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Bank of America says investors should still look to stocks for value rather than bonds.Investingread more
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Harley-Davidson has halted production and deliveries of its new LiveWire electric motorcycle after reportedly discovering a problem with its charging mechanism.Transportationread more
Uber has laid off about 350 employees across several teams within the organization.Technologyread more
"Both parties lose from the trade war, but the numbers suggest that the damage to the U.S. side is greater, in percentage terms," says the PAG chairman.China Economyread more
A passenger has complained to United Airlines after a fellow traveler was allowed to fly with a T-shirt that called for hanging journalists.Airlinesread more
"I fear that's what we're headed into" here in America, warns the former Treasury secretary.Economyread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
European Union antitrust regulators charged Russian gas giant Gazprom on Wednesday with abusing its dominant position in Poland, Hungary and six other countries in Eastern Europe following more than two years of investigation.
The European Commission said the state-controlled company, a vital supplier of energy to Europe despite frequent political disputes, had hindered cross-border competition across the region and overcharged in five of the countries.
"We find that it (Gazprom) may have built artificial barriers preventing gas from flowing from certain Central Eastern European countries to others, hindering cross-border competition," European Competition Commissioner Margrethe Vestager said in a statement.
"Keeping national gas markets separate also allowed Gazprom to charge prices that we at this stage consider to be unfair," she said.
Her decision to move against Gazprom came more than two years after Brussels started investigating the gas group and just a week after she charged U.S. tech giant Google with abusing its market power after five years of hesitation by her predecessor.
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