March 1, 2019

U.S. companies adapt to ‘endless’ China tariffs

U.S. manufacturers are accelerating their shift out of China, coming to terms with a new reality: the Trump administration’s tariffs will not go away any time […]
March 1, 2019

U.S. Trade Representative issues notice on delay of China tariff increase

The United States Trade Representative’s office (USTR) has released language to delay a scheduled hike in tariffs on $200 billion worth of Chinese goods, due to […]
March 1, 2019

Wall Street rises as trade optimism counters weak data

The S&P 500 and the Dow Jones Industrial Average snapped a three-day run of losses on Friday as optimism about the prospects for a U.S.-China trade […]
March 1, 2019

Lyft’s IPO filing shows surging revenue, widening losses

Lyft Inc inched closer to becoming the first ride-hailing company to make a stock market debut by releasing its filing for an initial public offering on […]
March 1, 2019

Wells Fargo officials enter $240 million settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized […]
March 1, 2019

Tesla settles in cash $920 million convertible bond obligation

Tesla Inc has paid off a $920 million convertible bond obligation in cash, a company spokesperson said on Friday. Powered by WPeMatico
March 1, 2019

U.S. auto sales fall in February on weak SUV demand

Automakers on Friday reported a decline in U.S. light vehicle sales for February as demand for SUVs slows after years of rapid growth, pointing to a […]
March 1, 2019

Shares rise on trade optimism, tame inflation

World equity markets rose on Friday to end an otherwise slow week on optimism around trade and benign U.S. inflation, while crude oil retreated on news […]
March 1, 2019

Canada approves extradition proceedings against Huawei executive

The Canadian government cleared the way on Friday for extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, who faces charges in the […]
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