Wall Street Weekahead: Trade protection doesn’t have to exclude growth stocks

Wall Street Weekahead: Trade protection doesn’t have to exclude growth stocks
(Reuters) – The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online advertising to aerospace and recruitment... Read More

Amazon facial recognition ban won just 2% of shareholder vote

Amazon facial recognition ban won just 2% of shareholder vote
(Reuters) – Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo Some 2.4%... Read More

Wall St. edges higher after Trump sparks U.S.-China trade hopes

Wall St. edges higher after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” He added that Chinese telecom... Read More

Wall St. ekes out gains on U.S.-China trade hopes

Wall St. ekes out gains on U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. The Dow Jones Industrial Average rose 98.14 points, or 0.39%, to 25,588.61, the S&P 500 gained 4.14 points, or 0.15%, to 2,826.38... Read More

Global stocks climb on muted trade hopes, dollar slips

Global stocks climb on muted trade hopes, dollar slips
NEW YORK (Reuters) – World equity markets rebounded on Friday from the previous day’s sharp fall, boosted after U.S. President Donald Trump said complaints against China’s Huawei Technologies might be resolved within the framework of a Sino-U.S. trade deal. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 23, 2019. REUTERS/Brendan McDermid... Read More

Wall St. clings to slight gains after Trump sparks U.S.-China trade hopes

Wall St. clings to slight gains after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after upbeat comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” He added that Chinese... Read More

China accuses U.S. officials of misleading public on trade war

China accuses U.S. officials of misleading public on trade war
BEIJING (Reuters) – China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world’s two largest economies kept financial markets in a state of unease. Chinese Foreign Ministry spokesman Lu Kang answers questions about a major bus accident in North Korea, during a news conference in Beijing, China April 23,... Read More

United Airlines shakes up Avianca leadership after shareholder default

United Airlines shakes up Avianca leadership after shareholder default
FILE PHOTO: A United Airlines plane with the Continental Airlines logo on its tail, taxis to the runway at O’Hare International airport in Chicago October 1, 2010. UAL Corp and Continental Airlines Inc. closed their merger on Friday to form the world’s largest carrier, called United Airlines. REUTERS/Frank Polich (Reuters) – United Airlines said on Friday it had started a... Read More