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Updated: 14 min 25 sec ago
Citigroup Inc cut Chief Executive Michael Corbat's pay by about 10 percent in 2014, a year in which the bank's profit nearly halved due to higher legal costs and a slump in bond trading.
Shares of some top beverages companies are down at 10 a.m.: Anheuser-Busch Inbev ADR fell $1.18 or 1.0 percent, to $121.56.
Shares of some top aerospace companies are mixed at 10 a.m.: Boeing rose $2.20 or 1.4 percent, to $155.95.
Ann Inc. (ANN) is working with JP Morgan Chase & Co. on a potential sale has contacted possible suitors including rival retailers in recent weeks, Bloomberg reported Friday, citing people with knowledge of the matter.
The flash reading of the Markit manufacturing purchasing managers index edged higher in February to 54.3 from 53.9 in January, to mark the highest reading since November.
About 800,000 HealthCare.gov customers got the wrong tax information from the government, the Obama administration said Friday, and officials are asking those affected to delay filing their 2014 returns.
Cyclists who want to grab a quick taco or hamburger while cruising through Salt Lake City may soon find that Utah has restricted their two-wheeled meals.
New Jersey's U.S. senators want the state attorney general's office to investigate possible fraud by insurance companies following Superstorm Sandy.
More hospitals and doctors are starting to use data from fitness trackers and health apps to help treat patients.
U.S. stocks opened weaker on Friday as investors remained cautious ahead of U.S. PMI data and the outcome of a key meeting between Greece and Eurogroup ministers.
Target Corp. is betting big on organic and sustainable products.
The World Health Organization has approved a quick test for Ebola that will dramatically cut the time it takes to determine with reasonable accuracy whether someone is infected with the deadly virus.
The U.S. stock market is opening with small losses as financial and industrial companies fall the most.
The German and Greek finance ministers were holding talks with the heads of the IMF and the Eurogroup, officials said, trying to facilitate a deal on a Greek bailout request before all euro zone finance ministers meet later on Friday.
France and Germany have warned that sanctions could be leveled if the Minsk accords to stabilize Ukraine are not respected.
According to an internal member to employees, Citigroup's head of consumer banking will retire on June 1, and will assume the role of non-executive chairman of Banco Nacional de Mexico following his retirement.
The managing director and chief economist who took on the role at Pimco in May 2014 to work alongside legendary bond investor and friend Bill Gross, will step away from his position at the end of the month.
Shares of Noodles & Co. tumbled in premarket trading Friday as the restaurant operator said that its 2015 adjusted profit will now likely come in at the low end of its previous range.
Pimco said its chief economist, Paul McCulley, has stepped down after less than a year with the world largest bond fund.
U.S. equity markets were lower in early trade on Friday as investors proceeded with caution ahead of what looks to be a last-chance meeting for Greece.