Paris shops feel the pinch as virus keeps Chinese tourists away
For some shopkeepers in Paris, home to prestigious stores where Chinese tourists love to splurge, an abrupt drop-off in visitors as China tries to contain...
Altria takes another $4 billion hit on Juul investment, revises deal terms
Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the...
Oil falls 3% to new three-month lows as China virus cases surpass SARS total
Oil prices fell 3% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to...
Wall Street slides on China virus concerns, Facebook earnings
U.S. stocks dropped on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, with weak earnings from Facebook and others...
Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade
Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican...
U.S. weekly jobless claims fall; prior week revised sharply higher
The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much...
U.S. banks could invest in venture capital funds again under ‘Volcker rewrite’
U.S. banks would be able to take large stakes in venture capital funds under a proposal to ease strict bank trading and investment rules introduced...
Wall St. falls on China virus concerns, Facebook earnings
U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, while weak earnings from Facebook and others...
Aston Martin calls board meeting to decide on fundraising
British luxury carmaker Aston Martin will hold a board meeting on Thursday to decide whether to raise funds through the sale of a strategic stake,...
U.S. economy misses Trump’s 3% growth target in 2019
The U.S. economy missed the Trump administration’s 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019...