Massachusetts may sue Equifax over data breach, judge rules
BOSTON (Reuters) – Massachusetts may move forward with a lawsuit accusing credit reporting firm Equifax Inc of failing to safeguard its databases or provide prompt notice of a breach that exposed the personal data of 147 million people, a state court …
Wall Street recovers from sharp losses sparked by China tariffs
NEW YORK (Reuters) – U.S. stocks were higher in afternoon trading on Wednesday, with the major indexes recovering from earlier losses as investors’ fears eased over a trade conflict between the United States and China.
U.S. tariffs on China may simply widen door to other countries
WASHINGTON (Reuters) – In attempting to punish China for its trade practices, President Donald Trump may open the door for other countries to grab U.S. market share, including Mexico and Japan, which he has also targeted with sharp trade rhetoric.
Jet weight puzzle to determine tariff impact on Boeing
SINGAPORE/SHANGHAI (Reuters) – China on Wednesday announced plans to place a 25 percent tariff on certain U.S. aircraft, in a move expected to affect some older Boeing narrowbody models, according to documents from China’s Ministry of Commerce and the…
U.S. floats talks after China strikes back in trade fight
WASHINGTON/BEIJING (Reuters) – President Donald Trump’s administration signaled on Wednesday that proposed U.S. tariffs on $50 billion in Chinese goods may be a negotiating tactic in the escalating U.S.-China trade fight in which China retaliated by ta…
Facebook adds privacy wording in updated terms of service
SAN FRANCISCO (Reuters) – Facebook Inc plans to revise the written policies that people agree to when they use the social network, it said on Wednesday, adding language about the protection of personal data as it prepares to comply with a strict new E…
Monte dei Paschi’s bosses confident about turnaround plan: sources
LONDON (Reuters) – The top executives of bailed-out Italian bank Monte dei Paschi di Siena told investors in London on Wednesday the bank is making progress with its turnaround plan, two fund managers who attended the meetings said.
Wall St. recovers from sharp losses sparked by China tariffs
(Reuters) – U.S. stocks were marginally higher in afternoon trading on Wednesday, recovering from a steep drop at the start of the session on fears of a deepening trade conflict between the United States and China.
China strikes back with duties on U.S. soybeans, planes; markets drop
BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemic…
Tariffs could force U.S. automakers to rethink China production
(Reuters) – U.S. automakers could be forced to rethink future production plans for several vehicles if the tit-for-tat tariff dispute brewing between the United States and China erupts into a full-blown trade war.
