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Home » USA

Trump directs government to minimize procurement from China

01/15/2021 Business

FILE PHOTO: U.S. President Donald Trump shakes hands with China’s President Xi Jinping before starting their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File PhotoWASHINGTON (Reuters) – In

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Wall Street closes lower as banks, energy shares tumble

01/15/2021 Business

NEW YORK (Reuters) – Wall Street’s main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil

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Wall Street drops as big banks fall after results

01/15/2021 Business

(Reuters) – Wall Street’s main indexes dropped on Friday, weighed down by losses in major U.S. lenders after their earnings reports, while incoming President Joe Biden’s $1.9 trillion stimulus plan also sparked fears of an

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PepsiCo suspends all political contributions

01/15/2021 Business

FILE PHOTO: The Pepsi logo is pictured in Irwindale, California, U.S., July 11, 2017. REUTERS/Mario Anzuoni(Reuters) – PepsiCo Inc said on Friday it would suspend political donations, joining a long list of companies that are

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Futures inch lower ahead of results from Wall Street lenders

01/15/2021 Business

(Reuters) – U.S. stock index futures slipped on Friday as optimism over a $1.9 trillion stimulus plan unveiled by incoming President Joe Biden faded with investors turning to quarterly reports from major Wall Street banks.FILE

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Biden plan to pump $1.9 trillion into pandemic-hit economy: report

01/14/2021 Business

WILMINGTON, Del. (Reuters) – President-elect Joe Biden will unveil a stimulus proposal on Thursday designed to jump-start the economy during the coronavirus pandemic and help minority communities with around $1.9 trillion in aid.FILE PHOTO: U.S.

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Exclusive: Trump administration adds China's Comac, Xiaomi to Chinese military blacklist

01/14/2021 Business

Slideshow ( 2 images )WASHINGTON (Reuters) – The Trump administration on Thursday added nine Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi, according to a

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Wall Street gains steadily while impeachment hearings get underway

01/13/2021 Business

(Reuters) – Wall Street’s three major indexes were advancing slightly after Wednesday’s choppy morning session as investors appeared to be taking a wait-and-see approach while Congress began impeachment hearings.FILE PHOTO: The boot on the statue

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Visa temporarily suspends all political donations

01/12/2021 Business

FILE PHOTO: A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration(Reuters) – Visa Inc said on Tuesday its political action committee had temporarily suspended

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Las Vegas casino magnate, Republican donor Sheldon Adelson dies

01/12/2021 Business

Slideshow ( 4 images )(Reuters) – American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world’s richest men and became a potent supporter of U.S. President Donald Trump

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