United States

China warns Washington's 'capricious' trade actions will hurt U.S. workers


BEIJING China's commerce ministry on Thursday accused the United States of being "capricious" over bilateral trade issues, and warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington's penchant for brandishing "big sticks".

China could strike back at Dow-listed firms over trade: Global Times

BEIJING China could hit back at U.S. firms listed on the Dow Jones Industrial Average if U.S. President Donald Trump keeps exacerbating tensions with China over trade, state-controlled Chinese tabloid The Global Times said on Thursday.

U.S. identifies North Korea missile test site it says Kim committed to destroy

WASHINGTON The missile engine test site that President Donald Trump said North Korean leader Kim Jong Un had committed to destroy is a major facility in the western part of the country that has been used for testing engines for long-range missiles, according to a U.S. official.

Volvo Cars CEO says auto tariffs threaten jobs at new U.S. plant

BERKELEY COUNTY, South Carolina (Chinese-owned Volvo Cars opened a new auto factory in South Carolina on Wednesday as company executives warned that the U.S.-China trade dispute could undermine plans to create up to 4,000 more auto jobs in the heavily Republican state. | Video

Boeing says Export-Import Bank vital to U.S. growth

Restoring the U.S. Export-Import Bank's full lending powers is vital to the country's economic growth and to shrinking trade deficits, planemaker Boeing Co said on Wednesday after President Donald Trump nominated Kimberly Reed as the trade bank's president.

General Electric loses place in elite Dow Jones Industrial Average

General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse. | Video

Short-sellers sense an opportunity as China trade tensions brew

NEW YORK Escalating trade tensions between Washington and Beijing may have sent tremors across the U.S. stock market but short-sellers are taking the opportunity to boost bearish bets against U.S. companies exposed to a full-blown trade war.

U.S. Air Force says Boeing KC-46 aircraft delivery to start in October

The U.S. Air Force said on Wednesday the first delivery of the KC-46 aerial refueling tankers from Boeing Co would start in October.

Boeing targets 2025 for new jet but won't rush decision

PARIS The head of Boeing jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision.

Militants' rockets, Israeli air strikes heat up Gaza border

GAZA/JERUSALEM Several dozen rockets and mortar bombs launched at Israel by Palestinians in Gaza, and Israeli air strikes on the enclave's dominant Hamas militant group, raised the heat along the border on Wednesday.

Looking for another Nasdaq? Try Europe's aerospace and defense stocks

MILAN Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region's equity market.


Tesla accuses former employee of hacking and transferring data

SAN FRANCISCO Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday.