President Donald Trump threatened on Saturday to impose a tax on European cars if the European Union chooses to retaliate against his plans to place tariffs on imported steel and aluminum. In a tweet Saturday morning, Trump said the U.S. …
The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy. The Pacific island nation said it became the first country in the world to recognize a …
In agitating for a trade war, President Donald Trump may have forgotten William Tecumseh Sherman’s adage that “war is hell.” The Civil War general’s observation can be apt for trade wars, which may create conditions for a shooting war. A …
China has warned about the “huge impact” on global trading, if U.S. President Donald Trump proceeds with his plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum products. Wang Hejun, head of China’s commerce …
Georgia lawmakers’ decision to punish Delta Air Lines for publicly distancing itself from the National Rifle Association was an extraordinary act of political revenge. By killing a proposed tax break on jet fuel, pro-gun Republicans won a political victory that …
“Absolutely unacceptable” were the words Canadian Prime Minister Justin Trudeau used to describe U.S. President Donald Trump’s statement that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum products. Trudeau made the comment …
A tiny Nebraska startup awarded the first border wall construction project under President Donald Trump is the offshoot of a construction firm that was sued repeatedly for failing to pay subcontractors and accused in a 2016 government audit of shady …
U.S. President Donald Trump’s threat to impose steep tariffs on steel and aluminum imports sparked concerns of a trade war Friday, with emerging markets trading lower and some world leaders threatening to take retaliatory measures. Japan’s Nikkei share average fell …
Australia’s corporate watchdog is taking mining giant Rio Tinto and two former executives to court over the global miner’s “misleading and deceptive conduct” in reporting the coal reserves of a Mozambique mine purchased for $4 billion. The Australian Securities and …
When refugees arrive in a new country, they bring little to no material possessions. But many bring something more valuable: their talent and skills. Twenty refugee women and asylum-seekers from different parts of the world recently came together at a …
UPDATE: Dow Jones industrials fall 500 points as investors worry about fallout from steep tariffs on steel and aluminum imports. This is a breaking story; please check back for updates. U.S. stocks dropped in another dizzying day of trading on …
President Donald Trump says the United States will impose tariffs on steel and aluminum imports next week. At a meeting Thursday with top executives from U.S. steel and aluminum companies, he announced tafiffs of 25 percent on steel products and …
Environmental activists in Kenya have pledged to take further legal action against Kenyan and Chinese corporations if contractors move forward with construction of a railway bridge across Nairobi National Park. The activists held a demonstration Thursday outside parliament. About 100 …
Americans lifted their spending just 0.2 percent in January, while their incomes jumped because of last year’s tax cuts. The Commerce Department said Thursday that the modest spending increase followed gains of 0.4 percent in December and 0.8 percent in …
U.S. oil company Exxon Mobil says it will withdraw from its joint venture with Russia’s state-controlled Rosneft due to U.S. and European sanctions against the country. Exxon Mobil had signed a deal with Rosneft, Russia’s biggest oil producer, in 2011 …
A company’s value is often tied to the message it portrays to customers. But what happens when other companies try to take advantage of your brand? Take the Philadelphia Eagles, for instance. The American football team wants to exclusively own …
Dick’s Sporting Goods, one of the largest sports retailers in the U.S., will immediately end the sale of assault-style rifles in its stores and stop selling guns of any type to anyone under age 21. The company made the announcement …
Growth in China’s manufacturing sector in February cooled to the weakest in more than 11/2 years, raising concerns of a sharper-than-expected slowdown in the world’s second biggest economy this year as regulators tighten the screws on financial risks. The weakness …
The U.S. Commerce Department on Tuesday recommended raising import duties on Chinese-made aluminum foil it said is being sold at unfairly low prices due to improper subsidies to producers. The ruling was praised by the Aluminum Association, a trade …
The chairman of the U.S. House Transportation and Infrastructure Committee said Tuesday that there was not enough support in Congress to move forward with a plan backed by President Donald Trump to privatize the air traffic control system. Republican Representative …
Three of President Donald Trump’s senior economic aides are expected to meet this week with a top Chinese economic official to discuss trade disputes between the United States and China. White House spokeswoman Sarah Huckabee Sanders told Reuters that Treasury …
The head of the World Trade Organization diplomatically took issue with U.S. President Donald Trump’s description of the WTO as a catastrophe on Tuesday, pointing out that the United States actually had a better deal than other countries in the …
The U.S. negotiator for regional content requirements in autos flew back to Washington from a NAFTA round in Mexico on Monday to talk with car companies, officials said, in a development some hoped would lead to progress on the contentious …
Comcast Corp, the biggest cable operator in the United States, offered on Tuesday to pay $31 billion to buy Sky, challenging Rupert Murdoch’s Fox and Bob Iger’s Walt Disney for the European pay-TV jewel. Comcast, a $184 billion media giant …