State media says China’s response to latest U.S. tariffs restrained, rational
China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion in U.S. goods showed rational restraint, although in an opinion piece it still admonished the United States for blackmail and bullyboy tactics.
Democratic candidates told not to use ZTE, Huawei devices: source
The Democratic National Committee warned party candidates running in November elections not to use devices made by Chinese telecommunications companies ZTE Corp and Huawei Technologies because they pose a security risk, a Democratic source said on Frid…
U.S. court allows release of bench transcripts in AT&T merger fight
An appeals court that is hearing the U.S. Justice Department’s fight with AT&T over its merger with Time Warner agreed on Friday to allow the release of transcripts of bench conferences that the public was unable to listen in on during the trial in a lower court.
Wells Fargo faces tax credit probes, new problems with mortgage borrowers
Wells Fargo & Co is facing government probes into its use of low-income housing tax credits, and has also set aside $8 million to compensate borrowers who were incorrectly denied mortgage modifications under a federal assistance program, the bank said in a regulatory filing on Friday.
Wall Street gains as upbeat earnings trump trade jitters
U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.
China tariffs on LNG, oil aim at U.S. energy dominance agenda
China’s proposed tariffs on U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess.
Upbeat earnings lift stocks as trade fears cap gains and pressure dollar
Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with weaker-than-expected U.S. jobs numbers capped gains and weighed on the…
Dish results beat estimates, shares jump 14.5 percent
Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network.
Wall Street ends higher as strong earnings offset trade fears
U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.
Strong earnings lift stocks but trade fears cap gains and pressure dollar
Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with tepid U.S. jobs numbers capped gains and weighed on the dollar.
