Asia extends Wall Street selloff as Trump sparks fears of trade war
TOKYO (Reuters) – Stock markets in Asia extended a selloff on Wall Street as investors were rattled after President Donald Trump announced the United States would impose hefty tariffs on steel and aluminum imports, raising the specter of a global trade…
Chipotle investors see low-hanging fruit for new CEO
LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc’s incoming Chief Executive Brian Niccol has some low-hanging fruit to pluck when he takes the helm at the troubled U.S. burrito seller on Monday, investors told Reuters.
Weinstein Co reaches deal with group promising female leadership
(Reuters) – The Weinstein Co on Thursday reached a deal to sell assets to a group led by a former Obama administration official who plans to use a majority-female board to rebuild the Hollywood studio tarnished by sexual misconduct allegations.
U.S. holds ‘frank’ talks on trade with Chinese envoy: White House official
WASHINGTON (Reuters) – The Trump administration held “frank and constructive” talks with Chinese President Xi Jinping’s top economic adviser, Liu He, on Thursday, a White House official said, the same day U.S. President Donald Trump said he would impos…
Trump’s steel shock drives wedge into sluggish NAFTA talks
MEXICO CITY (Reuters) – Negotiators trying to rework the NAFTA trade deal on Thursday were hit by the prospect of conflict over U.S. steel tariffs that could complicate carmaking in North America, one of the most sensitive issues at the talks.
Smith & Wesson maker says increased gun sales reported after Florida attack
NEW YORK (Reuters) – The chief executive officer of American Outdoor Brands Corporation , maker of Smith & Wesson guns, on Thursday said some gun retailers reported increased foot traffic and sales after the Florida high school shooting.
Maria Contreras-Sweet says has clinched deal for Weinstein Co assets
(Reuters) – Former Obama administration official Maria Contreras-Sweet said on Thursday that she had reached an agreement with the New York State Attorney General’s office to purchase assets from the Weinstein Company in order to launch a new firm.
Trump to impose steep tariffs on steel, aluminum, stoking trade war talk
WASHINGTON (Reuters) – President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada as well as helping to trigger a large selloff on Wall Street.
Wall Street drops more than 1 percent on Trump tariff comments
NEW YORK (Reuters) – The Dow and S&P 500 registered a third straight day of more than 1 percent declines on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminum, raising concern about higher prices and a trade war.
American Airlines enters low-cost trans-Atlantic market
(Reuters) – American Airlines said on Thursday it would begin basic economy pricing on some long-haul flights, turning up the heat in a fare war over traditionally lucrative trans-Atlantic routes.
