Articles by admin

The latest round of China-U.S. trade talks began in Beijing on Wednesday, as both countries look to end their bitter trade war.

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Massachusetts gaming regulators on Tuesday fined Wynn Resorts Ltd $35 million for not disclosing sexual misconduct allegations against founder and former CEO Steve Wynn but allowed the casino operator to keep the license for its new $2.6 billion casino near Boston due to open in June.

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Apple Inc said sales in China were stabilizing and touted how increasing demand for services and accessories such as Apple Music and the Apple Watch helped offset a record drop in iPhone revenue.

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A federal judge on Tuesday approved a deal struck between Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission over Musk’s use of Twitter, a court filing showed.

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Allergan Plc is on course to defeat a shareholder resolution tabled by David Tepper’s hedge fund Appaloosa LP that would have forced the drugmaker’s CEO Brent Saunders to immediately give up his role as chairman, people familiar with the matter said on Tuesday.

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Qantas Airways Ltd, which hopes to buy planes this year for record-breaking 21-hour flights between Sydney and London has two hurdles left to overcome: getting pilots and Australia’s aviation regulator to agree to unprecedented duty times.

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Warren Buffett’s Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp’s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

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Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while tapping new revenue sources.

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The S&P 500 eked out another record high close on Tuesday and capped its best four-month stretch in nearly nine years after a recent rally that helped to restore investors’ belief in the decade-long bull run.

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China’s Huawei Technologies Co Ltd on Tuesday launched two high-end smartphone handsets in Brazil, making its second attempt to penetrate the world’s fourth-largest smartphone market, broadening its footprint in Latin America.

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A European Union trade lawyer fired withering put-downs at U.S. claims for damages due to subsidies for European planemaker Airbus in a recording of a dispute hearing made available by the World Trade Organization (WTO) on Tuesday.

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Apple Inc on Tuesday forecast stronger-than-expected third-quarter revenue and Chief Executive Tim Cook said iPhone sales had started to stabilize in China, a sign that Apple’s price cuts there are helping limit sales declines.

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Doubts mounted on Tuesday over U.S. President Donald Trump’s pick to fill a vacant seat at the Federal Reserve, with one Republican senator saying she was “very unlikely” to back economic commentator Stephen Moore and another calling his nomination “very problematic.”

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U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he hopes to make “substantial progress” with Chinese negotiators in the next two rounds of trade talks, as the world’s two largest economies look for ways to end their bruising trade war.

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