wallstreet-111914_25may18.jpg After ending the previous session modestly lower, stocks turned in a lackluster performance during trading on Friday. The major averages spent the day bouncing back and forth across the unchanged line before closing mixed.

PepsiCo Inc. (PEP) Friday announced it has reached an agreement to buy Bare Foods Co., a U.S.-based food company that makes fruit and vegetable snacks. Pepsi did not disclose any financial details of the acquisition. "For nearly a dozen years, PepsiCo has been committed to Performance with Purpose,...

donald-trump4-052518.jpg Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial...

Carl Icahn Friday said he is lowering his stake in nutritional supplements maker Herbalife. The billionaire investor announced he will sell 11.4 million of his current 45.7 million shares in the company. Nevertheless, Icahn will still remain Herbalife' largest holder even if all the shares in the...

robert-menendez-052518.jpg New Jersey Senator Bob Menendez, D-N.J., cruised to re-election in 2012 with more than 58 percent of the vote, but the results of a Fairleigh Dickinson University Poll suggest he could face a much tougher race this fall. The poll found that 28 percent of New Jersey voters support Menendez, while 24...

wallstreet-111814_25may18.jpg After initially showing a lack of direction, stocks continue to turn in a lackluster performance in mid-day trading on Friday. The major averages have spent the day bouncing back and forth across the unchanged line after ending the previous session modestly lower.

Seaworld Parks and Entertainment is offering to U.S. veterans and up to three guests free admission to SeaWorld Orlando, San Antonio or San Diego and Busch Gardens Tampa Bay. The offer lasts through July 4 and is part of the Waves of Honor program. "We hope this invitation to all veterans allows...

dannyboyle-bond25-052518.jpg Oscar-winning Danny Boyle will be the director of the 25th official James Bond film. Daniel Craig will reprise his role as James Bond for one last time in the unnamed film. Boyle worked with Craig for a mini James Bond film he made for the London 2012 Olympics opening ceremony. This will be the fifth and final time that the 49-year-old star playing the secret agent. James Bond will return to U.S

delta-usa-india-052518.jpg Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers.

harveyweinstein-052518.jpg Oscar-winning producer Harvey Weinstein has been charged with rape and several other counts of sexual abuse involving two women after he surrendered to New York police Friday. Weinstein, 66, "was arrested, processed and charged with rape, criminal sex act, sex abuse and sexual misconduct for incidents involving two separate women," the New York Police Department said in a statement. He was escorte

wallstreet1-103112_25may18.jpg After initially moving to the downside, stocks have shown a lack of direction over the course of morning trading on Friday. The major averages have been bouncing back and forth across the unchanged line after ending the previous session modestly lower.

spain-governor-crypto-risk-052518.jpg The head of Spain's central bank has said that he believes cryptocurrencies currently present "more risks than benefits." At the same time, he is appreciative of the blockchain technology, which, according to him, has the potential to improve efficiency and reduce costs. Banco de Espana (Bank of Spain) Governor Luis Maria Linde shared his views on cryptocurrency and blockchain while addressing a

weekly-roundup-052518.jpg Cryptocurrencies declined for the large part of the week, mainly due to regulatory concerns, but was attempting a rebound Friday morning. Bitcoin sunk below $7,300 by Thursday as a news report suggested that the US government was planning to launch a criminal probe into the allegations of price manipulation in the top cryptocurrency.

morgage-rates-052518.jpg Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.

trump-thumb-052518.jpg A day after his surprise decision to cancel an historic summit with North Korean leader Kim Jong Un, President Donald Trump seemed pleased with the response by the reclusive communist nation. "Very good news to receive the warm and productive statement from North Korea," Trump said in a post on Twitter.

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