Stocks traded higher for a second straight day on hopes the Federal Reserve chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
A Volkswagen spokesperson called the report that CEO Herbert Diess is interested in buying a stake in Tesla "completely unfounded."Technologyread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
Kraft has filed a contempt motion against the CFTC over a press release announcing the $16 million fine to settle claims of manipulating wheat prices.Food & Beverageread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
Michael Burry thinks GameStop still has upside as Sony's and Microsoft's upcoming consoles will likely have physical optic drives.Investingread more
Target shares closed Wednesday up more than 20%, after the retailer reported impressive profit growth and a spike in traffic that surpassed analysts' expectations.Retailread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
PARIS, May 16 (Reuters) - Canadian Prime Minister Justin Trudeau on Thursday said his government would make an eventual decision on Huawei's involvement in building a 5G network based on intelligence advice and facts rather than on politics.
"We know that is it is extremely important that our citizens are safe and protected while at the same time give them a choice, opportunity and flexibility when it comes to technology," Trudeau told a press conference in Paris.
Trudeau also said China was holding Canadian citizens arbitrarily and that this was unacceptable. Trudeau was reacting after the Chinese foreign ministry said two detained Canadian citizens have been arrested on charges of gathering state secrets and stealing secrets for overseas forces. (Reporting by John Irish and Inti Landauro; editing by Richard Lough)