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The IRS revamps its 'postcard-sized' tax return, drafts a new one for 2019

The "postcard-sized" income tax return is about to undergo an overhaul. The IRS has released a draft of its new Form 1040 for the 2019 tax year.

4 years ago

Exclusive - Codelco's Chuquicamata smelter restart delayed until end-October: sources

The reactivation of a smelter belonging to Chile's state-run Codelco, the world's top copper producer, will be further delayed until the end of October this year after missing a previous target of April, four sources told Reuters.



4 years ago

U.S. retailers blast new China tariffs, say move will raise prices further, hurt jobs

President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hurt consumer purchases, raise prices further and limit hiring, four large retail trade groups warned on Thursday.



4 years ago

U.S. FTC probes Facebook's acquisition practices - WSJ

The U.S. Federal Trade Commission is investigating whether Facebook Inc acquisitions were aimed at buying up potential rivals before they could become a threat to the social media company, the Wall Street Journal reported on Thursday, citing people familiar with the matter.



4 years ago

GoPro misses profit estimates, shares fall 12%

GoPro Inc fell short of Wall Street expectations for second-quarter revenue and profit on Thursday, as it struggled to attract customers for its action cameras, sending shares down 12% in extended trading.



4 years ago

Wall Street dragged down by Trump trade tweet

Wall Street fell again on Thursday, abruptly reversing early gains after U.S. President Donald Trump put concerns about the U.S.-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports.



4 years ago

Pinterest beats revenue estimates on user addition, shares jump

Pinterest Inc reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more monthly active users, sending shares up 13% in extended trading.



4 years ago

Trump says U.S. will be 'taxing' China until trade deal is reached

President Donald Trump said on Thursday Chinese President Xi Jinping was not moving fast enough on reaching a trade agreement and that the United States would be "taxing" China until a deal is secured.



4 years ago

Oil slumps 7% as Trump announces additional tariffs on Chinese imports

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.



4 years ago

U.S. charges ex-CEO, ex-CFO of Brixmor Property Group REIT with fraud

A former chief executive officer and former chief financial officer of Brixmor Property Group Inc have been indicted on fraud and conspiracy charges for manipulating one of the real estate investment trust's financial metrics.



4 years ago

Mexico's dependence on U.S. demand spells trouble for weak economy

Under the threat of U.S. trade tariffs, Mexico's president has pledged to make his country less reliant on U.S. demand. But exports to its northern neighbor have been one of the few things driving Latin America's second-largest economy this year.



4 years ago

Trump vows new tariffs on China, says Xi moving too slow on trade

President Donald Trump said on Thursday he would impose a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1, after negotiators failed to make progress in U.S.-China trade talks, sending shockwaves through U.S. markets.



4 years ago

Bayer sees potential future business in plant-based meat market

A Bayer executive on Thursday said the company was closely watching the plant-based meat market which has seen booming demand in recent years, adding that Bayer could potentially enter the market as an alternative protein source provider.



4 years ago

Timeline: Key dates in the U.S.-China trade war

The U.S.-China trade war intensified on Aug. 1 with U.S. President Donald Trump vowing to levy 10% tariffs on a remaining $300 billion (£247 billion) list of consumer goods imports from China starting on Sept. 1.



4 years ago

China to no longer prioritize controlling trade war scale - Global Times editor in chief

A trade deal between the United States and China is now "further away," the editor in chief of China's Global Times newspaper said early on Friday, after U.S. President Donald Trump moved to impose a 10% tariff on a remaining $300 billion list of Chinese imports starting Sept. 1.



4 years ago