Business

National

Tensions Rise Between U.S. And China Over Trade Actions

5:03pm June 15, 2018

by Chris Arnold

Trade tensions between the U.S. and China escalated rapidly Friday after President Trump unveiled tariffs on $50 billion in Chinese goods and China moved swiftly with retaliation.

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National

Chicago's Hyperloop Announcement Met With Questions

5:03pm June 15, 2018

by David Schaper

Tesla CEO Elon Musk and Chicago Mayor Rahm Emanuel announced plans for high-speed transit to O'Hare International Airport via underground tunnels. The technology is unproven, raising questions about the project.

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Economy

Gettin' Giggy With It

4:28pm June 15, 2018

Despite the proliferation of apps like Lyft, TaskRabbit, and Uber, a new report found no growth in people primarily doing this kind of work. Here's how the "gig economy" is and isn't changing.

A crew hangs a Huawei advertising banner on the side of the Las Vegas Convention Center in January. Some senators want to ban it the world's third-largest seller of smartphones from the U.S.

As Vote On ZTE Sanctions Looms, Some U.S. Lawmakers Focus On A Bigger Chinese Telecom

3:57pm June 15, 2018

by Dustin Dwyer

Chinese telecom equipment giant Huawei is the world's third-largest seller of smartphones, and a few powerful senators say they want to ban it entirely from the U.S. amid national security concerns.

McDonald's said Friday its restaurants across the U.K. and Ireland will start swapping out plastic straws for paper ones.

Environment

McDonald's Says It's Ditching Plastic Straws In U.K. And Ireland

2:47pm June 15, 2018

by Laurel Wamsley

McDonald's also says it will test alternatives to plastic straws in some restaurants in the U.S. and several other countries later this year.

After announcing the new import taxes, President Trump spoke to reporters outside the White House on Friday.

Trump Hits China With Tariffs On $50 Billion Of Goods; China Says It Will Retaliate

11:09am June 15, 2018

by Bill Chappell

After months of threats, U.S. customs will begin to collect the new tariffs on Chinese imports on July 6. The president says he is targeting China's technology sector.

News Brief: Report Criticizes Comey, Republicans To Vote On Immigration, Tariffs On China

5:02am June 15, 2018

Former FBI Director James Comey has been found insubordinate in his handling of the Clinton email investigation, but not biased. Also, House Republicans plan to vote next week on immigration bills.

Kentucky filed a lawsuit against Walgreens on Thursday for allegedly failing to adequately monitor its operations as it shipped and dispensed large quantities of opioids.

Kentucky Sues Walgreens For 'Dual Role' In The State's Opioid Crisis

9:20pm June 14, 2018

The lawsuit alleges the company fulfilled orders "for such large quantities of prescription narcotic pain medication that there could be no associated legitimate medical purpose for their use."

Christian Pulisic of the U.S. Men's team reacts to his team's loss to Trinidad and Tobago last October.

World Cup Begins Without The U.S. Men's Team

5:58pm June 14, 2018

by Tom Goldman

For the first time since 1986, the U.S. men didn't qualify. Officials say they are focused on getting the team back on the World Cup stage in four years.

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Economy

Trading Spaces

4:34pm June 14, 2018

The New York Stock Exchange — that bastion of American capitalism — owes its existence to two dozen men, a buttonwood tree, and a coffee shop. Today on The Indicator: the history of Wall Street.