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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…