(Reuters) – The U.S. Commerce Department has granted ZTE Corp, China’s No. 2 telecommunications equipment maker, the authority to engage in commercial transactions needed to maintain existing networks and equipment in the United States as it works toward the lifting of a U.S. sales ban.
(Reuters) – Barnes & Noble Inc on Tuesday said it terminated Chief Executive Officer Demos Parneros, citing violations of the retail bookseller’s policies.
(Reuters) – Tesla Inc shares closed sharply lower on Tuesday amid analyst skepticism about its Model 3 cars and a news report that said the company had stopped running a brake test on its cars.
NEW YORK (Reuters) – U.S. retailer Walmart Inc faced an outcry from supporters of President Donald Trump on Tuesday for listing for sale on its open marketplace clothing with the slogan “Impeach 45,” an apparent reference to Trump, the country’s 45th president.
U.S. lawmakers plan to pressure the Trump administration to closely scrutinize T-Mobile US Inc.’s planned purchase of Sprint Corp., arguing the acquisition poses a threat to American security because the owner of Sprint has ties to Chinese telecommunications company Huawei Technologies Co. A draft letter to Treasury Secretary Steve Mnuchin, who leads a U.S. national security review of the deal, is to be sent next week and is being circulated for signatures among lawmakers in the House by congressional critics of the deal, according to a copy obtained by Bloomberg News. The $26.5 billion merger of the No. …read more […]
HAVANA (Reuters) – In the busy summer travel period in Cuba, a long line of people wait for hours in the sweltering heat outside the Havana office of state-owned airline Cubana, many of them eager to visit families in the provinces.
Here’s a look at the five best oil producers in the S&P 500 through the first half of the year. …read more […]
NEW YORK (Reuters) – A three-year U.S. Securities and Exchange Commission investigation found that Dow Chemical failed to properly disclose around $3 million in perks for former Chief Executive Andrew Liveris, ranging from personal use of company aircraft to sporting events and dues Dow paid to a charity Liveris chaired.
U.S. President Donald Trump said on Tuesday his administration is working to bring other motorcycle companies to the United States, following Harley-Davidson Inc’s decision to shift some production for European customers overseas. Trump gave no details about what steps his administration is taking. Asked about the tweet, White House senior adviser Kellyanne Conway had no comment. …read more […]
GENEVA (Reuters) – Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization (WTO) on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday. …read more […]
Low pay and a lack of benefits are driving the labor shortage, according to a truck industry leader. …read more […]
Tesla Inc tapped workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. Tesla pulled out all the stops in the final week of June to meet its goal of making 5,000 Model 3s in a week, according to employees who spoke to Reuters. The sedan is essential to put money-losing Tesla on a path to profitability and prove that the electric car company can master mass production. …read more […]
Tesla Inc (TSLA.O) tapped workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. Tesla pulled out all the stops in the final week of June to meet its goal of making 5,000 Model 3s in a week, according to employees who spoke to Reuters. The sedan is essential to put money-losing Tesla on a path to profitability and prove that the electric car company can master mass production. …read more […]
PARIS/LONDON (Reuters) – A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
