German carmakers join American farmers on front line of U.S.-China trade war
WASHINGTON/FRANKFURT/BEIJING (Reuters) – An increasingly shrill exchange of words between the United States and China that is threatening to trigger a global trade war has claimed another victim – Germany’s auto sector.
Largest U.S. banks clear first hurdle in Fed’s toughest annual stress tests
WASHINGTON (Reuters) – The 35 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thurs…
PayPal to acquire fraud prevention company Simility for $120 million
(Reuters) – PayPal Holdings Inc has agreed to acquire fraud prevention technology company Simility for $120 million in cash, it said on Thursday.
Dow drops eighth straight session on trade worry; Amazon slips
NEW YORK (Reuters) – U.S. stocks fell on Thursday, with the Dow slumping for an eighth straight decline as industrials wobbled again on trade war concerns while Amazon and other online retailers weakened after a U.S. Supreme Court ruling on state sales…
Supreme Court lets states force online retailers to collect sales tax
WASHINGTON (Reuters) – States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-a…
Intel CEO resigns after probe of relationship with employee
(Reuters) – Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy.
Wall Street falls as drops in Amazon, Intel add to trade jitters
(Reuters) – U.S. stocks slipped on Thursday as oil prices slid, industrials dropped on worries over U.S.-China trade spat and Amazon led a decline in online retailers after the Supreme Court let states force the companies to collect sales tax.
Wall Street lower as drops in Amazon, Intel add to trade worries
(Reuters) – U.S. stocks fell on Thursday as oil prices slid, industrials dropped on worries over U.S.-China trade spat and Amazon led a decline in online retailers after the Supreme Court let states force the companies to collect sales tax.
Exclusive: Canada could make it harder for U.S. to win fighter bid – sources
OTTAWA (Reuters) – Canada is discussing changes to a multibillion-dollar fighter jet procurement process that could make it harder for a U.S. company to win the order as trade relations between the neighbors sour, two sources with direct knowledge of t…
U.S. labor market tightening; mid-Atlantic manufacturing cools
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening of labor market conditions.
