Exclusive: JPMorgan cuts ties with OxyContin maker Purdue Pharma – sources
(Reuters) – JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker’s alleged role in…
Oil plummets, on track for biggest weekly drop in 2019
NEW YORK (Reuters) – Oil prices plunged on Thursday, losing about 5% as trade tensions dampened the demand outlook, putting…
Global shares slide on fear trade spat is now a tech cold war
NEW YORK (Reuters) – World shares skidded further on Thursday and oil prices slid more than 5% as investors worried…
Best Buy keeps full-year view, warns of higher prices from more tariffs
(Reuters) – Best Buy Co Inc on Thursday stuck to its full-year forecast due to the impact of the latest…
Factbox: U.S. companies warn Trump’s tariffs could hit results
(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China…
Trump administration announces $16 billion farm aid plan to offset trade war losses
WASHINGTON (Reuters) – The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a…
Wall St. falls on trade fears, technology the biggest drag
(Reuters) – U.S. stocks tumbled on Thursday as investors dumped shares in most sectors with technology financials and energy leading…
Fed officials say trade tensions could threaten growth
(Reuters) – The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth,…
U.S., China exchange barbs over Huawei as trade tensions flare
WASHINGTON/BEIJING (Reuters) – The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike…
China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains
BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to…
U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the…
Fed’s patience on interest rates to last ‘for some time’
WASHINGTON (Reuters) – U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary…
Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress
(Reuters) – Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as…
FAA chief has no timetable for Boeing 737 MAX approval
FORT WORTH, Texas/MONTREAL (Reuters) – The acting head of the Federal Aviation Administration said on Wednesday he does not have…
PG&E wins court approval to set up $105 million wildfire assistance fund
SAN FRANCISCO (Reuters) – PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018…
U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the…
Wall St. rises as Huawei reprieve boosts tech shares
NEW YORK (Reuters) – Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased…
Huawei accuses U.S. of bullying, says working with Google to respond to ban
Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume…
China rebuffs Trump claim U.S. tariffs are making firms leave
BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s…
U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm
SHANGHAI/NEW YORK (Reuters) – The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its…
Nordstrom cuts 2019 forecast after quarterly results miss big
(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter…
U.S. states, cities sue to block Trump ‘conscience’ rule for healthcare workers
NEW YORK (Reuters) – Two dozen U.S. states and municipalities sued the Trump administration on Tuesday to stop it from…
Exclusive: Google suspends some business with Huawei after Trump blacklist – source
NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and…
Trump denies plans to fly migrants from border to Florida
President Donald Trump on Sunday denied reports that hundreds of migrants would be flown from the Mexican border to Florida…
Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive…
Wall St. falls as trade anxieties spike
NEW YORK (Reuters) – Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down,…
Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo (Reuters)…
Exclusive: U.S. says it may scale back some Huawei trade restrictions
A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason…
IMF’s Lagarde says U.S.-China trade war could be risk for world economic outlook
Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, delivers a speech during a high-level forum on debt…
Chelsea Manning ordered back to jail for defying grand jury subpoena
Fresh off a 62-day incarceration for defying a grand jury subpoena, Chelsea Manning, the former U.S. Army intelligence analyst and…
China’s Huawei restricted from using U.S. suppliers
WASHINGTON/NEW YORK (Reuters) – The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist,…
Oil extends gains into fourth straight day on Middle East tensions
FILE PHOTO: A view shows a well head and a drilling rig in the Yarakta Oil Field, owned by Irkutsk…
Bayer bets on ‘silver bullet’ defense in Roundup litigation; experts see hurdles
NEW YORK (Reuters) – Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits…
Alabama boycott builds as states retaliate against abortion law
(Reuters) – A movement to boycott Alabama over its near-ban on abortion gained momentum Thursday as officials in Maryland and…
Bayer bets on ‘silver bullet’ defense in Roundup litigation; experts see hurdles
NEW YORK (Reuters) – Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits…
Walmart’s first-quarter U.S. comparable sales rose, e-commerce slows
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File…
Trade group to hold meeting of airlines affected by Boeing’s grounded 737 MAX
FILE PHOTO: A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX…
Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on Huawei
WASHINGTON (Reuters) – President Donald Trump is expected to sign an executive order this week barring U.S. companies from using…
Alabama Senate bans nearly all abortions, including rape cases
(Reuters) – Alabama’s state Senate passed a bill on Tuesday to outlaw nearly all abortions, creating exceptions only to protect…
Oil prices jump nearly 2% on drone attack on Saudi Aramco facilities
NEW YORK (Reuters) – Oil prices rose nearly 2% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched…
Japan Finmin Aso: Sino-U.S. trade war won’t trigger economic crisis
FILE PHOTO: Japanese Finance Minister Taro Aso delivers a speech during a high-level forum on debt at the Finance ministry…
Trump and Xi to meet after defiant China hits U.S. with new tariffs
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as…
California jury hits Bayer with $2 billion award in Roundup cancer trial
(Reuters) – A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG’s glyphosate-based…
U.S. measles outbreak grows with 75 new cases, mostly in New York
FILE PHOTO – One-year-old Bella Huang cries as medical assistants secure her legs for a series of vaccines at the…
Woman escapes with cat from car that plunged into river
A woman was able to save herself and her cat after the car they were riding in plunged into a…
Kentucky Islamic leader charged in murder-for-hire plot
An Islamic leader and two others in Kentucky have been arrested and charged in a murder-for-hire plot. Islamic Center of…
U.S. and China at impasse over trade, Kudlow says new tariffs will remain
WASHINGTON/BEIJING (Reuters) – The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded…
U.S. states accuse Teva, other drugmakers, of price-fixing: lawsuit
WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19…
China still ‘cautiously optimistic’ on U.S. trade talks despite new tariffs
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu…
U.S. states accuse Teva, other drugmakers, of price-fixing: lawsuit
WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19…
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu…
Wells Fargo CEO search hobbled by pay limitations: sources
NEW YORK (Reuters) – Wells Fargo & Co’s hunt for a new CEO is being impeded by limits on how…
Trump says talks with China to continue as trade war escalates
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that trade talks with China would continue even after Washington…
China, U.S. agree to hold more trade talks: Vice Premier Liu He
(Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He…
U.S. says Huawei lawyer’s prior work at Justice Department poses conflict
(Reuters) – Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created a conflict…