Business & Finance News
WASHINGTON (Reuters) – President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.
NEW YORK (Reuters) – The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a boost from energy stocks, but losses in the technology space kept the Nasdaq in check.
NEW YORK (Reuters) – Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan’s financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems.
(Reuters) – China’s ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
FRANKFURT (Reuters) – Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said.
NEW YORK (Reuters) – The S&P 500 and Dow Jones Industrial Average advanced on Friday, with the Dow poised to end an eight-day losing streak, as a jump in oil prices lifted energy stocks, but losses in technology stocks kept the Nasdaq in check.
MOSCOW (Reuters) – Shares in Russian business conglomerate Sistema fell 8.7 percent in Moscow trade on Friday, after two U.S. lawmakers called for an investigation into whether the group’s owner should be subject to sanctions.
WASHINGTON (Reuters) – The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration’s proposed expansion of offshore drilling, arguing it would create high paying jobs, including for storm-displaced Puerto Ricans.
(Reuters) – U.S. stocks rose on Friday with the Dow Jones Industrial Average looking to snap its 8-day losing streak, powered by a surge in oil prices, but losses in technology stocks curbed some gains.
SAN FRANCISCO/WASHINGTON (Reuters) – The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident “entirely avoidable.”
NEW YORK (Reuters) – The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week.
FRANKFURT (Reuters) – Harley-Davidson Inc expects to have to raise prices in Europe this autumn, when new motorcycle models are due to hit dealers’ showrooms, due to EU tariffs on U.S. goods, the head of its central European business said.
WASHINGTON (Reuters) – President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat.
(Reuters) – A machine used for paper recycling caught fire Thursday night at Tesla Inc’s Fremont, California, campus, outside the company’s car production factory, but manufacturing was not affected, the company said.
GENEVA (Reuters) – The United States ramped up its challenge to the global trading system on Friday, telling the World Trade Organization that appeals rulings in trade disputes could be vetoed if they took longer than the allowed 90 days.
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