Mexican official floats prospect of labor tweak for trade deal
Adjustments could be made to how labor disputes are handled in the new United States-Mexico-Canada Agreement (USMCA) trade deal to help push through its ratification in the United States, Mexican deputy foreign minister Jesus Seade said on Wednesday.
U.S. economy growing modestly, labor market still tight: Fed report
The U.S. economy expanded modestly from October to mid-November and the outlook for growth was generally positive while labor markets remained tight across the country, the Federal Reserve said in a report on Wednesday.
Top U.S. retailers absorb tariff pressure ahead of holiday shopping season
Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc and Amazon.com Inc have held prices steady for many other popular holiday products despite the p…
Oil edges lower after U.S. crude and gasoline build
Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon.
Strong data, trade optimism propel Wall Street to record levels
Wall Street’s main indexes hit record highs on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to a resilient domestic economy, while investors remained optimistic about a resolution to U.S.-China trade tensions.
U.S. economy picks up in third-quarter; data surprise on the upside
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.
Boeing 777X fuselage split during September stress test: Seattle Times
The fuselage of Boeing Co’s upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.
Exclusive: AB Inbev explores options for packaging ops – sources
Anheuser-Busch InBev , the world’s largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.
Facebook must face data breach class action on security, but not damages: judge
A federal judge said up to 29 million Facebook Inc users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after a series of privacy lapses…
Global stocks near record highs on trade hopes, dollar gains
The U.S. dollar rose and a gauge of global equities pushed closer to an all-time high on Wednesday after a batch of U.S. economic data brightened the economic outlook and investors remained bullish on the prospect of a U.S.-China trade accord.
