June 26, 2019

Trump says trade deal ‘possible’ with China’s Xi, tariffs could be lower

U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose […]
June 26, 2019

S&P 500 dips as healthcare declines counter tech gains

The S&P 500 ended lower on Wednesday as gains in technology stocks were offset by a drop in healthcare shares, and investors parsed mixed messages over […]
June 26, 2019

Dollar gains on lower rate cut expectations, stocks flat

The dollar edged higher and European shares fell on Wednesday as traders curbed expectations of an aggressive U.S. interest rate cut in July, while Wall Street […]
June 26, 2019

Huawei Technologies loses trade secrets case against U.S. chip designer

A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies. Powered by WPeMatico
June 26, 2019

Exclusive: FAA says it identifies new potential risk on 737 MAX

The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return […]
June 26, 2019

Oil prices rise more than 2% as U.S. crude, products stockpiles fall

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown […]
June 26, 2019

Tesla’s senior production executive at Fremont facility quits: source

Tesla Inc’s vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with the […]
June 26, 2019

Tech boost, trade optimism lead Wall Street higher

Wall Street rose on Wednesday, as technology shares gained on the back of Micron’s upbeat results, while comments from Treasury Secretary Steven Mnuchin fueled hopes that […]
June 26, 2019

Global chipmakers rally on Micron’s upbeat results, Huawei shipments

Shares of chipmakers rose on Wednesday after Micron Technology Inc forecast a recovery in chip demand in the second half of the year, easing concerns that […]
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