Setup News Ticker
   BUSINESS/FINANCE NEWS AnalysisSep 18, 2018
More Tariffs on the Way
The U.S.-China trade war escalates with 10% tariffs on $200 billion in Chinese imports.

Trump Today: Trump Today: President appeals to patriotism as China retaliates with tariffs (MarketWatch)
China Retaliates With Tariffs on $60 Billion of U.S. Goods (Wall Street Journal US Business)

CNN/MoneySep 18, 2018
FedEx CEO lashes out against tariffs and trade war
The CEO of FedEx is not happy about President Trump's latest tariffs against China and the escalating global trade war. Not one bit.

Market Snapshot: Stocks rise modestly as investors shrug off intensifying U.S.-China trade fight (MarketWatch)

NPR Topics: BusinessSep 18, 2018
Assessing The Potential Impacts Of Trump's New Round Of Tariffs On Chinese Imports
Economist David Wessel of the Brookings Institution says that workers in certain industries — like those that depend on steel imports — are "definitely going to feel the pain" of the new tariffs.

Reuters Company NewsSep 18, 2018
US STOCKS SNAPSHOT-Wall St opens slightly higher as oil, tech resist tariff woes
U.S. stocks opened slightly higher on Tuesday, buoyed by a rise in oil prices and concessions that analysts said made the latest round of trade tariffs on China less damaging than initially feared.

Stocks open slightly higher in effort to shrug off U.S.-China trade tensions (MarketWatch MarketPulse)
CORRECTED-US STOCKS-Oil, tech sectors resist tariff woes (Reuters Company News)

Reuters BusinessSep 18, 2018
Shares hold ground as U.S. and China ramp up trade war
Who's afraid of the big bad trade war? Not world stock markets, it seems.

Google Business NewsSep 18, 2018
Musk Names Japanese Billionaire for `Dangerous Mission' to Moon - Bloomberg


Japanese billionaire Yusaku Maezawa will hitch the first SpaceX ride around the moon and plans to invite as many as eight artists to join him -- with the rocket company's founder Elon Musk possibly signing up for the space flight. Maezawa will fly on

NYTimes BusinessSep 18, 2018
Facebook Accused of Allowing Bias Against Women in Job Ads
A case filed with federal regulators says the company's targeting technology is used to screen out female candidates in violation of the law.

Yahoo BusinessSep 18, 2018
Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess' and could last 20 years (BABA)
The US and China trade war could last 20 years, Alibaba founder Jack Ma said. Ma made the remark after President Donald Trump ordered the US Trade Representative to impose fresh tariffs on $200 billion worth of Chinese goods. When commenting about his coming retirement, Ma says he has been prepared for it for over 10 years.

Jack Ma: US-China trade war could last 20 years (CNN/Money)
Alibaba's Ma Warns US-China Trade War Could Last 20 Years - Bloomberg (Google Business News) Updates: News DigestSep 18, 2018
497 - DEUTSCHE DWS INVESTMENT TRUST (0000088064) (Filer)
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497 - DEUTSCHE DWS PORTFOLIO TRUST (0000088063) (Filer) ( Updates: News Digest)
497 - DEUTSCHE DWS MARKET TRUST (0000095603) (Filer) ( Updates: News Digest)

Reuters BusinessSep 18, 2018
Apple CEO says optimistic on U.S.-China trade talks
Apple Inc Chief Executive Tim Cook, whose products have been spared from new U.S. tariffs imposed on Chinese goods, said on Tuesday he was optimistic that the United States and China will eventually work through their trade differences.

UPDATE 1-Apple CEO says optimistic on U.S.-China trade talks (Reuters Company News)

Reuters Company NewsSep 18, 2018
UPDATE 2-European shares fall, briefly, as China retaliates with more tariffs
European shares fell on Tuesday after Beijing retaliated with new tariffs on $60 billion worth of U.S. goods, less than 24 hours after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports.

GLOBAL MARKETS-Shares hold ground as U.S. and China ramp up trade war (Reuters Company News)

CNBC BusinessSep 18, 2018
Apple CEO Tim Cook explains why Apple products were exempt from Trump's China tariffs
Cook has been vocal about the ongoing trade disagreement, even speaking directly with Trump about the tariffs.

Reuters Company NewsSep 18, 2018
Hurricane Florence insured losses $1.7 bln to $4.6 bln - AIR Worldwide
Insured losses from winds and storm surge spurred by Hurricane Florence will range from $1.7 billion to $4.6 billion, catastrophe risk modeling firm AIR Worldwide said on Tuesday.

Forbes HeadlinesSep 18, 2018
Tuesday Turnaround? Markets Have Positive Tone As Tariffs Lower Than Expected
The focus today once again zeroes in on tariffs, with a positive mood in the market after overnight gains in Europe and Asia. Tariffs are dominating the news cycle because there's not much else to talk about, but Oracle and FedEx earnings last night both came in somewhat disappointing.

WSJ US NewsSep 18, 2018
Florence Is Creating a Housing Shortage in North Carolina
Finding temporary housing for thousands of North Carolinians displaced by Hurricane Florence could prove more difficult than it was for those uprooted by other recent U.S. storms and hurricanes.

MarketWatchSep 18, 2018
Europe Markets: Europe stocks limp along, dented by trade-war headlines
European stocks were looking at a lackluster session for Tuesday, as trade tensions between the U.S. and China made it hard for markets to get a foothold on gains.

Markets Shrug Off Trump's Tariffs: DealBook's One Thing to Watch Today (NYTimes Business)

Reuters BusinessSep 18, 2018
Apple's CEO says he is optimistic on U.S.-China trade talks
Apple Inc Chief Executive Tim Cook, whose products were spared from new U.S. tariffs on Chinese goods imposed on Monday, said he is optimistic that the United States and China will eventually work through their trade differences.

Washington Post BusinessSep 18, 2018
The Finance 202: Trump's tariffs on Chinese imports are about to get personal
Consumer goods are being targeted.

Escalation in U.S.-Chinese trade conflict hits German firms: BDI (Reuters Business)

CNN/MoneySep 18, 2018
Visa and MasterCard agree to settle swipe fee class action for $6.2 billion
Visa and MasterCard, along with some top US banks, have agreed to pay as much as $6.2 billion in a class action settlement with US retailers over swipe fees.

CNN/MoneySep 18, 2018
TomTom killer? Your next car could come with Google Android
Read full story for latest details.

Wall Street Journal US BusinessSep 18, 2018
Mastercard, Visa Agree to Settle Merchant Antitrust Suit
Mastercard, Visa and other financial institutions have agreed to settle a long-running antitrust lawsuit with merchants over the fees they pay when they accept card payments for a proposed $6.2 billion.

Reuters BusinessSep 18, 2018
Renault-Nissan adopts Android in coup for Google
The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet's Google Android operating system, handing a victory to the U.S. tech giant as it pushes for a bigger share of the infotainment market.

UPDATE 2-Renault-Nissan adopts Android in coup for Google (Reuters Company News)

Google Business NewsSep 18, 2018
Audi launches electric SUV in Tesla's backyard, with assist from Amazon - Reuters


SAN FRANCISCO (Reuters) - German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Inc (AMZN.O) to make recharging its ...

Reuters BusinessSep 18, 2018
Wall Street opens slightly higher as oil, tech resist tariff woes
U.S. stocks opened slightly higher on Tuesday, buoyed by a rise in oil prices and concessions that analysts said made the latest round of trade tariffs on China less damaging than initially feared.

AdWeek NewsSep 18, 2018
Facebook Is Matching Up to $1M in Hurricane Florence Relief Donations to the American Red Cross
Facebook announced that it will match up to $1 million in donations to the American Red Cross in support of relief efforts for victims of Hurricane Florence. The social network activated its Safety Check tool for Florence last Friday, enabling people to mark themselves safe and check on the wellbeing of family and friends. Facebook...

Reuters BusinessSep 18, 2018
Ferrari plans 15 new models, SUV to drive earnings growth
Ferrari plans to launch 15 new models, including hybrid cars, a utility vehicle and more special editions as part of its new chief executive's efforts to double core earnings by 2022.

Ferrari's plan through 2022 includes 15 new models, more hybrids, retail price growth (Automotive News Breaking News) - Financial MarketsSep 18, 2018
Wall Street set for modest rebound as US tariffs loom
Markets register largely muted reaction to latest trade war escalation

The Motley FoolSep 18, 2018
When Wage Growth Attacks, and When Business Gets Personal
Wall Street grew a bit concerned in some quarters as rising wages prompted inflation fears. Elsewhere, key man risk took its toll on the stocks of a couple of major companies.

MarketWatchSep 18, 2018
The Wall Street Journal: Facebook sought access to financial firms' customer data for years
Facebook Inc. has been under scrutiny for months over its handling of personal data, but it has been haggling with financial firms over its access to sensitive financial data for years.

MarketWatch MarketPulseSep 18, 2018
UPDATE: Viking Therapeutics stock rockets 140% after positive trial of non-alcoholic fatty liver treatment
Viking Therapeutics Inc. stock rocketed 140% in premarket trade Tuesday, after the company reported positive results in a mid-stage trial of a treatment for non-alcoholic fatty liver disease, or NAFLD. The San Diego-based biotech said the Phase 2 trial of VK2809, its novel liver-selective thyroid receptor beta agonist, in patients NAFLD and elevated low-density lipoprotein cholesterol met its primary goal of reducing LDL-C compared with placebo. It also met its secondary endpoint of showing significant reductions in liver fat content. Madrigal Pharmaceuticals Inc. , a rival company working on the same class of drug, had shares drop 12.5% in premarket trade. Viking shares have gained 156% in 2018 through Monday, while the S&P 500 has gained 8%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

CNN/MoneySep 18, 2018
Meet the tech billionaire who will be SpaceX's first moon tourist
Japanese billionaire Yusaku Maezawa has made a name for himself as a rock musician, an online fashion mogul and, now, Earth's first moon tourist.

With Moon as His Muse, Japanese Billionaire Signs Up for SpaceX Voyage (NYTimes Business)

Yahoo BusinessSep 18, 2018
China hits back by levying tariffs on $60 billion of U.S. goods
China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for new U.S tariffs, as previously planned, but has reduced the volume of tariffs that it will collect on the products. The tariff rates will be levied at 5 and 10 percent, instead of the previously proposed rates of 5, 10, 20 and 25 percent, the Finance Ministry said on its website late on Tuesday. China will impose a 10 percent tariff on U.S. products it previously designated for a rate of 20 and 25 percent.

Reuters BusinessSep 18, 2018
Ireland collects disputed Apple taxes in full ahead of appeal
Ireland has fully recovered 13.1 billion euros in disputed taxes from Apple Inc plus interest of 1.2 billion which it will hold in a escrow fund pending its appeal against an EU tax ruling, Ireland's finance minister said on Tuesday.

UPDATE 1-Ireland collects disputed Apple taxes in full ahead of appeal (Reuters Company News)
Ireland collects 14.3 billion euros from Apple ahead of tax appeal (Reuters Business)

Google Business NewsSep 18, 2018
Stocks Rise on Softer Tariffs; Treasuries Yield 3%: Markets Wrap - Bloomberg


David Bloom, global head of currency strategy at HSBC, discusses the U.S. dollar and where he sees it heading. LISTEN TO ARTICLE. 4:01. SHARE THIS ARTICLE. Share · Tweet · Post · Email. Global markets reacted to the latest escalation of the U.S.-China ...
Markets in Asia and Europe Unfazed by Trade-W

Google Business NewsSep 18, 2018
Markets in Asia and Europe Unfazed by Trade-War Escalation - New York Times

New York Times

The trade war between the United States and China has escalated. Markets are largely shrugging it off. Stock indexes on Wall Street were poised to rise on Tuesday morning, after China's stock market closed higher and Europe's main indexes were all up ...
US Stocks Shrug Off New Tariffs to Post GainsWall Street Journal

Yahoo BusinessSep 18, 2018
Alibaba's Jack Ma says U.S.-China trade friction could last 20 years
Alibaba chairman Jack Ma said on Tuesday that trade frictions between the United States and China could last for two decades and would be "a mess" for all parties involved, citing weak trade rules. Ma was speaking at an Alibaba investor conference hours after Washington said it would impose duties on an extra $200 billion worth of Chinese imports, drawing a warning from Beijing that it would retaliate. Ma said trade tensions would likely impact Chinese and foreign companies immediately and negatively.

Washington Post BusinessSep 18, 2018
Yusaku Maezawa just purchased every seat on the SpaceX flight to the moon. Who is he?
Maezawa plans to take artists on the SpaceX voyage with him as part of a global art project called Dear Moon.

Reuters Company NewsSep 18, 2018
UPDATE 1-European shares follow Asia up after new U.S. trade salvo
European shares followed their Asian peers upwards after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports and warned of duties on more products if China took retaliatory action.

Reuters BusinessSep 18, 2018
Ferrari's targets and SUV plans in spotlight as Camilleri takes the wheel
Ferrari's new boss will explain on Tuesday how he intends to deliver on mid-term targets, aiming to convince investors the supercar maker can maintain the pace set by his illustrious predecessor.

WSJ US NewsSep 17, 2018
Florence Pushes Some North Carolina Dams to the Brink
Flooding from the storm remained a major concern as North Carolina officials monitored vulnerable dams for potential breaches, even as the storm moved north.

The Motley FoolSep 17, 2018
New Tesla Rival Lucid Motors Says "Funding Secured"
The promising electric-vehicle startup now has a crucial $1 billion incoming.

Accounting TodaySep 17, 2018
IRS offers tax relief to victims of Hurricane Florence
The Internal Revenue Service extended deadlines for victims of Hurricane Florence victims in parts of North Carolina and elsewhere.

Google Market NewsSep 17, 2018
Here are some of the ways insiders think Marc Benioff could make Time Magazine great again after the $190 million deal - Business Insider

Business Insider

Salesforce CEO Marc Benioff and his wife Lynne just bought Time Magazine for $190 million — but it's unclear what they'll do with it. Insiders at the company are thrilled with the acquisition and hopeful that an insurgence of cash will mean more

Amazon pitches customers on buying from just U.S. small businesses (USA Today Money)

Google Business NewsSep 17, 2018
US Stock Futures Fall After Trump Announces New Round of Tariffs - New York Times

Washington Post

NEW YORK — U.S. stock index futures extended losses in post-market trading late Monday after President Trump announced a new round of tariffs on about $200 billion worth of Chinese imports. Trump said he will impose 10 percent U.S. tariffs on about ...

WSJ US NewsSep 17, 2018
Kavanaugh, His Accuser Will Testify Before Senate Panel
The Senate Judiciary Committee will hold a hearing next week with Judge Brett Kavanaugh and the woman who has accused him of sexual assault, setting the stage for a dramatic public face-off.

GOP plans Senate hearing next week for Kavanaugh, accuser (Yahoo Business)

Automotive News Breaking NewsSep 17, 2018
Ferrari investors want assurance on targets and SUV plans
Ferrari's new boss, Louis Camilleri, must convince investors that the automaker can live up to his predecessor Sergio Marchionne's goals of doubling core earnings by 2022 and introducing an SUV to the traditional supercar lineup.
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