Author: Reuters

(Reuters) – U.S. stocks rose on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump’s tax-cut plan may move forward. Powered by...

(Reuters) – U.S. stocks extended gains in early afternoon trading on Friday to scale new highs on hopes that President Donald Trump’s tax-cut plan would make further headway after the Senate passed a budget...

(Reuters) – Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday....

(Reuters) – Technology and bank stocks lifted Wall Street on Friday and investor optimism received a fresh boost from Washington, where the Trump administration inched a step closer to implementing tax-cut plan. Powered by...

(Reuters) – The world’s top two oilfield services firms warned on Friday of a challenging fourth quarter for the industry, as investment slows due to soft oil prices and energy firms reducing activity on offshore...