WASHINGTON (AP) — President Donald Trump made clear Thursday that U.S. tariffs against Chinese imports will take effect early Friday and that he’s prepared to sharply escalate a trade war between the world’s two biggest economies. …read more […]
WASHINGTON/BEIJING (Reuters) – President Donald Trump said on Thursday the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade war.
Chipzilla’s about to get lapped by its fiercest competitor. …read more […]
Concerns about tariffs, slowing sales, and rising interest rates are spooking investors. …read more […]
With shares trading more than 150% higher over the past 12 months, expectations are high. …read more […]
It’s not just about Tesla. In fact, it may mostly not be about Tesla. …read more […]
U.S. Environmental Protection Agency chief Scott Pruitt, who pleased President Donald Trump by rolling back environmental regulations but came under heavy fire in a series of ethics controversies, has resigned, Trump said on Thursday. Pruitt was under scrutiny for months over first-class travel at taxpayer expense, security spending, connections with lobbyists and industry groups, accusations of using his office for favors, a $43,000 soundproof phone booth for his office and his rental of a high-end condo from an energy lobbyist’s wife. Numerous Democratic lawmakers and even some fellow Republicans had called for his resignation. …read more […]
Thai authorities and representatives for Elon Musk are discussing the possibility of using resources from Musk’s companies to help rescue the boys’ soccer team that is trapped in a cave, Bloomberg first reported. According to the publication, Musk may offer Tesla’s Powerwall home batteries or technology from SpaceX or The Boring Company to help locate and rescue the team, though Thai officials have not announced whether they will use Musk’s resources. …read more […]
Shares of Nvidia (NVDA) gained about 2.3% on Thursday as rumors of the company’s upcoming gaming GPU launch continue to heat up. …read more […]
Musk went after Business Insider’s Linette Lopez asking her if she’s ever provided him short seller Jim Chanos with material non-public information about Tesla? and also asking her in an earlier tweet if she “compensated or promise to compensate Martin Tripp – the Tesla whistleblower’ for inside information about Tesla?”
Following Musk’s tweets, Business Insider US editor in chief Alyson Shontell said in a tweet of her own, that Business Insider does not compensate sources, did not do so here, that is stands by Lopez’s reporting and invite Elon Musk or anyone from Tesla to further discuss what …read more […]
Environmental Protection Agency Administrator Scott Pruitt resigned Thursday amid ethics investigations of outsized security spending, first-class flights and a sweetheart condo lease. With Pruitt’s departure, President Donald Trump loses an administrator many conservatives regarded as one of the more effective members of his Cabinet. In a resignation letter released to media outlets, Pruitt expressed no regret for any actions he had taken since being tapped by Trump to lead EPA last year. …read more […]
NEW YORK (Reuters) – Wall Street’s major indexes rose on Thursday as reports that the United States and the European Union may agree to withdraw auto tariffs fostered optimism on international trade relations among investors.
PARIS (Reuters) – Airbus has failed to break deadlock with AirAsia over the fate of a multi-billion-dollar order seen as key to the future of its A330neo passenger jet, people familiar with the matter said.
The biotech’s share price dropped on no news — but perhaps plenty of worries. …read more […]
The Trump administration’s decision to use DNA testing to help reunite children separated from their parents at the Mexican border is sparking concerns among privacy advocates about how data will be used. The Department of Health and Human Services is analyzing the DNA of some of the nearly 3,000 separated children in U.S. custody, Health and Human Services Secretary Alex Azar said Thursday in a conference call with reporters. The agency is also testing adults who claim to be a child’s parent to verify familial relationships. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
