U.S. says China reneged on trade commitments, talks continue
China had backtracked on commitments in trade talks, prompting U.S. President Donald Trump to threaten additional tariffs over the weekend, but Washington would be willing to keep talking if the Chinese changed position, top U.S. trade officials said o…
Trump tariff hike leaves U.S.-China trade deal in limbo as markets fall
U.S. President Donald Trump’s threat to increase tariffs on Chinese goods left prospects for a deal to end a trade war between the world’s two largest economies in limbo on Monday, casting uncertainty on plans for more talks this week.
Occidental investor set to vote against board due to Anadarko bid
T. Rowe Price Group Inc said on Monday it intends to vote against the Occidental Petroleum Corp board of directors because the company will not allow shareholders to vote on its bid for Anadarko Petroleum Corp, which T. Rowe Price and other shareholder…
AIG profit beats on strong underwriting, lower costs; shares up 6 percent
Insurer American International Group Inc reported first-quarter earnings that trounced Wall Street estimates on Monday, as its general insurance business posted its first underwriting profit since the financial crisis.
Wall St. ends lower as investors weigh Trump’s China tariff threat
U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement.
Global stocks, yields ease losses on skepticism of Trump’s China threats
Wall Street’s indexes and bond yields ended down but well above their session lows while oil futures settled higher as investors bet that U.S. President Donald Trump’s threats to raise tariffs on China would not materialize.
Factbox: Winners and losers in Trump’s trade war with China
U.S. companies in everything from computer chips to tractors have said President Donald Trump’s trade wars, including disputes with Beijing and global steel tariffs, have had an impact on them.
Wall Street falls, but ends above lows, after Trump trade threats
U.S. stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement.
Exclusive: Hedge funds target Centene, may oppose WellCare deal – sources
Hedge funds Corvex Management LP and Sachem Head Capital Management LP have built stakes in U.S. health insurer Centene Corp and are exploring challenging its planned $17.3 billion acquisition of WellCare Health Plans Inc, people familiar with the matt…
U.S. lawmakers criticize potential Facebook settlement with FTC
Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers’ personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally …