Factbox: What’s in the U.S.-China ‘phase one’ trade deal
The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about…
Bristol-Myers wins $752 million in U.S. patent case against Gilead
Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer.
Google, Apple asked if apps like TikTok must disclose foreign ties
The chair of a U.S. congressional panel wrote to Alphabet’s Google and to Apple on Friday to ask what if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chinese investment in popular apps su…
U.S. agriculture wary of Trump’s China sales pledge, more meat a must
U.S. farmers and traders were reluctant to celebrate news of an interim U.S.-China trade deal on Friday, saying it remained unclear how China would manage to buy another $32 billion of additional farm products over two years as promised.
Factbox: A lot of soy, a little rice – China’s historical U.S. agricultural purchases
The U.S. government said on Friday China would buy an additional $32 billion in U.S. farm goods over the next two years as part of an initial trade deal.
Exclusive: Hudson’s Bay Co’s take-private deal falls short in shareholder vote – sources
Saks Fifth Avenue owner Hudson’s Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.
Boeing bows out of multibillion-dollar Minuteman missile replacement competition
Boeing Co has decided not to compete as a prime contractor to replace the Pentagon’s aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars.
Wall Street steady as U.S., China announce trade deal
The S&P 500 and the Dow industrials ended little changed on Friday, hitting record highs in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.
U.S. agency probes 12th Tesla crash tied to possible Autopilot use
The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle’s advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut on Saturday.
Exclusive: Hudson’s Bay’s take-private deal falls short in shareholder vote – sources
Saks Fifth Avenue owner Hudson’s Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.
