Donald Trump Jr. met in August 2016 with Mideast contingent offering help in election: N.Y. Times

Private security entrepreneur Erik Prince, who headed the military contractor formerly known as Blackwater and is the brother of Education Secretary Betsy DeVos, arranged a Trump Tower meeting in August 2016 bringing together an Israeli specialist in social-media manipulation, an emissary for Saudi and United Arab Emirates crown princes, and Donald Trump Jr., according to […]

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Utilities services company Charah Solutions files for an IPO

Charah Solutions Inc. of Louisville, Ky., has filed for an initial public offering. Charah, which offers environmental and maintenance services to coal-fired and nuclear power plants, seeks to raise $100 million, according to a filing late Friday, although that figure could be a placeholder. The stock would trade on the New York Stock Exchange under […]

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GS Acquisition Holdings files for initial public offering

GS Acquisition Holdings Corp. is looking to raise up to $690 million in an initial public offering, according to a Securities and Exchange Commission filing late Friday. The “blank check” company, sponsored by Goldman Sachs Group Inc. GS, -0.88% and headed by former Honeywell HON, +0.83% chief David Cote, was formed for “effecting a merger, […]

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U.S. stocks close lower, book weekly losses

U.S. stocks closed mostly lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the U.S. and China, as well as bond yields that climbed this week to the highest level since 2011. The Dow Jones Industrial Average DJIA, +0.00% closed nearly unchanged at 24,715.09, […]

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Oil prices settle lower for the session, but score a third straight weekly gain

Oil prices settled lower on Friday, but held onto a gain of roughly 0.8% for the week–their third weekly climb in a row. Traders continue to weigh pressure from growing U.S. crude production against support from potential disruptions to the flow of crude from the Middle East. June West Texas Intermediate crude CLM8, -0.22% fell […]

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New Goldman Sachs CEO likely by year-end, New York Times reports

Goldman Sachs [S: gs] CEO Lloyd Blankfein is likely to step down later this year, with the bank’s current president, David Solomon, assuming command shortly after, the New York Times reported Friday. Solomon is “already structuring his senior management team,” the Times said, citing people familiar with the process. One of the biggest questions is […]

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Boeing 737 carrying 104 people crashes at airport in Cuba: reports

A Boeing 737 has crashed at Havana’s Jose Marti International Airport on Friday, according to reports. According to CNN, the Boeing flight crashed upon takeoff from the Cuban airport. Local news indicates that 104 people were on board. The reports indicated that firefighters were battling plumes of heavy smoke and fire emanating from the downed […]

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Gold futures end higher for the session, but lose over 2% for the week

Gold finished with a modest gain Friday to recoup most of what it lost a day earlier. Prices still fell by 2.2% for the week, pressured by strength in the U.S. dollar, as well as a sharp rise in U.S. Treasury yields this week despite a pullback Friday. June gold GCM8, +0.18% rose $1.90, or […]

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U.S. oil-rig count unchanged after six straight weeks of gains: Baker Hughes

Baker Hughes BHGE, -2.10% on Friday reported that the number of active U.S. rigs drilling for oil was unchanged at 844 this week. The oil-rig count had logged gains in each of the last six weeks. The total active U.S. rig count, which includes oil and natural-gas rigs, edged up by 1 to 1,046, according […]

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Trump says he'll nominate Robert Wilkie to lead VA

Robert Wilkie, the acting secretary of Veterans Affairs, will be nominated to fill that role on a permanent basis, President Donald Trump announced Friday. “He doesn’t know this yet,” Trump said at an event on prison reform. Dr. Ronny Jackson, who had been Trump’s personal physician, had withdrawn his nomination to take over from David […]

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