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Wall Street slips as trade worries dampen upbeat earnings
Fri, 20 Jul 2018 16:47:09 -0400
U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump's latest tariff threats…
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U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs
Fri, 20 Jul 2018 16:42:14 -0400
The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump…
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Trump threatens tariffs on all $500 billion of Chinese imports
Fri, 20 Jul 2018 16:19:31 -0400
U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods…
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Microsoft shares at all-time high after bumper results
Fri, 20 Jul 2018 16:17:31 -0400
Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed…
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Over sorghum salad, U.S. farmers and Chinese buyers chew on trade
Fri, 20 Jul 2018 16:14:06 -0400
Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the U.S. grain at…
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GlaxoSmithKline considers splitting up the group: FT
Fri, 20 Jul 2018 15:48:22 -0400
GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer…
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Wall Street braces for tariff fallout as S&P 500 companies report
Fri, 20 Jul 2018 15:21:39 -0400
Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major…
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U.S., European allies map out larger role for F-35 fighter
Fri, 20 Jul 2018 14:34:05 -0400
Lockheed Martin's F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader…
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U.S. lawmakers cut anti-ZTE measure from must-pass defense bill
Fri, 20 Jul 2018 14:05:59 -0400
U.S. lawmakers who reached an agreement on a must-pass defense bill cut from the legislation a measure that would have…
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Honeywell eyes supplier shift to avoid tariff hit
Fri, 20 Jul 2018 13:11:59 -0400
U.S. industrial conglomerate Honeywell International Inc said on Friday it had started sourcing some of its components from countries other…
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Luxembourg police deploy Tesla cars to help nab criminals
Fri, 20 Jul 2018 12:38:42 -0400
Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help…
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U.S. carmakers expected to warn of tariff pain when releasing results
Fri, 20 Jul 2018 12:34:33 -0400
When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn…
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Deutsche to pay $75 million to settle ADRs abuses case, U.S. SEC says
Fri, 20 Jul 2018 12:22:44 -0400
The U.S. Securities and Exchange Commission said on Friday that Deutsche Bank has agreed to pay nearly $75 million to…
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GE beats on EPS but trims cash flow target; shares fall
Fri, 20 Jul 2018 12:09:53 -0400
General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about…
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Factbox: Impact of U.S-China trade tariffs on U.S. companies
Fri, 20 Jul 2018 11:51:08 -0400
Several U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States…
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Baker Hughes second quarter profit misses estimate; outlook upbeat
Fri, 20 Jul 2018 11:44:42 -0400
Baker Hughes, General Electric Co's oilfield services arm, on Friday reported a slight profit miss on weaker revenues in its…
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GE CEO says China tariffs' 'gross cost' could be $400 million
Fri, 20 Jul 2018 11:41:28 -0400
General Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its…
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Lufthansa, Laudamotion court proceedings to start in November
Fri, 20 Jul 2018 11:24:10 -0400
A court in Britain will start proceedings on Nov. 19 in a case between Lufthansa and Laudamotion over leasing contracts,…
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RBS to close small firms redress scheme to new claims
Fri, 20 Jul 2018 10:31:22 -0400
Royal Bank of Scotland said a scheme to compensate small firms hurt by its restructuring unit will close to new…
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AT&T reveals three more cities for 5G launch by end of year
Fri, 20 Jul 2018 10:29:56 -0400
AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch…