When controversies hit, wait-and-see no longer works, U.S. companies find
NEW YORK (Reuters) – When Bank of America Corp (BAC.N) held its annual meeting in April, activists insisted it stop…
Explainer: How U.S.-China talks differ from any other trade negotiations
WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
Best-case scenario for Trump-Xi talks is resumption of trade negotiations: Pence adviser
FILE PHOTO: White House director of legislative affairs Marc Short takes part in a daily briefing at the White House…
Wall St. wraps up its best June in decades as G20 convenes
NEW YORK (Reuters) – Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing…
USDA reports large U.S. soybean sale to China ahead of Trump-Xi meeting
CHICAGO (Reuters) – The U.S. Department of Agriculture (USDA) on Friday reported a large soybean sale to China, an apparent…
U.S. rights groups, doctors sue to stop Georgia ‘heartbeat’ abortion ban
(Reuters) – A group of civil rights organizations, doctors and clinics sued Georgia’s government on Friday to overturn a law…
Missouri’s only abortion clinic to stay open until at least August 1
(Reuters) – Missouri’s only abortion clinic will remain open for now after a state arbiter on Friday ordered a stay…
U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals
FILE PHOTO: Tyson food meat products are shown in this photo illustration in Encinitas, California May 29, 2014. REUTERS/Mike Blake…
Wall Street sinks as hopes fade for rate cuts, trade progress
NEW YORK (Reuters) – Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central…
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
WASHINGTON (Reuters) – The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi…
Juul loses home turf as San Francisco bans e-cigarette sales
(Reuters) – San Francisco will become the first major city in the United States to ban the sale of e-cigarettes…
U.S. pork lobby says regulatory changes needed after Trump biotech order
CHICAGO (Reuters) – The U.S. pork lobby said on Tuesday more must be done to simplify regulations for genetically altered…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of…
S&P 500 slips as healthcare drags, investors eye G20 summit
NEW YORK (Reuters) – The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the…
FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire
(Reuters) – FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state…
Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
(Reuters) – Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
Missouri orders lone abortion clinic to close; judge keeps it open for now
ST. LOUIS (Reuters) – Missouri health officials on Friday refused to renew the license of the state’s only abortion clinic,…
Bang-up week on Wall Street ends with a whimper
(Reuters) – Wall Street edged lower on Friday, as U.S. Vice President Mike Pence’s decision to defer a speech on…
Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing
WASHINGTON (Reuters) – Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications…
Wall Street Week Ahead: Investors eye G20 with hopes for U.S.-China trade detente
NEW YORK (Reuters) – All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week…
Exclusive: Exxon’s $53 billion Iraq deal hit by contract snags, Iran tensions – sources
BASRA, Iraq/BAGHDAD (Reuters) – Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014.…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
U.S. banks clear first hurdle of Federal Reserve’s annual stress test
WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital…
U.S. firms say China tariffs will raise costs, see few sourcing alternatives
WASHINGTON (Reuters) – A wide range of U.S. companies told a hearing in Washington on Monday that they have few…
Senator Rubio targets Huawei over patents
FILE PHOTO: Senator Marco Rubio questions witnesses before the Senate Intelligence Committee hearing about “worldwide threats” on Capitol Hill in…
Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s…
Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers
WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs…
U.S. records 22 new measles cases, bringing year’s total to 1,044
(Reuters) – The United States recorded 22 new measles cases last week, bringing the year’s total number of cases to…
Deutsche Bank to set up 50 billion euro bad bank: FT
FILE PHOTO: Employees of Germany’s largest business bank, Deutsche Bank, gather ahead of the bank’s annual shareholder meeting in Frankfurt,…
U.S. to launch public hearings on additional China tariffs next week
FILE PHOTO: Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7,…
India to impose retaliatory tariffs on 28 U.S. goods from Sunday
NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from…
U.S. drugmakers file lawsuit against requiring drug prices in TV ads
FILE PHOTO: Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30,…
All eyes on Fed as stock market pines for rate cut
NEW YORK (Reuters) – The Federal Open Market Committee meeting next week is shaping up as a pivotal one for…
Strong U.S. retail sales improve economy’s fortunes
WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a…
Mexico ready to retaliate if U.S. imposes tariffs: minister
Mexico’s Economy Minister Graciela Marquez attends a session with lawmakers and senators at the Senate building in Mexico City, Mexico…
Broadcom’s $2 billion warning rattles global chip sector
LONDON/BENGALURU (Reuters) – Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China…
U.S. cities propose framework for nationwide opioid settlement talks
(Reuters) – Lawyers for counties and municipalities suing drug manufacturers and distributors over their alleged roles in the U.S. opioid…
Wall Street ends down; Broadcom warning hits chip stocks
NEW YORK (Reuters) – U.S. stocks ended lower on Friday as investors were cautious going into next week’s Federal Reserve…
Pompeo to push in India for more U.S. access to local markets
FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks at a joint news conference in The Hague, Netherlands June 3,…
Republican senator criticizes potential dual U.S. antitrust tech probes
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS WASHINGTON (Reuters)…
Trump leaves China tariff deadline open, calls relationship ‘testy’
WASHINGTON (Reuters) – U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325…
Wall St. slips; banks fall with prospect of rate cut, energy drops
NEW YORK (Reuters) – Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S.…
Trump confident Hong Kong and China will ‘work things out’ after protests
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was sure China and Hong Kong would be able…
White House says it will meet two-year deadline for Huawei ban for contractors
FILE PHOTO: A Huawei company logo is seen at CES (Consumer Electronics Show) Asia 2019 in Shanghai, China June 11,…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
Underlying U.S. producer inflation boosted by services
WASHINGTON (Reuters) – Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge…
U.S. economic growth forecast ‘not contingent’ on China trade deal: Kudlow
FILE PHOTO: White House economic adviser Larry Kudlow delivers remarks at SelectUSA Investment Summit in Washington D.C., U.S. June 11,…
Trump presses China to reverse stance on structural reform if it wants trade deal
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that he was holding up a trade deal with China and…
Trump defends tariff strategy, China says ‘not afraid’ of trade war
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy…