U.S. Trade Representative Robert Lighthizer did not tell business executives that another round of tariffs on Chinese imports is on hold, a USTR spokesperson said on Thursday, denying a report in the Financial Times.
Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters.
Sterling tumbled on Thursday after British ministers resigned in protest against a draft Brexit agreement, rekindling fears of a chaotic departure for Britain from the European Union in 4-1/2 months.
Troubled Greek jewelry maker Folli Follie has asked for protection from creditors in order to finalize a restructuring plan, it said in a statement on Thursday.
WASHINGTON (Reuters – The U.S. Federal Communications Commission voted unanimously on Thursday to allow Tesla Inc Chief Executive Elon Musk’s Space X, Telesat Canada [PSPENC.UL] and two other companies to roll out new satellite-based broadband services.
U.S. Trade Representative Robert Lighthizer has told some industry executives that another round of tariffs on Chinese imports has been put on hold as the two nations pursue talks, the Financial Times reported on Thursday, citing an unnamed person familiar with the situation.
Sterling tumbled on Thursday as political developments in Britain rippled through currency, bond and equity markets, while the major U.S. stock indexes erased losses from earlier in the session helped by optimism over U.S.-China trade.
The Air Line Pilots Association told U.S. safety regulators on Thursday the union was concerned about “a potential, significant aviation system safety deficiency” in the Boeing 737 MAX aircraft, one of which crashed last month in Indonesia.
Shares of PG&E Corp sank 29 percent on Thursday, bringing the loss in its stock market value to nearly $16 billion since the breakout of a deadly wildfire in northern California that investors fear will be blamed on the utility.
Wells Fargo & Co. said on Thursday the bank given has given notice to team members in its Consumer Lending and Payments, Virtual Solutions and Innovations groups that it plans to eliminate roughly 1,000 positions nationwide.
Amazon.com Inc said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC.
Tesla Inc Chief Executive Officer Elon Musk said on Thursday that Model 3s ordered in the United States by the end of this month will be delivered by Dec. 31, as the electric carmaker tries to take advantage of tax breaks.
U.S. stocks struggled on Thursday as an attempt by technology companies to rebound from this week’s sharp losses was outweighed by a batch of weak results and Brexit-related concerns.
Facebook Inc said https://newsroom.fb.com/news/2018/11/enforcing-our-community-standards-2 on Thursday it had identified about 2.1 million posts as being bullying or harassment in nature on the social network between April and September.
U.S. automakers and parts suppliers on Thursday urged the Trump administration to end steel and aluminum tariffs on Mexico and Canada and warned that potential U.S. national security tariffs on automotive imports would lead to widespread job losses.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
