President Donald Trump on Tuesday left the door open for China to negotiate an end to the current trade war between the United States and the Asian nation, a day after slapping new tariffs on nearly $200 billion Chinese imports and threatening to add taxes to $267 billion more goods.
Tesla Inc and its Chief Executive Elon Musk are under criminal investigation by the U.S. Department of Justice over public statements about taking the electric carmaker private, Bloomberg reported on Tuesday.
Tesla did not immediately respond to a request for comment, while DoJ declined to comment. Federal prosecutors opened a fraud investigation, the report said, citing two people familiar with the matter, over Musk’s tweets in early August that he had secured funding for a buyout deal valued at $72 billion, before backing off. …read more […]
U.S. stocks rose on Tuesday, led by gains in Apple and Amazon, as investors judged the latest tit-for-tat tariffs between the United States and China as less damaging than expected.
Nestle , Unilever and Coca-Cola are among bidders for GlaxoSmithKline’s Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.
Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing two people familiar with the matter.
Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing sources.
Qualcomm Inc is preparing to add at least two new directors to its board, people familiar with the matter told Reuters, as the U.S. smartphone chip maker looks to appease shareholders who withheld voting support for its board last March.
The absence of a striking new feature left major tech blogs and newspapers lukewarm on the new XS range of Apple Inc’s iPhones in the first batch of reviews on Tuesday, although most praised the improvements to a wide range of standard features.
Global equity markets gained on Tuesday as the latest tit-for-tat U.S.-Chinese trade dispute was seen as barely denting world growth, while U.S. Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next.
Canadian Foreign Minister Chrystia Freeland will hold fresh talks on renewing NAFTA with U.S. Trade Representative Robert Lighthizer in Washington on Wednesday, a spokesman for Freeland said on Tuesday.
The new iPhones have subtle additions to last year’s reimagined iPhone X, the tenth anniversary phone, and do not look very different aside from the ginormous size, several reviewers said. The iPhone XS, pronounced “ten S,” and XS Max were launched on Sept. 12. The XS has a 5.8-inch screen, and starts at $999 while the XS Max, the largest iPhone to date has a 6.5-inch screen, with a base price of $1,099. …read more […]
U.S. stocks rose on Tuesday led by the technology and consumer sectors, as investors judged the latest exchange of blows in a trade war with China less damaging than first feared.
EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday.
U.S. stocks opened slightly higher on Tuesday, buoyed by a rise in oil prices and concessions that analysts said made the latest round of trade tariffs on China less damaging than initially feared.
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