September 7, 2018

Reports that Musk security clearance under review are inaccurate: U.S. Air Force

Media reports that the U.S. Air Force is reviewing the security clearance of Elon Musk, the chief executive of automaker Tesla Inc are inaccurate, U.S. Air […]
September 7, 2018

Alibaba co-founder Jack Ma to retire: New York Times

Billionaire Jack Ma, Alibaba Group Holding Ltd’s co-founder and executive chairman, is retiring from the company, the New York Times reported on Friday. Powered by WPeMatico
September 7, 2018

Wall Street drops on tariff worries, with Apple in crosshairs

Wall Street’s major indexes fell on Friday as U.S. President Donald Trump raised the possibility of additional tariffs on Chinese imports and Apple Inc indicated that […]
September 7, 2018

Proxy adviser ISS backs call for safety report at Smith & Wesson parent

Proxy adviser Institutional Shareholder Services on Friday recommended that investors vote in favor of a shareholder proposal at American Outdoor Brands Corp, parent of gun maker […]
September 7, 2018

Apple says proposed U.S. tariffs may hit Watch, does not name iPhone

A “wide range” of Apple Inc products including its Watch likely would be hit by proposed U.S. tariffs, the company told U.S. trade officials, but it […]
September 7, 2018

Fed’s Kaplan sees 2019 as decision time on rate hike path

The Federal Reserve should keep raising U.S. interest rates until mid-2019, and only then needs to take a decision on when it ought to stop, Dallas […]
September 7, 2018

World stock markets fall on trade fears and rate hike worries

World share indexes registered their biggest weekly declines in almost six months in a volatile session on Friday as investors weighed solid U.S. economic data against […]
September 7, 2018

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition to fuel growth, its chief […]
September 7, 2018

Trump ups ante on China, threatens duties on nearly all its imports

U.S. President Donald Trump warned on Friday that he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on […]
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