ISS sides against two Tesla directors, backs split of Musk’s roles
BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services (ISS) recommended on Friday that investors vote against Tesla Inc directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board.
Proxy adviser ISS recommends votes against two Tesla directors
BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services recommended on Friday that investors cast proxy votes against Tesla Inc directors Antonio Gracias and James Murdoch.
U.S., China talks focus on cutting trade gap, $200 billion target disputed
WASHINGTON/BEIJING (Reuters) – China is “meeting many” Trump administration demands to cut its trade surplus with the United States, but a definitive deal to resolve deep trade differences could take a while to develop, White House economic adviser Lar…
Wall Street posts weekly loss as banks, chipmakers weigh
NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks.
Boeing’s foldable wingtip for new 777s gets approval
(Reuters) – Boeing Co on Friday won approval from the U.S. regulator Federal Aviation Administration for the company’s new foldable wingtips for its latest 777 jets.
U.S., China talks focus on cutting trade deficit, China denies $200 billion target
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Friday he was determined to stop China from “taking our jobs, taking our money” as U.S. and Chinese negotiators met for a second day to try to avert a tariff war and find ways to boost …
Sanctioned Russian oligarch Vekselberg cuts Swiss stakes
ZURICH (Reuters) – Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon and Schmolz + Bickenbach after a deal with minority shareholders and managers at his holding group, one of his companies said on Friday.
Trump urged U.S. Postal Service to double package rates for Amazon: Washington Post
WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed…
Wall St. set for weekly loss as bank and chip stocks weigh
NEW YORK (Reuters) – Bank and chipmaker stocks helped pull the S&P 500 into negative territory on Friday, capping a week of choppy trading as trade talks with China, rising U.S. government bond yields and increasing oil prices kept investors on edge.
Goldman CEO Blankfein likely to step down by December: NYT
(Reuters) – Goldman Sachs Group Inc Chief Executive Lloyd Blankfein is expected to step down by December, the New York Times reported on Friday, citing people familiar with the bank’s plan.
