Payne: Harley-Davidson Using Trump's Tariffs as 'Cover' for Moving Production Overseas

President Donald Trump's tariffs on steel and aluminum imported from the EU. Trump tweeted . "Their employees and customers are already very angry at them". Last week, the European Union imposed retaliatory tariffs on U.S. goods, including bourbon... More..

by | Published more than a month ago
World reaction to Erdogan’s election victory
by | Tuesday, June 26, 2018

World reaction to Erdogan’s election victory

President Recep Tayyip Erdogan handily won re-election Sunday, cementing his hold on power with huge new authority, but his historic victory was tempered after his ruling party was deprived of a majority in a...More..

Chip stocks plunge after Trump's reported plan to restrict foreign technology investment
by | Tuesday, June 26, 2018

Chip stocks plunge after Trump's reported plan to restrict foreign technology investment

Benchmark Wall Street stock indexes suffered their worst losses in two months on Monday, while safe haven Treasury debt yields fell. The iShares PHLX Semiconductor ETF fell more than 3 percent at 11:30 ET. "C...More..

U.S. trade policy drives Harley Davidson to create European Union jobs
by | Tuesday, June 26, 2018

U.S. trade policy drives Harley Davidson to create European Union jobs

The EU targeted the United States vehicles as part of its rebuttal to Trump's tariffs on imported aluminum and steel, one aspect of his multi-front trade war. Harley shares fell as much as 4.2 per cent and were...More..

U.S. to limit Chinese investment in American tech firms
by | Tuesday, June 26, 2018

U.S. to limit Chinese investment in American tech firms

The U.S. would block Chinese companies from investing in U.S. technology companies, while restricting U.S. technology exports to China. The CBOE Volatility index, known as Wall Street's fear gauge, spiked to ...More..

Harley-Davidson To Shift Some Production Overseas Due To Trade War
by | Tuesday, June 26, 2018

Harley-Davidson To Shift Some Production Overseas Due To Trade War

The famed motorcycle maker said in a regulatory filing Monday that European Union tariffs on its motorcycles exported from the USA jumped from 6 percent to 31 percent. "We are now assessing the potential ...More..

Which Way Traders Signposts Harley-Davidson, Inc. (HOG), 3M Company (MMM) Stocks?
by | Tuesday, June 26, 2018

Which Way Traders Signposts Harley-Davidson, Inc. (HOG), 3M Company (MMM) Stocks?

After having $1.24 EPS previously, Harley-Davidson, Inc.'s analysts see 12.90 % EPS growth. Harley-Davidson Inc has a 12-month low of $39.34 and a 12-month high of $56.95. The firm owned 21,858 shares of the co...More..

Partial Results Show Turkish President Recep Tayyip Erdogan Leading in Country's Elections
by | Monday, June 25, 2018

Partial Results Show Turkish President Recep Tayyip Erdogan Leading in Country's Elections

Russian President Vladimir Putin "stressed that the results of the vote fully speak of Recep Tayyip Erdogan's great political authority (and) mass support of the course conducted under his leadership to solve T...More..

Harley-Davidson takes some production overseas due to new tariffs
by | Monday, June 25, 2018

Harley-Davidson takes some production overseas due to new tariffs

The company added, "Increasing worldwide production to alleviate the European Union tariff burden is not the company's preference, but represents the only sustainable option to make its motorcycles accessible t...More..

Tech tycoon warns of a data 'iceberg' as Brexit looms
by | Monday, June 25, 2018

Tech tycoon warns of a data 'iceberg' as Brexit looms

BMW board member Ian Robertson said the firm needed clarity on the UK's talks with the European Union by the end of summer. Signatories to the letter, organised by Economists for Free Trade (EFT) and released...More..

by | Monday, June 25, 2018

European Union import tariffs force Harley to rethink

President Donald Trump has used Harley-Davidson as an example of a USA business that is being harmed by trade barriers. Yet Harley has warned consistently against tariffs, saying they would negatively impac...More..

Harley, stung by tariffs, shifts some production overseas
by | Monday, June 25, 2018

Harley, stung by tariffs, shifts some production overseas

In addition, to address the substantial long-term cost burden from the tariffs the company plans to shift production of motorcycles for European Union destinations from the U.S.to worldwide facilities. The comp...More..

Thousands march demanding second Brexit vote
by | Monday, June 25, 2018

Thousands march demanding second Brexit vote

Saturday marked two years since Britain voted 52 to 48 per cent to quit the 28-nation EU. May's Conservative government is divided between Brexit-backing ministers calling for a clean break so that Britain ca...More..

German Chancellor Angela Merkel says European Union summit won't solve migration issue
by | Monday, June 25, 2018

German Chancellor Angela Merkel says European Union summit won't solve migration issue

Amid the mud-slinging, Spain's new Socialist government agreed to take charge of the migrants. German Chancellor Angela Merkel has visited a public school in Lebanon's capital Beirut, where numerous student...More..

9,000 barrels of bourbon fall in Kentucky distillery building collapse
by | Monday, June 25, 2018

9,000 barrels of bourbon fall in Kentucky distillery building collapse

That part of the structure holds an estimated 9,000 barrels. But Joe Prewitt, the director of Nelson County Emergency Management, told the Lexington Herald Leader that the storage building, or rickhouse, held...More..

Hungry rat shreds almost $18,000 worth of cash inside ATM
by | Sunday, June 24, 2018

Hungry rat shreds almost $18,000 worth of cash inside ATM

Following which, staff found banknotes completely destroyed inside the ATM that belongs to the State Bank of India, which is the largest bank in India. The State Bank of India has more than 50,000 ATMs across t...More..

Bank of England leaves rates unchanged, markets look to August
by | Sunday, June 24, 2018

Bank of England leaves rates unchanged, markets look to August

After the news that Mr Haldane has joined those pressing for a rise - MPC members Ian McCafferty and Michael Saunders - it is likely the market expectation for a rate rise will strengthen. dollar exchange rate,...More..

Eurogroup reaches agreement on final loan and debt relief for Greece
by | Sunday, June 24, 2018

Eurogroup reaches agreement on final loan and debt relief for Greece

Eurozone Ministers on Thursday will try to resolve their differences over the terms of Greece's departure from its massive bailout programme with splits over the degree of debt relief needed by cash-strapped...More..

AMC battles MoviePass, offers 3 movies a week for $20 a month
by | Sunday, June 24, 2018

AMC battles MoviePass, offers 3 movies a week for $20 a month

The program can be used for IMAX, Dolby Cinema, 3D and other premium formats. Theaters and MoviePass have a contentious relationship - MoviePass at one point pulled out of some AMC theaters earlier this yea...More..

Adopt a pet in honor of Take Your Dog to Work Day
by | Sunday, June 24, 2018

Adopt a pet in honor of Take Your Dog to Work Day

Your workplace may have a few extra "employees" this Friday because today is National Bring Your Dog To Work Day , an annual fundraising event for charities helping man's best friend. Looking for a dog friendl...More..

Greece gets 'historic' debt relief deal
by | Sunday, June 24, 2018

Greece gets 'historic' debt relief deal

Greece's 86-billion-euro programme was agreed in 2015 after six contentious months of negotiation and is set to end this summer, bringing the level of assistance received by Athens to 273 billion euros since ...More..

EU supporters march in London to call for Brexit deal referendum
by | Sunday, June 24, 2018

EU supporters march in London to call for Brexit deal referendum

Organisers of the People's Vote march said Brexit was "not a done deal" and people must "make their voices heard". He said: "I think the realities are setting in and I think it is time to get away from slog...More..

Tesla to close a dozen solar facilities in nine U.S
by | Sunday, June 24, 2018

Tesla to close a dozen solar facilities in nine U.S

This week, the company filed suit in federal court in Nevada alleging former process technician Martin Tripp is the culprit, according to a report by CNBC . In an interview with the Washington Post , T...More..

SCOTUS ruling has huge implications for online shopping
by | Sunday, June 24, 2018

SCOTUS ruling has huge implications for online shopping

The department will be analyzing the court's decision but was "pleased" with the ruling , according to a statement. Rep. Carol Shea-Porter said , "Other states shouldn't be able to force Granite State busin...More..

Trump threatens tariff on European cars
by | Saturday, June 23, 2018

Trump threatens tariff on European cars

Build them here!" The EU's reactive charges on €2.8bn (£2.4bn) worth of USA goods came into force on Friday morning, with European Commission president Jean-Claude Juncker slamming the White House for actin...More..

Latin America Energy, Oil and Gas, News and Information
by | Saturday, June 23, 2018

Latin America Energy, Oil and Gas, News and Information

That reflects a one million barrel-a-day adjustment on paper to the production cuts implemented by the Organisation of Petroleum Exporting Countries and its allies, the delegate said, asking not to be named bec...More..

OPEC agrees to pump more oil and crude prices jump
by | Saturday, June 23, 2018

OPEC agrees to pump more oil and crude prices jump

Oil prices have been on a roller-coaster ride over the last few years, with the worldwide marker, Brent, trading above $100 a barrel for several years until 2014, dropping to nearly $26 in 2016 and then recover...More..

by | Saturday, June 23, 2018

OPEC countries to pump more oil to contain price increase

It's a little stop of the bleeding. "A lot of people feel this market is oversold". The energy sector was the biggest gainer of the benchmark S&P 500 index, rising 2.2 per cent, while the technology sector ...More..

Tadawul chairwoman congratulates Saudi stock exchange for 'yet another success'
by | Saturday, June 23, 2018

Tadawul chairwoman congratulates Saudi stock exchange for 'yet another success'

Tadawul's CEO Khalid al-Hussan confirmed to Reuters that the stock exchange will work with stakeholders to ensure that the "substantial inflows of capital" will not adversely affect the market. The first exchan...More..

by | Saturday, June 23, 2018

Supreme Court Rules States Can Require Sales Tax for Online Purchases

In the amicus brief eBay filed in support of the retailers South Dakota had sued over collecting sales taxes - Wayfair , Overstock and Newegg - the company said overturning Quill would "greatly und...More..

by | Friday, June 22, 2018

Saudi Arabia Inching Towards Pro-Nigeria Compromise Ahead Of OPEC Meeting

Pradhan said at an OPEC conference in Vienna. But on Wednesday, Iranian Oil Minister Bijan Zanganeh said OPEC members that had over delivered on cuts in recent months should comply with agreed quotas. Falli...More..

European Union to impose countertariffs on USA products as of Friday
by | Friday, June 22, 2018

European Union to impose countertariffs on USA products as of Friday

The goods targeted include typical American products like bourbon, peanut butter, and orange juice, in a way that seems designed to create political pressure on U.S. The first test of whether a tariff war wil...More..

European Union slaps tariffs on United States as trade war erupts
by | Friday, June 22, 2018

European Union slaps tariffs on United States as trade war erupts

In March, President Trump pledged to impose 25 percent tariffs on steel imports and 10 percent tariffs on aluminum imports from Canada , Mexico and the European Union . The first test of whether a tariff wa...More..

Nigeria, S-Arabia, others disagree over oil supply
by | Friday, June 22, 2018

Nigeria, S-Arabia, others disagree over oil supply

Several other OPEC members, including Venezuela and Iraq, are also against major changes to the pact as they are unable to immediately boost production. Venezuela's oil industry is collapsing due to years of mi...More..

China hikes tariffs on U.S. soybeans, electric cars, fish
by | Thursday, June 21, 2018

China hikes tariffs on U.S. soybeans, electric cars, fish

Industrial and technology companies took some of the worst losses as investors anxious that the dispute could grow more intense and drag down global economic growth. US crude fell 1.6 percent to $64.80 a barrel...More..