Amazon shareholders reject proposal to ban facial recognition sales to governments
Amazon.com Inc shareholders rejected proposals to curb and audit the company’s facial recognition service, a spokeswoman said on Wednesday.
U.S. Treasury’s Mnuchin: No discussion with White House on Trump’s taxes
U.S. Treasury Secretary Steven Mnuchin on Wednesday said he had not discussed releasing President Donald Trump’s tax returns with the White House, and disagreed with an IRS memo that reportedly concluded he should release them to Congress.
Gold miners must focus on returns, mergers to attract investment: Barrick CEO
Gold miners must focus on maximizing returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold’s chief executive said on Wednesday.
Lowe’s cuts 2019 profit forecast, blames higher costs, weak pricing
Lowe’s Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise prices in time to make up for higher costs, sending its shares down 9%.
Mnuchin says U.S. open to new China trade talks based on previous negotiations
U.S. Treasury Secretary Steven Mnuchin said the Trump administration is open to holding new talks with China if the two sides can proceed on the basis of previous negotiations.
Mnuchin says more U.S. tariffs on China at least a month away
The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
Wall St. slips as trade tensions mount; Fed minutes awaited
U.S. stocks dipped on Wednesday, as trade tensions were heightened on reports that Washington could impose sanctions on another Chinese company, while investors awaited the release of minutes from the Federal Reserve’s latest policy meeting.
Factbox: Greybull Capital faces more public ire after British Steel collapse
The collapse of British Steel has once again put private equity owner Greybull Capital in the spotlight for the wrong reasons.
Oil sheds more than $1/bbl as U.S. inventories grow, demand worries flare
Oil futures sank on Wednesday as an unexpected build in U.S. crude stockpiles compounded investor worries that a prolonged trade war between Washington and Beijing could dent crude demand.
Investors seek safety on threat of wider U.S.-China spat
Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff after reports the United States has another Chinese tech firm in its sights.
