U.S. has not ruled out imposing tariffs on imported autos: Commerce chief Ross
U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period...
Former Bumble Bee tuna CEO found guilty of price fixing
The former chief executive of Bumble Bee Foods LLC, Chris Lischewski, was found guilty of price-fixing on Tuesday, a court filing showed....
U.S. banking regulators urge ‘responsible use’ of alternative lending data
U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure “responsible use” of non-traditional sources of financial data...
Institutional investors have subscribed for 6.3 billion shares for Aramco IPO so far – lead bank
Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers...
Amazon partners with Verizon on 5G in cloud computing expansion
Amazon.com Inc on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications Inc, so developers can run latency-sensitive programs...
Elon Musk on trial in U.S. for defamation over ‘pedo guy’ tweet
Tesla Inc boss Elon Musk went on trial on Tuesday for alleged defamation in appearing to describe a British diver who helped rescue a group...
Wall Street falls for third straight day as trade hopes dim
Wall Street set course for its third consecutive sell-off on Tuesday as investor optimism over a potential near-term respite from the U.S.-China trade war evaporated...
Trump says China trade deal may have to wait amid sticking points in talks
President Donald Trump said on Tuesday a trade deal with China might have to wait until after the U.S. presidential election in November 2020, denting...
Amazon designs more powerful data center chip
Amazon.com Inc said on Tuesday it had designed a more powerful data center processor chip, as it looks to pose a serious challenge to the...
U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances
The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they...