August 4, 2018

State media says China’s response to latest U.S. tariffs restrained, rational

China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion in U.S. goods showed rational restraint, although in an opinion piece it still […]
August 4, 2018

Democratic candidates told not to use ZTE, Huawei devices: source

The Democratic National Committee warned party candidates running in November elections not to use devices made by Chinese telecommunications companies ZTE Corp and Huawei Technologies because […]
August 3, 2018

U.S. court allows release of bench transcripts in AT&T merger fight

An appeals court that is hearing the U.S. Justice Department’s fight with AT&T over its merger with Time Warner agreed on Friday to allow the release […]
August 3, 2018

Wells Fargo faces tax credit probes, new problems with mortgage borrowers

Wells Fargo & Co is facing government probes into its use of low-income housing tax credits, and has also set aside $8 million to compensate borrowers […]
August 3, 2018

Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and […]
August 3, 2018

Wall Street gains as upbeat earnings trump trade jitters

U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth. Powered by WPeMatico
August 3, 2018

Wells Fargo faces probes over low-income housing tax credits: filing

Multiple U.S. agencies are probing Wells Fargo & Co’s use of low-income housing tax credits, the bank said in a regulatory filing on Friday. Powered by […]
August 3, 2018

Dish results beat estimates, shares jump 14.5 percent

Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on […]
August 3, 2018

Race is on for second place after Apple’s $1 trillion valuation

Amazon , Microsoft and Alphabet are locked in a tight race to become the second publicly-listed U.S. company to reach a $1 trillion stock market value […]
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