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Trump trade adviser says tariffs are 'necessary to defend this country'

Trump trade adviser says tariffs are 'necessary to defend this country'

US stocks are mostly higher Wednesday as technology and media companies lead a recovery from the turbulent trading seen the day before. The administration also revived its complaints Tuesday about Ame...

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Supreme Court Rules States Can Charge Online Shoppers Sales Tax

Supreme Court Rules States Can Charge Online Shoppers Sales Tax

In response, online sellers Wayfair , Overstock .com and Newegg , said online retailers could face some 12,000 local tax jurisdictions if the Supreme Court sided with the states . The Small Busi...

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Supreme Court rules on internet sales tax

Supreme Court rules on internet sales tax

Justice Kennedy agreed with them that those cases were wrongly decided, and cited this new thing called "the Internet" as illustrative of his new reasoning. But, if a business did not have a physical ...

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US has 'rebuilt' China: Donald Trump

US has 'rebuilt' China: Donald Trump

AMP Capital chief economist Shane Oliver said though the Australian sharemarket appeared comfortable with Mr Trump's move, there were increasing risks of a global trade war . They included tariffs...

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Asian stocks extend slide, yen up as Sino-US trade dispute escalates

Asian stocks extend slide, yen up as Sino-US trade dispute escalates

It gave no details. FILE - U.S. President Donald Trump signs a memorandum on intellectual property tariffs on high-tech goods from China, at the White House in Washington, DC, U.S., March 22 ...

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China lists United States import items for additional tariffs

China lists United States import items for additional tariffs

Beijing, meanwhile, has issued its own list of possible tariffs on $50 billion in American goods, including aircraft, soybeans and automobiles. "Imposing tariffs places the cost of China's unfair ...

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After report, Trump fires salvos at FBI, Comey, Mueller probe

After report, Trump fires salvos at FBI, Comey, Mueller probe

Those questions - collusion and Trump's possible obstruction of justice - are still being examined by special counsel Robert Mueller , appointed a year ago to take over the FBI's Russian Federati...

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Deputy killed, another wounded in shooting in Kansas City

Deputy killed, another wounded in shooting in Kansas City

Kansas City police have fatally shot a woman who barricaded herself in a shed for hours after she was seen outside with a sword. An inmate overpowered two sheriff's deputies while being transported ...

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China retaliates immediately after United States announces tariffs

China retaliates immediately after United States announces tariffs

The tariffs cover 1,102 separate product categories, according to a list from the US Trade Representatives Office. Trump previously imposed tariffs on steel and aluminum imports from Canada, E...

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McDonald's will sell paper straws in every restaurant in the UK

McDonald's announced Friday that it would start testing an alternative to plastic straws in some of its US restaurants, and would completely phase out the products in some of its European locations. T...

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Court approves AT&T's $85 billion buyout of Time Warner

Court approves AT&T's $85 billion buyout of Time Warner

Comcast said it has offered $65bn (£48.6bn) in cash for Fox's film and television studios and global businesses. Comcast's shares fell 4%, as the price for winning the assets likely just increased....

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Asian shares down on Fed hike, Sino-US trade anxiety

Asian shares down on Fed hike, Sino-US trade anxiety

The Fed expects unemployment to fall to 3.6% this year , and, said Powell, "Most people who want to find jobs are finding them". Fed Governor Lael Brainard, among the most dovish policymakers least...

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Phillies poke fun at IHOP with ridiculous name change

Phillies poke fun at IHOP with ridiculous name change

IHOb's revamped menu features seven different specialty steakburgers: The Jalepeno Kick, Cowboy BBQ, Classic with Bacon, Mega Monster , Mushroom & Swiss, Big Brunch and The Classic. "The world is ...

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Trump vows to 'stop the war games' after Singapore summit

Trump vows to 'stop the war games' after Singapore summit

On Monday evening, Pompeo said that the US' "ultimate objective" remains the complete denuclearisation of the Korean Peninsula , and that Washington is willing to provide "unique security assuran...

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IHOP reveals mystery behind ‘IHOb’: International House of Burgers

IHOP channeled Sesame Street on Monday as it ended speculation about its social media campaign about changing its name from IHOP to IHOb . Some people correctly predicted it would stand for...

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Trump turns tables on G7 allies with free trade `proclamation'

Trump turns tables on G7 allies with free trade `proclamation'

Trudeau's office responded to Trump's tweet saying "We are focused on everything we accomplished here at the #G7 summit". Minutes after that statement was published online, Trump complained about ...

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Porsche: Mission E production version will be called 'Taycan'

Porsche: Mission E production version will be called 'Taycan'

This will enable the auto to accelerate from 0-100 km/h (0-62 mph) in 3.5 seconds and 0-200 km/h (0-124 mph) in less than 12 seconds. The good news is that the Taycan will also have a driving range ...

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USA reaches new settlement with China's ZTE

USA reaches new settlement with China's ZTE

Ross, speaking on CNBC on Thursday, said that ZTE also must put $400 million in escrow, which will be forfeited if there are any violations of the agreement . "If the U.S. is truly going to mak...

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Ex-Cambridge Analytica CEO admits getting Facebook data from researcher

Ex-Cambridge Analytica CEO admits getting Facebook data from researcher

The data was leaked by researcher Alksandr Kogan; after his admission that he did pass on the data to Cambridge Analytica , Nix retracted his version of events to admit his company did receive Face...

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Convince Americans that a trade war will cost them, says Paul Martin

Convince Americans that a trade war will cost them, says Paul Martin

The best yardstick is the 20 percent duty Mexico imposed on USA apples from August 2010 to October 2011, Fryhover said . Mexico imports so much USA pork - almost one-third of what's consumed - that...

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Qatar Airways boss apologizes for remarks on women CEOs

Qatar Airways boss apologizes for remarks on women CEOs

The airline executive later clarified his remarks during an interview with Bloomberg , saying he was "only referring to one individual, I was not referring to the staff in general". The comments were...

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Microsoft's acquisition of open-source icon GitHub is reportedly a done deal

Microsoft's acquisition of open-source icon GitHub is reportedly a done deal

Bloomberg is reporting that Microsoft has made a decision to acquire GitHub for an unknown amount. Microsoft was once considered to be the archnemesis of open-source software, but it has increasing...

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How to Watch Apple's WWDC Keynote This Evening

How to Watch Apple's WWDC Keynote This Evening

Moreover, Alibaba ( BABA - Free Report ) and Xiaomi are notable competitors in this space due to strong demand for their products in China. Will virtual assistant Siri be able to catch up with arc...

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Merkel rules out relief for Italy

Merkel rules out relief for Italy

A key partner in Italy's new coalition, the right-wing League, has been sharply critical of the European Union. German Chancellor Angela Merkel said in an interview on Sunday that she supports t...

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S&P Cuts Rating, Questions Strategy of Deutsche Bank

S&P Cuts Rating, Questions Strategy of Deutsche Bank

S&P said that "relative to peers, Deutsche Bank will remain a negative outlier for some time". Deutsche's newly appointed chief executive Christian Sewing , who unexpectedly replaced John Cryan i...

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Google will not seek follow up Artificial Intelligence for military drone contracts

Three sources who were at the meeting told Gizmodo that Greene attributed Google's decision to let the contract expire "because the backlash has been bad for the company". Maven was Google's fi...

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Why Sears Is Closing Another 72 Stores

Why Sears Is Closing Another 72 Stores

Sears said the company will post a list of the store closings later today with liquidation sales coming soon. The company reported losing $424 million in January through March while revenue fell t...

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Dollar vulnerable as Italy crisis cools, European Union inflation picks up

Dollar vulnerable as Italy crisis cools, European Union inflation picks up

Short-dated Italian bond yields - one of the most sensitive gauges of political risk - soared as much as 80 basis points to their highest since late 2013 as investors' anxiety deepened. E-Mini f...

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United States metals tariffs won't 'break' Canada's economy: Economist

United States metals tariffs won't 'break' Canada's economy: Economist

In announcing the tariffs on Thursday , U.S. Secretary of Commerce Wilbur Ross noted that Canada and Mexico were initially exempted from Trump's tariffs . Shares of Harley-Davidson Inc fell ...

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Amazon US Website Blocked In Australia

Amazon will block Australia-based customers trying to buy products on its overseas sites when the GST is applied to all imported e-commerce items in July. But even with the changes, the number of prod...

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