July 20, 2018

S&P flat as gains in Microsoft offset tariff fears

The S&P 500 was trading flat on Friday as Microsoft’s robust results helped offset escalating tariff worries after President Donald Trump said he was ready to […]
July 20, 2018

GE CEO says China tariffs could cost conglomerate up to $400 million

General Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its costs by $300 million to $400 […]
July 20, 2018

Japan’s Abe says Japanese auto imports are no threat to U.S. national security

Japan’s Prime Minister Shinzo Abe said on Friday imports of Japanese automobiles pose no threat to U.S. national security, vowing to convince President Donald Trump not […]
July 20, 2018

Honeywell profit beats on higher demand for aircraft parts

Honeywell on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company […]
July 20, 2018

Stock futures turn lower as Trump comments fan trade war fears

U.S. stock index futures fell on Friday after President Donald Trump toughened his stance against China and said he was ready to impose levies on $500 […]
July 20, 2018

Trump threatens tariffs on $500 billion of Chinese imports: CNBC

U.S. President Donald Trump said he was ready to impose tariffs on an additional $500 billion of imports from China, threatening to escalate the current trade […]
July 20, 2018

Luxembourg police deploy Tesla cars to help nab criminals

Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help them nab more criminals and speed […]
July 20, 2018

White House adviser: China offering ‘no options’ on trade: Axios

White House economic adviser Larry Kudlow blamed Chinese President Xi Jinping for a lack of progress over U.S-China trade talks, and warned that U.S. President Donald […]
July 20, 2018

GE quarterly profit drops 28 percent; cash flow target trimmed

U.S. industrial conglomerate General Electric Co reported a 28 percent drop in quarterly profit on Friday, as weakness in power and renewables energy offset gains in […]
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