WASHINGTON (Reuters) – U.S. factory activity slowed for a second straight month in April, with manufacturers complaining about rising commodity prices in the wake of the Trump administration’s tariffs on steel and aluminum imports.
WASHINGTON (AP) — The top security official for embattled Environmental Protection Agency head Scott Pruitt abruptly left office ahead of his scheduled questioning before a congressional panel, one of two top aides whose departures were announced Tuesday amid a series of federal ethics investigations of the agency. …read more […]
LONDON (Reuters) – Signs of fading growth momentum across Europe have come as bad news to equity investors hoping for a repeat of 2017’s bumper returns, but many say they’re not ready to throw in the towel yet on companies that are still delivering strong earnings.
Oregon start-up Agility Robotics is developing a robot that can walk and run and costs less than $300,000. …read more […]
(Reuters) – U.S. stocks fell on Tuesday, driven by Pfizer’s discouraging results, tumbling oil prices and growing fears that tariffs and inflation could weigh on corporate profits.
In a memo to employees, Morgan Stanley chief executive James Gorman announced a big executive shakeup. The bank has named Rob Rooney to oversee the US bank’s technology efforts, according to a memo reviewed by Business Insider. …read more […]
NEW YORK (Reuters) – The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
NEW YORK (Reuters) – Pfizer Inc on Tuesday reported lower-than-expected first-quarter revenue as demand for some key drugs and international sales fell short of estimates, sparking a 5.1 percent drop in shares of the largest U.S. drugmaker.
DETROIT (Reuters) – Major automakers on Tuesday posted lower U.S. new vehicle sales in April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry.
DETROIT (Reuters) – Major automakers on Tuesday posted lower new vehicle sales in April as consumer demand continued to weaken following a lengthy boom for the industry.
Nashville-based Gibson, whose legendary brands include Les Paul and SG, has been suffering under $500 million in debt linked to the acquisition of its consumer electronics business overseas, where sales have been in sharp decline. In a filing in U.S. Bankruptcy Court in Delaware, Gibson said the overseas consumer electronics business will be wound down, allowing it to re-focus on its core guitar-making and audio businesses. …read more […]
TORONTO, April 30, 2018– Pasinex Resources Limited (CSE:PSE) (FSE:PNX) (The “Company” or “Pasinex”) today reported net income for 2017 of $5.8 million; a 700 percent increase from 2016 net income of $0.8 million. Net income […]
WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross on Tuesday said the one-month extension of the exemption from new steel and aluminum tariffs granted to the European Union was the result of promising discussions to reduce trade tensions, and he does not anticipate granting exemptions to become a continuing practice.
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Tuesday it will investigate certain gaming console systems from Nintendo Co Ltd after California-based Gamevice Inc filed a complaint alleging that their importation infringed on its patents.
WASHINGTON (Reuters) – U.S. factory activity slowed for a second straight month in April, weighed down by shortages of skilled workers and rising capacity constraints, but strengthening global demand continues to support manufacturing.
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