Associated Press Business
- China may hike tariffs on US pork, aluminum, other goods March 23, 2018BEIJING (AP) — China announced a $3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded for a bigger battle over technology policy as financial markets sank on fears of disruption to global commerce.The Associated Press
- The Latest: US exempts allies from steel, aluminum tariffs March 22, 2018WASHINGTON (AP) — The Latest on U.S.-China trade (all times local):The Associated Press
- Weather Channel sold to independent studio, distributor March 22, 2018LOS ANGELES (AP) — The Weather Channel is under new ownership.The Associated Press
- Trump orders huge tariffs on China, raises trade war worries March 22, 2018WASHINGTON (AP) — Primed for economic combat, President Donald Trump set in motion tariffs on as much as $60 billion in Chinese imports to the U.S. on Thursday and accused the Chinese of high-tech thievery, picking a fight that could push the global heavyweights into a trade war.The Associated Press
- Mueller examining Cambridge Analytica, Trump campaign ties March 22, 2018WASHINGTON (AP) — Special counsel Robert Mueller is scrutinizing the connections between President Donald Trump's campaign and the data mining firm Cambridge Analytica, which has come under fierce criticism over reports that it swiped the data of more than 50 million Facebook users to sway elections.The Associated Press
- JP Morgan said to examine spin-off of its blockchain project to win wider adoption March 22, 2018A spin-off highlights the difficulties Wall Street firms often have getting rivals to adopt new technologies they create in-house
- The market is having a hard time adjusting to a new day at the Fed March 22, 2018Fed Chairman Jerome Powell distinguished himself from his predecessors this week.
- How the Fed's outlook could be worrisome for markets March 22, 2018There's a deeper hawkish tilt to the Fed's outlook for interest rates that could be worrisome for markets.
- China poised to open markets 'beyond expectations' as tough US tariffs loom, envoy says March 22, 2018Consul General Zhang Qiyue said barriers will be removed or eased for foreign investors in China’s financial sector.
- Fed hikes rates and raises GDP forecast again March 21, 2018The quarter-point rate hike announced by the Fed was expected. The FOMC's March meeting was Jay Powell's first as chair.
- Credit Suisse CEO pay falls after shareholder mutiny March 23, 2018ZURICH (Reuters) - Credit Suisse Chief Executive Tidjane Thiam earned slightly less in 2017 during his third year on the job, as shareholder scrutiny during the final stages of a major overhaul dampened executive pay.
- Stocks tumble, bonds and yen gain as trade war fears drive rush to safety March 23, 2018TOKYO (Reuters) - The rumblings of a global trade war shook stock and currency markets on Friday after U.S. President Donald Trump announced long-promised tariffs on Chinese goods and Beijing pledged to fight any such war to the end.
- China urges U.S. to 'pull back from brink' as Trump unveils tariffs March 23, 2018BEIJING/SHANGHAI (Reuters) - China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods brought the world's two largest economies closer to a trade war.
- As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms March 23, 2018TOKYO (Reuters) - Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO.
- U.S. Justice Department urges judge to block AT&T-Time Warner merger March 23, 2018WASHINGTON (Reuters) - The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation.
- Stunning new cars, SUVs light up the New York Auto Show March 23, 2018
- Toys R Us says liquidation sale likely to start Friday March 23, 2018Toys R Us cited "unforeseen circumstances" as the reason that wouldn't post deep liquidation discounts
- Trump tariffs on China could make your next phone or laptop cost more March 23, 2018President Trump's tariffs levied on China could mean higher prices for consumers, as well as lower productivity for the economy, experts say.
- Hollywood and music history items go up for sale March 23, 2018Items once owned by Michael Jackson, Marilyn Monroe and Steve McQueen hit the auction block. Rough cut (no reporter narration) Video provided by Reuters
- Japan really, really loves this candy March 23, 2018There are over 350 varieties.