President Donald Trump is hailing his “very big tariffs” on China. Trump is speaking Friday on the North Lawn of the White House, just as his administration just announced a 25 percent tariff on up to $50 billion worth of Chinese imports. Trump says there is “great brain power” in this country. …read more […]
(Reuters) – SandRidge Energy Inc said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer’s board.
WASHINGTON, (Reuters) – U.S. industrial production fell slightly in May amid a sharp drop in manufacturing output, the Federal Reserve said on Friday.
(Reuters) – Wall Street was set to open sharply lower on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, spurring a promise of immediate and equivalent retaliation from Beijing.
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world’s two largest economies.
WASHINGTON (Reuters) – President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.
(Reuters) – Wells Fargo & Co said a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts.
Which big pharma stock wins in a head-to-head comparison? …read more […]
The gaming sector is a surprisingly good place for investors to find strong, consistent payouts right now. …read more […]
ROME (Reuters) – An Italian administrative court has ruled that it cannot hear a case against Morgan Stanley and former senior Treasury officials that included a request for 2.7 billion euros ($3.1 billion) in damages.
(Reuters) – Qualcomm Inc has extended by a week its cash tender offer to buy all shares of NXP Semiconductors NV for $44 billion, the chipmaker said on Friday.
(Reuters) – U.S. stock index futures fell on Friday as the Trump administration prepared to impose tariffs on Chinese goods worth $50 billion that could trigger a countermove from Beijing and escalate trade tensions between the two largest economies.
SYDNEY/SHANGHAI (Reuters) – Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company that bought the mainland operations of Uber Technologies Inc [UBER.UL], will begin offering its service this month in Australia, its first foray in a Western-style country.
LONDON (Reuters) – HSBC’s push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the legacy of a previous disastrous foray into U.S. lending.
BERLIN (Reuters) – European efforts to develop a next-generation military combat jet will end in disaster if individual governments insist on dictating specific suppliers or sites, the chief executive of European aerospace firm Airbus warned on Friday.
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