 | | | | NEW YORK (Reuters) - After a strong rally that saw the Russell 2000 notch a record in three straight sessions in June, smallcap stocks may be showing signs of slowing down, leading some market participants to question whether their recent bulletproof performance is starting to crack. | | | | | | (Reuters) - General Motors Co warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to a "a smaller GM" and risks isolating U.S. businesses from the global market. | | | | | | OTTAWA (Reuters) - Canada struck back at the Trump administration over U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents. | | | | | | NEW YORK (Reuters) - World stocks rallied on Friday, with Wall Street seeing its biggest gains in three weeks and European indexes recovering from a volatile week pegged to a growing U.S trade battle with other top global economies. | | | | | | (Reuters) - Nike Inc's shares jumped 12 percent to their all-time high on Friday after the world's largest shoe maker saw a major sales rebound in its North America business and forecast strong growth for 2019. | | | | | | (Reuters) - Comcast Corp is experiencing service interruption across its business, residential internet, video and voice customers due to a fiber cut at one of its large backbone network partners, the company said in a tweet on Friday. | | | | | | NEW YORK (Reuters) - Wells Fargo & Co has been hit with a lawsuit by a Texas jewelry company accusing it of encouraging thousands of retailers nationwide to charge hidden fees to customers using financing programs created by the bank. | | | | | | WASHINGTON (Reuters) - Morgan Stanley agreed to pay a $3.6 million fine after regulators found it failed to detect or prevent misappropriation of client funds, the U.S. Securities and Exchange Commission (SEC) said on Friday. | | | | | | WASHINGTON/NEW YORK (Reuters) - The U.S. regulator for consumer finance said on Friday it would not penalize Citigroup for overcharging credit card customers provided the bank returns $335 million to the 1.75 million borrower accounts that are due refunds. | | | | | | SAN FRANCISCO (Reuters) - Tesla Inc is not producing enough Model 3s per shift to reach the 5,000 per week target that Chief Executive Officer Elon Musk said it would reach by Saturday, three line workers at the company's Fremont, California, assembly plant told Reuters this week. | | | | | |
