Articles by admin

The escalating trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground.

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Mexico will propose the United States redirect security funding under the so-called “Merida Initiative” to boosting development of the Mexican southern border in talks aimed at resolving a dispute over migration, officials said on Wednesday.

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Fiat Chrysler has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the French carmaker’s board met to consider the bid late on Wednesday.

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Hope grew on Wednesday for a deal to avoid the United States imposing tariffs on Mexican goods in return for Mexico doing more to halt illegal immigration but President Donald Trump said he was willing to go ahead with the import duties if he is not satisfied.

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Mexican President Andres Manuel Lopez Obrador has received an official list of U.S. products, excluding corn, that could be subject to retaliatory tariffs if duties threatened by the Trump administration take effect, officials said Wednesday.

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The U.S. Justice Department said on Wednesday it would review two consent decrees reached with music licensing groups ASCAP and BMI in 1941, a decision that could upend the business of licensing music to online companies, movie companies, commercials, bars and restaurants.

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U.S. services sector activity expanded at a brisk pace in May and industries hired more workers, offering some respite for an economy that is slowing following a temporary boost from exports and an accumulation of inventories in the first quarter.

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Major world stock markets rose and longer-dated U.S. Treasury prices dipped on Wednesday as a U.S. senator predicted the United States will not impose tariffs on Mexican imports, while hopes of a U.S. interest rate cut also bolstered equities.

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Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc shareholders and top executives that the world’s largest retailer should boost the “starvation”-level wages it pays its workers and stop fueling income inequality.

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Meg Whitman, the former boss of Hewlett-Packard, said she was happy to throw her predecessor Leo Apotheker “under the bus” in a moment of anger over the botched acquisition of British software company Autonomy, London’s High Court heard on Wednesday.

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The U.S. Federal Reserve on Wednesday reported that its contacts at companies across the country were worried that international trade tensions could weigh on business even as economic activity picked up.

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Hope grew on Wednesday for a deal to avoid the United States imposing tariffs on Mexican goods in return for Mexico doing more to halt illegal immigration but President Donald Trump said he was willing to go ahead with the import duties if he is not satisfied.

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Democratic presidential hopeful Elizabeth Warren on Wednesday criticized U.S. President Donald Trump’s decision to impose tariffs on Mexico as “random dart throwing” that lacks a coherent strategy.

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General Motors Chief Executive Mary Barra on Wednesday defended the automaker’s plan to sell an assembly plant in Ohio, arguing the plan to sell the plant to an electric vehicle start-up was thoroughly vetted and had a chance of success.

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The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to adopt a package of rules requiring brokerage firms to disclose potential conflicts in the fees investors pay and the commissions brokers earn when giving financial advice.

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