Wall Street retreats from record on trade cloudiness
U.S. stocks fell on Thursday as conflicting tones surrounding a possible trade deal between the United States and China eclipsed strong earnings reports from Apple and Facebook.
Mexico says timetable slipped slightly for U.S. to ratify trade deal
The timetable towards ratification of a new North American trade deal has slipped slightly but the pact could still pass the U.S. Congress by year end, a senior Mexican trade official said on Thursday.
Pelosi: U.S. House close to approving trade deal with Mexico, Canada
The U.S. House of Representatives is making progress every day toward approving the trade agreement President Donald Trump worked out with Canada and Mexico, Speaker Nancy Pelosi said on Thursday.
Peugeot’s turnaround driver, Tavares, faces his biggest challenge
Carlos Tavares, a former Renault star credited with reviving the company’s French rival Peugeot SA , has long shone as a restructurer-in-chief, staring down unions and slicing down bureaucracies.
Proxy adviser ISS sues U.S. markets regulator over guidance aimed at curbing advice
Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections.
Facebook is sued for age, gender bias in financial services ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.
Business forum boosts Saudi image, but some say more rehab needed
Saudi Arabia’s crown prince showed up only briefly this week at the kingdom’s flagship investment forum, which largely drew leaders and firms with strategic interest in the Gulf state and wrapped up with relatively meagre deals and an anticlimactic fi…
Even after Lyft beat, Wall Street pummels former unicorns
Wall Street pummeled shares of companies including Pinterest , Lyft , Uber Technologies and SmileDirectClub on Thursday as investors grew more sour on money-losing former startups that went public this year.
Encana to move to U.S., change name amid pipeline crunch in Canada
Encana Corp will shift base from Calgary to the United States and become Ovintiv Inc next year, the oil and gas producer said on Thursday, the latest company to move away from Canada as the nation battles with pipeline capacity shortages.
Facebook in EU antitrust crosshairs, online marketplace now under scrutiny
Facebook’s online marketplace has attracted scrutiny from EU antitrust regulators who are seeking details about its role vis-a-vis rivals in online classified ads, a questionnaire seen by Reuters showed.