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    Trump floats management changes instead of sanctions for China's ZTE
    Posted on Tuesday May 22, 2018

    WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.

    Workers hit McDonald's with new sexual harassment claims
    Posted on Tuesday May 22, 2018

    LOS ANGELES/NEW YORK (Reuters) - Ten women who work at McDonald's restaurants in Detroit, Chicago, Los Angeles and six other cities have filed sexual harassment complaints in the past few days with the federal government against the company and its franchisees, which they said ignored or retaliated against them for such complaints.

    Small banks trump Wall Street on Dodd Frank rewrite
    Posted on Tuesday May 22, 2018

    WASHINGTON (Reuters) - Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs , Morgan Stanley and JPMorgan Chase , will not be breaking out the champagne.

    Wall St. slips on U.S.-China trade talk uncertainty; energy falls
    Posted on Tuesday May 22, 2018

    NEW YORK (Reuters) - U.S. stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares.

    EU doubts if offer can prevent Trump tariffs or steel caps
    Posted on Tuesday May 22, 2018

    BRUSSELS (Reuters) - European Union proposals to open its markets wider to U.S. products, including cars, appear not to have persuaded Washington to lift the threat of import tariffs on EU steel and aluminium, the bloc's trade chief said on Tuesday.

    OPEC may decide to ease oil supply curbs in June: sources
    Posted on Tuesday May 22, 2018

    KHOBAR, Saudi Arabia/LONDON (Reuters) - OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar with the discussions told Reuters.

    Facebook face-off: EU gets little news from Zuckerberg
    Posted on Tuesday May 22, 2018

    BRUSSELS (Reuters) - Facebook CEO Mark Zuckerberg sailed through a grilling from EU lawmakers about the social network's data policies as lengthy questions left the 34-year-old American little time to answer.

    Exclusive: GE seeking to shed troubled insurance business - sources
    Posted on Tuesday May 22, 2018

    (Reuters) - General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with the matter said on Tuesday.

    Canada says top NAFTA officials in constant contact on trade talks
    Posted on Tuesday May 22, 2018

    OTTAWA (Reuters) - Top U.S., Canadian and Mexican officials are in constant contact about slow-moving talks to revitalize NAFTA and are ready to meet at any time to push the process forwards, Canada's foreign minister said on Tuesday.

    Consumer Reports to retest Tesla Model 3 after brake fix
    Posted on Tuesday May 22, 2018

    (Reuters) - Consumer Reports said Tuesday it will retest brakes on Tesla Inc's new Model 3 sedans after Chief Executive Elon Musk promised a software update, but the potential hit to sales from the magazine's negative review weighed on Tesla shares.

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