Wall Street flat as tariff deadline nears

World News - Tue, 2019-12-10 14:58
Wall Street's main stock indexes were little changed on Tuesday, hovering near record highs, as investors awaited concrete news on whether U.S. tariffs on Chinese imports would take effect on Dec. 15, a potential turning point in the two countries' trade dispute that has convulsed markets.
Categories: News

U.S. slaps sanctions on Myanmar military chief over Rohingya atrocities

World News - Tue, 2019-12-10 14:55
The United States on Tuesday imposed sanctions on four Myanmar military leaders, including the commander-in-chief, in the toughest action taken yet by Washington for alleged human rights abuses against the Rohingya and other minorities.
Categories: News

U.S., Canada and Mexico reach agreement - again - to replace NAFTA

World News - Tue, 2019-12-10 14:44
Top officials from Canada, Mexico and the United States signed a fresh overhaul of their quarter-century-old regional trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision.
Categories: News

McConnell says Senate will not take up USMCA next week

World News - Tue, 2019-12-10 14:42
Senate Majority Leader Mitch McConnell said on Tuesday the U.S. Senate would not take up the USMCA trade deal next week before congressional recess.
Categories: News

Peloton tumbles over 6% after short seller warns of competition

World News - Tue, 2019-12-10 14:34
Shares of Peloton Interactive tumbled over 6% on Tuesday after noted short seller Andrew Left valued the seller of stationary exercise bicycles at about one seventh of its recent stock price.
Categories: News

Lighthizer says U.S. is invested in Mexico's success as countries sign trade deal

World News - Tue, 2019-12-10 14:32
U.S. Trade Representative Robert Lighthizer stressed that the United States has a stake in Mexico's success as representatives from the United States, Mexico and Canada gathered in Mexico City on Tuesday to sign modifications to the United States-Mexico-Canada Agreement, a new trade pact.
Categories: News

Trump assails FBI Director Wray after report finds no evidence of political bias

World News - Tue, 2019-12-10 14:13
President Donald Trump berated FBI Director Christopher Wray on Tuesday after a U.S. government investigation found no evidence of political bias when the FBI began investigating contacts between Trump's presidential campaign and Russia in 2016.
Categories: News

U.S. Attorney General Barr says FBI may have acted in 'bad faith' on Russia probe

World News - Tue, 2019-12-10 14:13
U.S. Attorney General William Barr said on Tuesday he is still not fully convinced that the FBI acted without bias when it opened its 2016 investigation into possible links between President Donald Trump's campaign and Russia.
Categories: News

White House will wait for Senate trial to address impeachment charges

World News - Tue, 2019-12-10 14:09
U.S. President Donald Trump will address the impeachment charges revealed on Tuesday during the Senate trial phase of the proceedings, the White House said, continuing to opt not to argue the merits of the charges ahead of an expected vote by the Democratic-led House.
Categories: News

U.S. Supreme Court justices lean toward insurers on $12 billion Obamacare claims

World News - Tue, 2019-12-10 13:56
U.S. Supreme Court justices on Tuesday appeared sympathetic to claims made by health insurers seeking $12 billion from the federal government under a program set up by the Obamacare law aimed at encouraging them to offer medical coverage to previously uninsured Americans.
Categories: News

Finland's young PM promises stability, and to keep posting on Instagram

World News - Tue, 2019-12-10 13:19
Social Democrat Sanna Marin said on Tuesday she would restore stability to Finland and keep using social media - but with care - after being sworn in as the world's youngest prime minister at the helm of a government led by women.
Categories: News

U.S. government asks judge to grant probation to ex-Trump campaign deputy Gates

World News - Tue, 2019-12-10 13:18
Federal prosecutors asked a judge on Tuesday to grant probation to President Donald Trump's former deputy campaign chairman Richard Gates when he is sentenced next week, pointing to Gates' extensive cooperation in multiple criminal investigations.
Categories: News

Netflix could lose four million U.S. subscribers in 2020: brokerage

World News - Tue, 2019-12-10 12:38
Needham and Co was the fourth Wall Street brokerage in two months to cut its rating for Netflix Inc on Tuesday, arguing competition from new streaming services could lead to the loss of 4 million premium U.S. subscribers next year.
Categories: News

U.S. third-quarter labor cost growth cut; productivity soft

World News - Tue, 2019-12-10 12:38
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term.
Categories: News

House Democrats unveil Trump impeachment charges; White House looks to Senate fight

World News - Tue, 2019-12-10 12:37
Democrats in the U.S. House of Representatives announced formal impeachment charges against Donald Trump on Tuesday, setting the stage for a battle in the Senate that the White House said would fully exonerate the Republican president.
Categories: News

Agreement reached by U.S., Canada and Mexico - again - to replace NAFTA

World News - Tue, 2019-12-10 12:30
Canada, Mexico and the United States have agreed to a fresh overhaul of their quarter-century-old regional trade pact after negotiators approved changes to a preliminary deal struck last year, and officials will sign the new agreement on Tuesday.
Categories: News

Pelosi: revised USMCA pact much improved from initial Trump version

World News - Tue, 2019-12-10 12:29
The revised United States Mexico Canada trade agreement reached between House Democrats and the White House improves U.S. President Donald Trump's initial deal with new provisions targeting the environment and other areas, House Speaker Nancy Pelosi said on Tuesday.
Categories: News

Exclusive: Malaysia's Mahathir hopeful of 1MDB settlement with Goldman soon

World News - Tue, 2019-12-10 12:28
Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon, but that compensation of "one point something billion" dollars offered by the bank was too small.
Categories: News

Wall Street edges higher on tariff delay hopes

World News - Tue, 2019-12-10 12:14
Wall Street's indexes edged higher in choppy trading on Tuesday after a report that the United States and China were planning to delay a new round of tariffs set to kick in on Dec. 15.
Categories: News

House Democrats claim victory in revamping U.S.-Mexico-Canada trade pact

World News - Tue, 2019-12-10 11:52
U.S. House Democrats on Tuesday claimed victory in negotiating changes to a U.S.-Mexico-Canada trade agreement to ensure better protection for workers, the environment and remove key provisions that they said would have benefited big pharmaceutical companies.
Categories: News
Syndicate content