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  • India to impose retaliatory tariffs on 28 U.S. goods from Sunday
    on June 16, 2019 at 2:24 am

    India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi. […]

  • Target says registers back online, blames outage on technology issue
    on June 15, 2019 at 10:48 pm

    Target Corp on Saturday said its payment registers were back online after a systems outage stopped customers in the United States from paying for in-store purchases. […]

  • Take Five: The Fed and the rest
    on June 15, 2019 at 4:12 pm

    With President Donald Trump's trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even more aggressive after Federal Reserve Chair Jerome Powell threw open the door to a cut, promising on June 4 the Fed would act "as appropriate" to address risks from the trade dispute. It was the second sudden shift in the Fed's tone, after January when it abandoned its bias toward steady tightening. […]

  • NATO faces big bill if it does not pick AWACS successor soon: officials
    on June 15, 2019 at 1:35 pm

    NATO faces significant costs if it does not act soon to choose a successor for its ageing fleet of 14 Boeing E-3A Airborne Warning & Control System (AWACS) surveillance aircraft, often called the alliance's "eyes in the sky", senior officials said. […]

  • CFM erases jet engine output delay, cautious on rate increases
    on June 15, 2019 at 1:07 pm

    CFM International has caught up with delays in deliveries of its LEAP jet engine after keeping its assembly lines running at high speed while the Boeing 737 MAX remains grounded, the French-American engine maker said on Saturday. […]

  • Why proposed changes to Hong Kong's extradition law fueled protests
    on June 15, 2019 at 9:10 am

    Hong Kong leader Carrie Lam has delayed indefinitely a proposed law that would allow extraditions to mainland China, in a dramatic retreat after widespread anger over the bill sparked the biggest street protests in three decades. […]

  • Nissan considers giving Renault some seats on oversight committees - source
    on June 15, 2019 at 8:02 am

    Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said. […]

  • Court grants American Airlines' request to end 'devastating' slowdown by unions
    on June 15, 2019 at 4:17 am

    A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations. […]

  • VW's Tennessee workers vote against union representation
    on June 15, 2019 at 3:00 am

    Workers at Volkswagen AG's assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers' (UAW) efforts to unionize a foreign automaker's plant in the U.S. South. […]

  • Trump presses Lockheed to keep open a Pennsylvania plant slated for closure
    on June 15, 2019 at 2:13 am

    U.S. President Donald Trump on Friday urged Lockheed Martin Corp to keep open its Sikorsky helicopter plant in Coatesville, Pennsylvania, a week after the weapons maker announced the planned closure of the facility. […]

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