Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved
The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.
S&P 500, Dow hit new highs ahead of index reshuffle
The S&P 500 and Dow reached record highs on Friday ahead of Monday’s major sector reshuffle, capping a week that largely shrugged off trade worries.
White House optimistic on China trade; no date for more talks
The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing’s response to the latest round of tariffs, a senior White House official said on…
U.S. agency accuses Walmart of pregnancy discrimination in lawsuit
The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers at a Wisconsin warehouse to go on unpaid leave and denying their requests to take on easier duties.
French handbag maker Longchamp to invest in China to revive sales
Longchamp, one of France’s leading handbag makers, is increasing its presence in China and the United States to boost its sales, its CEO said, betting on celebrity tie-ups and its online platforms to revive sluggish growth.
Comcast and Fox take $34 billion battle for Britain’s Sky to the wire
Comcast and Twenty-First Century Fox face a quick-fire auction for British broadcaster Sky on Saturday after neither side backed down in a drawn-out $34 billion battle.
White House expresses optimism on China trade; no date for more talks
The United States is assessing China’s response to the Trump administration’s latest round of tariffs and does not have a scheduled date to announce for another round of talks, a senior White House official said on Friday.
Dissected new iPhones reveal Intel, Micron, Toshiba parts
Apple Inc’s latest iPhones use components made by Intel Corp , Micron Technology , and Toshiba , among others, according to two firms that cracked open iPhone Xs and Xs Max models.
Receding trade fears propel stocks to six-month peak
The U.S. dollar rebounded and world shares hit a six-month high on Friday after China’s moves to boost domestic consumption bolstered a rally driven by investor bets that the latest U.S.-China trade dispute was unlikely to dent global growth.
Oil boost keeps S&P, Dow near record highs
The S&P 500 and Dow Jones Industrial Average touched record highs for a second session running on Friday, helped by a boost for energy stocks from higher oil prices as changes to Wall Street industry sectors index spurred volatility.
