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Pelosi: revised USMCA pact much improved from initial Trump version

The revised United States Mexico Canada trade agreement reached between House Democrats and the White House improves U.S. President Donald Trump's initial deal with new provisions targeting the environment and other areas, House Speaker Nancy Pelosi said on Tuesday.



5 years ago

Boeing deliveries halved in first 11 months of 2019

Boeing Co delivered less than half as many planes in the first 11 months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets.



5 years ago

Oil rises but U.S.-China trade war weighs on demand outlook

Oil prices inched up on Tuesday as OPEC's deal with associated producers last week to deepen output cuts in 2020 continued to provide a floor for prices, but U.S.-China trade tensions clouded the demand outlook.



5 years ago

Wall Street edges higher on tariff delay hopes

Wall Street's indexes edged higher in choppy trading on Tuesday after a report that the United States and China were planning to delay a new round of tariffs set to kick in on Dec. 15.



5 years ago

U.S. top trade official lauds USMCA as model for future trade deals

U.S. Trade Representative Robert Lighthizer said an historic agreement on the U.S.-Mexico-Canada trade agreement would benefit U.S. farmers, workers and ranchers for years to come.



5 years ago

U.S. Justice Department to review Google's deal for Fitbit: source

The U.S. Justice Department will review plans by Alphabet Inc-owned Google to buy fitness tracker maker Fitbit Inc for possible antitrust issues, a source told Reuters on Tuesday.



5 years ago

Trump's Dec. 15 China tariffs threaten a long list of Christmas favorites

U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.



5 years ago

U.S., Canada and Mexico reach agreement - again - to replace NAFTA

Top officials from Canada, Mexico and the United States signed a fresh overhaul of their quarter-century-old regional trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision.



5 years ago

Senate Democratic leader Schumer 'waiting to see the writing' on USMCA

Senate Democratic leader Chuck Schumer said on Tuesday he would wait to see the written form of the U.S. Mexico Canada trade pact before making a determination on it.



5 years ago

Global stocks, government debt flat as U.S.-China trade deadline looms

Government debt and global stock markets held steady on Tuesday as uncertainty kept risk appetite in check days ahead of the Dec. 15 deadline for a new round of U.S. tariffs on Chinese imports.



5 years ago

Deutsche Telekom CEO denies T-Mobile/Sprint deal will reduce competition

T-Mobile US Inc and Sprint Corp did not pursue a merger in order to reduce price competition in the U.S. wireless market, the chief executive of Deutsche Telekom, T-Mobile's majority shareholder, testified on Tuesday in federal court in Manhattan.



5 years ago

Wall Street flat as tariff deadline nears

Wall Street's main stock indexes were little changed on Tuesday, hovering near record highs, as investors awaited concrete news on whether U.S. tariffs on Chinese imports would take effect on Dec. 15, a potential turning point in the two countries' trade dispute that has convulsed markets.



5 years ago

Powell's 'half-full' U.S. glass sturdy but still at risk for spills as Fed meets

Federal Reserve Chair Jerome Powell has taken a glass-half-full view of the U.S. economy but the trouble may be that the glass has gotten smaller and has a few cracks.



5 years ago

McConnell says Senate will not take up USMCA next week

Senate Majority Leader Mitch McConnell said on Tuesday the U.S. Senate would not take up the USMCA trade deal next week before congressional recess.



5 years ago

Peloton tumbles over 6% after short seller warns of competition

Shares of Peloton Interactive tumbled over 6% on Tuesday after noted short seller Andrew Left valued the seller of stationary exercise bicycles at about one seventh of its recent stock price.



5 years ago