U.S. agencies moving forward with proposing fuel economy revisions
WASHINGTON (Reuters) – The Trump administration is moving ahead with plans to submit a series of options for softening fuel efficiency standards to the White House for approval in the coming week, two officials briefed on the matter Tuesday said.
Berkshire doubles Teva stake, adds to Apple, ends a newspaper bet
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc’s second-largest shareholder.
Maduro seizes Kellogg plant after it leaves Venezuela due to crisis
CARACAS (Reuters) – U.S.-based cereal maker Kellogg Co on Tuesday pulled out of Venezuela due to the country’s deep economic crisis, and an angry President Nicolas Maduro said its units would be taken over and given to workers.
Amazon to open checkout-free stores in Chicago and San Francisco
(Reuters) – Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.
Wall St. drops as Treasury yields surge
(Reuters) – A surge in U.S. government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between …
U.S. lawmakers push back on Trump talk of helping China’s ZTE
WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp , calling the telecommunications firm a security threat and vowing not to abandon legislation clamping down on the com…
Berkshire Hathaway doubles Teva bet, confirms Apple purchases
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc’s second-largest shareholder.
Mexico says NAFTA deal unlikely this week, Canada is upbeat
MEXICO CITY (Reuters) – Mexico’s economy minister said that he saw diminishing chances for a new North American Free Trade Agreement ahead of a Thursday deadline to present a deal that could be signed by the current U.S. Congress.
Wall St. ends down; Dow snaps 8-day winning streak
NEW YORK (Reuters) – U.S. stocks fell on Tuesday, and the Dow snapped an eight-day winning streak, after bond yields rose, strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and …
Maduro rebukes Kellogg for leaving Venezuela, gives unit to workers
CARACAS/VALENCIA (Reuters) – Venezuelan President Nicolas Maduro blasted U.S.-based cereal maker Kellogg Co on Tuesday for pulling out of the country due to the economic crisis and vowed to hand over the company’s factory to workers.
