Trump readies more China tariffs as make-or-break trade talks start
U.S. President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials began last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.
China Vice Premier says hopes to engage in rational, candid talks with U.S.: Xinhua
China’s Vice Premier Liu He said he hopes to engage in a rational and candid exchange with the U.S. after arriving in Washington for a new round of trade talks, and raising tariffs is not the solution, China’s official Xinhua news agency reported.
U.S. Customs agency issues tariff increase notice, allows grace period
U.S. Customs and Border Protection said on Thursday it would begin collecting a 25 percent tariff on a $200 billion category of Chinese imports at 12:01 a.m. EDT (0401 GMT) on Friday, the final step toward activation of President Donald Trump’s planned…
Billionaire Bezos unveils moon lander mockup, touts Blue Origin’s lunar goals
Billionaire entrepreneur Jeff Bezos, founder of rocket company Blue Origin, unveiled on Thursday a mockup of a lunar lander spacecraft and discussed missions to the moon in a strategy tailored to the U.S. government’s renewed push to establish a lunar …
Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh
Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc.
News Corp posts surprise profit as HarperCollins profits grow
Wall Street Journal-owner News Corp reported a surprise quarterly profit on Thursday, driven by strong growth in earnings at its book publishing and subscription video services units.
U.S. Customs agency allows grace period for goods subject to China tariff hike
U.S. President Donald Trump’s tariff increase to 25 percent from 10 percent on $200 billion of Chinese goods will not apply to U.S.-bound cargoes that leave China before 12:01 a.m. on Friday, U.S. Customs and Border Protection said on Thursday.
GE’s rising bonds offer another endorsement of CEO Culp
General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a 2018 pay package worth $15 million.
Uber set to price blockbuster IPO at low end of target range: source
Uber Technologies Inc is set to price its initial public offering on Thursday at the low end of its targeted range, a person familiar with the matter said, as the company adopts a risk-averse stance toward the most high-profile U.S. listing since Faceb…
Wall St. dips as investors await outcome of U.S.-China trade talks
Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible.
