October 3, 2019

HP Inc to cut about 7,000 to 9,000 jobs

Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan. Powered by […]
October 3, 2019

New tariffs on EU food will boost prices, cost U.S. jobs: industry

New 25% U.S. tariffs on Italian cheese, French wine, Scotch whisky, British biscuits, Spanish olives and thousands of other European food products will lead to higher […]
October 3, 2019

Global stocks crawl up slightly as weak U.S. data spurs hopes of Fed rate cut

The latest weaker-than-expected U.S. economic data on Thursday fed hopes that the Federal Reserve would cut U.S. interest rates this month, which helped lift global equities […]
October 3, 2019

Wall Street gains as weak services data raises rate-cut expectations

Wall Street stocks climbed on Thursday after data showing U.S. services-sector activity at a three-year low fueled expectations that the Federal Reserve would cut interest rates […]
October 3, 2019

U.S. seeks advertising, sales data on e-cigarette companies

The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal regulator said on Thursday, in the […]
October 3, 2019

Brexit raises stakes for Britain in aircraft trade war

U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the […]
October 3, 2019

Fighting GM puts a financial squeeze on striking union workers

While striking workers at General Motors Co’s U.S. auto plants continue walking picket lines for a third week to demand better pay and benefits, the financial […]
October 3, 2019

Oil ends little changed after touching near two-month lows

U.S. crude futures were slightly lower on Thursday, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data. Powered […]
October 3, 2019

Trump hails ‘nice victory’ on trade as EU whisky, wine makers left reeling

President Donald Trump hailed a “nice victory” on Thursday after the United States got the green light to place tariffs on European Union goods in a […]
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