U.S. wants to end subsidies for electric cars, renewables: White House
White House economic adviser Larry Kudlow said on Monday the United States wants to end subsidies for electric cars and other items including renewable energy sources.
White House economic adviser Larry Kudlow said on Monday the United States wants to end subsidies for electric cars and other items including renewable energy sources.
U.S. chipmaker Qualcomm Inc said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV , a day after the White House said China would reconsider clearing a deal if it was attempted again.
Venezuelan President Nicolas Maduro said on Monday his country has the right to export gold and sanctions interfering with that are wrong, a month after U.S. President Donald Trump signed an executive order aimed at curbing Venezuelan gold exports.
Nexstar Media Group Inc said on Monday it had agreed to buy Chicago-based peer Tribune Media Company for about $4.1 billion in cash, a deal that would make it the largest regional U.S. TV station operator.
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while triggering a dollar sell-off and pushing the Chinese yuan and several trade-dependent currencies higher.
Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on Monday a key signal began to waver that may intensify debate about whether conditions are as solid as they seem.
General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs.
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc .
White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.
Brazil’s antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox’s entertainment assets raised concerns about undermining competition in the cable television market.
Wall Street’s major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year.
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while sending the dollar lower and the Chinese yuan and several trade-dependent currencies higher.
Walt Disney Co said on Monday Chief Executive Officer Robert Iger has agreed to certain adjustments to his compensation package, which ties his paycheck to the company’s performance, as it nears the completion of its Twenty-First Century Fox acquisition.
General Motors Chief Executive Mary Barra will meet with Ohio’s two U.S. senators on Wednesday about the Detroit automaker’s plans to idle five North American plants and cut up to 15,000 jobs.
Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
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