U.S., China talks focus on cutting trade deficit, China denies $200 billion target

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said on Friday he was determined to stop China from "taking our jobs, taking our money" as U.S. and Chinese negotiators met for a second day to try to avert a tariff war and find ways to boost U.S. exports to China.

Trump economic adviser Kudlow says China 'meeting many of our demands' on trade

WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Friday that China is "meeting many of our demands" on reducing its trade surplus with the United States but that no deal had emerged yet.

ADM has resold most U.S. sorghum shipments that were bound for China

CHICAGO (Reuters) - Most of agricultural trader Archer Daniels Midland Co's sorghum shipments to China had been diverted and resold to other markets when Beijing dropped an anti-dumping probe into U.S. imports of the grain on Friday, a company spokeswoman said.

U.S. could take 'very harsh' changes in case of China's ZTE: White House adviser

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross is having a second look at trade remedies in the case of China telecommunications company ZTE Corp "and if there are any structural changes in their case, they will be very harsh," White House econonic adviser Larry Kudlow told Fox Business News on Friday.

Trump urged U.S. Postal Service to double package rates for Amazon: Washington Post

WASHINGTON (Reuters) - President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources.

Wall St. set for weekly loss as bank and chip stocks weigh

NEW YORK (Reuters) - Bank and chipmaker stocks helped pull the S&P 500 into negative territory on Friday, capping a week of choppy trading as trade talks with China, rising U.S. government bond yields and increasing oil prices kept investors on edge.

CBS votes to end Redstone control but must take battle to court

(Reuters) - CBS Corp’s board on Thursday voted to end Shari Redstone’s control of the media company, but the move will not take effect unless a Delaware judge sides with CBS in its litigation to stop a potential merger with Viacom Inc .

Goldman CEO Blankfein likely to step down by December: NYT

(Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein is expected to step down by December, the New York Times reported on Friday, citing people familiar with the bank's plan.

Campbell Soup CEO quits; company cuts forecast, to review portfolio

(Reuters) - Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, as the company issued a bleak forecast for the year and said it would embark on a review of its many brands.

Wall Street's 'Sell in May' could be fading away

NEW YORK (Reuters) - "Sell in May and go away," arguably the most well-worn axiom on Wall Street, has proven to be shrewd advice during previous midterm election years.

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