Wall St. slips on U.S.-China trade talk uncertainty; energy falls
NEW YORK (Reuters) – U.S. stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares.
Facebook face-off: EU gets little news from Zuckerberg
BRUSSELS (Reuters) – Facebook CEO Mark Zuckerberg sailed through a grilling from EU lawmakers about the social network’s data policies as lengthy questions left the 34-year-old American little time to answer.
Trump floats management changes instead of sanctions for China’s ZTE
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.
Wall St. slips as trade talk comments digested; energy falls
NEW YORK (Reuters) – U.S. stocks mostly dipped on Tuesday as investors weighed comments on trade talks between the United States and China and as energy and industrial shares fell.
Canada says top NAFTA officials in constant contact on trade talks
OTTAWA (Reuters) – Top U.S., Canadian and Mexican officials are in constant contact about slow-moving talks to revitalize NAFTA and are ready to meet at any time to push the process forwards, Canada’s foreign minister said on Tuesday.
OPEC may decide to ease oil supply curbs in June: sources
KHOBAR, Saudi Arabia/LONDON (Reuters) – OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar w…
Exclusive: GE seeking to shed troubled insurance business – sources
(Reuters) – General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with…
Facebook’s Zuckerberg apologizes to EU lawmakers over data leak
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg apologized to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world’s biggest social media network.
Consumer Reports to retest Tesla Model 3 after brake fix
(Reuters) – Consumer Reports said Tuesday it will retest brakes on Tesla Inc’s new Model 3 sedans after Chief Executive Elon Musk promised a software update, but the potential hit to sales from the magazine’s negative review weighed on Tesla shares.
Wall St erases gains on Trump’s China trade talk comments
(Reuters) – Wall Street gave up earlier gains and were little changed on Tuesday afternoon after U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit.
