Business & Financial News, U.S & International Breaking News

A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the trade war between the United States and China to last longer than many had originally anticipated.

A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company.

Canadian Prime Minister Justin Trudeau, embroiled in a blackface picture scandal, on Friday pledged to ban military-style assault rifles in the country's most ethnically diverse city in a bid to get his campaign back on issue.

The United States and El Salvador on Friday agreed to attempt to reduce the flow of migrants arriving at the U.S.-Mexico border by strengthening El Salvador's capacity to provide for asylum seekers, but did not detail any concrete actions.

Facebook Inc said on Friday it has suspended tens of thousands of apps on the social networking platform, as part of the company's ongoing app developer investigation it began in March 2018 in response to the Cambridge Analytica row.

Two major Democratic presidential candidates plan to visit striking General Motors workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week.