Month: September 2018

U.S. stocks edged lower on Wednesday, weighed down by a decline in Apple as it unveiled larger iPhones but made just minor changes to its offerings, and other technology shares.

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Shares of Chinese electric carmaker NIO Inc recovered sharply from a 15 percent fall in their market debut on Wednesday, a day after the company’s IPO was priced at the lower end of the expected range.

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Canadian Foreign Minister Chrystia Freeland plans to return to Washington for more talks on NAFTA on Thursday but plenty of work remains before the two sides can strike a trade deal, a well-placed Canadian source said on Wednesday.

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Tesla Inc’s biggest institutional investor said on Wednesday it was questioned by U.S. securities regulators about Elon Musk’s now-abandoned plans to take the electric carmaker private and that the chief executive needed help running the company.

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Apple Inc unveiled larger iPhones and watches based on the design of current models on Wednesday, confirming Wall Street expectations that the company is making only minor changes to its lineup.

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Fitbit shares fall sharply, while Garmin sheds gains after Apple launches Apple Watch Series 4.

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U.S. businesses have scaled back or postponed investments in several parts of the country due to concerns about international trade tensions, the Federal Reserve said on Wednesday.

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Thyssenkrupp’s interim boss Guido Kerkhoff is working on a restructuring of the German conglomerate’s plant engineering and shipbuilding division, a source familiar with the matter said on Wednesday.

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Tesla Inc’s biggest institutional investor said on Wednesday it had spoken to U.S. securities regulators about Elon Musk’s plans to take the electric carmaker private and that the chief executive needs help running the company.

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Tesla Inc’s biggest institutional investor said on Wednesday it had spoken to U.S. securities regulators about Elon Musk’s plans to take the electric carmaker private and that the chief executive needs help running the company.

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Apple Inc announced larger watches and is expected to unveil three new iPhones at an event at its Silicon Valley headquarters on Wednesday, confirming expectations that the company is making only minor changes to its lineup based on last year’s iPhone X.

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Canadian Foreign Minister Chrystia Freeland is planning to return to Washington to hold more talks on NAFTA on Thursday but plenty of work remains before the two sides can strike a deal, a well-placed Canadian source said on Wednesday.

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Sweden’s Volvo, the world’s second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.

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