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Updated: 4 hours 56 min ago

After Harley spat, Trump says other motorcycle firms may come to U.S.

Tue, 07/03/2018 - 1:24pm
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday his administration is working to bring other motorcycle companies to the United States, following Harley-Davidson Inc's decision to shift some production for European customers overseas.

Trump to urge colleges to ignore race in admissions: media

Tue, 07/03/2018 - 10:54am
WASHINGTON (Reuters) - The Trump administration plans to encourage colleges to ignore race in their admissions process, abandoning guidelines that called on universities to consider race as a way of promoting diversity, the Wall Street Journal and New York Times reported on Tuesday.

Iran's Rouhani hints at threat to neighbors' exports if oil sales halted

Tue, 07/03/2018 - 10:49am
BERN (Reuters) - President Hassan Rouhani appeared on Tuesday to threaten to disrupt oil shipments from neighboring countries if Washington presses ahead with its goal of forcing all countries to stop buying Iranian oil.

Exclusive: China presses Europe for anti-U.S. alliance on trade

Tue, 07/03/2018 - 10:33am
BRUSSELS/BERLIN (Reuters) - China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said.

Thai lucky 13 found, but still stuck as divers draw up cave rescue plans

Tue, 07/03/2018 - 9:50am
CHIANG RAI, Thailand (Reuters) - Rescuers battled intensifying rain to furiously pump water from a cave in Thailand on Tuesday, as officials thrashed out plans to extract a young soccer team located by divers after being trapped and incommunicado for 10 days.

Former Malaysian premier Najib arrested, to be charged Wednesday

Tue, 07/03/2018 - 4:22am
KUALA LUMPUR (Reuters) - Malaysian anti-corruption agents arrested former Prime Minister Najib Razak on Tuesday following a probe into how money went missing from a state fund he founded almost a decade ago and he was expected to be charged in court on Wednesday.

World stocks rise off 2-1/2 month low, China soothes currency markets

Tue, 07/03/2018 - 4:19am
LONDON (Reuters) - World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence.

Trump moves to block China Mobile's U.S. entry on security concerns

Tue, 07/03/2018 - 3:43am
SHANGHAI/HONG KONG (Reuters) - The U.S. government has moved to block China Mobile from offering services to the U.S. telecommunications market, recommending its application be rejected because the firm posed national security risks.

Found alive on 10th day, Thai boys' cave ordeal not over as rain threatens

Tue, 07/03/2018 - 3:35am
CHIANG RAI, Thailand (Reuters) - Rescuers raced to pump water from a cave in northern Thailand on Tuesday as forecasted heavy rain threatened to complicate efforts to free a young soccer team found trapped for 10 days, an ordeal officials warned they may have to bear longer.

Shouting CEO, changing rules: inside Tesla's Model 3-building sprint

Tue, 07/03/2018 - 1:46am
SAN FRANCISCO (Reuters) - A tense and short-tempered Chief Executive Elon Musk barked at engineers on the Fremont, California assembly line. Tesla Inc pulled workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. And weekend shifts were mandatory.

Pompeo to head to North Korea as doubts mount about its intentions

Tue, 07/03/2018 - 12:13am
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo will leave for North Korea on Thursday seeking agreement on a plan for the country's denuclearization, despite mounting doubts about Pyongyang's willingness to abandon a weapons program that threatens the United States and its allies.

Loeb's Third Point takes new approach in battle with Nestle

Mon, 07/02/2018 - 6:06pm
BOSTON (Reuters) - For a year, billionaire hedge fund manager Daniel Loeb has watched quietly from afar as Nestle SA tries to energize its business. But his patience has worn thin and he has been telling associates and his own investors that time is now up for the world's No. 1 food company.

Probe into Facebook's data breach broadens: Washington Post

Mon, 07/02/2018 - 5:43pm
(Reuters) - A federal investigation into Facebook Inc's data breach with political consultancy Cambridge Analytica has broadened focus on the actions and statements of the tech giant, the Washington Post reported on Monday, citing people familiar with the inquiries.

Trump makes veiled WTO threat after EU warning on car tariffs

Mon, 07/02/2018 - 5:24pm
WASHINGTON/BRUSSELS (Reuters) - U.S. President Donald Trump warned the World Trade Organization on Monday that "we'll be doing something" if the United States is not treated properly, just hours after the European Union said that U.S. automotive tariffs would hurt its own vehicle industry and prompt retaliation.

Tesla's all-nighter to hit production goal fails to convince Wall Street

Mon, 07/02/2018 - 4:01pm
(Reuters) - Tesla Inc's burning the midnight oil to hit a long-elusive target of making 5,000 Model 3 vehicles per week failed to convince Wall Street that the electric carmaker could sustain that production pace, sending shares down 2.3 percent on Monday.

Wall Street ends higher, helped by tech rally

Mon, 07/02/2018 - 3:58pm
(Reuters) - Wall Street ended higher on Monday after a choppy session, with gains in Apple and other technology stocks offsetting worries about an escalating trade war between Washington and its trading partners.

Trump, Lopez Obrador discuss immigration, trade during first call

Mon, 07/02/2018 - 3:29pm
MEXICO CITY (Reuters) - U.S. President Donald Trump and Mexico's next leader, Andres Manuel Lopez Obrador discussed immigration, trade and security issues in a phone call on Monday, the two mavericks beginning a dialogue amid strained relations between the neighbors.

Suspect in planned Cleveland July 4 bombing appears in court

Mon, 07/02/2018 - 3:02pm
CLEVELAND/WASHINGTON (Reuters) - An Ohio man arrested on suspicion of planning to detonate a bomb at Cleveland's Fourth of July celebrations and then stand by and watch "it go off" was granted a public defender on Monday during his initial appearance in court.

Trump meets with Supreme Court contenders, two in focus

Mon, 07/02/2018 - 2:08pm
WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump said he met with four potential Supreme Court justices on Monday morning, while a person familiar with the selection process said Trump was focused most keenly on two people, although others were still in contention.

Harvey Weinstein charged with assaulting third woman

Mon, 07/02/2018 - 12:27pm
NEW YORK (Reuters) - The Manhattan district attorney on Monday announced new criminal charges against film producer Harvey Weinstein, accusing him of sexually assaulting a third woman in addition to the two mentioned in earlier charges.