Tire maker Michelin to close French site that has 619 staff
French tire maker Michelin said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.
French tire maker Michelin said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.
Chinese and U.S. officials are negotiating this week in Washington to try to end a debilitating 15-month trade war, with talks set to culminate on Friday when the head of Beijing's delegation meets U.S. President Donald Trump at the White House.
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For investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made.
American Airlines Group Inc said on Thursday it would restructure its operations and commercial teams and announced a host of new appointments as the No. 1 U.S. airline increases focus on revenue growth and network expansion.
Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters.
U.S. stocks gained on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.
German fashion house Hugo Boss cut its 2019 earnings forecast again, citing weak demand in the United States and Hong Kong, and reported third quarter results that were below its expectations.
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Waving a placard on the picket line outside a General Motors Co truck plant in Flint, Michigan, Robert Bacon says he has no money to spend. His $250-a-week strike pay barely covers his food and gas.
SpaceX CEO Elon Musk and NASA Administrator Jim Bridenstine spoke during a media briefing at SpaceX headquarters.
SpaceX is in the final stages of developing the capsule it will use to launch astronauts and has spent significantly toward that goal.
California Governor Gavin Newsom called a widespread electricity shutdown triggered by a power company to prevent wildfires "unacceptable," saying on Thursday it resulted from years of mismanagement by the utility.
President Donald Trump will meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT on Friday as the world's two biggest economies try to reach a trade agreement, the White House said.
Asian shares and U.S. stock futures rose on Friday after U.S. President Donald Trump said he would meet with China's top trade negotiator, while sterling retreated after rallying on revived hopes of a possible Brexit deal.