Trump’s tariffs cost U.S. companies $46 billion to date, data shows
Tariffs imposed by President Donald Trump to restructure the United States’s top trade relationships have cost American companies $46 billion since February 2018, and U.S....
Stocks scale records, oil dips, as investors hail easing of Mideast tensions
Crude prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in a relief rally after...
Airbus boosts output at U.S. plant amid tariff dispute
Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the...
U.S. weekly jobless claims fall, but labor market cooling
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans...
Tech rally, trade hopes boost Wall Street to record highs
U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal rose and several brokerages boosted price targets...
Ghosn ‘very comfortable’ after Lebanon questioning: lawyer
Carlos Ghosn’s lawyer said he was “very comfortable” with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned over an extradition...
U.S. weekly jobless claims fall, but labor market momentum waning
New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans...
Ackman avoids limelight even as Pershing Square posts record 2019
Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after...
Oil slips as focus shifts from Iran tensions to U.S. crude stocks
Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising U.S. crude stocks and...
Kinder Morgan sells Pembina shares for $764 million
Pipeline operator Kinder Morgan Inc said on Thursday it sold the 25 million shares in Canada’s Pembina Pipeline Corp that it received when Pembina bought...