Saturday, September 21, 2019
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Broadcom’s $2 billion warning rattles global chip sector

LONDON/BENGALURU (Reuters) - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the...

Strong U.S. retail sales improve economy’s fortunes

WASHINGTON (Reuters) - U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending...

Wall Street ends down; Broadcom warning hits chip stocks

NEW YORK (Reuters) - U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning...

How an Obama Fed appointee is scuttling Wall Street’s bid to...

WASHINGTON (Reuters) - As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank's board....

Trump talks trade with Apple CEO Cook as China dispute looms

WASHINGTON (Reuters) - U.S. President Donald Trump met with Apple CEO Tim Cook on Thursday to discuss trade and other hot-button issues...

Biden criticizes Amazon for not paying federal taxes in 2018

WASHINGTON (Reuters) - Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commerce giant Amazon.com Inc's $0 federal tax bill in 2018 and...

Over 600 U.S. companies urge Trump to resolve trade dispute with…

WASHINGTON (Reuters) - Walmart Inc, Target Corp and more than 600 other companies urged U.S. President Donald Trump in a letter on Thursday to...

U.S. healthcare stocks shielded from political pressures prove…

NEW YORK (Reuters) - U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix...

In VW Chattanooga vote, UAW seeks elusive U.S. southern toehold

CHATTANOOGA, Tenn. (Reuters) - For the second time in five years, workers at Volkswagen AG's Chattanooga, Tennessee, assembly plant have been voting this week...

U.S. denies Tesla, GM, Uber 25% Chinese tariff relief

WASHINGTON (Reuters) - The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla...