Trump favors ‘whole deal’ with China, two sides prepare for trade talks
President Donald Trump said on Thursday he preferred a comprehensive trade deal with China but did not rule out the possibility of an interim pact, even as he said an “easy” agreement would not be possible.
U.S. corruption probe involving lavish parties, champagne hits another top UAW official
Just two days before the UAW’s contracts with Detroit automakers were due to expire, U.S. prosecutors arrested and charged a senior union official on Thursday with embezzlement, releasing a complaint that alleges he spent member dues on lavish parties …
Philippine fast food specialist Jollibee hungry to expand in U.S., China
Jollibee Foods Corp , the Philippine fast food specialist known for fried ‘Chickenjoy’ and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans in the United States and China that are likely to include more M&A.
Senior UAW official charged in widening U.S. corruption probe
A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal that comes at a decisive moment in contract talks…
Factbox: Highlights from criminal complaint in widening UAW corruption probe
A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal.
Mexico’s Pemex places $7.5 billion of bonds in record refinancing operation
Mexican state oil company Pemex said on Thursday it had placed $7.5 billion worth of bonds with maturities of seven, 10 and 30 years that will be used for debt refinancing.
Mnuchin says 100-year Treasury bond possible
U.S. Treasury Secretary Steven Mnuchin on Thursday said the United States will issue 50-year bonds if there is “proper demand,” a moved aimed at “derisking” the government’s $22 trillion of debt and locking in low interest rates.
U.S. House panel wants Boeing CEO to allow employee interviews on 737 MAX crashes
Congress on Thursday asked Boeing Co’s chief executive to make several employees available for interviews as part of a congressional probe into the design, development and certification of 737 MAX aircraft involved in two crashes that killed 346 people…
Broadcom says chip demand has hit bottom, but uncertain on recovery timing
Broadcom Inc said on Thursday demand for microchips had hit a bottom and would remain at current levels, a sign that an industry downturn may linger, and added that there was no clear indication as to when the recovery would take place.
Consumer groups, unions urge caution on $63 billion AbbVie deal for Allergan
About a dozen advocacy groups and unions, including Public Citizen and the American Federation of Teachers, wrote the Federal Trade Commission on Thursday urging it to consider blocking drugmaker AbbVie Inc’s planned $63 billion purchase of Botox make…
