BUSINESS
Donald Trump calls GM's CEO in push to reopen Ohio auto plant
Trump's arm-twisting came in a series of separate tweets on Saturday and Sunday . He capped his weekend rant against the GM with a tweet disclosing that he had vented his frustrations during a conversation with the company's CEO, Mary Barra.
BUSINESS
Honda recalls 1.2 mn more vehicles with dangerous air bags
The incident forced Honda on Tuesday to recall about 1.2 million vehicles in North and Central America from the 2001 to 2016 model years to replace inflators that had not been included in the massive string of Takata recalls for air bags that can hurl shrapnel into the passenger compartment.
BUSINESS
China calls US-North Korea summit an 'important step'
Trump and Kim's summit ended abruptly last Thursday after a dispute over how much sanctions relief Washington should provide Pyongyang in return for nuclear disarmament steps.
BUSINESS
Nissan ex-chair Carlos Ghosn says he is innocent, ready for defense
Jean-Yves Le Borgne, Ghosn's French lawyer, cautioned that prosecutors still had leeway to file new charges. Suspects in Japan are kept detained for months, especially those who insist on innocence like Ghosn. Some legal experts, including Hironaka, have criticized the system as "hostage justice," saying the long detentions tend to encourage false confessions.
BUSINESS
China sets 2019 economic growth target at 6 to 6.5%
In a bid to defuse U.S. and European trade complaints, Premier Li Keqiang pledged in a speech at the opening of China's national legislative session that foreign and local companies will be "treated as equals."
BUSINESS
Donald Trump, Kim Jong Un begin talks with one-on-one meeting
Trump and Kim met Thursday, the morning after they opened the summit in Vietnam. Trump told reporters that "a lot of great ideas" are "being thrown about."
WORLD
Q&A: What's at stake as India-Pakistan tensions rise?
On February 14, a suicide car bomber attacked a paramilitary convoy on the Indian-controlled side of Kashmir in the Himalayas, killing more than 40 troops.
BUSINESS
Donald Trump, Kim Jong Un to hold second nuclear summit with world watching
Kim was expected to take in some sights before the leaders open their second nuclear summit with private talks and a social dinner.
BUSINESS
Warren Buffett's firm reports $25 billion Q4 loss on paper stock losses
That's down from last year's profit of $32.6 billion, or $13.19 per B share.
BUSINESS
China, US start trade talks ahead of tariff deadline
Businesspeople and economists say the two days of talks that started Thursday are unlikely to resolve a fight over Beijing's technology ambitions. They say Chinese negotiators are trying to persuade Trump they are making enough progress to postpone the March 2 duty increase.
BUSINESS
Google to invest $13 billion in new US offices, data centers
"2019 marks the second year in a row we'll be growing faster outside of the (San Francisco) Bay Area than in it," he wrote. Google will build new data centers in Nevada, Texas, Oklahoma, Nebraska, Ohio, South Carolina and Virginia. Pichai estimated the construction of the new centers will employ 10,000 workers.
BUSINESS
Honda says it is recalling 437,000 vehicles for fuel-pump issue
The automaker says the vehicles' software needs to be updated, and in some cases, have their fuel pumps replaced.
BUSINESS
Apple's top retail executive to leave amid iPhone sales slowdown
The shake-up announced Tuesday ends Angela Ahrendts' five-year stint overseeing Apple's 506 retail stores and e-commerce operations. She is being replaced by Deirdre O'Brien, a longtime Apple executive who also runs the company's human-resources department.
WORLD
Indian-origin senator Kamala Harris to contest US presidential election in 2020
Vowing to "bring our voices together," Harris would be the first woman to hold the presidency and the second African-American if she succeeds.
BUSINESS
Netflix raising prices for 58 mn US subscribers as costs rise
That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.
WORLD
US threatens sanctions over Russia-Germany gas pipeline
A letter envoy Richard Grenell sent to several businesses "reminds that any company operating in the Russian energy export pipeline sector... is in danger under CAATSA of US sanctions," an embassy spokesman told AFP.
BUSINESS
Donald Trump signals no end to shutdown: 'You have to have a wall'
Trump vowed to hold the line, telling reporters during a visit to Iraq that he'll do "whatever it takes" to get money for border security. He declined to say how much he would accept in a deal to end the shutdown, stressing the need for border security.
BUSINESS
Nissan American executive Greg Kelly released on bail in Japan
Kelly was freed on 70 million yen (USD 635,600) bail, ending his detention after more than a month.
BUSINESS
North Korea says it won't denuclearize unless US removes threat
The statement carried by the official Korean Central News Agency on Thursday comes amid a deadlock in nuclear negotiations between the United States and North Korea.
BUSINESS
Fed Chairman Jerome Powell says economic challenges remain
Powell said in remarks at a Fed award ceremony that these challenges remain even though unemployment is near five-decade low and the financial system has been bolstered since the 2008 financial crisis.
BUSINESS
Ban Ki-moon urges North Korea to take denuclearization steps
Ban told The Associated Press on Monday that "this is the time" to achieve North Korea's denuclearization after nearly a quarter century of unsuccessful efforts, and that the world should not lose this opportunity.
BUSINESS
Uber fined nearly $1.2 million by Dutch, UK over data breach
Britain's Information Commissioner's Office said Tuesday it fined the company 385,000 pounds ($491,000) and Dutch officials imposed a 600,000-euro ($679,000) fine for violating Dutch data protection laws.
BUSINESS
Dolce & Gabbana goods pulled from Chinese e-commerce sites over alleged insults
Searches for Dolce & Gabbana turned up no items on major online retailers such as Alibaba's Tmall and JD.com. Both companies didn't respond to requests for comment.
WORLD
Michael Bloomberg donates 'unprecedented' $1.8 bn to Johns Hopkins
The Baltimore university said the contribution the largest ever to any educational institution in the US will allow Johns Hopkins to eliminate student loans in financial aid packages starting next fall.
