US electric carmaker Tesla Inc will offer local movies and game services in its vehicles in China, Cankaoxiaoxi, a Chinese newspaper run by Xinhua News Agency, reported on Monday.
US President Donald Trump enters the Diplomatic Room of the White House in Washington on Sunday to announce that Abu Bakr al-Baghdadi, leader of the Islamic State group, is dead. MANUEL BALCE CENETA/AP
US exports to China slumped by 7 percent last year, as the trade dispute between the two countries began to take a bite, but still outpaced export growth to the rest of the world over the last decade, underlining China's important role in sustaining US jobs, according to a US-China Business Council (USCBC) report.
US Fed Chairman Jerome Powell was quoted by the Associated Press, saying that the US central bank has heard about businesses holding off on hiring and spending in response to the trade conflict.
Uber's shares ended the day down 7.6% at .57, even as the S&P 500 reversed losses to end in positive territory. Only about a fifth of IPOs have ended their first day of trading in the red in the last two years, according to Dealogic data.
UT Austin's reopening plan, called Protect Texas Together, requires on-campus students to self-quarantine for 14 days before going to classrooms and includes a phone app that offers coronavirus tests and related health information.
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US companies in China have also taken a hard hit from the trade conflict. According to a survey by the US-China Business Council, or USCBC, 86 percent of its members report that bilateral trade tensions have affected their business with China.
US Representative Tulsi Gabbard of Hawaii, a Democrat, called on federal officials to quickly respond to needs such as short-and long-term housing and infrastructure repairs.
US companies cut 22 million jobs in March and April and replaced about 9 million over the next three months.
US President Donald Trump withdrew Washington from the Iranian international nuclear agreement in May and vowed to re-impose sanctions on Iran's financial, automotive, aviation and metal sectors.