Wall Street Slips as US-China Trade Fears Rise

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U.S. stocks slid Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while the S&P 500 and Nasdaq…


Porsche Fined 535 Million Euros Over Diesel Cheating

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German sports car maker and Volkswagen subsidiary Porsche will pay a 535-million-euro ($598 million) fine over diesel vehicles that emitted more harmful pollutants than allowed, Stuttgart prosecutors said Tuesday. "The Stuttgart prosecutor's office has levied a 535-million-euro fine against Porsche AG for negligence in quality…


White House Downplays Trump Meeting With Tycoon

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A White House meeting between the current U.S. president and a prominent businessman who is seeking to become president of Taiwan is causing concern.  The White House on Thursday sought to downplay any diplomatic or political sensitivities, saying President Donald Trump and Foxconn founder Terry Gou…


Trump’s Favored Sanctions Meet Resistance

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President Donald Trump is increasingly reliant upon economic sanctions to achieve his foreign policy goals, despite a repeated emphasis that the use of military force remains a viable option.  However, these coercive measures, analysts say, have not produced their intended results, and at times have…


May Day 2019: Workers Demand Rights, Respect

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Higher salaries, better working conditions, maternity leave, minimum wage and an end to discrimination against temporary or foreign workers: These were among the concerns as hundreds of thousands of union members and labor activists rallied around the world to mark May Day. The tradition of…