US Treasury yields fall as US politics, Barcelona attack weigh on sentiment
U.S. bond yields fell as investors turned their attention to turbulence seen in U.S. politics and the terror attack in Europe.
Foot Locker gets trampled, Nike and Under Armour also suffer, Deere dumped on revenue miss
Deere, Foot Locker, Nike, Under Armour, Gap, Calpine and Infosys are among the stocks to watch.
Sports retail industry in crisis as Foot Locker shares crater
The sports retail industry is reeling on Friday as Foot Locker Inc. (NYSE:FL) became the latest athletic-wear outlet to see its shares crater after subpar quarterly earnings.
Infosys CEO resigns after long-running feud with founders
BENGALURU/MUMBAI (Reuters) - Vishal Sikka, the chief executive brought in to turn around India's Infosys (INFY.NS) three years ago, resigned on Friday, blaming a "continuous drumbeat of distractions" and a long-running row with the founders over company strategy. The stock touched its lowest level since the start of Sikka's tenure. The tussle between Infosys and its founders began in February after founder and former chairman Narayana Murthy accused the company of corporate governance lapses.
Gary Cohn departure still unlikely
Yahoo Finance Jen Rogers, Jared Blikre and Rick Newman discuss why investors are concerned about Chief Economic Advisor Gary Cohn resigning, even though the White House has officially denied that will happen.
FMCSA warns of driver distraction during solar eclipse
Wall Street lower on growing concerns over Trump agenda
Wall Street was lower for the second straight day on Friday on mounting worries about President Donald Trump's ability to legislate his pro-growth agenda, after his comments on the recent violence in Virginia drew widespread criticism. Trump has alienated Republicans, corporate leaders and U.S. allies, while rattling markets with his comments since Saturday's violence in Charlottesville, Virginia, which came in the aftermath of a white nationalist protest against the removal of a Confederate statue. Several business leaders have since resigned from his advisory councils and a White House official said plans for an infrastructure council had been dropped.