July 26, 2019

Trump’s ambitious Fannie, Freddie overhaul faces hurdles

President Donald Trump’s administration faces a growing list of hurdles that could scuttle its ambitions to remove U.S. mortgage giants Fannie Mae and Freddie Mac from […]
July 26, 2019

Factbox: Fannie, Freddie and the government: it’s complicated

The Trump administration wants to take Fannie and Freddie out of government conservatorship, but doing so will be complicated due to the central role they play […]
July 26, 2019

U.S. to deny tariff relief for Apple Mac Pro parts from China: Trump

U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on its Chinese-made parts for its Mac Pro […]
July 26, 2019

U.S.-China tensions weigh on Huawei’s ties with partners FedEx, Flex

U.S. FedEx Corp on Friday again apologized and blamed Washington’s ban on Huawei for being “unclear” as Beijing deepened an investigation into why the delivery firm […]
July 26, 2019

U.S. Justice Department expected to approve Sprint, T-Mobile deal on Friday

The U.S. Justice Department is expected to announce on Friday it is approving the $26 billion merger of Sprint Corp and T-Mobile US Inc, according to […]
July 26, 2019

Wall Street nears record high on upbeat earnings, GDP data

U.S. stocks inched closer to record levels on Friday, boosted by robust earnings from Google-owner Alphabet and Intel, and data that showed the domestic economy slowed […]
July 26, 2019

Oil steadies as Gulf tensions offset U.S. economic data

Oil prices steadied on Friday and were on track for a weekly increase as geopolitical tensions in the Middle East and concerns over the safety of […]
July 26, 2019

McDonald’s beats sales forecast on new deals, store revamp

McDonald’s Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world’s largest burger chain’s attracted more diners with upgraded stores and new […]
July 26, 2019

Alphabet says to continue talks with DoJ in antitrust review

Alphabet Inc on Thursday acknowledged a broader U.S. Department of Justice antitrust review of large technology firms and said it will continue to engage with the […]
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