WASHINGTON U.S. consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey and Irma, supporting the view that the storms would hurt economic growth in the third quarter.
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WASHINGTON The chairman of the U.S. Securities and Exchange Commission (SEC) told a congressional committee on Tuesday he did not believe his predecessor Mary Jo White knew of a 2016 cyber breach to the regulator's corporate disclosure system, the exact timing of which could not be known "for sure."
Toyota Motor Corp said on Tuesday it would invest $373.8 million in five manufacturing plants in the United States to produce its first American-made hybrid powertrain, as it looks to build more vehicles in the market which it sells.
BEIJING U.S. Commerce Secretary Wilbur Ross said China needed to "guarantee fair and reciprocal treatment for U.S. firms" as he tried to strike an upbeat tone on a visit to Beijing amid trade tensions between the two countries.
SAN FRANCISCO Shares of Tesla Inc rebounded from a correction on Tuesday after an analyst predicted its electric cars would become commonplace within two years and a billionaire UK inventor announced plans for his own electric vehicles.
TOKYO Western Digital Corp said on Tuesday it will seek an injunction to block the sale of Toshiba Corp's prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. | Video
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