Wall Street opens higher helped by tech stocks
(Reuters) – U.S. stocks opened higher on Tuesday, with tech stocks leading a turnaround, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade dispute between the United States and other major economies.
U.S. June auto sales seen up 2.5 percent: J.D. Power and LMC
DETROIT (Reuters) – U.S. auto sales in June likely rose 2.5 percent from the same month in 2017 as consumers continued to prefer expensive pickup trucks, SUVs and crossovers over passenger cars although discounts on new vehicles remain high, industry c…
Blackstone launches $5.5 billion F&R bridge loan
LONDON (LPC) – Blackstone has launched a $5.5 billion bridge loan to support the pending bond issuance for its acquisition of a majority stake in Thomson Reuters’ Financial and Risk division (F&R), which is expected to complete later this year.
Trump says finishing U.S. study on tariffs on cars from EU
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.
Trump says finishing U.S. study on tariffs on cars from EU: Twitter
WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday the U.S. government was completing a study about increasing import tariffs on cars from the European Union and suggested it would take action soon.
Trump says Harley-Davidson is using trade tensions as excuse to move
WASHINGTON (Reuters) – U.S. President Donald Trump accused motorcycle maker Harley-Davidson Inc on Tuesday of using trade tensions over tariffs as an excuse to move production for European customers overseas.
Buffett taps Lee Enterprises to manage many Berkshire newspapers
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Tuesday said it hired Lee Enterprises Inc to manage its newspaper and digital operations in 30 markets, hoping to boost readership and draw more advertisers as print circulation declines.
Stock futures ease after trade worries spark sell-off
(Reuters) – U.S. stock index futures were largely flat on Tuesday, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade spat between the United States and other major economies.
Former Audi executive Hatz to be released from custody: prosecutor
MUNICH (Reuters) – Former Audi executive Wolfgang Hatz will be released from custody on bail of 3 million euros ($3.5 million), a spokesman for the Munich public prosecutors office said.
Trump says Harley-Davidson using trade war as excuse to move
WASHINGTON (Reuters) – U.S. President Donald Trump accused motorcycle maker Harley-Davidson Inc on Tuesday of using the trade war as an excuse to move production for European customers overseas.
