U.S. Commerce Department to announce section 232 tariff changes
WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross will hold a news briefing at 9 a.m. (1300 GMT) to announce “Section 232” national security-related tariff modifications, the U.S. Commerce Department said in a statement on Thursday.
SoftBank investment in GM Cruise could speed self-driving cars
(Reuters) – In a landmark deal that could accelerate wide-scale deployment of self-driving cars, General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion in GM Cruise Holdings LLC, the carmaker’s autonomous vehicl…
Stock futures flat as trade concerns temper Italy optimism
(Reuters) – U.S. stock index futures were trading flat on Thursday as optimism over Italy trying to avoid a snap election was hampered by worries of a looming trade war with the European Union.
GM’s autonomous vehicle unit gets $2.25 billion funding from SoftBank
(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.
The rise of the apprentice: a European tradition comes to the U.S
NEW YORK (Reuters) – The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television reality show and its former host who now lives…
U.S. to impose tariffs on EU steel, aluminum: sources
WASHINGTON/PARIS (Reuters) – Washington will announce plans to impose tariffs on EU steel and aluminum imports, two sources said, while a magazine reported U.S. President Donald Trump was now focused on pushing German cars from the country.
Exclusive: Russia’s Deripaska empire bets on mid-summer plan to escape U.S. sanctions
LONDON (Reuters) – The aluminium empire of Russian magnate Oleg Deripaska is in close contact with the U.S. Treasury, but needs until mid-summer to come up with a plan to meet U.S. requirements to escape sanctions, the chairman of its holding company t…
Workers to vote on ‘micro union’ at Boeing South Carolina plant
NORTH CHARLESTON, S.C. (Reuters) – A small group of workers at Boeing Co’s South Carolina jetliner factory is voting on Thursday on whether to form a “micro union,” despite efforts by Boeing to challenge the election.
German carmakers hit by report Trump threatens to drive them off U.S. streets
BERLIN/FRANKFURT (Reuters) – A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.
No signs of de-escalation in trade dispute with U.S.: Germany’s Scholz
BERLIN (Reuters) – There are no signs of a de-escalation in the trade dispute between Europe and the United States, German Finance Minister Olaf Scholz said in a Reuters interview published on Thursday, adding the EU’s response to any U.S. tariffs must…
