Levi Strauss sues LVMH’s Kenzo over jeans pocket tab
(Reuters) – That little tab on the rear pocket of your Levi’s jeans is now the subject of a lawsuit.
Panic! Don’t panic! Navigating the trade talk proves dicey
NEW YORK (Reuters) – “Don’t overreact,” President Donald Trump’s chief economic adviser told investors on Wednesday, when U.S. stocks were deep in the red over worries about the administration’s plan for $50 billion of import duties aimed at China.
Wall Street ends down 2 percent as U.S.-China trade fears intensify
NEW YORK (Reuters) – U.S. stocks dropped about 2 percent on Friday, with the Dow falling more than 570 points, as U.S. President Donald Trump’s latest tariff threat on Chinese imports fueled increasing concern over a U.S. trade war with China.
Trump administration mulls stiffer rules for imported cars
WASHINGTON (Reuters) – The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, according to two sources familiar with the administration’s thinking.
NAFTA ministers meet again, no major breakthroughs made
WASHINGTON/OTTAWA (Reuters) – Top U.S., Mexican and Canadian trade officials need more time to work out how to update the North American Free Trade Agreement, Canadian Foreign Minister Chrystia Freeland said on Friday after a top-level meeting in Washi…
Wall Street drops over 2 percent on trade worries
NEW YORK (Reuters) – U.S. stocks dropped more than 2 percent on Friday, with the Dow falling more than 500 points, as U.S. President Donald Trump’s latest tariff threat on Chinese imports fueled increasing concern over a U.S. trade war with China.
Facebook backs political ad bill, sets limits on ‘issue ads’
SAN FRANCISCO/WASHINGTON (Reuters) – Facebook Inc backed for the first time on Friday proposed legislation requiring social media sites to disclose the identities of buyers of online political campaign ads and introduced a new verification process for …
Fed’s Powell points to rate hikes, uncertainty on trade tensions
CHICAGO (Reuters) – The Federal Reserve will likely need to keep raising U.S. interest rates to keep inflation under control, Fed Chairman Jerome Powell said, adding that it was too soon to know if rising trade tensions would hit the U.S. economy.
Wall Street falls 2 percent following remarks by Fed’s Powell
NEW YORK (Reuters) – U.S. stocks extended losses and the S&P 500 hit a session low in Friday afternoon trading after Federal Reserve Chairman Jerome Powell said the U.S. central bank will likely need to keep raising interest rates to keep inflation under control.
Court approves procedures for auctioning Weinstein Co
WILMINGTON, Del. (Reuters) – A U.S. bankruptcy judge approved on Friday procedures for auctioning the film studio co-founded by Harvey Weinstein, who was fired by the company last year in the wake of allegations of sexual assault.
