U.S. stock futures slide, yen rises as Trump proposes more China tariffs
TOKYO (Reuters) – U.S. stock markets slid and the yen rose against the dollar on Friday after U.S. President Donald Trump proposed additional tariffs on China, aggravating trade tensions and smothering a revival in broader investor risk appetite.
Institutional Shareholder Services asks GE to dump auditor KPMG
(Reuters) – Proxy advisory firm Institutional Shareholder Services on Thursday asked the shareholders of General Electric Co to vote against keeping accounting firm KPMG because of “concerns about GE’s previously-undisclosed liabilities and accounting…
Trump proposes $100 billion more in new tariffs on China
WASHINGTON (Reuters) – President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fueling an already heated trade dispute between the world’s two biggest economies.
U.S. says AT&T wants Time Warner deal to save pay-TV ‘cash cow’
WASHINGTON (Reuters) – The U.S. Justice Department presented evidence on Thursday to show that AT&T , owner of DirecTV, viewed buying Time Warner as a way to make viewers stick with their pay TV service instead of moving to cheaper online providers.
Campbell Soup gives COO Mignini more control over core units
(Reuters) – Campbell Soup Co said on Thursday it would reorganize its businesses, giving newly-appointed Chief Operating Officer Luca Mignini more control over its main units, including soup, simple meals and shelf-stable beverages.
Trump taking ‘serious look’ at policy options on Amazon
Aboard Air Force One (Reuters) – U.S. President Donald Trump said on Thursday he would take a serious look at policies to address what he says are the unfair business advantages of online retailer Amazon.com Inc
Wall Street posts third day of gains as trade fears ease
NEW YORK (Reuters) – The Dow and the S&P 500 posted gains for a third day in a row on Thursday, the longest streak in about a month, as investors’ worries of an escalating trade conflict between the United States and China eased and their focus on upcoming earnings grew.
China signals tough trade stance as U.S. officials push negotiations
BEIJING/WASHINGTON (Reuters) – China would win any trade war with the United States, the country’s state media said on Thursday, as U.S. officials sought to ease market jitters over escalating tensions between the world’s two biggest economies.
Dow, S&P climb for third day in a row on easing trade worries
NEW YORK (Reuters) – The Dow and S&P 500 posted gains for a third day in a row on Thursday, the longest streak in about a month, as investors’ worries of an escalating trade conflict between the United States and China eased and their focus on upcoming earnings grew.
As S&P 500 recovers, most components remain in correction – or worse
SAN FRANCISCO (Reuters) – As a stock rebound on Thursday put the S&P 500 on track for its strongest three-day performance since 2016, a look at the recent performance of most of the index’s components paints a different picture, illustrating signs of weakness in Wall Street’s health.
