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Trump has been gradually re-imposing United States sanctions on Iran , now focused on the oil, shipping and banking industries, after pulling the U.S. The Americans have shown this year that they are capable of ramping up production by more than the Saudis can cut it. "I see them diversifying towards other markets, for instance, the Saudi one, now under pressure to increase its oil output".
  • Horse race for Amazon’s HQ2 nears the wire

    Horse race for Amazon’s HQ2 nears the wire

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    Bell St. or 1770 Crystal Drive, two dated office buildings that have been targeted for redevelopment but could be readied for occupancy by their owner, JBG Smith, in nine months or less. A spokesperson for Amazon declined to comment. It's unclear whether Amazon is having similar discussions with other finalists. Sources familiar with the company's negotiations say Amazon is in advanced stages of discussing the location of HQ2 in Northern Virginia , according to the Washington Post .
  • Amazon in 'advanced talks' to build new headquarters near DC

    Amazon in 'advanced talks' to build new headquarters near DC

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    A decision could come as soon as this week, according to the source. Numerous cities have been bidding for the online sales giant's second location - including Crystal City in Virginia .Amazon announced back in January it had narrowed its search for the location of its second headquarters to 20 cities.
  • See If Your Lowe's Store Is Closing

    See If Your Lowe's Store Is Closing

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    The company says the closings are part of the company's strategic reassessment. Twenty U.S. stores are also be closing. Most associates at these stores will be extended opportunities to transition to a similar role at a nearby Lowe's store.
  • Dead In Building Collapse At Amazon's Warehouse Collapse In Baltimore

    Dead In Building Collapse At Amazon's Warehouse Collapse In Baltimore

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    At least two people are dead after a partial building collapse on Friday night at an Amazon warehouse in Baltimore . "My condolences go out to the families and friends of the victims", Hogan said in a post on Twitter. Amazon spokesman Dave Clark, the senior vice president of operations, said in a statement Saturday: "The safety of our employees and contractors is our top priority and at this time the building remains closed".
  • Rand Wealth LLC Has $11.86 Million Position in Apple Inc. (NASDAQ:AAPL)

    Rand Wealth LLC Has $11.86 Million Position in Apple Inc. (NASDAQ:AAPL)

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    Meanwhile, Apple's net income was $14.12 billion, nearly 32% up from Q4 of the financial 2017, a significant jump, considering Apple was already one of the most profitable companies in the world. Apple also recently introduced more expensive iPad Pros and MacBook Airs . The dip in Apple's shares to $208.50 knocked around $67 billion off its value, and put Amazon and Microsoft Corp (MSFT.O) back in the mix in the race among the United States' big tech players to be the world's most ...
  • Soybeans soar on Trump, Xi tweet trade talk

    Soybeans soar on Trump, Xi tweet trade talk

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    Washington and Beijing are in an increasingly high-stakes standoff over Trump's aggressive move to end what he says have been years of unfair trade practices by China , including rampant intellectual property theft, forced technology transfers and market access barriers.
  • Trump Says

    Trump Says "Sanctions Are Coming" for Iran

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    Despite threats from the US, India continued oil imports from Iran with now the US agreeing on waivers for eight countries regarding sanctions set to kick in on November 5, 2018. "As parties to the JCPOA, we have committed to work on ... the preservation and maintenance of effective financial channels with Iran, and the continuation of Iran's export of oil and gas".
  • Trump Hints China Trade Moves for Argentina G20 After Xi Call

    Trump Hints China Trade Moves for Argentina G20 After Xi Call

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    But Kudlow cautioned that Trump would "aggressively" pursue his agenda against China, if no deals were reached on intellectual property theft , cybersecurity and tariffs on commodities, among other issues. "Rebuilt China", Trump told Breitbart at the time. A Chinese state-owned company was charged on Thursday with stealing technology from USA chipmaker Micron Technology Inc., part of a Justice Department crackdown against China in cases of suspected economic espionage.
  • More talks required to fix details on aid to Pakistan, says China

    More talks required to fix details on aid to Pakistan, says China

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    Khan said during an investment conference in Riyadh last month. During the meeting, Prime Minister Imran Khan thanked President Xi for extending warm hospitality to him and his delegation in China . "If there were, it would only be to increase, not decrease" the number of projects, he added. "We are willing to learn from China's development experience, deepen pragmatic cooperation in various fields, and strengthen high-level visits and exchanges at all levels, so as to push the ...
  • Oil prices drop as wave of supply meets global economic gloom

    Oil prices drop as wave of supply meets global economic gloom

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    They fell 1.8 percent on Tuesday, at one point touching their lowest since August 24 at$75.09 a barrel. Instead, he pulled the United States out of the agreement, restored sanctions on Iran and threatened to lock foreign firms out of the US market if they do business with Iran.