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Retail warnings, tech tumble hit Wall Street
The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target and Kohl's as well as a fall in energy shares added to worries for Wall Street, which is still reeling from a selloff in technology stocks.
(Tue, 20 Nov 2018 14:02:21 -0500)
China blames 'excuses' for APEC discord, as U.S. ties sour again
The failure of the countries attending a major Asia-Pacific summit to agree on a communique resulted from certain countries "excusing" protectionism, a top Chinese diplomat said, in a veiled criticism of Washington that further sours China-U.S. ties ahead of a meeting of the G20 nations
(Tue, 20 Nov 2018 13:44:13 -0500)
Trump says he will stand by Saudi Arabia despite Khashoggi murder
President Donald Trump vowed on Tuesday to remain a "steadfast partner" of Saudi Arabia despite saying that Saudi Crown Prince Mohammed bin Salman may have known about the plan to murder dissident journalist Jamal Khashoggi last month.
(Tue, 20 Nov 2018 13:42:16 -0500)
With Carney warning of 1970s-style shock, UK firms ready for no-deal Brexit
Companies began triggering plans to keep operating if Britain leaves the European Union without an agreement, a "no deal" scenario the Bank of England said could plunge the economy into a crisis not seen since the 1970s.
(Tue, 20 Nov 2018 13:35:06 -0500)
White House's Kudlow: Tax reform's next phase won't happen in 2018
White House Economic Adviser Larry Kudlow told reporters on Tuesday the next phase of U.S. tax reform will not happen during the final months of 2018, the "lame duck" period when Republicans will still control Congress.
(Tue, 20 Nov 2018 13:30:01 -0500)
Israel to turn to U.S. government over Airbnb removal of settlement listings
Israel plans to consult with the U.S. government over a decision by home-renting company <AirBnB Inc> to remove listings in Jewish settlements in the Israeli-occupied West Bank, a cabinet minister said on Tuesday.
(Tue, 20 Nov 2018 13:23:01 -0500)
Californians left homeless by wildfire brace for heavy rain
Heavy rains were due to bring fresh misery to Northern California late on Tuesday, raising the risk of mudslides in an area where people left homeless by the state's deadliest wildfire remain huddled in parking lot encampments.
(Tue, 20 Nov 2018 13:10:41 -0500)
California wildfires-related insured losses within anticipated level: Fitch
Losses from the ongoing California wildfires will likely hurt fourth-quarter earnings of insurers, but are expected to remain within anticipated levels, ratings agency Fitch said on Tuesday.
(Tue, 20 Nov 2018 13:10:41 -0500)
Myanmar court allows jailed Reuters reporters' appeal to proceed: lawyer
Myanmar's High Court has allowed an appeal to proceed in the case of two Reuters reporters jailed for seven years on charges of breaking the country's Official Secrets Act, defense lawyers said on Tuesday.
(Tue, 20 Nov 2018 13:03:56 -0500)
Target shares tumble after profit miss, big jump in inventories
Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages in a tight labor market and price cuts hurt margins and a big jump in inventories ahead of the critical holiday season worried investors.
(Tue, 20 Nov 2018 12:54:32 -0500)
In Mississippi Senate race, a 'hanging' remark spurs Democrats
A white Republican senator's casual reference to a "public hanging" has invigorated a special election runoff in Mississippi, fueling Democratic hopes of an upset in a conservative state with an ugly history of racist violence.
(Tue, 20 Nov 2018 12:51:36 -0500)
Suicide bomber kills over 50 at religious event in Kabul
A suicide bomber blew himself up in a banqueting hall where Islamic religious scholars had gathered in the Afghan capital Kabul on Tuesday, killing more than 50 people, three government officials said.
(Tue, 20 Nov 2018 12:37:01 -0500)
Exclusive: Nissan expands Ghosn probe to include Renault alliance - sources
Nissan's investigation into alleged misconduct by Chairman Carlos Ghosn is expanding to include Renault-Nissan finances, sources told Reuters - in a further sign that Nissan may seek to loosen its French parent's hold on their global carmaking alliance.
(Tue, 20 Nov 2018 12:35:22 -0500)
Dimming growth prospects send stocks, oil plunging
World equity markets fell on Tuesday, with U.S. stocks hurt by worries over softening demand for the iPhone and corporate growth prospects, while oil prices sank on concerns about rising global supply.
(Tue, 20 Nov 2018 12:31:10 -0500)
U.S. judge blocks Trump asylum restrictions
SAN FRANCISCO - A U.S. judge on Monday temporarily blocked an order by President Donald Trump that barred asylum for immigrants who enter the country illegally from Mexico, the latest courtroom defeat for Trump on immigration policy.
(Tue, 20 Nov 2018 12:18:31 -0500)
Trump administration calls U.S. judge's asylum ruling 'absurd'
The U.S. Department of Justice on Tuesday said it would continue to defend President Donald Trump's decision to make immigrants who enter the country illegally from Mexico ineligible for asylum, after a federal judge temporarily blocked the policy.
(Tue, 20 Nov 2018 12:16:07 -0500)
Kremlin critics unite to try to stop Russian becoming Interpol head
Two of the Kremlin's most prominent critics joined forces on Tuesday to try to stop a Russian becoming the next president of international police organization Interpol, saying they feared Moscow would abuse the post to hunt down its detractors.
(Tue, 20 Nov 2018 12:02:54 -0500)
Amazon, Blackstone among bidders for 22 Disney sports networks: CNBC
Amazon.com Inc and private equity firm Blackstone Group are bidding for Walt Disney Co's 22 regional sports networks, including New York-focused Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter.
(Tue, 20 Nov 2018 11:57:38 -0500)
U.S. housing starts rise, but underlying trend weak
U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher.
(Tue, 20 Nov 2018 11:57:36 -0500)
Russia fails to curb new powers of chemical weapons watchdog
Members of the global chemical weapons watchdog on Tuesday overwhelmingly rejected a Russian-led push to undercut new powers that allow the agency to point the finger of blame for the use of banned toxic munitions in Syria.
(Tue, 20 Nov 2018 11:55:14 -0500)
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