Business Highlights – ABC News

___ Auto union strike is latest worry in Flint, GM's birthplace FLINT, Mich. (AP) — The city of Flint, Michigan, has been on an economic roller-coaster ride for more than a century...

China, U.S. had ‘constructive’ trade talks in Washington: Xinhua

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo/File PhotoBEIJING...

Fresh US-China trade worries erase early gains for stocks

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be...

Tottenham Hotspur FC completes 637 million pound stadium refinancing

LONDON (Reuters) - Tottenham Hotspur Football Club has completed a 637 million pound ($798.67 million) stadium refinancing package that included a bond issue to U.S. investors and a term loan,...

Rogue oil trader hits Mitsubishi unit for $320 million

One of Japan's most storied trading houses says it's lost $320 million in a series of unauthorized transactions by a rogue trader. Mitsubishi Corp. said Friday that the employee in its...

Australian regulator loses landmark pension fund court battle

SYDNEY (Reuters) - Australia’s banking watchdog lost a landmark case on Friday after a court ruled it had not proved its case alleging wealth manager IOOF Holdings had breached pension...

AP Source: GM’s offer to UAW would add lower-paying jobs

A General Motors offer to invest $7 billion in U.S. facilities includes $2 billion from joint ventures and suppliers for new plants that would pay workers less than the top...

Investor Netter pushes FSD to restructure or return cash

NEW YORK (Reuters) - Investment manager Donald Netter is stepping up his battle with First Trust High Income Long/Short Fund (FSD) by asking the closed-end fund to restructure or give...

Bank of England holds rates as it awaits Brexit clarity

The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union. Interested in Brexit? Add...

Firm advertised huge returns. It won an award in Monaco. The SEC calls it...

(Reuters) - Mediatrix Capital said its clients went five years without a single monthly loss. It said it won an award as top global asset manager for its returns over...

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PatentReal Corp launches new emission-free biomass technology – Bloomberg

According to Bloomberg, PatentReal Corp is a juggernaut in the technology-driven field, and the company has already etched its name in gold as one...

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