Trump seeking tariffs on up to $60 billion Chinese goods; targets tech, telecoms
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, two people who had discussed the issue with the Trump adminis…
GM CEO meets with U.S. regulators on fuel efficiency rules
WASHINGTON (Reuters) – General Motors chairman and chief executive Mary Barra met on Tuesday with U.S. regulatory chiefs, weeks before the Trump administration plans to decide whether to revise landmark fuel efficiency standards through 2025.
Judge rejects U.S. demand to exclude AT&T argument in Time Warner merger trial
WASHINGTON (Reuters) – AT&T Inc can cite a voluntary commitment not to withhold content in licensing talks as a key part of its defense when an antitrust trial begins next week over the fate of the company’s planned $85 billion merger with Time Warner Inc , U.S. District Judge Richard Leon said on Tuesday.
Honda, Ford to testify at U.S. Senate Takata hearing: aides
WASHINGTON (Reuters) – Executives from Honda Motor Co , Ford Motor Co and Key Safety Systems will testify at a March 20 hearing on the ongoing massive Takata Corp air bag inflator recalls of more than 60 million vehicles, committee aides briefed on t…
Wall Street slides on Tillerson exit, tariff worries
NEW YORK (Reuters) – Wall Street’s major indexes fell on Tuesday as the dismissal of U.S. Secretary of State Rex Tillerson and the possibility of additional U.S. import tariffs against China dragged down stocks across sectors.
Investors challenge Tilton’s U.S. bankruptcy plan for her Zohar funds
WILMINGTON, Del (Reuters) – A lawyer for investors in Lynn Tilton’s distressed debt empire told a U.S. judge on Tuesday that his clients plan to challenge her plan to use a bankruptcy filing to end years of legal battles over her private equity portfol…
Credit Suisse CEO ‘here to stay’: FUW newspaper
ZURICH (Reuters) – Credit Suisse Chief Executive Tidjane Thiam has no intention of stepping down, he said in an interview with Swiss newspaper Finanz und Wirtschaft published on Tuesday.
Wall Street slips after Tillerson exit
NEW YORK (Reuters) – Wall Street’s major indexes fell on Tuesday as uncertainty in Washington stemming from the dismissal of Secretary of State Rex Tillerson dragged down stocks across sectors.
Goldman moves Spanish dealmaker to Madrid ahead of Brexit: sources
LONDON/MADRID (Reuters) – Goldman Sachs is moving one of its senior London-based dealmakers to Madrid as part of a plan to strengthen its European network ahead of Brexit, sources familiar with the matter said.
Big banks shake up Washington lobbying shops
WASHINGTON (Reuters) – Two of Wall Street’s largest Washington-based trade groups said on Tuesday that they were merging, as big banks rethink their lobbying strategies under the business-friendly administration of U.S. President Donald Trump.
