U.S.-Canada trade talks grind on, but ‘final’ issues unresolved
U.S. and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy quotas, protection for Canadian media companies, and how t…
S&P 500, Nasdaq end lower; tech stocks decline
The S&P 500 and Nasdaq declined on Thursday as the possibility of more U.S. tariffs on Chinese imports loomed and as tech stocks stumbled on warnings from chipmakers and concerns about increased regulation of social media companies.
Ford recalls two million trucks over seat belt fire risk
Ford Motor Co said on Thursday it would recall 2 million F-150 pickup trucks in North America because of a seat belt problem that could generate excessive sparks and cause fires.
Smith & Wesson parent company defends directors, contributions to NRA
The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press their concerns about firearms safety.
Canada’s Freeland cites NAFTA progress, but slams U.S. metals tariffs
Talks between the United States and Canada on the North American Free Trade Agreement have taken place in a good atmosphere, Canadian Foreign Minister Chrystia Freeland said on Thursday, the second straight day of talks this week to save the pact.
Trade war uncertainty drags on markets, world stock index down for fifth day
MSCI’s global stock index fell for a fifth straight day on Thursday and emerging market stocks were in their sixth day of declines as investors braced for an escalation in the trade war between the United States and China.
Nissan redraws India strategy, to focus on premium cars
Nissan Motor Co will produce and sell only premium vehicles in India, while using its sister brand Datsun to crack the mass budget car market, in a revamp of its strategy in the country, a company executive said on Thursday.
Lawsuit says Tesla, Elon Musk sought to ‘burn’ short-sellers
The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” investors hoping the electric car company’s stock price would fal…
Novartis unloads U.S. assets at loss to bargain-hunting Aurobindo
New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s Aurobindo Pharma Ltd for up to $1 billion.
UK, U.S. urge EU not to lock out foreign banks
Britain’s top markets regulator, backed by the United States, urged the European Union to soften its stance and grant broad access to UK banks after Brexit to avoid hitting investors and harming markets.
