Month: June 2018

(Reuters) – U.S. stocks rose on Wednesday after the Trump administration eased its stance on curbing Chinese investments in American technologies and as oil prices surged.

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WASHINGTON (Reuters) – The U.S. Justice Department is set to grant antitrust approval for Walt Disney Co to acquire most of Twenty-First Century Fox Inc’s assets as early as Wednesday, a source familiar with the matter said.

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(Reuters) – Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs as it looks to reduce costs in the wake of slowing sales of its Yoplait yogurt, as well as rising commodity and freight expenses.

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(Reuters) – Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the snack and frozen food markets amid fierce competition in the packaged food industry.

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(Reuters) – U.S. stocks rose on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.

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(Reuters) – U.S. stocks opened higher on Wednesday after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.

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WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.

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(Reuters) – U.S. stock index futures rose on Wednesday, reversing course from sharp losses earlier, after the Trump administration said it would use a strengthened security review process to deal with threats from Chinese investments in domestic technologies, instead of imposing China-specific restrictions.

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WASHINGTON (Reuters) – New orders for key U.S.-made capital goods and shipments unexpectedly fell in May, but data for the prior month was revised higher, suggesting moderate growth in business spending on equipment in the second quarter.

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