Business News
Investors sell stocks, dollar on fears Trump agenda is foundering8/18/2017 5:29:34 AMSINGAPORE - Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump's ability to fulfill his economic agenda.On sidelines of trade talks, businesses tout NAFTA's benefits8/18/2017 3:26:04 AMWASHINGTON - Steps away from this week's NAFTA trade negotiations, business unified in hopes of sending a singular message: do no harm.Wisconsin bill giving $3 billion incentives to Foxconn advances8/18/2017 5:27:15 AM - Wisconsin's Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan's Foxconn.Exclusive: SEC officials' holdings, legal work, pose potential conflicts8/17/2017 11:08:59 PMWASHINGTON - Two lawyers appointed to senior jobs at the U.S. Securities and Exchange Commission have ties to major companies including financial firms Goldman Sachs Group Inc and Wells Fargo & Co that could complicate efforts to regulate them, according to government documents viewed by Reuters.Auto groups side with Canada, Mexico on NAFTA origin rules8/18/2017 2:09:20 AMWASHINGTON - 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 Agreement.U.S. pension funds sue Goldman, JPMorgan, others over stock lending market8/18/2017 1:15:26 AM - Three U.S. pension funds sued six of the world's largest banks on Thursday, including Goldman Sachs Group Inc and JP Morgan Chase & Co , accusing them of conspiring to stifle competition in the more than $1 trillion stock lending market.Gap shares rise as Old Navy again boosts results, forecast8/18/2017 2:49:31 AM - Clothing retailer Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products, fewer discounts and better managing inventory.Car owners' lawyers accuse GM of threats in ignition switch deal8/18/2017 4:15:29 AMNEW YORK - Lawyers for car owners suing General Motors Co over faulty ignition switches and other defects on Thursday accused the carmaker of meddling in settlement talks and having issued threats that led to the canceling of an agreement.Despite legal victory, America Movil may face tough ride with regulator8/18/2017 5:12:15 AMMEXICO CITY - Despite a landmark Supreme Court ruling in his favor, Mexican mogul Carlos Slim shouldn't break out the champagne just yet.Nestle accused of pilfering Atari 'Breakout' game for 'Kit Kat' ads8/18/2017 5:23:21 AM - A new lawsuit accuses Nestle SA of blatantly violating the rights of Atari by using without permission the classic 1970s video game "Breakout" in a new marketing campaign for its Kit Kat chocolate-covered wafers.