Explainer: U.S. dependence on China’s rare earth – Trade war vulnerability
Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites...
House panel to probe competition in digital markets
The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into competition in digital markets....
Sephora to shut U.S. stores for diversity training after racial incident
LVMH’s Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices for an hour on Wednesday to conduct diversity...
Major automakers post U.S. higher May new vehicle sales
Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat...
Tech selloff sends Wall St. lower, Nasdaq enters correction
The three major U.S. stock indexes declined on Monday and Nasdaq confirmed it was in a correction, dragged down by Alphabet, Facebook and Amazon.com on...
U.S.-China tariffs tiff saps emerging market bond rally: UBS debt chief
U. S. President Donald Trump’s tariffs confrontation with China may force global bond investors to rethink exposure to emerging markets despite robust 2019 gains, according...
Airlines scramble to overcome polluter stigma as ‘flight shame’ movement grows
In Lorna Greenwood’s London home, there is a shelf lined with travel guides. But the 32-year-old mother and former government employment lawyer has given up...
Wall St. edges higher, boosted by healthcare; Alphabet, Amazon pressure Nasdaq
The S&P 500 and Dow Jones industrials ticked higher on Monday, propped up by healthcare stocks, but steep losses in shares of internet giants Alphabet...
U.S. transport agency green lights American Airlines Qantas joint venture
The U.S. Transportation Department on Monday said it granted tentative approval to American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture,...
Trump tariffs could cost an extra nickel per burrito, says Chipotle
Chipotle Mexican Grill Inc on Monday estimated a $15 million hit from President Donald Trump’s proposed tariffs on Mexican imports, and said it could cover...