Netflix communication head quits over ‘insensitive’ comment
(Reuters) – Netflix Inc Chief Communications Officer Jonathan Friedland is leaving the video streaming company, a company spokesperson said on Friday without giving more details.
Trump greets EU trade reprisals with threat of steep auto tariff
WASHINGTON (Reuters) – President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.
Dow snaps losing streak on energy lift
NEW YORK (Reuters) – The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a boost from energy stocks, but losses in the technology space kept the Nasdaq in check.
Harley says EU duties could prompt price hikes
FRANKFURT (Reuters) – Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business s…
China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official…
Bitcoin falls to four-month low in persistent bearish trend
NEW YORK (Reuters) – Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan’s financial regulator ordering six digital currency exchanges to make improvements on their anti-money laun…
Shares in Russia’s Sistema drop 9 percent on U.S. sanctions fears
MOSCOW (Reuters) – Shares in Russian business conglomerate Sistema fell 8.7 percent in Moscow trade on Friday, after two U.S. lawmakers called for an investigation into whether the group’s owner should be subject to sanctions.
VW may seek damages from ex-CEO Winterkorn over dieselgate
FRANKFURT (Reuters) – Volkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member Stephan Weil told a newspape…
Big Oil eyes U.S. minority groups to build offshore drilling support
WASHINGTON (Reuters) – The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration’s proposed expansion of offshore drilling, arguing it would create high paying jobs, including for…
Uber car’s ‘safety’ driver streamed TV show before fatal crash: police
SAN FRANCISCO/WASHINGTON (Reuters) – The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March…
