Japan says gaps remain with U.S. on trade after ‘very tough’ talks
Japanese Economy Minister Toshimitsu Motegi said on Wednesday there were still gaps that needed to be filled before Tokyo and Washington could agree on a...
Trump attacks Ford Motor for not backing fuel economy rollback
U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel...
Asia shares find support, still waiting on stimulus
Asian shares edged ahead on Thursday after Wall Street got a boost from strong retail results, while bonds retreated as U.S. policy makers sounded conflicted...
Nordstrom beats profit estimates as it clears inventory faster and sells more online
Upscale U.S. retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more inventory, sending its...
Boeing awarded $999 million contract for A-10 wing replacements: Pentagon
Boeing has been awarded a $999 million defense contract to replace the wings on A-10 close air support aircraft, the Pentagon said on Wednesday....
Nordstrom misses quarterly revenue estimates
Department store chain Nordstrom Inc reported quarterly sales below analysts’ expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price...
Farmer’s threat prompts USDA to pull staff from crop tour
The U.S. Agriculture Department said on Wednesday it had pulled all staff from an annual crop tour after an employee was threatened, and three sources...
Stocks rise with focus on stimulus; U.S. yield curve briefly inverts
A global equities gauge rose on Wednesday for a third day in four as bets on more economic stimulus overcame, for now, worries over the...
Fannie Mae names former FDIC chair Sheila Bair to board
U.S. mortgage financing agency Fannie Mae said on Wednesday it named former Federal Deposit Insurance Corp chair Sheila Bair to its board....
Nordstrom profit beats estimates, shares surge 13%
Upscale retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday, as its focus on online business helped offset weaker sales in its brick-and-mortar stores,...