Business & Finance News
(Reuters) – The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc’s patents, a move that could lead to blocking the import of some iPhones.
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday.
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
NEW YORK (Reuters) – Wall Street stocks ended lower on Friday, capping a day of heavy trading with investors mostly pulling back from initial concerns over an escalating trade dispute between the United States and China.
OTTAWA (Reuters) – Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President Donald Trump, an Ipsos Poll showed on Friday.
(Reuters) – Blood testing company Theranos Inc said on Friday its founder, Elizabeth Holmes, would step down as chief executive officer, amid fraud charges leveled against the privately held firm.
(Reuters) – AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $21 billion to $22 billion in the combined company.
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
NEW YORK (Reuters) – Oil prices fell more than $2 a barrel Friday after two of the world’s biggest producers indicated they might increase output at next week’s OPEC meeting, while U.S. exports were threatened by potential Chinese tariffs on crude oil and refined products.
NEW YORK (Reuters) – U.S. stocks ended down on Friday on worries over an escalating trade dispute between the United States and China, but indexes closed well off the day’s lows.
(Reuters) – Wall Street stocks were down marginally on Friday after the United States announced hefty tariffs on Chinese imports and China vowed to respond in kind, stoking investor worries over an escalating tit-for-tat trade dispute.
WASHINGTON (Reuters) – U.S. President Donald Trump’s new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for a $19 trillion economy that is experiencing its second longest economic expansion on record.
(Reuters) – U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, prompting Beijing to warn of retaliation and reigniting fears of a trade war between the world’s two largest economies.
(Reuters) – Shares in U.S. industrial and materials companies were under pressure on Friday on escalating trade tensions between the United States and China after President Donald Trump announced tariffs on China, which said it would fight back.
WASHINGTON (Reuters) – Wireless companies Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen by Reuters.
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