Trump warns he could abandon China trade deal as advisers tout progress
U.S. President Donald Trump on Thursday warned he could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress toward an agreement to end a dispute with the Asian country.
Venezuela’s oil exports drop 40 percent after U.S. sanctions: data
Venezuela’s oil exports sank 40 percent in the first full month after the beginning of U.S. sanctions designed to oust Socialist President Nicolas Maduro, according to data from state-run oil firm PDVSA and Refinitiv Eikon.
Allergan shareholder Chevedden backs Appaloosa’s proposal to split CEO-chairman role
Appaloosa LP said on Thursday investor John Chevedden was backing the hedge fund’s proposal to split the roles of chairman and chief executive officer at Botox-maker Allergan Plc.
Google workers support proposed U.S. laws to curb mandatory arbitration
Six Google employees on Thursday joined U.S. lawmakers to support bills that would ban mandatory arbitration in employment and consumer contracts, as the workers seek to build on recent success in getting the Alphabet Inc company to drop some arbitrati…
U.S. Embassy seeks meeting with Swedish watchdog on Swedbank
The U.S. embassy in Sweden has asked the country’s financial watchdog FI for a meeting to discuss allegations about Swedbank’s involvement in a Baltic money-laundering scandal.
U.S. economic growth in 2018 misses Trump’s 3 percent target
The U.S. economy fell short of the Trump administration’s 3 percent annual growth target in 2018 despite $1.5 trillion in tax cuts and a government spending blitz, and economists say growth will only slow from here.
Uber, Lyft to offer some drivers shares in stock market listing
Uber Technologies Inc and Lyft plan to offer cash bonuses to some of their most active drivers with the option to purchase shares in the ride-hailing firms’ highly anticipated Wall Street debuts, a bold effort to improve driver relations as the compani…
Martha Stewart, Canadian pot business in joint effort aimed at pets
Lifestyle guru Martha Stewart is joining Canadian marijuana producer Canopy Growth as an adviser to help develop and launch a line of pot-based products for humans and animals, it said on Thursday.
Stocks fall on China economic weakness, tempered trade hopes
Global equities markets fell for a third straight day on Thursday, with Wall Street stocks edging lower as weak Chinese economic data and mixed messages on the progress of trade talks between China and the United States weighed on investor sentiment.
After Saudi king’s letter, EU states move to block dirty-money list
The adoption of a European Union money-laundering blacklist, which includes Saudi Arabia as well as Puerto Rico and three other U.S. territories, is likely to be blocked by EU states under a procedure launched on Thursday, two EU sources said.
