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Musk"s tunnel-boring firm seeks U.S. tariff exemption for Chinese parts

A company owned by Elon Musk that is trying to lower the .....»»

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Venezuelans rush to shops before monetary overhaul

Jittery Venezuelans on Friday rushed to shops and formed long lines in preparation for a monetary overhaul that will remove five zeros from prices in response to hyperinflation that has made cash increasingly worthless......»»

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SEC moves to ease information disclosure requirements

The top U.S. securities regulator on Friday said it had voted to simplify and update requirements for disclosing information that it considers redundant or outdated, with the aim of reducing compliance burdens for companies......»»

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Trump asks SEC to mull half-year corporate filings

U.S. President Donald Trump said on Friday he has asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter......»»

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Kill quarterly reporting? Some investors ring alarm bells

Less reporting by U.S. corporations could put shareholders in the dark, allow companies to drift off course and even make U.S. stocks less attractive and create less public company investment, some investors and analysts argue......»»

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Brazil"s Marfrig to sell U.S. unit to Tyson for $2.5 billion: sources

Brazilian meatpacker Marfrig Global Foods SA has agreed to sell its U.S. subsidiary, a key McDonald's supplier, to Tyson Foods Inc for $2.5 billion, two people with knowledge of the matter told Reuters on Friday......»»

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Wall Street jumps on news of trade progress

The S&P 500 and the Dow Jones Industrial average extended gains and the Nasdaq turned positive on Friday on reports of progress in talks between the United States and China and other trading partners......»»

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SEC says it continues to study frequency of company reporting

The Securities and Exchange Commission will continue to study the frequency of public company reporting after President Donald Trump called on the agency to consider shifting from quarterly to semiannual reports, SEC Chairman Jay Clayton said on Friday......»»

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Investors query funding costs at a private Tesla

Several Tesla Inc shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors......»»

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Goldman faces U.K. probe over reporting practices: Bloomberg

Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter......»»

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Wall Street surges on news of trade progress

The S&P 500 and the Dow Jones Industrial average extended earlier gains and the Nasdaq turned positive on Friday on reports of potential progress in easing trade tensions between the United States and its trading partners......»»

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Global stocks edge higher as Turkey worries offset U.S.-China trade talks

NEW YORK - Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs......»»

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Trump backs CEOs, proposes easing corporate reporting rules

U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission (SEC) to study letting public companies file financial reports every six months instead of every quarter......»»

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Tesla tanks after Musk"s interview, analyst concerns

Tesla shares took a big hit Friday after CEO Elon Musk told the New York Times his tweet about taking the company private at $420 a share wasn't reviewed by anyone and a brokerage raised doubts about the profitability of the Model 3......»»

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Nasdaq drops as chipmakers lead a slide in tech stocks

The Nasdaq fell on Friday as weak forecasts from chipmakers Nvidia and Applied Materials pushed technology stocks lower, while gains in the defensive telecoms and consumer staples companies helped buttress the S&P 500 and the Dow Industrials......»»

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Brazil"s Marfrig to sell U.S. unit to Tyson for $2.5 billion, sources say

Brazilian meatpacker Marfrig Global Foods SA has agreed to sell its U.S. subsidiary, a key McDonald's supplier, to Tyson Foods Inc for $2.5 billion, two people with knowledge of the matter told Reuters on Friday......»»

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Oil rises but set for weekly loss on concerns over trade row

Crude prices edged higher on Friday, but were heading for yet another weekly decline on worries that oversupply would weigh on the U.S. market and that trade disputes and slowing global economic growth would slow demand for oil......»»

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U.S. value stocks capitalize on "FANG" stumbles, with room to run

The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks......»»

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It will be tough for Trump"s SEC to overhaul reporting rules

U.S. President Donald Trump said Friday that he wanted the Securities and Exchange Commission (SEC) to explore doing away with quarterly corporate reports, replacing them with filings every six months......»»

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Tesla sinks after Musk opens up about going private tweet in NYT interview

Tesla Inc's shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New York Times that his tweet last week about taking the company private was not reviewed by anybody......»»

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