NAFTA negotiators make some progress, say lots of work remains
OTTAWA (Reuters) – The United States, Canada, and Mexico said on Tuesday they had made some progress in talks to modernize the NAFTA trade pact while acknowledging much work remained if they are to wrap the process up by the end of the year, as planned…
Trump proposal slashes taxes on businesses, the rich amid deficit worries
WASHINGTON (Reuters) – President Donald Trump on Wednesday proposed the biggest U.S. tax overhaul in three decades, offering to cut taxes for most Americans but prompting criticism that the plan favors the rich and companies and could add trillions of …
Wall St. climbs on financials boost, tax plan hopes
NEW YORK (Reuters) – U.S. stocks rose on Wednesday, powered by gains in financial shares as expectations for a December rate hike grew and hopes President Donald Trump’s administration may be making progress on a new tax plan.
Quebec, Britain threaten retaliation after Bombardier tariffs
MONTREAL (Reuters) – The Canadian province of Quebec and Britain threatened retaliation on Wednesday over stiff U.S. tariffs imposed on Bombardier Inc’s CSeries jet that could affect thousands of jobs in the two countries.
Detroit Three’s to lose dominance of North American auto output in 2017: IHS
DETROIT (Reuters) – North American vehicle production by the unionized Detroit Three automakers will fall behind the combined North American output of Tesla Inc and automakers from Europe and Asia for the first time this year, IHS Markit forecast on We…
Uber to shutter its U.S. auto-leasing business
(Reuters) – Ride-hailing firm Uber Technologies Inc [UBER.UL] on Wednesday said it is shutting down its U.S. auto-leasing business.
Exclusive: N.Y. regulator subpoenas Equifax over massive breach
NEW YORK (Reuters) – New York state’s financial services regulator has issued a subpoena to Equifax Inc demanding it provide more information about the massive data breach the credit-reporting firm disclosed this month, a person familiar with the matt…
Consumer stocks limit gains on Wall Street
(Reuters) – Losses in consumer stocks including Nike reined in gains for Wall Street’s main indexes on Wednesday after a burst of optimism fueled by hints President Donald Trump may finally be making headway on long-promised tax cuts.
Britain warns Boeing it might miss out on business over Bombardier row
BELFAST (Reuters) – Britain told U.S. planemaker Boeing on Wednesday that it could lose out on future British defense contracts because of its dispute with Canadian rival Bombardier which has put 4,200 jobs at risk in Northern Ireland.
U.S. lawmakers ask Facebook, Twitter for information on anti-fracking ads
WASHINGTON (Reuters) – A U.S. House committee investigating whether Russia has tried to influence U.S. public opinion on fossil fuels asked Facebook , Twitter and Alphabet on Wednesday to turn over information about Russian entities that may have bou…
