• By Reuters   -   May 22, 2019

    TRADE TENSIONS PUSH DOWN WALL STREET

    U.S. stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company further...

    Technology, U.S., World, Economy, businessNews
  • By Reuters   -   May 22, 2019

    GE NEEDS TO END INFIGHTING, FIX QUALITY, TIGHTEN MANAGEMENT: CEO

    General Electric Co, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up...

    businessNews
  • By Reuters   -   May 22, 2019

    FED'S KAPLAN SAYS U.S. RATES ARE ON THE RIGHT SETTING: FOX

    The U.S. economy should grow at a solid 2.25-2.50% rate this year, with inflation moving up to the Federal Reserve's target, putting...

    U.S., Economy, businessNews
  • By Reuters   -   May 22, 2019

    QUALCOMM SHARES ROCKED BY ANTITRUST RULING

    Shares of Qualcomm had their worst day in two years after a federal judge ruled the wireless technology company used its dominance...

    Technology
  • By Reuters   -   May 22, 2019

    FED'S KAPLAN SAYS U.S. IS 'FLIRTING' WITH YIELD CURVE INVERSION

    U.S. bond markets are "flirting" with a yield curve inversion that could signal slower economic growth ahead, Dallas Federal Reserve...

    U.S., Market, businessNews
  • By Reuters   -   May 22, 2019

    FED'S PATIENCE ON INTEREST RATES TO LAST 'FOR SOME TIME'

    U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    BUDGET TALKS NOT AFFECTED BY TRUMP REFUSAL TO NEGOTIATE WITH CONGRESS: CNBC

    President Donald Trump's refusal to negotiate with Congress does not extend to his administration's effort to reach a deal on must-pass...

    Donald Trump, Congress, politicsNews
  • By Reuters   -   May 22, 2019

    U.S. CHARGES TRUMP FOE MICHAEL AVENATTI WITH FRAUD, EXTORTION

    Federal prosecutors on Wednesday announced new criminal charges against Michael Avenatti, escalating the legal troubles for the combative...

    U.S., Donald Trump, politicsNews
  • By Reuters   -   May 22, 2019

    T-MOBILE-SPRINT DEAL WOULD BOOST PRICES, HURT POOREST U.S. CONSUMERS, EXPERTS SAY

    Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Corp will likely lead to higher prices for the poorest...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    U.S. JUDGE APPOINTS KEN FEINBERG MEDIATOR IN MANDATED BAYER ROUNDUP SETTLEMENT TALKS

    A U.S. judge has appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    DAIMLER CEO ANNOUNCES SWEEPING COST REVIEW AS HE BOWS OUT

    Daimler's Chief Executive Dieter Zetsche announced a sweeping cost review on Wednesday, his last day in office, as he bid farewell...

    businessNews
  • By Reuters   -   May 22, 2019

    AMAZON SHAREHOLDERS REJECT FACIAL RECOGNITION BAN AS CONCERN GROWS IN U.S. CONGRESS

    Amazon.com Inc on Wednesday said shareholders rejected proposals to curb and audit its facial recognition service, just as members...

    Technology, U.S., Congress, businessNews
  • By Reuters   -   May 22, 2019

    CONSERVATIVE ECONOMIST SUGGESTS U.S. CENSUS ASK ABOUT CRIMINAL RECORDS

    The U.S. Census Bureau should ask about survey-takers' criminal records to help policymakers address weaknesses in the judicial system...

    U.S., politicsNews
  • By Reuters   -   May 22, 2019

    OIL DROPS MORE THAN 2% ON U.S. INVENTORIES BUILD, DEMAND WORRIES

    Oil futures tumbled more than 2% on Wednesday as an unexpected build in U.S. crude stockpiles compounded investor worries that a prolonged...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    NEXT ROUND OF U.S. TARIFFS ON CHINA AT LEAST A MONTH AWAY: MNUCHIN

    The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    UNITED CEO PROMISES TO RE-BOOK PASSENGERS CONCERNED ABOUT 737 MAX

    United Airlines Chief Executive Oscar Munoz promised on Wednesday to reaccommodate any passengers concerned about flying Boeing Co's...

    businessNews
  • By Reuters   -   May 22, 2019

    TESLA DROPS FOR SIXTH STRAIGHT SESSION, DOWN 20% SINCE SHARE OFFER

    Shares of Tesla fell for a sixth straight session on Wednesday after Citi cut its price target on the struggling electric car maker,...

    businessNews
  • By Reuters   -   May 22, 2019

    PHILIP GREEN'S ARCADIA TO CLOSE UK STORES, REVIEW U.S. IN RESTRUCTURING

    British retail tycoon Philip Green's Arcadia Group said on Wednesday it planned to close 23 of its 566 stores in the UK and Ireland...

    U.S., businessNews
  • By Reuters   -   May 22, 2019

    TRUMP ACCUSES DEMOCRATIC LEADERS OF 'TEARING THE UNITED STATES APART'

    U.S. President Donald Trump on Wednesday accused the top Democrats in Congress of "tearing the United States apart" by pursuing investigations...

    Donald Trump, Democrats, U.S., Congress, politicsNews
  • By Reuters   -   May 22, 2019

    TRUMP CUTS SHORT INFRASTRUCTURE MEETING, BLASTS PELOSI'S 'COVER-UP' ACCUSATION

    President Donald Trump on Wednesday abruptly cut off a meeting with U.S. congressional Democrats on infrastructure spending, then ripped...

    U.S., Donald Trump, Democrats, politicsNews