Target to Pay $3.7 Million in Settlement Over Job-Screening Policies Target Corp. TGT 0.81% has agreed to pay more than $3.7 million and overhaul job-screening guidelines for hourly workers to resolve a civil-rights class-action complaint that alleged the company’s policies regarding criminal-background checks were too broad and discriminated against African-Americans […]
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Jamie Dimon sees the 10-year bond at 4 percent. These traders say that call is a long shot JPMorgan CEO Jamie Dimon says the yield on 10-year Treasurys could get to 4 percent this year. Two market watchers aren’t buying that forecast. Boris Schlossberg of BK Asset Management says the […]
Exclusive: U.S. willing to talk trade with China, no session set yet – official The United States is willing to negotiate with China on trade, but only if talks are serious, as previous attempts produced little progress, a senior U.S. official told Reuters late on Thursday as trade tensions between […]
Dolce & Gabbana has rejected offers, sets up trust: paper Italian fashion house Dolce & Gabbana has rejected all acquisition offers it has received and its founders have created a trust for the future of the brand, the two designers said in an interview on Thursday. “We have rejected all […]
German carmakers caught in crossfire of U.S.-China trade row German carmakers BMW (BMWG.DE) and Daimler (DAIGn.DE) are under increasing pressure to diversify production of their sports utility vehicles (SUVs) outside of the United States as a result of Washington’s growing trade tensions with China Beijing’s proposed 25 percent tax on […]
Jet weight puzzle to determine China tariff impact on Boeing China on Wednesday announced plans to place a 25 percent tariff on certain U.S. aircraft, in a move expected to affect some older Boeing Co (BA.N) narrowbody models, according to documents from China’s Ministry of Commerce and the U.S. manufacturer. […]
China tariffs on U.S. business jets seen a boon for Canada’s Bombardier, others China’s plan to slap tariffs on some U.S.-made planes will hit demand for Gulfstream and Boeing business jets but benefit Canada’s Bombardier (BBDb.TO) and other rivals seeking a larger share of Asia’s biggest market, jet brokers and […]
Walmart opens first small high tech supermarket in China Walmart Inc has opened its first small high-tech supermarket in China, where smartphones can be used to pay for items that are mostly available on the U.S. retailer’s store on online platform JD Daojia, an affiliate of JD.com, it said on […]
In boost for Britain, Peugeot to build new van at Vauxhall plant Peugeot-maker PSA (PEUP.PA) has unveiled plans to raise output at its British Vauxhall van plant, in a pre-Brexit show of confidence that will raise pressure on sister brand Opel’s German workforce to offer concessions in labor talks. PSA, […]
Trump to nominate Muzinich as Treasury deputy secretary: White House U.S. President Donald Trump intends to nominate Justin Muzinich, an aide to Treasury Secretary Steven Mnuchin, to be the deputy secretary of the Treasury, the White House said on Monday. Muzinich advises Mnuchin on tax reform and other domestic and […]
