WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the U.S. government was completing a study about increasing import tariffs on cars from the European Union and suggested it would take action soon.
Lennar Corp on Tuesday reported a better-than-expected quarterly profit as housing demand got a boost from a strengthening economy and job growth. The U.S. homebuilder’s shares rose 9 percent in premarket trading. Shares of rivals D.R. Horton Inc and PulteGroup Inc were also up 3 percent to 4 percent. …read more […]
WASHINGTON (Reuters) – U.S. President Donald Trump accused motorcycle maker Harley-Davidson Inc on Tuesday of using trade tensions over tariffs as an excuse to move production for European customers overseas.
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc has hired Lee Enterprises Inc to manage its newspaper and digital operations in 30 markets, hoping to boost readership and draw more advertisers as print circulation declines.
(Reuters) – U.S. stock index futures were largely flat on Tuesday, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade spat between the United States and other major economies.
General Electric shed more of its major assets, announcing plans to cast away its health care business and sell its interests in the oil-services company, Baker Hughes. The company’s latest round of winnowing arrived Tuesday, the first time since 1907 that General Electric Co. will not be a member of the exclusive Dow Jones industrial average at the opening bell. The company says it’s reducing its debt by $25 billion and removing additional risk as it reimagines itself as something very different from the multinational conglomerate it was before the Great Recession. …read more […]
MUNICH (Reuters) – Former Audi executive Wolfgang Hatz will be released from custody on bail of 3 million euros ($3.5 million), a spokesman for the Munich public prosecutors office said.
WASHINGTON (Reuters) – U.S. President Donald Trump accused motorcycle maker Harley-Davidson Inc on Tuesday of using the trade war as an excuse to move production for European customers overseas.
The PHP project will provide Kinder Morgan (KMI) a channel to transport higher natural gas production from the Permian Basin to emerging market areas along the Texas Gulf Coast. …read more […]
CHICAGO/NEW YORK (Reuters) – With its lonely hallways, half-shut food court and out-of-order restrooms, the River Oaks Center mall in suburban Chicago seems like an unlikely place to make money.
LONDON (Reuters) – Oil prices steadied on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and escalating trade conflicts between the United States and other major economies.
NEW YORK (Reuters) – General Electric Co said on Tuesday it plans to spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewable energy.
(Reuters) – German carmaker Audi AG has partnered with autonomous vehicle simulation platform provider Cognata Ltd to speed up the development of autonomous vehicles, the Israel-based startup said on Tuesday.
TOKYO (Reuters) – Toyota Motor Corp has given the Corolla, one of the world’s best-selling cars, a major makeover and launched it in Japan on Tuesday in hopes that a sporty silhouette and new interactive functions will draw in younger buyers.
(Reuters) – General Electric Co on Tuesday said it plans to spin off its healthcare business and separate its oil services company Baker Hughes, as it looks to streamline operations and focus on aviation, power and renewable energy units.
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