Auto groups side with Canada, Mexico on NAFTA origin rules Auto groups side with Canada, Mexico on NAFTA origin rules: Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade […]
Current Business Updates USA
U.S. talks tough on trade deficit as NAFTA discussions begin U.S. talks tough on trade deficit as NAFTA discussions begin: The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and […]
China says it will defend interests if U.S. harms trade ties China says it will defend interests if U.S. harms trade ties: China will take action to defend its interests if the United States damages trade ties, the Ministry of Commerce said on Tuesday, after U.S. President Donald Trump authorized […]
China July factory output, retail sales, investment miss forecasts China July factory output, retail sales, investment miss forecasts: China’s factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing views that the world’s second-largest economy is starting to lose some steam as lending costs […]
Pentagon’s empty posts cause uncertainty for defense contractors Pentagon’s empty posts cause uncertainty for defense contractors: U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business. Defense company officials, speaking on conference calls after their just-reported […]
News Corp revenue misses on weak demand for print advertising News Corp revenue misses on weak demand for print advertising: News Corp (NWSA.O) on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry. […]
As short sellers target Chinese companies in Hong Kong, hostility mounts As short sellers target Chinese companies in Hong Kong, hostility mounts: Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who […]
Boingo benefiting from unlimited data plans, bullish about 5G Boingo benefiting from unlimited data plans, bullish about 5G: As one might expect, cellular operators’ unlimited data plans are having a positive impact on Boingo Wireless’ business, with the company reporting another quarter of double-digit revenue growth. And the company’s CEO […]
Asia stocks edge higher, dollar languishes on U.S. politics, mixed data Asia stocks edge higher, dollar languishes on U.S. politics, mixed data: Asian stocks inched up on Friday after a technology-led drop on Wall Street, while U.S. Treasury yields and the dollar were pressured by news Special Counsel Robert Mueller […]
Asian shares slide as tech shares crumble after Dow hits 22,000 Asian shares slide as tech shares crumble after Dow hits 22,000: Asian shares slid on Thursday, led by falls in South Korean tech shares, as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the […]
