NEW YORK (Reuters) - U.S. stocks ended mostly flat in a holiday-shortened session on Friday as a massive decline in the energy sector offset strength in consumer names, but major indexes rose for a sixth straight week.
NEW YORK (Reuters) - U.S. crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC's decision not to cut output sent oil traders and analysts scurrying to find a new trading floor.
LONDON (Reuters) - Procter & Gamble Co is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world's largest consumer products company streamlines its business.
LONDON (Reuters) - Vodafone is reviewing potential acquisitions, including of Europe's leading cable operator Liberty Global , to counter the pending consolidation among rivals in Britain, five people close to the matter said.
LONDON (Reuters) - A fresh slide in the price of crude wiped tens of billions of dollars off oil companies' market value on Friday and signalled an end to the sector's safe-haven status, as fears mounted over future profits and dividend payouts.
BOSTON (Reuters) - Superstar investor David Einhorn is raising cash for the first time since 2012 following three straight years of lagging performance - and some customer redemptions from his $10 billion hedge fund, Greenlight Capital.
LONDON (Reuters) - World investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows.
WEST HARTFORD, Conn./CHICAGO (Reuters) - Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online.