Business & Finance News
Beijing has officially invited U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, and their teams for further trade talks in China, a CNN reporter said in a tweet https://twitter.com/CristinaAlesci/status/1182700642416152583?s=20 on Friday.
The U.S. Federal Aviation Administration had insufficient personnel to oversee the certification of new Boeing airplanes and should make significant reforms in how it approves new airplanes, an international aviation panel said Friday.
Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it has “transitioned ownership and is continuing regular operations.”
WeWork said on Friday it will shut down its WeGrow private school in New York City after the current school year, as the company focuses on its main office-sharing business.
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.
Global stocks and the euro rallied on Friday on signs of a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit from the European Union.
Oil prices rose about 2% on Friday after Iranian media said a state-owned oil tanker had been attacked in the Red Sea near Saudi Arabia, pushing Brent crude above $60 a barrel for the first time this month.
General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike, angering the union with which it is negotiating.
Chinese officials, led by Vice Premier Liu He, departed the U.S. Trade Representative’s office on Friday, signaling that two days of U.S.-China trade talks had concluded.
Britain’s financial services regulator is examining allegations of precious metals market manipulation by JPMorgan Chase & Co traders following criminal charges by U.S. authorities, according to two people familiar with the matter.
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
A pair of wildfires has destroyed dozens of homes near Los Angeles, killed a man and forced some 100,000 residents to evacuate, fire officials said on Friday, days after power cuts were ordered across the state to prevent fires.
U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day, while Beijing indicated it was open to a “partial” deal that would avoid a planned hike in tariffs on its goods this month.
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike.
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