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US solar sector says Trump tariffs will kill American jobs
LOS ANGELES, Jan 23 (Reuters) - President Donald Trump's
move to slap steep tariffs on imported panels will kill tens of
thousands of jobs, raise the cost of going solar and quash
billions of dollars of investment, the U.S. Solar Energy
Industries Association warned on Tuesday.
Trump Slaps Tariffs On Imported Solar Panels And Washing Machines
The move has met with both praise and criticism from the solar energy industry. Manufacturers lobbied for the tariffs, while solar installers warned that American jobs will be lost.
Samsung Elec says U.S. tariffs on washers a great loss for American consumers
Samsung Electronics(SSNLF) said on Tuesday a U.S. government decision to impose tariffs on washing machines was a great loss for American consumers and workers. "Everyone will pay more with fewer choices," the South Korean company said in a statement.
BRIEF-American Homes 4 Rent Coreceives Letter From U.S.SEC
American Homes 4 Rent(AMH): * American Homes 4 Rent(AMH) - ON JANUARY 16, CORECEIVED A LETTER FROM STAFF OF THE U.S.SEC STATING THAT IT IS CONDUCTING AN INVESTIGATION.
BRIEF-Plains All American Pipeline To Proceed With Construction Of Cactus II Pipeline
Plains All American Pipeline Lp(PAA): * PLAINS ALL AMERICAN PIPELINE(PAA) - SUBSIDIARY OF CO SAID IT HAS RECEIVED SUFFICIENT BINDING COMMITMENTS ON ITS INITIAL OPEN SEASON. * Plains All American Pipeline Lp (PAA) - UNIT OF CO PROCEEDING WITH CONSTRUCTION OF A NEW PIPELINE SYSTEM FROM PERMIAN BASIN TO CORPUS CHRISTI/INGLESIDE AREA Source text for Eikon: Further company coverage:
Pakistan's PM says confident GE will fix 'technical' issues with gas turbines
ISLAMABAD (Reuters) - Prime Minister Shahid Khaqan Abbasi said on Monday that some of General Electric's flagship new gas turbines in Pakistan were still suffering from technical issues such as "vibration" but he was confident the American company will fix the problems.
Valero leaves U.S. ethanol trade group due to cost cutting
CHICAGO, Jan 22 (Reuters) - Valero Energy Corp, the
largest American oil refiner, has left a biofuels lobbying group
due to cost cutting, a company spokeswoman said in a statement,
just over a year after joining the organization amid efforts to
overhaul the U.S. renewable fuel program.
Pakistan's PM says confident GE will fix "technical" issues with gas turbines
Prime Minister Shahid Khaqan Abbasi said on Monday that some of General Electric's (GE) flagship new gas turbines in Pakistan were still suffering from technical issues such as "vibration" but he was confident the American company will fix the problems.
Major carriers say no plans to hedge fuel despite rising prices
Four of the world's largest airlines - U.S. heavyweights Delta, American and United as well as Dubai-based Emirates - said on Monday they had no plans to start hedging their fuel bills despite recent rises in oil prices.
BRIEF-Major airlines say no plans to hedge fuel
* UNITED AIRLINES EXEC SAYS LOOKING AT ACQUIRING MID-LIFE, SECOND-HAND AIRCRAFT. * EMIRATES AIRLINE EXEC SAYS NO PLANS TO ORDER NARROWBODY JETS. * AMERICAN AIRLINES EXEC SAYS NO PLANS TO HEDGE FUEL COSTS, CAN PASS THROUGH CHANGES IN OIL PRICE. * DELTA AIR LINES (DAL), UNITED CONTINENTAL (UAL), EMIRATES EXECS ALSO TELL CONFERENCE THEY HAVE NO PLANS TO START FUEL HEDGING.
There Is Nothing Virtual About Bitcoin’s Energy Appetite
Creating a single token requires as much electricity as two years’ worth of consumption by an average American home. Some enthusiasts believe that’s a problem.
'Jumanji' tops box office for third straight weekend
"Jumanji: Welcome to the Jungle" outdid another weekend's worth of newcomers to top the North American box office for the third straight weekend, making the surprise hit the fifth-highest grossing film of all time for Sony Pictures.
Shutdown divides services into essential and non-essential
Symbols of American promise have turned into emblems of American dysfunction amid a dispute in Congress over spending and immigration that has forced scores of federal agencies and outposts to close their doors.
Venezuela's woes poised to hit U.S. oilfield service firms' earnings
U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.
Amazon, Lowe's and Citizens rise while IBM and AmEx skid
Amazon.com, Lowe's and Citizens Financial Group climb while IBM and American Express slip
BRIEF-American National Bankshares Announces Stock Repurchase Plan Of Up To 300,000 Shares
American National Bankshares Inc(AMNB) : * American National Bankshares Inc (AMNB). ANNOUNCES A STOCK REPURCHASE PLAN. * AMERICAN NATIONAL BANKSHARES-BOARD AUTHORIZED STOCK REPURCHASE PROGRAM OF UP TO 300,000 SHARES OF CO'S OUTSTANDING COMMON STOCK FOR PERIOD OF 2 YEARS Source text for Eikon: Further company coverage:
Tax overhaul leads AmEx to first loss in 26 years, buyback suspension
(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax reform.
Tax overhaul leads AmEx to first loss in 26 years, suspend buybacks
(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax overhaul.
UPDATE 1-N. American Q4 cocoa grind falls, 5-year low for 2017
NEW YORK, Jan 18 (Reuters) - North American cocoa grindings
took a surprise fall in the fourth quarter of 2017 and nudged
down to a five-year low for the full calendar year, data from
the National Confectioners Association (NCA) showed on Thursday.
American Express posts $1.2 billion loss due to new tax law
Credit card company American Express posts $1.2 billion loss in the fourth quarter, as the company booked large one-time charges related to the new tax law
American Express Slips Despite Solid Earnings Beat
BRIEF-American Express Reports Q4 EPS Of $1.58 Excluding Items
American Express Co(AXP): * AMERICAN EXPRESS REPORTS QUARTERLY REVENUES UP 10 PERCENT WITH RECORD CARD MEMBER SPENDING. * SEES FY 2018 EARNINGS PER SHARE $6.90 TO $7.30. * Q4 LOSS PER SHARE $1.41. * Q4 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S. * Q4 EARNINGS PER SHARE $1.58 EXCLUDING ITEMS.
AmEx posts first loss in 26 years on tax charge, suspends buybacks
(Reuters) - American Express Co posted its first quarterly loss in 26 years, due a $2.6 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program for the first half of 2018.
American Airlines adds Chicago O'Hare to its 'Shuttle' line-up
American is converting its existing 15 LaGuardia-O'Hare weekday round-trips into Shuttle-branded service. Move adds perks, flexibility for those customers.
American Airlines adding shuttle flights between NY, Chicago
American Airlines plans to start shuttle flights between New York and Chicago this spring
American Airlines adding shuttle flights between NY, Chicago
American Airlines will begin operating hourly shuttle flights between Chicago and New York this spring.
Facebook names American Express CEO Kenneth Chenault, first African-American, to all-white board
Facebook adds one of corporate America’s most prominent black leaders to its all-white board.
Facebook adds former American Express CEO to board
Facebook Inc. said Thursday that American Express Co. Chief Executive Kenneth Chenault has agreed to join its board of directors. Facebook stock is up 1.6% to $180.48 in early afternoon trading. "I've been trying to recruit Ken for years," Facebook CEO Mark Zuckerberg wrote in a post on his platform. "He has unique expertise in areas I believe Facebook needs to learn and improve -- customer service, direct commerce, and building a trusted brand. Ken also has a strong sense of social mission and the perspective that comes from running an important public company for decades." Chenault joined AmEx in 1981 and was appointed top boss in 2001, a post he will retain until Feb. 1, when he formally cedes the reins to Stephen Squeri. He will also step down as AmEx chairman. Facebook stock has gained 41% in the last 12 months, with the S&P 500 index gaining 23%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
What to Expect When American Express Reports After the Close
Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies
Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels, according to the EIA. The S&P Global Platts survey forecast a supply rise of 2.7 million barrels for gasoline and a fall of 850,000 barrels for distillates. February crude was down 27 cents, or 0.4%, to $63.70 a barrel on the New York Mercantile Exchange, but that was up from $63.52 before the supply data.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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