Canada kicks off USMCA ratification process, urges bi-partisan co-operation
Canada’s minority Liberal government kicked off the ratification process for a new continental trade pact on Monday and urged opposition lawmakers to formally approve the deal as quickly as possible.
Oil falls 2% to three-month lows as China virus raises demand fears
Crude prices dropped 2% to three-month lows on Monday as the death toll from China’s coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand.
Wall Street tumbles as virus fears hit travel, growth stocks
Wall Street’s main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.
U.S. motorists drove less in November than year earlier
U.S. motorists traveled fewer miles in November than a year earlier, the U.S. Department of Transportation said in a report on Monday.
Wall Street skids as virus fears hit tech, travel stocks
Wall Street’s main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.
J&J chief testifies he did not read all documents related to asbestos in talc
Johnson & Johnson Chief Executive Alex Gorsky told a jury Monday that he did not read all the internal company documents related to potential asbestos contamination in Johnson’s Baby Powder.
Stocks slide to two-week low on China virus fears, safe havens gain
Stocks markets tumbled worldwide on Monday and investors worried about the possible economic impact of the coronavirus drove up the price of safe-haven assets such as the Japanese yen and government debt.
Oil falls 3% to three-month low as China virus threatens demand
Crude prices dropped 3% to three-month lows on Monday as the death toll from China’s coronavirus grew and more businesses were forced to shut down, fuelling expectations of slowing oil demand.
Travel, tech stocks lead Wall St. lower as China virus fears mount
U.S. stocks fell more than 1% on Monday as investors worried about the economic fallout of the fast-spreading coronavirus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.
GM to invest $2.2 billion at Detroit factory to make electric trucks, SUVs
General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday.