 | | | | Mobile payment services such as Apple Pay could run into reimbursement problems in some instances, and fintech firms in general must be more sensitive to risks, Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday. | | | | | | White House economic adviser Larry Kudlow on Tuesday indicated President Donald Trump may announce specific ramifications for General Motors Co's plans to cut thousands of jobs and potentially close some of its North America plants. | | | | | | U.S. President Donald Trump threatened on Tuesday to cut subsidies for General Motors Co after the largest U.S. automaker said it would halt production at five plants in North America and cut nearly 15,000 jobs. | | | | | | Oil prices dipped on Tuesday, weighed down by uncertainty over the U.S.-China trade war and signs of increased global crude production, but losses were limited by expectations that crude exporters would agree to cut output at an upcoming OPEC meeting. | | | | | | A former Facebook Inc employee who worked closely with racial minority groups said in a blog post https://www.facebook.com/notes/mark-s-luckie/facebook-is-failing-its-black-employees-and-its-black-users/1931075116975013 on Tuesday that he left this month over frustration with the social network's "systematic disenfranchisement of underrepresented voices" and other diversity issues. | | | | | | U.S. stocks made small gains on Tuesday after White House economic adviser Larry Kudlow said a meeting between President Donald Trump and his Chinese counterpart on Saturday was an opportunity to "turn the page" on a trade war. | | | | | | Stocks on Wall Street eked out modest gains on Tuesday as traders remained hopeful that the United States and China can work toward resolving their trade-related differences at the upcoming G20 Summit. | | | | | | U.S. President Donald Trump is open to a trade deal with China but is prepared to hike tariffs on Chinese imports if there is no breakthrough on longstanding trade irritants during a Saturday night dinner with Chinese leader Xi Jinping, White House economic adviser Larry Kudlow said on Tuesday. | | | | | | As store sales fall and purchases shift online over the Thanksgiving weekend, many U.S. retailers still open their doors on Thanksgiving itself, Thursday evening - to their detriment. | | | | | | United Technologies Corp said on Monday it would separate into three companies consisting of its aerospace, elevators and building divisions, making it the latest industrial conglomerate to pursue such a break-up. | | | | | |
