U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companie…
Stocks drop as Trump’s Latin American tariffs revive trade angst
Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.
U.S. proposes 100% tariffs on French Champagne, cheese, handbags over digital tax
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.
Britain’s Reckitt Benckiser gives new parents more paid leave
British household goods maker Reckitt Benckiser Group Plc said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues.
State AGs fight bonus pay for CEO of OxyContin-maker Purdue
The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.
Exclusive: Brazil’s Odebrecht in talks to stave off Braskem sale, keep payout – sources
Creditors of Brazil’s Odebrecht SA are in advanced talks to let the corruption-ensnared conglomerate keep its crown jewel asset, listed petrochemical company Braskem SA , for another two years, retreating from their prior demand for a quick sale, two s…
U.S. Cyber Monday sales poised to top $9.4 billion
Cyber Monday sales were on course to bring in a record $9.4 billion, according to early estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping.
Wells Fargo adds more external bankers to top ranks
Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago.
U.S. vows 100% tariffs on $2.4 billion of French products over digital services tax
The U.S. government on Monday said it could slap additional duties of up to 100% on $2.4 billion in French imports of Champagne, handbags, cheese and other products, after concluding that a new French digital services tax would harm U.S. tech companies…
UnitedHealth forecasts 2020 earnings, midpoint below estimates
Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the midpoint of which was below analysts’ estimates.
