U.S. prosecutors want stay lifted to settle ‘The Wolf of Wall Street’ suit
KUALA LUMPUR (Reuters) – The U.S. Justice Department has asked a court to lift a stay on civil proceedings linked to a Malaysian fund at the center of its biggest ever “kleptocracy” probe, so that a settlement can be reached with producers of the movie…
ArcelorMittal stands by $1 billion Mexico pledge despite trade threats
MEXICO CITY (Reuters) – ArcelorMittal, the world’s largest steelmaker, has not changed its plan to invest $1 billion dollars in a new production line in Mexico, a spokesman said on Friday, despite uncertainty around terms of trade in North America.
S&P 500 gains for day but posts weekly losses on trade war fears
NEW YORK (Reuters) – The S&P 500 ended another turbulent week on an upbeat note Friday, but major indexes posted their worst week of losses since early February as President Donald Trump’s threat to impose import tariffs on steel and aluminum rattled investors.
Trump sours flagging NAFTA talks with steel trade war threats
MEXICO CITY (Reuters) – U.S. President Donald Trump’s threats to unleash a trade war over steel crushed hopes of substantial progress in the latest talks to rework NAFTA, heightening fears for the trade deal’s future.
Broadcom return to the U.S. could be complete in mid-May: sources
WASHINGTON (Reuters) – Singapore-based chipmaker Broadcom Ltd, which is seeking to buy rival Qualcomm Inc, plans to complete its move back to the United States by mid-May, according to sources familiar with the matter.
Happy anniversary: Snap up $1 from its IPO price
SAN FRANCISCO (Reuters) – Snap Inc celebrated its first anniversary as a publicly traded company on Friday, but for investors it was not quite the lovefest envisioned when they bought shares in the hottest tech IPO in years.
Trump sours NAFTA talks with steel trade war threats
MEXICO CITY (Reuters) – U.S. President Donald Trump’s threats to unleash a trade war over steel crushed hopes of substantial progress in the latest talks to rework NAFTA, pitching negotiators into a political maelstrom and heightening fears for the tra…
Wall Street pares losses from tariff threat
NEW YORK (Reuters) – The S&P 500 ended another turbulent week on an upbeat note Friday, but major indexes posted losses for the week as U.S. President Donald Trump’s threat to impose import tariffs on steel and aluminum rattled investors.
Start of trial on AT&T, Time Warner merger may be delayed by one day
WASHINGTON (Reuters) – The start date for the trial over whether wireless and pay TV provider AT&T Inc can buy Time Warner Inc may be delayed by a day to March 20, Judge Richard Leon said on Friday.
BlackRock poses tough questions to gunmakers and sellers
BOSTON (Reuters) – Asset manager BlackRock Inc said on Friday it is pressing gunmakers and weapons retailers in its portfolios to explain how they monitor firearm sales and use, and it is studying the creation of new index-based portfolios of stocks th…
