U.S., Chinese trade deputies face off in Washington amid deep differences
U.S. and Chinese deputy trade negotiators resumed face-to-face talks for the first time in nearly two months on Thursday, as the world’s two largest economies try to bridge deep policy differences and find a way out of their protracted trade war.
U.S. travel industry urges Washington to reauthorize tourism body Brand USA
Some 15 executives from companies associated with the tourism industry, such as American Express and Marriott , have urged the U.S. government to renew federal funding of Brand USA, which promotes the United States as a travel destination.
Toyota to expand plant in Brazil’s Sao Paulo state, joining Volkswagen, GM
Toyota Motor Corp on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswagen and General Motors in new investments in the region.
Tesla’s Model 3 earns insurance industry’s top safety rating
Tesla Inc’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so.
Asian shares turn lower on guarded Fed, yen rises after BOJ
Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings.
Trump and California go to war over clean cars
U.S. President Donald Trump and the state of California went to war on Wednesday over who should set the standards in the United States for vehicle emissions and electric cars, foreshadowing a legal battle over environmental policy issues that will aff…
Asian shares edge higher after Fed, investors await BOJ
Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping investors cautious.
Airbnb says second-quarter revenue topped $1 billion
Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, the home rentals company said in a statement on Wednesday.
Fed makes small changes to control policy rate, hints at more to come
The Federal Reserve on Wednesday made only minor changes to help it better manage its benchmark interest rate after the U.S. central bank briefly lost control of it earlier in the week.
Purdue Pharma seeks to halt opioid suits against company, Sacklers
OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel the U.S. opioid crisis, according to court document…
