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

U.S. 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.



5 years ago

Fed's Harker says he opposed last rate cut, thinks rates should stay put

Philadelphia Federal Reserve Bank President Patrick Harker said on Tuesday he did not support the Fed's last rate cut in October and that the central bank should keep policy steady.



5 years ago

S&P 500, Nasdaq hold at record levels after Trump remarks

The S&P 500 and Nasdaq indexes remained at record levels on Tuesday spurred by gains in trade-sensitive technology stocks, after President Donald Trump reiterated that the United States was close to signing a "phase one" trade deal with China.



5 years ago

Battle for Mediobanca: Italy's richest man takes on seasoned CEO

One comes from a wealthy family, attended Milan's best schools and has spent all his career engineering mergers at Mediobanca , Italy's most influential investment bank.



5 years ago

No tariff adjustments until deal made, Kudlow says: CNBC

White House economic adviser Larry Kudlow said on Tuesday there will be no tariff adjustments until trade deal with China is made.



5 years ago

Boeing gives pilot new job after firestorm over leaked messages: 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.



5 years ago

Tesla CEO says will build Gigafactory 4 in 'Berlin Area': Electrek

Tesla Inc's Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build Gigafactory 4, a new vehicle factory, in the "Berlin Area", according to a report by automotive news website Electrek.



5 years ago

S&P 500, Nasdaq hold near record levels after Trump remarks

The S&P 500 and Nasdaq indexes edged higher after earlier hitting record peaks on Tuesday while the Dow dipped slightly 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.



5 years ago

Trump, Apple CEO Tim Cook to tour Apple operations in Texas: sources

U.S. President Donald Trump and Apple CEO Tim Cook are expected to tour facilities in Texas where Apple products are made as soon as next week to showcase companies that keep jobs in America, according to two people familiar with the matter.



5 years ago

Tesla CEO says will build Gigafactory 4 in 'Berlin area'

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the electric-car maker is going to build a new vehicle factory as well as an engineering and design center in the German capital, Berlin.



5 years ago

Vendors squeezed in Wells Fargo cost cutting push

At least seven vendors have given Wells Fargo & Co a partial refund for their services after bank executives pressured the contractors to return 2.5% of revenue earned last year, according to sources familiar with the matter.



5 years ago

Stocks, dollar rise as Trump says trade deal is near

Global equity markets and the dollar rose on Tuesday as U.S. President Donald Trump reiterated the United States is close to signing a trade deal with China but offered no new details.



5 years ago

Flying 14 hours or more? Boeing sees longer routes as 'key' for growth

Serving airlines that will operate flights lasting 14 hours or longer is a "key consideration" for Boeing Co's global growth strategy over the next 20 years, an executive said on Tuesday.



5 years ago

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.



5 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.



5 years ago