Wall Street bounces back on renewed trade optimism
Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump's remarks that talks with China on an interim trade deal were going "very well."
Wall Street rebounded on Wednesday as investor optimism got a boost from U.S. President Donald Trump's remarks that talks with China on an interim trade deal were going "very well."
Citgo Petroleum Corp's directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela's interim government ease creditors' claims against its parent PDVSA that also are threatening its assets.
Elon Musk, wrapping up two days of testimony at his defamation trial on Wednesday, insisted his "pedo guy" Twitter message at the heart of the case was an "off-the-cuff" insult hurriedly written in anger and not meant to be taken literally.
Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.
CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone's U.S. entertainment empire.
U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg on Wednesday, citing people familiar with the matter.
Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year.
The British cave explorer suing Elon Musk testified on Wednesday he felt "branded a pedophile" by the billionaire entrepreneur, despite Musk's assertion that his "pedo guy" tweet at the heart of the defamation case was not meant to be taken literally.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program.
China's Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
Stock markets in Asia gained on Thursday on hopes that China and the United States may soon seal a preliminary deal to end their 17-month trade war, but conflicting signals from U.S. President Donald Trump kept a lid on investor optimism.
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U.S. Commerce Secretary Wilbur Ross on Tuesday rejected any deadlines on a trade deal with China and launched a fresh attack on telecoms giant Huawei, further dimming hopes for an end to a 17-month trade war that has slowed global growth.
High-tech entrepreneur Elon Musk took the witness stand at his defamation trial on Tuesday, testifying that his inflammatory Twitter message at the center of the case was sent in response to an "unprovoked" insult he received from the man now suing him.
High-tech entrepreneur Elon Musk testified at his defamation trial on Tuesday that his "pedo guy" Twitter message at the center of the case was not meant to be taken literally and was sent in response to an "unprovoked" insult he received from the man now suing him.