China says it welcomes delay on U.S. tariff increase
China said on Saturday that it welcomed the release of language from the United State Trade Representative’s office (USTR) delaying a scheduled hike in U.S. tariffs on $200 billion worth of Chinese goods.
U.S. safety agencies to investigate fatal Tesla crash in Florida
The National Highway Traffic Safety Administration (NHTSA) and the National Transportation Safety Board (NTSB) said they are sending teams to investigate a fatal crash in Florida on Friday involving a Tesla Inc car and a semi-trailer.
Tesla’s store-shuttering strategy may pull the rug out of solar
Tesla Inc’s sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a declining business it paid $2.6 billion for in a controversial 2016 deal.
U.S. says rejects WTO’s ‘straitjacket’ of trade obligations
The Trump administration filed another salvo at the World Trade Organization on Friday, saying U.S. trade policy was not going to be dictated by the international body and defending its use of tariffs to pressure China and other trade partners.
Mexico eyes fresh U.S. targets for tariffs to pressure Trump over steel
Mexico’s government on Friday threatened to slap duties on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs as it seeks to turn up pressure on Washington to exempt it from the measures.
Wall St. Week Ahead: U.S. stock reign may not last over other regions
U.S. stock prices are outpacing those in most other regions to start 2019, but the gap is narrow and some investors are eyeing potential catalysts to tip the scales to the rest of the world.
Trump asks China to lift tariffs on U.S. farm products
U.S. President Donald Trump said he had asked China to immediately remove all tariffs on U.S. agricultural products because trade talks were progressing well.
Blackstone CEO Schwarzman pockets at least $568 million in 2018: filing
Blackstone Group LP Chief Executive Stephen Schwarzman pocketed at least $567.8 million in 2018 dividends and compensation, making him yet again the private equity industry’s highest earner, a regulatory filing showed on Friday.
Trump says he’s asked China to lift tariffs on U.S. farm products
President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agricultural products because trade talks are progressing well and he did not impose 25 percent tariffs on Chinese goods on Friday as originally planned.
Cultural clash overshadowing Barrick’s Newmont bid
Conflicting cultures and management styles are overshadowing Barrick Gold Corp’s $18 billion bid for rival Newmont Mining Corp, becoming factors just as important to the deal’s success as whether or not the pair’s lucrative assets in Nevada and elsewhe…
