Trump ‘not interested’ in reopening U.S.-China trade deal after report of Beijing discontent
U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.
United to notify flyers about full flights after social media backlash
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be “closer to full capacity,” allowing them to re-book on a different flight or receive a travel credit.
Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode
Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.
Tesla’s Musk says ready for arrest as he reopens California plant against local order
Tesla Inc Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying an order to stay closed and saying if anyone had to be arrested it should be him.
Potbelly settlement with activists includes twist: stock, not cash, for outlays
Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders’ expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times.
Bitcoin undergoes third ‘halving’, falls vs U.S. dollar
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.
Trump says not in favor of reopening China trade deal
President Donald Trump on Monday said he is not in favor of the United States reopening negotiations with China on Phase 1 of a trade deal, which the two countries agreed on at the beginning of the year.
Tencent Music misses first-quarter revenue estimates, shares fall
China’s Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday as the COVID-19 pandemic impacted the company’s social entertainment services business, sending its shares down 4.5% in extended trade.
Oklahoma regulators take no action after oil output hearing
Oklahoma’s energy regulators on Monday took no action on applications from oil and gas producers seeking to win state-support for measures they said would help stabilize oil prices.
Global equities markets waver, bonds dip on fears of second wave of infections
Global equities wavered on Monday as investors weighed a jump in coronavirus cases in South Korea and Germany against signs that more parts of the U.S. economy could soon emerge from economic lockdown. Safe havens such as U.S. Treasuries edged higher i…
