"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC's Sara Eisen during an interview Friday on "Squawk on the Street."The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
"I feel like I've contributed all I can to this primary election," he told MSNBC's "Morning Joe." "And it's clearly not my time. So I'm going to end my presidential campaign."2020 Electionsread more
The United Auto Workers union and General Motors are making progress on their labor contract talks, however there remain "many" outstanding issues, according to a union leader...Autosread more
Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her...Politicsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
Joshua Harris, Apollo Global Management's co-founder, has a message for private equity's naysayers in Washington.Delivering Alpharead more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Two sites were hit Saturday — the Abqaiq and Khurais oil facilities — which took out 5.7 million barrels per day of oil production.World Politicsread more
Steven Spielberg's Amblin Partners and Chinese e-commerce giant Alibaba's media arm announced a partnership Sunday to co-produce films for global audiences.
The deal adds to a multibillion-dollar string of Chinese ventures with Hollywood studios to capture more of the profits from China's growing media market.
Alibaba Pictures will acquire a minority stake in Amblin Partners, the companies said. Amblin, co-owned by Spielberg, combines DreamWorks Studios, Participant Media, Reliance Entertainment and Entertainment One.
No financial details were announced.
Alibaba, led by founder Jack Ma, is China's biggest online commerce company and has expanded into entertainment with its 2014 acquisition of a 60 per cent stake in a Hong Kong company that became Alibaba Pictures. Alibaba also owns the Youku Tudou online video service.
The partnership "marks an important milestone in our globalization strategy to reach Chinese and global audiences alike," said Alibaba Pictures chairman Shao Xiaofeng in a statement. "We will also leverage Alibaba Group's ecosystem as a channel for Amblin Partners' films to reach hundreds of millions of Chinese consumers."