U.S.-China tariff talks resume amid looming decision
Washington invites Beijing to new tariff talks as Trump weighs raising duties on 200 billion dollars of Chinese goods. Beijing says talks are under discussion after August talks yielded no progress. Chambers warn of disrupted supply chains and slower global growth, with firms delaying investment.
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Sears and Kroger See Mixed Q2 Results in Roundup
Sears Holdings reports a 3.9 percent Q2 decline at established stores as losses widen to 508 million dollars while Kroger posts a 44 percent jump in quarterly profit from an investment gain and slight sales growth. Aultman Hospital shutters its psychiatric unit citing stricter regulation and cost concerns.
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Technology stocks buoy Wall Street led by Apple rally
U S equities climbed as Apple and Qualcomm drove a tech rally with gains across chipmakers and software firms. Apple rose after unveiling three iPhone models and Apple Watch updates while concerns over potential tech regulation linger ahead of a sector reorganization into a communications services group.
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