March 28, 2019

U.S. economy shifts into low gear as fiscal boost wanes

The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration’s 3 percent target, and corporate profits […]
March 28, 2019

Exclusive: J. Crew turns again to debt restructuring lawyers – sources

J. Crew Group Inc has tapped restructuring lawyers for the second time in as many years to explore options for reworking its debt, as the U.S. […]
March 28, 2019

Wall Street treads water as growth worries weigh; trade in focus

Wall Street’s main indexes swung between gains and losses on Thursday, as optimism fueled by progress in U.S.-China trade talks was clouded by fears of an […]
March 28, 2019

WTO says U.S. failed to halt state tax subsidy for Boeing

The World Trade Organization said on Thursday the United States had ignored a request to halt subsidized tax breaks to Boeing in its main planemaking state […]
March 28, 2019

EssilorLuxottica deadlock set to drag on after arbitration request

A row over who is in charge at Ray-Ban maker EssilorLuxottica could drag on for two years or more after the recently merged group’s executive chairman […]
March 28, 2019

Bayer shares sag after U.S. jury verdict in Roundup cancer trial

Bayer AG shares sank to their lowest in almost seven years on Thursday after a U.S. jury awarded $80 million to a man who claimed use […]
March 28, 2019

Exclusive: China shifts position on tech transfers, trade talks progress – U.S. officials

China has made proposals in talks with the United States on a range of issues that go further than it has before, including on forced technology […]
March 28, 2019

Kudlow says U.S. could lift some tariffs on China as part of trade deal

White House economic adviser Larry Kudlow said on Thursday the United States could lift some tariffs on China, while leaving others in place as part of […]
March 28, 2019

Britain rebukes Huawei over security failings, discloses more flaws

Britain publicly chastised China’s Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new “significant technical issues,” increasing pressure […]
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