News Trump threatens 20 percent tariff on European Union cars 2018-06-22T10:50:19.000000000-04:00 WASHINGTON (Reuters) - U.S. President Donald Trump threatened to impose a 20 percent tariff on all European Union-assembled cars coming into the United States, a month after the administration launched an investigation into whether auto imports pose a national security threat. OPEC agrees modest hike in oil supply after Saudi and Iran compromise 2018-06-22T10:47:38.000000000-04:00 VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage. Supreme Court rules warrants required for cellphone location data 2018-06-22T10:41:10.000000000-04:00 WASHINGTON (Reuters) - The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a victory for digital privacy advocates and a setback for law enforcement authorities. Trump urges Republican lawmakers to drop immigration effort 2018-06-22T10:38:39.000000000-04:00 WASHINGTON (Reuters) - U.S. President Donald Trump urged Republican lawmakers on Friday to drop their efforts to pass comprehensive immigration legislation until after the November elections, which he hopes will boost the party's majority in Congress. Energy, financials push Wall Street higher; tech weighs 2018-06-22T10:29:47.000000000-04:00 (Reuters) - Energy and bank stocks led the S&P and Dow higher on Friday, though a decline in technology shares capped gains and pushed the Nasdaq slightly lower. OPEC agrees modest hike in oil supply after Iran softens stance 2018-06-22T10:16:04.000000000-04:00 VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. Exclusive: Tesla to close a dozen solar facilities in nine states - documents 2018-06-22T09:20:10.000000000-04:00 LOS ANGELES/SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current ... Trade tremors set stocks up for worst week in three months 2018-06-22T09:00:00.000000000-04:00 LONDON (Reuters) - World shares rose on Friday but were set to end in the red for a second week running amid intensifying worries over the fallout of a trade dispute resulting from U.S. tariffs, while oil prices rose with an OPEC meeting underway. Chinese media says U.S. has 'delusions' as impact of trade war spreads 2018-06-22T08:59:26.000000000-04:00 BEIJING/SHANGHAI (Reuters) - U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernization, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted. OPEC reaches deal to raise oil output from July: source 2018-06-22T08:35:26.000000000-04:00 VIENNA (Reuters) - OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.