Top U.S. officials heading to Mexico in press to finalize USMCA – administration official
U.S. Trade Representative Robert Lighthizer and White House adviser Jared Kushner will head to Mexico on Tuesday to work on final details of the U.S.-Mexico-Canada (USMCA) trade pact, which has yet to be ratified by the U.S. Congress, an administration…
J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products
Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company’s Baby Powder and other talc-based cosmetics.
Wall St. falls as Apple, health shares drag, tariff deadline looms
U.S. stocks pulled back on Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news, including a potential turning point in the U.S.-China trade dispute.
Australia’s Westpac faces investor rage after exploitation payment scandal
Australia’s Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments.
Mexico asks Pelosi to act on trade deal, business groups wary
Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House Speaker Nancy Pelosi to decide on ratification of a North American trade pact, even as Mexican business groups fretted that proposed changes were weakening the deal.
Global stocks, gold little changed as trade war spurs concerns
Global equity markets traded flat on Monday on hopes officials would delay more U.S. tariffs set to take effect on Chinese goods this coming Sunday, while gold held firm as investors hedged against a possible escalation in the trade war.
Morgan Stanley cutting jobs due to uncertain global environment -source
Morgan Stanley is cutting about 2% of its workforce globally due to an uncertain global economic outlook, according to a source familiar with the matter.
Wall St falls as health, tech shares drag, tariff deadline looms
U.S. stocks pulled back on Monday from near record levels, dragged lower by healthcare and technology shares, as investors braced for a busy week of political and economic news including a potential turning point in the U.S.-China trade dispute.
Morgan Stanley cutting jobs due to uncertain global environment: CNBC
Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.
Volkswagen charged with violating vehicle emission standards in Canada
German automaker Volkswagen AG on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country’s environmental legislation, a Canadian government agency said.