How Trump’s son-in-law helped salvage the North American trade zone
Robert Lighthizer was the public face of arduous, year-long talks to rework NAFTA, but as he savored a successful conclusion in the White House Rose Garden on Monday, the U.S. trade representative singled out another man as the deal’s architect.
Fed regulator says midsize bank relief ‘highest priority’
The Federal Reserve’s top regulator told U.S. lawmakers on Tuesday that his “highest priority” is enacting simpler rules for banks with between $100 billion and $250 billion in assets, though Republicans pressed for a more drastic easing.
‘A tale of two hurricanes’ for September U.S. new car sales
Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a decline in sales in areas hit by Hurricane Florence and a tough comparison to the previous September when consumers rushed to replace vehicles …
BMW says rivals are interested in joining forces on self-driving cars
BMW rivals and ride-hailing companies are considering joining its consortium for developing self-driving cars as auto industry profits come under increasing pressure, board member Klaus Froehlich said on Tuesday.
Exclusive: Exxon explores selling U.S. Gulf of Mexico assets – sources
Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher prices prompt the world’s largest publicly traded oil company to review its portfolio, people familiar with the matter said on Tuesday.
Mexican steel industry urges fix to U.S. tariff dispute
Mexico’s top steel industry association on Tuesday urged the country’s government to resolve an ongoing tariff dispute with the Trump administration before a new trilateral trade deal is signed.
Intel helps Wall Street shrug off Italy woes, sends Dow to record
U.S. stocks shrugged off a weak start to climb higher on Tuesday, as Intel boosted technology stocks and pushed the Dow Jones Industrial Average to a record high.
Walmart acquires plus-sized clothing startup Eloquii
Walmart Inc on Tuesday said it will acquire Eloquii, a fashion startup that sells plus-sized clothing, for an undisclosed amount as it continues to look for ways to appeal to younger shoppers and differentiate from rival Amazon.com Inc .
Powell: U.S. outlook ‘remarkably positive’ with low unemployment, tame inflation
U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy that he feels is on the verge of a “historically rare” era of ultra-low unemployment and tame prices.
Britain in talks with Boeing for multi-billion pound air force contract: FT
Britain has begun exclusive talks with planemaker Boeing Co for a multi-billion pound contract to replace its fleet of ageing surveillance aircraft for the Royal Air Force, the Financial Times reported on Tuesday.
