Business & Finance News
Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman.
Top NAFTA negotiators from Canada and the United States worked late into the night Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon.
Canada’s foreign minister Chrystia Freeland said on Thursday that talks between Canadian and U.S. officials over the renegotiation of the North American Free Trade Agreement (NAFTA) would resume on Friday.
Asian shares came under renewed pressure on Friday after reports U.S. President Donald Trump was preparing to step up a trade war with Beijing and ready to impose more tariffs on Chinese imports.
Funds run by BlackRock Inc voted over Tesla Inc’s objections in favor of a shareholder proposal in June that would have required the electric carmaker to replace Elon Musk with an independent board chairman if the motion had not been defeated, a regulatory filing showed on Thursday.
U.S. trade officials are pressing Mexico and possibly Canada to accept a quota plan to replace national security tariffs currently in place on imports of steel and aluminum, people briefed on the negotiations said on Thursday.
Funds run by BlackRock Inc and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc despite the company’s rare rejection of talks with the world’s top asset managers, disclosures to regulators on Thursday showed.
Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon.
Boeing Co has been awarded a $805 million contract for design, delivery and support of four unmanned drones based on aircraft carriers that will be used to refuel aircraft for the U.S. Navy, the Pentagon said in a statement on Thursday.
Talks between Canada and the United States intensified on Thursday as the two countries pushed for a deal on a revamped North American Free Trade Agreement by a Friday deadline, with both sides upbeat about the progress made.
Boeing Co has been awarded a $805 million contract for design, delivery and support of four MQ-25A unmanned air vehicles for the U.S. Navy, the Pentagon said in a statement on Thursday.
With Tesla Inc’s shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc , according to data from financial technology and analytics firm S3 Partners.
The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries’ currencies tumbling.
U.S. stocks ended their four-day winning streak on Thursday as risk reduction ahead of the long holiday weekend accelerated on growing trade anxieties.
U.S. stocks ended their four-day winning streak on Thursday as trade anxieties resurfaced and investors sold risk ahead of the long Labor Day holiday weekend.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
