Trade deal removes major hurdle for rally in Apple and tech
SAN FRANCISCO (Reuters) - U.S. President Donald Trump's limited trade deal with China removes a major hurdle for Apple
and other technology stocks that have already surged this year to record highs.
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) - The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.
Take Five: What's the deal?
LONDON (Reuters) -
Fed policymakers see U.S. economy on good footing
(Reuters) - The U.S. economy is doing well and looks set to stay that way next year, two top Federal Reserve policymakers said on Friday, remarks that suggest they are content to leave interest rates where they are.
Lackluster U.S. retail sales dim fourth quarter economic growth outlook
WASHINGTON (Reuters) - U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter.
Tech industry asks U.S. court to reconsider net neutrality ruling
WASHINGTON (Reuters) - Trade groups representing major technology companies and advocacy groups on Friday asked a U.S. appeals court to reconsider its October ruling that largely upheld the 2017 repeal of landmark net neutrality rules.
How ethanol plant shutdowns deepen pain for U.S. corn farmers
RACCOON TOWNSHIP, Ind./NEW YORK (Reuters) - When the U.S. ethanol industry was booming, Indiana farmer Paul Hodgen made good money selling about a quarter of his crop to a local facility that produced the corn-based fuel.
Italian lender Popolare di Bari put into special administration
ROME (Reuters) - The Bank of Italy placed Banca Popolare di Bari
under special administration on Friday as a crisis at the cooperative lender heaped pressure on the shaky coalition government headed by Prime Minister Giuseppe Conte.
Morgan Stanley CEO says no immediate plans to step down
(Reuters) - Morgan Stanley
Chief Executive Officer James Gorman has no immediate plans to step down and is developing a strong second rung of leadership, the Wall Street banker told CNBC on Friday.
NBCUniversal CEO Steve Burke to step down next year
(Reuters) - NBCUniversal Chief Executive Steve Burke will step down next year and be replaced by NBCUniversal Film and Entertainment Chairman Jeff Shell, a source familiar with the matter said on Friday.