U.S., Canada and Mexico reach agreement – again – to replace NAFTA
Top officials from Canada, Mexico and the United States signed a fresh overhaul of their quarter-century-old regional trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a paten…
McConnell says Senate will not take up USMCA next week
Senate Majority Leader Mitch McConnell said on Tuesday the U.S. Senate would not take up the USMCA trade deal next week before congressional recess.
Peloton tumbles over 6% after short seller warns of competition
Shares of Peloton Interactive tumbled over 6% on Tuesday after noted short seller Andrew Left valued the seller of stationary exercise bicycles at about one seventh of its recent stock price.
Lighthizer says U.S. is invested in Mexico’s success as countries sign trade deal
U.S. Trade Representative Robert Lighthizer stressed that the United States has a stake in Mexico’s success as representatives from the United States, Mexico and Canada gathered in Mexico City on Tuesday to sign modifications to the United States-Mexic…
Amazon issues fix after some Blink home cameras found vulnerable to hacking
Amazon.com Inc said on Tuesday it had issued a fix to rectify security flaws in certain of its Blink home camera systems after a cyber security firm found vulnerabilities that could let hackers hijack the device.
Wall Street treads water as tariff deadline nears
U.S. stocks gave up gains to trade nearly flat in a choppy session on Tuesday as investors focussed on trade-related headlines ahead of a new round of tariffs on Chinese goods.
U.S. senators threaten Facebook, Apple with encryption regulation
U.S. senators grilled Apple Inc and Facebook Inc executives over their encryption practices on Tuesday and threatened to regulate the technology unless the companies make encrypted user data accessible to law enforcement.
Exxon Mobil scores win in New York climate change lawsuit
Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate change regulation.
Exxon wins climate change lawsuit, as cases over global warming proliferate
Exxon Mobil Corp on Tuesday scored a win in a closely-watched case after a judge ruled that the company did not hide the true cost of climate change regulation from investors.
U.S. third-quarter labor cost growth cut; productivity soft
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term.