Month: August 2019

President Donald Trump said on Friday a meeting on trade between U.S. and Chinese officials set for September was still scheduled.

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Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc’s acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said.

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The 15% duties on Chinese imports taking effect on Sept. 1 will have no grace period for goods in transit, U.S. Customs and Border Protection said in guidance on its website on Friday.

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Argentina’s battered bonds and currency were driven still lower on Friday amid downgrades by three credit ratings agencies and a new central bank policy that some private economists said hinted at a return to capital controls.

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The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers.

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Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street, though caution over pending American tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years.

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Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to be levied.

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Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices were still headed for the biggest weekly increase since early July, boosted by an easing of U.S.-China trade rhetoric.

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The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words to 4 million followers.

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Activist hedge fund Jana Partners on Friday disclosed a large new stake in Outback Steakhouse owner Bloomin’ Brands Inc , returning for the second time in nearly two years to push for fresh changes after reaching a settlement in 2018.

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Wall Street showed mixed results on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to be levied.

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General Motors has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand.

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U.S. stocks were in the red on Friday afternoon as investors were wary after mixed data and ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to kick in.

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Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site following a June blaze that led to the plant’s closure, officials said on Friday.

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Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension funds.

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