Stephen Mancebo, a fourth-generation California dairy farmer with 2,300 cows, has battled ups and downs in his temperamental industry for a quarter-century only to find himself a casualty of a U.S trade war with one…
Tagged By U.S.
Economy, dollar, trade key to U.S. stocks’ global edge
The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its economic and earnings growth advantage, the strength of the…
Mondelez voluntarily recalls some U.S. Ritz cracker products
Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella. Reuters: Business News
U.S. courts allies with free trade offers at G20, France resists
The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a…
Starbucks Will Open Its First Sign Language Café in the U.S.
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Over sorghum salad, U.S. farmers and Chinese buyers chew on trade
Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the U.S. grain at a Texas barbecue this week, as farmers try to woo buyers in the middle of…
China says U.S. blaming Xi for blocking trade deal is ‘bogus’
China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were “shocking” and “bogus” accusations. Reuters: Business…
Japan exports to U.S. fall, business mood sours amid fears of trade war
Japan’s exports to the United States fell for the first time in 17 months and Japanese business sentiment soured amid worries about U.S. President Donald Trump’s protectionist trade policies. Reuters: Business News
EBay revenue misses as weak U.S. sporting season hits StubHub
EBay Inc missed analysts’ estimates for second-quarter revenue on Wednesday, as its online ticket marketplace StubHub had a disappointing quarter, leading the e-commerce website to forecast underwhelming third-quarter results. Reuters: Business News
ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain
Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it…
U.S. oil boom delivers surprise for traders – and it’s costly
The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market….
Facebook, Twitter, Alphabet to testify at U.S. House hearing
The U.S. House Judiciary Committee will hold a hearing on Tuesday to take testimony from Facebook Inc, Alphabet Inc’s YouTube unit and Twitter Inc on whether social media companies are filtering content for political reasons,…
U.S. lifts ban on suppliers selling to China’s ZTE
The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. Reuters: Business News
U.S. ratchets up China trade war, threatens tariffs on $200 billion of goods
The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $ 200 billion worth of Chinese imports, including numerous consumer items,…
Huawei says does not expect U.S. sanctions: press
China’s Huawei, the world’s largest maker of telecommunication network equipment, does not see itself becoming the target of U.S. sanctions and will keep buying U.S. chips this year, one of its three rotating chairmen told…
Instant View: U.S. triggers China tariffs, fuels fears of escalating trade war
The United States and China slapped tit-for-tat duties on $ 34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies…