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White House will look 'very carefully' at Peugeot, Fiat Chrysler deal: Kudlow

U.S. President Donald Trump’s administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA , White House economic adviser Larry Kudlow said on Friday. “We will obviously look at it very, very carefully,” Kudlow said on Bloomberg. …read more […]

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AbbVie says multiple parties vying for assets related to Allergan deal approval

The company said it had notified the U.S. antitrust watchdog of its intention to divest its experimental inflammatory bowel disease therapy, brazikumab, and its treatment for a type of pancreatic disease, Zenpep. The agency asked the companies for additional information in September that AbbVie said was not unexpected and that the companies were working through the FTC’s requests. …read more […]

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Jobs report shows 128,000 jobs added in October after Fed signals pause in rate cuts

The October jobs report came in stronger than expected, with 128,000 jobs added versus the expected 85,000. This report comes on the heels of the Federal Reserve signaling a pause in rate cuts. Chief Global Market Strategist at Invesco Kristina Hooper and former JPMorgan Chase Chief Economist Anthony Chan join Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss. …read more […]