Dow futures were pointing to a 500 point drop at the open after President Donald Trump said that the U.S. will hike tariffs on goods imported from China.
at Amazon's delivery network illustrates why it is now ready to make one-day shipping the default for its Prime members. The vast delivery network is a result of significant investments over the past four years. , a non-intoxicating cannabis compound, to ease pain and anxiety. CBD pet products could balloon to a $1.16 billion industry in the U.S. by 2022, the Brightfield Group estimates.
Tesla's bid for a tariff exemption was rejected by U.S. trade officials. Tesla had sought the exemption for the Chinese-manufactured technology that controls its Model 3 vehicle. Sinclair Broadcast Group announced a deal to buy 21 regional sports networks from Walt Disney for $9.6 billion. The deal had been widely reported to be imminent on Friday before the late-day official announcement.
Fiat Chrysler's $307.5 million settlement over diesel emissions was approved by a U.S. judge. The settlement involves about 100,000 owners of diesel vehicles that allegedly had illegal software allowing excess emissions. Dish Network was upgraded to "neutral" from "underperform" at Credit Suisse, which thinks video subscriber losses for the satellite TV provider will lessen in the second half of the year.
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