Venezuela's Oil Minister To Visit Russia To Push For Coordinated Action
Venezuela's oil minister plans to visit Russia, Iran, Qatar and Saudi Arabia beginning Monday, in a bid to stabilize oil prices.
Venezuela's oil minister plans to visit Russia, Iran, Qatar and Saudi Arabia beginning Monday, in a bid to stabilize oil prices.
San Francisco Fed President John Williams said he was optimistic about the economic outlook.
The January jobs report, due out Friday, will highlight next week’s economic calendar. Analysts are forecasting another strong month of job creation but much of the focus will be on wage growth.
XPO Logistics Inc. late Friday said it eliminated 190 positions, affecting less than 1% of the workforce, primarily to address redundancies with its acquisition of Con-way Inc. last year, The move is expected to cut costs by $20 million annually and boost operating profit by at least $170 million over two years.
Jeff Bezos had a pretty bad day Friday, and an even worse month, as the founder, chief executive and, more importantly, the largest shareholder of Amazon.com
U.S. stocks closed sharply higher on Friday for a second straight weekly gain.
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