The U.S. economy probably slowed in the fourth quarter, held back by softer consumer spending and weak exports, which could leave 2018 growth just shy of the Trump administration’s 3 percent annual target.
Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal.
Apple Inc said on Wednesday it planned to lay off 190 employees in its self-driving car program, Project Titan, changes that provide a rare window into the automotive technologies the company has been pursuing.
Asian stocks slipped on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer dented some of the recent optimism toward Sino-U.S. trade relations, while the dollar held gains, supported by higher bond yields.
Wells Fargo & Co said on Wednesday that it entered preliminary settlement discussions with the U.S. Department of Justice and the Securities and Exchange Commission over previously disclosed probes into its sales practices.
Apple Inc said on Wednesday it plans to lay off 190 employees in its self-driving car program, Project Titan.
Southwest Airlines Co said on Wednesday it won approval from the U.S. Federal Aviation Administration to begin flying to Hawaii from California, clearing the way for the low-cost carrier to move forward with a key part of its 2019 growth plan.
Walt Disney Co is actively pursuing the purchase of WarnerMedia’s nearly 10 percent stake in Hulu, entertainment business news portal Variety reported on Wednesday, citing sources.
Global stock indexes ended with mostly slight losses on Wednesday after U.S. Trade Representative Robert Lighthizer said it was too early to predict an outcome in U.S.-China trade talks, although a jump in oil prices lifted shares of energy companies.
Wells Fargo & Co is engaged in preliminary exploratory resolution discussions with the U.S. Department of Justice and the U.S. Securities and Exchange Commission about inquiries into its sales practices, the bank said on Wednesday.
Southwest Airlines Co has won approval from the U.S. Federal Aviation Administration to begin flying to Hawaii from California, the carrier said on Wednesday, clearing the way for the long-awaited new service.
The U.S. Trade Representative’s office said on Wednesday it would move to formally suspend a scheduled tariff increase on Chinese goods “until further notice” following President Donald Trump’s decision to delay his Friday deadline for a U.S.-China trade deal amid progress in their talks.
The S&P 500 closed down slightly on Wednesday but well above its session low after testimonies to U.S. Congress from trade and central bank officials as well as President Donald Trump’s former lawyer brought few major surprises.
Southwest Airlines said on Wednesday it had received authorization from the Federal Aviation Administration for its planned service to Hawaii from California.
The United States will need to maintain the threat of imposing tariffs on Chinese goods for years even if Washington and Beijing strike a deal to end a costly trade war, U.S. Trade Representative Robert Lighthizer told lawmakers on Wednesday.
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