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Updated: 3 hours 42 min ago

GE beats on EPS but trims cash flow target; shares fall

Fri, 07/20/2018 - 11:09am
General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower.

Factbox: Impact of U.S-China trade tariffs on U.S. companies

Fri, 07/20/2018 - 10:51am
Several U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States and China.

GE CEO says China tariffs' 'gross cost' could be $400 million

Fri, 07/20/2018 - 10:41am
General Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its costs by $300 million to $400 million overall before steps to lessen the impact, Chief Executive John Flannery said on Friday.

U.S. attorneys summoned to court to account for separated families

Fri, 07/20/2018 - 10:34am
Attorneys for the U.S. government were due in court on Friday to update a federal judge on efforts to reunite some 2,500 immigrant children separated from their parents at the U.S.-Mexico border as part of a crackdown on illegal immigration.

At Texas border, joy and chaos as U.S. reunites migrant families

Fri, 07/20/2018 - 9:54am
Luis Campos, a Dallas attorney, showed up at a Texas immigrant detention facility close to the U.S.-Mexico border on Wednesday morning expecting to represent a client before an immigration judge.

Branson, Missouri, tourist cheer marred by 'duck boat' tragedy

Fri, 07/20/2018 - 8:18am
The cheer of Branson, Missouri, a Midwestern tourist destination known for bucolic scenery, country music and family-friendly attractions like a toy museum, turned somber Friday after at least 13 people died when the "duck boat" they were riding in sank.

Factbox: Impact of trade tariffs on European companies

Fri, 07/20/2018 - 8:11am
Some European companies are rethinking their strategies to cushion against the impact of trade tensions between the world's two biggest economies, the United States and China.

Sanctions law behind Putin's request to Trump for former U.S. officials

Fri, 07/20/2018 - 6:17am
Russian President Vladimir Putin's request to U.S. President Donald Trump for a joint investigation of former U.S. officials sought by the Kremlin for "illegal activities," including a U.S. ambassador to Russia, is just the latest effort in a years-long campaign to undermine a U.S. law that imposes financial sanctions on Putin's officials.

Myanmar police insisted on meeting, gave documents: Reuters reporter

Fri, 07/20/2018 - 5:54am
A Reuters reporter accused of obtaining secret state documents in Myanmar told a court on Monday a policeman had called him on the day he was arrested and insisted on a meeting, at which the officer abruptly handed some papers to him and a colleague.

Russia ready to discuss Putin Washington visit: Ifax

Fri, 07/20/2018 - 4:24am
Russia is ready to discuss a proposed new meeting between Russian President Vladimir Putin and his U.S. counterpart Donald Trump, Interfax news agency cited Russia's ambassador to the United States, Anatoly Antonov, as saying on Friday.

At least 11 drown as 'duck boat' capsizes in Missouri: police

Fri, 07/20/2018 - 3:40am
At least 11 people including children drowned when an amphibious "duck boat" carrying 31 people capsized and sank in stormy weather on a lake in Missouri on Thursday.

Trump invites Putin to Washington despite U.S. uproar over Helsinki summit

Fri, 07/20/2018 - 3:36am
President Donald Trump has invited Russian President Vladimir Putin to Washington this autumn, the White House said on Thursday, a daring rebuttal to the torrent of criticism in the United States over Trump's failure to publicly confront Putin at their first summit for Moscow's meddling in the 2016 election.

Apple Watch, FitBit could feel cost of U.S. tariffs

Fri, 07/20/2018 - 12:55am
The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.

League and union 'working on a resolution' to anthem issue

Thu, 07/19/2018 - 10:32pm
The NFL and the union representing its players are working on a resolution to the league's national anthem policy, the two sides said in a joint statement on Thursday.

Bulk of families separated at U.S.-Mexico border remain apart

Thu, 07/19/2018 - 9:49pm
With one week left on a court-ordered deadline to reunite children and parents separated by U.S. immigration officials, government lawyers reported on Thursday that 364 of some 2,500 families with children aged 5 and older have been brought back together.It was unclear from the status report, filed as part of an American Civil Liberties Union lawsuit challenging parent-child separations at the border, exactly how many more reunifications were likely.

Oil majors win dismissal of New York City climate lawsuit

Thu, 07/19/2018 - 8:20pm
A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels.

Trump criticizes Federal Reserve interest rate policy despite strong economy

Thu, 07/19/2018 - 6:48pm
U.S. President Donald Trump on Thursday criticized Federal Reserve policy even though most economists believe the highest inflation in seven years and lowest unemployment in 40 years justify recent interest rate rises and a strong U.S. dollar.

EU, Mexico automakers blast Trump auto tariff plan

Thu, 07/19/2018 - 5:56pm
The Trump administration on Thursday came under withering criticism from automakers, foreign governments and others as officials consider imposing tariffs of up to 25 percent on imported cars and parts, a levy that could hike vehicle costs, hurting auto sales and industry jobs.

Trump and dollar: friend or foe?

Thu, 07/19/2018 - 5:28pm
Donald Trump's comments that a strong dollar "puts us at a disadvantage" caused an instant fall in the greenback on Thursday and marked another example of the U.S. president commenting directly - and sometimes contradictorily - on the country's currency.

Trump invites Putin to Washington after interview furor

Thu, 07/19/2018 - 4:39pm
U.S. President Donald Trump rejected Russian President Vladimir Putin's proposal that Russian authorities be allowed to question American citizens, the White House said on Thursday, after the offer drew fierce criticism in the United States.

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