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Trump says China trade deal 'close' but dashes hopes for signing details

President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China "soon," but offered no new details on negotiations in a campaign-style speech touting his administration's economic record.



6 years ago

U.S. auto showrooms need more electric cars, environmental group says

Environmental group the Sierra Club on Tuesday urged automakers and dealerships to help cut U.S. carbon emissions and fight the climate crisis by making more electric vehicle available in U.S. showrooms.



6 years ago

S&P 500 ekes out gain after Trump trade remarks

The benchmark S&P 500 stock index eked out a slim gain on Tuesday as President Donald Trump said the United States is close to signing an initial trade deal with China but offered no new details about negotiations.



6 years ago

Fed's election year challenge: Is slowing U.S. job growth a 'material' change?

Having guided interest rates lower this year and declared a stopping point, Federal Reserve officials face a potentially volatile election year problem if U.S. job growth slows in coming months as many expect it will.



6 years ago

Disney+ debut hit by tech glitches, company blames demand

Walt Disney Co's long-awaited debut in the streaming media wars on Tuesday was hit with technical glitches that the company said were caused by higher-than-expected demand as it takes on rival Netflix Inc.



6 years ago

Chinese national pleads guilty in U.S. court to stealing Phillips 66 trade secrets

A Chinese national pleaded guilty on Tuesday to stealing trade secrets from U.S. petroleum company Phillips 66 , where he worked on the research and development of next generation battery technologies, the U.S. Justice Department said.



6 years ago

Some U.S. airlines willing to take 737 MAX jets before pilot training approval: sources

Some U.S. airlines are willing to pick up their 737 MAX jets from Boeing Co as soon as December if the Federal Aviation Administration (FAA) approves delivery of the grounded planes before new pilot training is agreed, three people with knowledge of the matter said.



6 years ago

Airbus says could stretch A220 airliner, but has no current plan to do so

Airbus SE's Canadian-designed A220 narrowbody jet has the potential to be stretched to carry more passengers but the company has no current plans to do so, a top executive said on Tuesday.



6 years ago

Boeing pilot who exchanged leaked 737 MAX simulator messages changes jobs-sources

One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday.



6 years ago

Nissan shares skid after profit plunge, outlook cut

Shares of Nissan Motor slid more than 4% in early trade on Wednesday, a day after the Japanese automaker reported a 70% plunge in quarterly profit and slashed its full-year forecast to an 11-year low.



6 years ago

Asian stocks fall on fears U.S.-China trade stalling

Asian stocks and Wall Street futures fell on Wednesday on growing worries U.S.-China trade talks are stalling after President Donald Trump failed to deliver any new information about when the two countries would sign a trade deal.



6 years ago

Tariff stockpiling wanes as importers work off inventories: port executive

The executive in charge of the No. 1 seaport for U.S. trade with China on Tuesday said importers were not stockpiling goods ahead of President Donald Trump's plan to slap 15% tariffs on cellphones, laptops, toys and other Chinese-made goods next month.



6 years ago

Regulators begin probe into Google-Ascension cloud computing deal: WSJ

A U.S. federal regulator has initiated an investigation into a cloud computing deal between Alphabet Inc's Google and Ascension Health which would give Google access to detailed health information of millions of patients, the Wall Street Journal reported on Tuesday.



6 years ago

Automakers expect Trump will delay decision on imposing EU, Japan auto tariffs

Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters.



6 years ago

Asian shares slide on trade disappointment, HK unrest

Asian stocks and Wall Street futures fell on Wednesday, as growing worries that U.S.-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets.



6 years ago