November 27, 2018

Fed official frets over risks to Apple Pay, other mobile payments

Mobile payment services such as Apple Pay could run into reimbursement problems in some instances, and fintech firms in general must be more sensitive to risks, […]
November 27, 2018

White House adviser says Trump may announce GM shutdown consequences

White House economic adviser Larry Kudlow on Tuesday indicated President Donald Trump may announce specific ramifications for General Motors Co’s plans to cut thousands of jobs […]
November 27, 2018

Trump threatens to cut GM subsidies in retaliation for U.S. job cuts

U.S. President Donald Trump threatened on Tuesday to cut subsidies for General Motors Co after the largest U.S. automaker said it would halt production at five […]
November 27, 2018

Oil prices edge lower ahead of G20, OPEC meetings

Oil prices dipped on Tuesday, weighed down by uncertainty over the U.S.-China trade war and signs of increased global crude production, but losses were limited by […]
November 27, 2018

Former Facebook worker says firm not doing enough to deal with racial discrimination

A former Facebook Inc employee who worked closely with racial minority groups said in a blog post https://www.facebook.com/notes/mark-s-luckie/facebook-is-failing-its-black-employees-and-its-black-users/1931075116975013 on Tuesday that he left this month over […]
November 27, 2018

Wall Street turns positive on White House adviser’s trade comments

U.S. stocks made small gains on Tuesday after White House economic adviser Larry Kudlow said a meeting between President Donald Trump and his Chinese counterpart on […]
November 27, 2018

Stocks modestly higher on China trade-deal hopes; dollar rises

Stocks on Wall Street eked out modest gains on Tuesday as traders remained hopeful that the United States and China can work toward resolving their trade-related […]
November 27, 2018

White House ‘disappointed’ in China trade response before Trump-Xi meeting

U.S. President Donald Trump is open to a trade deal with China but is prepared to hike tariffs on Chinese imports if there is no breakthrough […]
November 27, 2018

Opening on Thanksgiving hurts retailers more than it helps

As store sales fall and purchases shift online over the Thanksgiving weekend, many U.S. retailers still open their doors on Thanksgiving itself, Thursday evening – to […]
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