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U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs

Reuters News - June 25, 2019 - 8:11pm
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
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Wayfair employee walkout called over alleged furniture sales to U.S. migrant camp

Reuters News - June 25, 2019 - 7:43pm
Wayfair Inc came under pressure on Tuesday after hundreds of employees were reported to be planning a walkout over the retailer's alleged sale of more than $200,000 in bedroom furniture for a Texas detention facility for migrant children.
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Tesla faces delivery bottleneck at close of second quarter: Electrek

Reuters News - June 25, 2019 - 7:21pm
Shares of Tesla Inc fell 1.7% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter, threatening its goal of a new record.
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Exclusive: Investors with $34 trillion demand urgent climate change action

Reuters News - June 25, 2019 - 7:09pm
Investors managing more than $34 trillion in assets, nearly half the world's invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world's 20 biggest economies meeting this week.
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U.S. border agency acting head leaving amid child detentions outcry

Reuters News - June 25, 2019 - 6:52pm
The acting commissioner of the U.S. Customs and Border Protection (CBP) agency, John Sanders, is resigning and will leave his post on July 5, the agency said on Tuesday, a move that coincides with an outcry over the treatment of detained migrant children.
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U.S. congressman spent campaign cash on 'romantic liaisons': prosecutors

Reuters News - June 25, 2019 - 6:28pm
A California congressman accused of misusing campaign funds spent some of the money on extramarital affairs, prosecutors said in court papers that indicated his wife could testify against him at trial.
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Sept. 11 victims advocates say they secured Senate commitment to extend compensation fund

Reuters News - June 25, 2019 - 6:18pm
Advocates of a compensation fund for emergency personnel and others who responded at the sites of the Sept. 11, 2001 attacks on the United States said on Tuesday that they had secured a commitment from Senate Majority Leader Mitch McConnell for prompt passage of legislation extending the program.
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FedEx profit beats estimates, warns of pain in 2020 from trade war

Reuters News - June 25, 2019 - 6:04pm
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China trade tensions and the non-renewal of its contract with Amazon.com Inc would hurt its fiscal 2020 performance.
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SpaceX lifts 24 satellites into orbit after 'most difficult launch'

Reuters News - June 25, 2019 - 5:38pm
A SpaceX Falcon Heavy rocket blasted off from Kennedy Space Center in Florida on Tuesday, putting 24 experimental satellites into orbit after what Elon Musk's rocket company called one of its "most difficult" launches ever.
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Fed pushes back on aggressive U.S. rate cut views

Reuters News - June 25, 2019 - 5:36pm
Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of half a percentage point as soon as its next meeting.
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Wall Street sinks as hopes fade for rate cuts, trade progress

Reuters News - June 25, 2019 - 5:30pm
Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates.
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Bill Cosby appeals 2018 conviction for Pennsylvania sex attack

Reuters News - June 25, 2019 - 5:19pm
Bill Cosby's lawyers on Tuesday appealed his Pennsylvania conviction for drugging and sexually attacking former Temple University administrator Andrea Constand at his home near Philadelphia in 2004.
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Census citizenship question fight rages in U.S. Congress, courts

Reuters News - June 25, 2019 - 5:03pm
A U.S. House of Representatives panel on Tuesday moved to hold two members of President Donald Trump's Cabinet in contempt of Congress for defying subpoenas in an inquiry into whether the administration's plan to add a citizenship question to the 2020 census was intended to discriminate against racial minorities.
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FedEx warns 2020 results to be hurt by trade war, shares fall 2%

Reuters News - June 25, 2019 - 4:37pm
Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty and non-renewal of Amazon contract, sending its shares down 2%.
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Powell says Fed insulated from politics, wrestling with rate cuts

Reuters News - June 25, 2019 - 4:27pm
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is "insulated from short-term political pressures," and that its policymakers are wrestling with whether to cut interest rates as President Donald Trump has demanded.
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Fed's Barkin sees risk the U.S. could talk itself into a recession; no sign of it yet

Reuters News - June 25, 2019 - 4:26pm
Richmond Federal Reserve President Thomas Barkin on Tuesday said there was a risk the United States could talk itself into a recession but added he saw no sign of this happening yet.
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Wall Street drops amid tech selloff, trade concerns

Reuters News - June 25, 2019 - 4:04pm
Wall Street fell on Tuesday, led by a selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while Federal Reserve Chairman Jerome Powell pushed back on pressure from President Donald Trump to cut interest rates.
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Caravaggio painting found in French attic sold to mystery foreign buyer

Reuters News - June 25, 2019 - 3:56pm
A mystery foreign buyer has snapped up a painting by Italian master Caravaggio that was discovered five years ago in a French attic before it could be sold at auction, the auction house said on Tuesday.
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U.S. hopes to re-launch China trade talks, won't accept conditions on tariffs: official

Reuters News - June 25, 2019 - 3:48pm
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
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Tesla likely to miss record second-quarter delivery target: Electrek

Reuters News - June 25, 2019 - 3:40pm
Shares of Tesla Inc fell 1.3% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter and may miss its quarterly target.
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