Mexican businesses focus on labor provisions as they pore over USMCA trade deal text
Mexican business leaders on Wednesday began poring over texts of a new stricter trade deal with the United States and Canada, looking for details of...
Fed holds rates steady, expects moderate economic growth next year
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and...
U.S. chief executives back revised USMCA trade deal
The Business Roundtable, a trade group of top U.S. chief executives, announced Wednesday its members backed the revised U.S.-Mexico-Canada (USMCA) trade deal after negotiators brought...
Nestle moves U.S. ice cream brands to Froneri in $4 billion deal
Nestle has agreed to sell its U.S. ice cream business to Froneri, moving U.S. control of brands including Häagen-Dazs to the joint venture the Swiss...
Meltdowns and touchdowns: How the U.S. scored a Canada-Mexico trade deal
Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union president – and may...
Factbox: Labor, environment, drugs top changes to North American trade deal
Stronger worker and environmental protections top changes to a new version of the North American trade deal signed by U.S., Mexican and Canadian officials on...
S&P 500, Nasdaq open higher; Dow hit by Boeing, Home Depot
The S&P 500 and the Nasdaq indexes opened slightly higher on Wednesday, with investors waiting for the Federal Reserve’s decision on monetary policy, while losses...
U.S. inflation firms in November; Fed seen on hold
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve’s intention not to cut interest rates again...
American Eagle holiday-quarter forecast below estimates on higher markdowns
American Eagle Outfitters Inc forecast holiday-quarter profit and comparable sales below market estimates on Wednesday, as weaker demand pressures the retailer into offering higher discounts...
FAA chief says 737 MAX won’t be cleared to resume flying in 2019
Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co’s (BA.N> grounded 737 MAX, involved in two fatal crashes...