Bills targeting China’s Huawei introduced in U.S. Congress
Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about...
CQS looking to grow U.S. presence under new CEO Rolet
CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier...
UAW head to GM: we invested in you, now invest in us
The UAW and General Motors Co on Tuesday formally kicked off contract talks, with the union’s president calling on the automaker to keep open plants...
Wall Street muted after mixed bank earnings
U.S. stock indexes treaded water on Tuesday as Wall Street’s big banks swung between gains and losses after their quarterly results drew mixed reactions from...
New York City can ban ads inside Uber, Lyft vehicles: U.S. appeals court
A federal appeals court on Tuesday said New York City can ban advertising inside vehicles for companies such as Uber and Lyft....
U.S. manufacturing output climbs for second month in June
U.S. manufacturing output accelerated in June, climbing for the second straight month, thanks in large part to increased production of motor vehicles and parts....
U.S. retail sales increase solidly in boost to economy
U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the...
Wells Fargo posts higher profit on cost controls, rise in loans
Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from aggressive cost-cutting....
Wall Street opens slightly lower after mixed bank reports
U.S. stocks opened slightly lower on Tuesday as bank shares fell after a batch of mixed quarterly reports from Wall Street lenders JPMorgan Chase, Goldman...
Factbox: Airlines count the cost of Boeing 737 MAX grounding
Some international airlines have reported tentative schedules for when they expect their Boeing 737 MAX up in the air again. More than 300 Boeing 737...