 | | | | Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with tepid U.S. jobs numbers capped gains and weighed on the dollar. | | | | | | Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached a day earlier, even as Wall Street predicted more gains. | | | | | | China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict. | | | | | | A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said. | | | | | | General Motors Co is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the brand's U.S. lineup from becoming a victim of the U.S.-China trade war. | | | | | | China's targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess. | | | | | | The White House said on Friday the United States is open to further talks with China on how to resolve a tit-for-tat trade dispute between Washington and Beijing. | | | | | | The S&P 500 and the Dow Jones Industrial Average gained ground and the Nasdaq was essentially flat on Friday as positive earnings helped investors overlook heightened trade tensions and weaker than expected July jobs growth. | | | | | | Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network. | | | | | | Creators of fake accounts and news pages on Facebook are learning from their past mistakes and making themselves harder to track and identify, posing new challenges in preventing the platform from being used for political misinformation, cyber security experts say. | | | | | |
