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Mattel warns of weak 2019, shares drop most in 20 years

Mattel Inc on Friday issued a disappointing 2019 forecast and said demand for its iconic Barbie doll was slowing, triggering an 18 percent drop in its shares, their worst day in nearly two decades.

Amazon invites Ocasio-Cortez for tour, calls worker claims untrue

A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities.

Lyft to woo investors with fast U.S. growth in IPO race with Uber

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.

U.S.-China trade talks to resume next week, Trump hints at extension

The United States and China will resume trade talks next week in Washington with time running short to ease their bruising trade war, but U.S. President Donald Trump repeated on Friday that he may extend a March 1 deadline for a deal and keep tariffs on Chinese goods from rising.

S&P affirms Turkey ratings, maintains stable outlook

Standard and Poor's said on Friday it had affirmed Turkey's sovereign ratings with a stable outlook, adding that the ratings could be lowered if it sees an increased likelihood of a systemic distress in the banking system.

Fed policymakers see one U.S. rate hike, or none, as growth slows

When the Federal Reserve last month adopted a new "patient" approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.

Wall Street rallies on trade optimism

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war.

How Amazon scrapped its plans for a New York headquarters

More than a year of work to bring Amazon.com Inc's headquarters and tens of thousands of jobs to New York City ended on Thursday with a couple of phone calls.

Citigroup CEO gets $24 million as compensation in 2018

Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million.

Progress in U.S.-China trade talks sparks world stock rally

Progress in the U.S.-China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds.

Amazon places big bet on aspiring Tesla rival Rivian

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector.

Oil rises over two percent to 2019 highs on tightening supplies

Oil prices rose more than 2 percent to their highest this year on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing U.S.-Sino trade talks strengthened demand sentiment.

Big U.S. exchanges to sue SEC over 'overreaching' fee experiment

The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders.

Citi U.S. economic index posts biggest weekly drop since 2011

Citi Research's gauge on U.S. economic data surprises fell 40.7 points this week for its biggest weekly decline since June 2011, as the latest data on retail sales and factory output fell far short of market expectations.

XPO Logistics' top customer pulls back, Amazon suspected

XPO Logistics Inc shares sank more than 14 percent on Friday after it said its biggest customer, believed to be Amazon.com, slashed its business with the warehousing and last-mile delivery provider by two-thirds.

Exclusive: China ride-hailing giant Didi plans Chile, Peru launches to take on Uber

Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America's fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official.

Gold scales two-week peak; palladium matches record high

Gold jumped to a two-week high on Friday after weak U.S. economic data boosted expectations the U.S. Federal Reserve would hold pat on monetary tightening, while palladium matched an all-time high on a prolonged deficit.

After strong 2019 start for U.S. stocks, trade verdict looms

Optimism about a U.S.-China trade agreement has helped drive U.S. stocks to more than two-month highs, creating a make-or-break moment for Wall Street as a year-long clash between the world's two largest economies comes to a head.

Apollo to buy Cox TV stations in broadcast push

Buyout firm Apollo Global Management LLC has agreed to acquire a majority stake in 14 television stations from privately held Cox Media Group, the company said on Friday, a move that sets up Apollo to become a player in broadcasting, an industry it has sought deals in for some time.

RBS delivers on dividend but warns of Brexit business threat

Royal Bank of Scotland will pay investors, including the British government, a bigger-than-expected dividend after it more than doubled its profit in 2018, but warned that Brexit could drive businesses under and curtail cost-cutting.

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