Stocks dive as US proposes more China tariffs; Dow falls 620

Stocks dive as US proposes more China tariffs; Dow falls 620

article Another increase in trade tensions has stocks falling sharply Friday as the U.S. considers an even larger set of tariffs on imports from China and the two countries exchange pointed statements. Technology companies and banks are taking some of the worst losses. Continue Reading Below Stocks have changed direction again and again this week as investors tried to get a sense of whether a trade dispute between the two nations will escalate, an outcome…

Read More

Spain, Portugal bust gang smuggling glass eels to Asia

Spain, Portugal bust gang smuggling glass eels to Asia

article Spanish and Portuguese authorities announced Friday that they have taken down a criminal network that has been making large profits by smuggling glass eels to Asia. Continue Reading Below Authorities across the continent have been trying to tackle the smugglers, who take European glass eels to Asian countries, where they are raised into adults and their meat commands high prices for local delicacies. The trading of the European eel has been restricted since 2009…

Read More

Stocks sink as investors fear escalation of trade tensions between U.S. and China; Dow industrials down 600 points

Stocks sink as investors fear escalation of trade tensions between U.S. and China; Dow industrials down 600 points

Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions. This material may not be published, broadcast, rewritten, or redistributed. ©2018 FOX…

Read More

Interior secretary: ‘Opposition’ to offshore drill plan

Interior secretary: ‘Opposition’ to offshore drill plan

U.S. Interior Secretary Ryan Zinke (ZINK’-ee) acknowledges there is “a lot of opposition” to President Donald Trump’s plan to open most of the nation’s coastline to oil and gas drilling. At a forum on offshore wind energy Friday in Plainsboro, New Jersey, the interior secretary touted Trump’s “all of the above” energy menu that calls for oil and gas, as well as renewable energy projects. Continue Reading Below But he noted strong opposition to the…

Read More

Rhode Island releases redacted version of Amazon ‘HQ2’ bid

Rhode Island releases redacted version of Amazon ‘HQ2’ bid

Rhode Island officials tried to lure Amazon to build its second headquarters in the state by offering the long-vacant “Superman building” as a base, pitching its low-cost proximity to Northeast hubs like Boston and New York and promising to strengthen its infrastructure. Those details were included in the state’s pitch, released this week by the Rhode Island Commerce Corp. Continue Reading Below The state refused to release the bid for months, even after it failed…

Read More

UFC star McGregor facing criminal charges in New York

UFC star McGregor facing criminal charges in New York

article UFC star Conor McGregor is facing criminal charges after a backstage melee injured two fighters and forced the removal of three bouts on Saturday night from UFC’s biggest card this year. Continue Reading Below Video footage appears to show the promotion’s most bankable star throwing a hand truck at a bus full of fighters on Thursday after a news conference for UFC 223 at Brooklyn’s Barclays Center. The New York Police Department says McGregor…

Read More

MoviePass eyes 5M user mark after Moviefone deal

MoviePass eyes 5M user mark after Moviefone deal

The subscription-based service MoviePass acquired film listing provider Moviefone this week in hopes of branching out into new revenue streams and continuing to grow its platform with new access to 7 million unique visitors, according to Helios & Matheson Analytics Chairman Ted Farnsworth. Continue Reading Below Helios & Matheson, majority owner of MoviePass, agreed to buy Moviefone from Oath Inc., a subsidiary of Verizon Communications, the companies announced on Thursday. It marks the latest move by MoviePass,…

Read More

Amazon ignores Trump’s attacks as it molds a business empire

Amazon ignores Trump’s attacks as it molds a business empire

article Online retail giant Amazon is ignoring Donald Trump’s barrage of taunts and threats, focusing instead on expanding its reach into a swath of industries that the president’s broadsides haven’t come close to hitting. Continue Reading Below Trump has hurled one charge after another at the company over the last week. He’s assailed Amazon’s contract with the U.S. Postal Service as a “scam,” accused the company of not paying enough taxes, and declared that its…

Read More

Ford recalls 350K F-150s, Expeditions over faulty transmission gears

Ford recalls 350K F-150s, Expeditions over faulty transmission gears

U.S. automaker Ford is recalling 350,000 vehicles over a transmission problem. Continue Reading Below The company said on Friday a clip that is designed to lock the transmission gear in place in the recalled vehicles may not fully secure itself in the appropriate position, or it could become dislodged, allowing the vehicle to shift gears on its own. Ford said there may be no warning light or sign when the driver gets out of the…

Read More

Markets Right Now: Renewed trade tensions send stocks lower

Markets Right Now: Renewed trade tensions send stocks lower

article The latest on developments in financial markets (all times local): Continue Reading Below 9:35 a.m. Stocks are opening lower after President Donald Trump proposed more tariffs on Chinese goods. Industrial companies were especially hard hit by the escalation in trade tensions Friday. Aerospace giant Boeing fell 1.1 percent. There wasn’t much for investors to like in the government’s latest jobs report either. Employers added 103,000 jobs last month, the weakest showing in months, and…

Read More
1 873 874 875 876 877 1,541