Anti-government protesters paralyzed parts of Hong Kong for a fifth day on Friday, forcing schools to close and blocking some major highways, as university students barricaded campuses and authorities struggled to calm the violence.
Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
Boeing's multibillion dollar contract to build U.S. astronaut capsules received an "unnecessary" extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency's program to restart domestic human spaceflight.
Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession.
Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.
Montana lawmakers representing Native American tribal members called on the state's congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying tribes were not properly consulted.
The head of the Southwest Airlines Co pilot union Wednesday sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX's return to service.
Asian stocks jumped on Friday, propelled by a record S&P 500 finish and White House comments suggesting Washington and Beijing were close to striking a trade deal, reviving hopes the tariff war may near an end.
Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month.
Oil prices eased on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, but losses were limited by forecasts from the Organization of the Petroleum Exporting Countries for a lower-than-expected oil surplus.
The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war.
Asian equities rose on Friday after the S&P 500 index notched a new record closing high, but investor sentiment remained fragile following weak data from China and Germany, which reinforced concerns about the global economy.
The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems was offset by a strong report from big box retailer Walmart.
Amazon.com Inc on Thursday said it is contesting the Pentagon's award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.
PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the permission of the payment processor.
Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal.
WeWork's junk bond price dropped and its risk premium shot to a record high on Thursday following a report that its main backer still hasn't delivered on a plan to buy $3 billion of stock from existing shareholders.