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U.S.-Canada trade talks conclude: Canadian official
U.S. and Canadian officials have concluded a days-long round of talks on the North American Free Trade Agreement, a Canadian official said on Friday.
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S&P 500, Dow lose ground as trade talks hit snag
The S&P 500 and the Dow were down and the Nasdaq edged higher in light trading on Friday as investors reacted to the possibility that a new Canada-U.S. trade agreement could miss a deadline heading into the Labor Day weekend.
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Trump confirms off-record comments on U.S.-Canada trade talks
President Donald Trump on Friday confirmed off-record, hard-line comments he had made about the United States’ negotiating stance in trade talks with Canada, saying on Twitter: “At least Canada knows where I stand.”
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Canada, U.S. NAFTA talks turn tense, Ottawa won’t sign ‘just any deal’
Talks between Canada and the United States to update the North American Free Trade Agreement soured sharply on Friday after President Donald Trump reportedly said a pact would be on U.S. terms and Ottawa stood firm against signing “just any deal.”
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United Continental raises fees for checked bags on certain routes
United Continental Holdings Inc on Friday increased its checked bag fees on routes to and from North America, the Caribbean and Central America, effective Aug. 31, the company said in a statement.
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Take five: World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Business News
Coca-Cola quickly brews up Costa ‘Del Sol’ deal with Whitbread
The 3.9 billion-pound ($5.1 billion) sale of the Costa coffee chain to Coca-Cola began brewing when Whitbread’s boss Alison Brittain crossed paths with the chief executive of the soft drinks giant at a conference in May.
Business News
Senate cancels postal service hearing; Trump’s Amazon crusade delayed
A Senate hearing about reforming the U.S. Postal Service that could have scrutinized what Amazon.com Inc and others pay for package delivery has been delayed, three sources familiar with the matter told Reuters, moving back President Donald Trump’s effort to hike the world’s largest online retailer’s rates.
Business News
Trade uncertainties bog down Wall Street, Apple offers some relief
The S&P 500 and the Dow Jones Industrial Average dipped on Friday as jitters over ongoing trade talks between the United States and other major economies weighed, but gains in Apple and Amazon kept Nasdaq slightly higher.
Business News
Take five: World markets themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Business News
Trump’s reported off-the-record remarks hit U.S.-Canada trade talks
U.S. President Donald Trump said in off-the-record remarks to Bloomberg News this week that any trade deal with Canada would be “totally on our terms,” the Toronto Star reported on Friday, citing remarks it had obtained.
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U.S. fund managers trim bank stocks on profit worries
U.S.-based mutual fund managers worried about the outlook for bank earnings have been trimming financial stocks from their portfolios, although some value-oriented portfolio managers and analysts said they still see attractive opportunities in the sector.
Business News
California hospital chain with ties to billionaire files for bankruptcy
Verity Health System of California Inc, a non-profit operator of six California hospitals managed by billionaire former surgeon Patrick Soon-Shiong’s NantWorks LLC, filed for bankruptcy on Friday to help resolve a cash crunch while it seeks a buyer.
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Manafort Ally Agrees to Cooperate With U.S. After Guilty Plea
A former associate of Paul Manafort, who was charged Friday with failing to register in the U.S. as a foreign agent for his work lobbying on behalf of a Ukrainian political party, is a longtime international political operative who’s partnered with a Russian already indicted in Special Counsel Robert Mueller’s probe. The charges against Sam Patten are spelled out in a criminal information, which often precedes a guilty plea. U.S. Special Counsel Robert Mueller’s office referred the case to U.S. Attorney Jessie Liu in the District of Columbia, according William Miller, a spokesman for Liu, who declined to …read more […]
Business News
Ford kills plan to sell Chinese-made vehicle in the United States
Ford Motor Co has abruptly killed a plan to sell a Chinese-made small vehicle in the United States because of the prospect of higher U.S. tariffs, the head of the automaker’s North American operations said Friday.