NEW YORK (Reuters) - Investors have only a sprinkling of economic data on their plates in the last full week of 2007, but if the numbers come through as expected, stocks may extend Friday's early Santa Claus rally.
NEW YORK (Reuters) - U.S. shoppers, come out, come out, wherever you are. "Super Saturday," the last Saturday before Christmas, is often the biggest shopping day of the holiday season, according to the National Retail Federation.
NEW YORK (Reuters) - Goldman Sachs Group's board of directors awarded a $67.9 million bonus to Chairman and Chief Executive Lloyd Blankfein for 2007, according to a filing with regulators.
LOS ANGELES (Reuters) - Fedex Corp said on Friday that the U.S. Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002.
NEW YORK (Reuters) - Chrysler LLC on Friday called recent media reports about its financial picture inaccurate, saying the auto maker is exceeding most financial targets heading into 2008.
NEW YORK (Reuters) - Marsh & McLennan Cos Inc said on Friday it will replace its embattled chief executive, Michael Cherkasky, following a year of disappointing results and is evaluating strategies to boost shareholder value.
NEW YORK (Reuters) - The three top U.S. banks said they have abandoned a government-supported plan for a fund to bail out structured investment vehicles after Citigroup and others launched independent rescues, making the fund unnecessary.
NEW YORK (Reuters) - U.S. stocks jumped the most in three weeks on Friday, as strong results from the company behind the BlackBerry boosted technology shares while financials rose on a report that another U.S. brokerage may get a big foreign investment.
DETROIT (Reuters) - General Motors Corp said on Friday it is recalling 275,936 Cadillacs, Pontiacs and Saturns sold in the United States because of a fluid leak that could lead to loss of control of the vehicle.
WASHINGTON (Reuters) - Consumer spending rose at the fastest rate in more than two years in November and prices also climbed sharply, according to a government report on Friday that showed the economy on firmer ground than many had believed.
