News

Fri, 22 Jun 2018 04:58:00 -0400
LONDON (Reuters) - World shares rose on Friday but were set to end a second week lower amid intensifying worries over the fallout of a trade dispute resulting from U.S. tariffs, while oil prices were higher ahead of an OPEC meeting later in the day.
Fri, 22 Jun 2018 05:47:29 -0400
BEIJING/SHANGHAI (Reuters) - U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernization, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted.
Thu, 21 Jun 2018 17:38:53 -0400
WASHINGTON (Reuters) - States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals.
Fri, 22 Jun 2018 02:52:47 -0400
SAN FRANCISCO (Reuters) - Police in Tempe, Arizona said evidence showed the "safety" driver behind the wheel of a self-driving Uber was distracted and streaming a television show on her phone right up until about the time of a fatal accident in March, deeming the crash that rocked the nascent industry "entirely avoidable."
Thu, 21 Jun 2018 19:11:16 -0400
(Reuters) - Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy.
Fri, 22 Jun 2018 05:59:02 -0400
VIENNA (Reuters) - OPEC moved closer on Friday toward boosting oil output as its leader Saudi Arabia appeared to have persuaded arch-rival Iran to cooperate, after major consumers warned of a supply shortage.
Thu, 21 Jun 2018 21:12:19 -0400
LOS ANGELES/SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.
Fri, 22 Jun 2018 06:40:52 -0400
PARIS/LONDON (Reuters) - Airbus issued its strongest warning yet over the impact of Britain's departure from the European Union, saying a withdrawal without a deal would force it to reconsider its long-term position and put thousands of British jobs at risk.
Thu, 21 Jun 2018 19:30:29 -0400
NEW YORK (Reuters) - Complying with a U.S. Supreme Court ruling on Thursday that forces online retailers to collect sales tax just like their brick-and-mortar counterparts will be a heavy burden for smaller e-commerce businesses.
Fri, 22 Jun 2018 05:57:01 -0400
PARIS (Reuters) - French supermarket chain Casino and cosmetics group L'Oreal are launching new beauty stores in Paris this weekend, the latest effort by brick and mortar retailers to retain customers in the face of online competition.