Trump Signs Trade Deal With Canada and Mexico

President Trump signed the trade deal at the White House, fulfilling a campaign promise to rewrite the North American trade rules. Press Release Distribution Service

What is the USMCA? Here’s What’s in the New NAFTA

A trade agreement with Mexico and Canada revises Mexico’s labor laws and encourages more auto production in North America. Press Release Distribution Service

Warren Buffett Will Sell His Newspaper Empire

With a deal to sell Berkshire Hathaway’s newspapers to Lee Enterprises, the billionaire is giving up on the news business. Press Release Distribution Service

Boeing Expects 737 Max Costs Will Surpass $18 Billion

The grounding of the 737 Max jet continues to drag on the company’s results. Press Release Distribution Service

How the Coronavirus Could Hurt Apple and Starbucks

Corporations are bracing for the repercussions of the outbreak, with major retailers closing stores and airlines cutting flights to and from the country. Press Release Distribution Service

As Tesla Earnings Arrive, Bulls and Bears Continue to Spar

Faith in Elon Musk’s company has driven its stock to new heights. But detractors think their skepticism will be vindicated in the end. Press Release Distribution Service

How the Fed Chairman Is Shielding It From Trump

Jerome H. Powell is a pragmatist, and one who is quietly insulating an embattled Federal Reserve often in President Trump’s cross hairs. Press Release Distribution Service

Global stocks tumble over China epidemic worries

Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus. Press Release Distribution Service

Coca Cola reports fourth quarter revenue beat, targets 5% 2020 growth

Coca-Cola Co on Thursday reported better-than-expected quarterly sales driven by demand for its sparkling soft drinks, teas and coffees in North America and emerging markets. Press Release Distribution Service

U.S. refiners, chemical makers pare insurance coverage as accidents boost costs

U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. Press Release Distribution Service

Renault-Nissan can overhaul alliance without ownership change, chairman says

Renault and Nissan can improve their alliance without altering ownership, the chairman of the Franco-Japanese partnership said on Thursday, rolling back from a previous push toward a full-blown merger that had rankled Nissan. Press Release Distribution Service

Turnaround costs push Deutsche Bank to bigger than expected loss

Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings. Press Release Distribution Service

Verizon adds more-than-expected phone subscribers in fourth quarter

Verizon Communications Inc added more-than-expected mobile phone subscribers who pay a monthly bill in the fourth quarter, benefiting from offering a free, one-year subscription to Disney+ with some of its plans. Press Release Distribution Service

NBCUniversal fined $16 million for illegal sales curb in EU

NBCUniversal was fined 14.3 million euros ($15.86 million) by the European Union on Thursday for illegally restricting sales of merchandise linked to films such as “Minions”, as the bloc cracks down on practices blocking cross-border online trade. Press Release Distribution Service

Exclusive: SoftBank leads latest Alto Pharmacy funding round at over $1 billion valuation

SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development. Press Release Distribution Service

Policymakers fret over risk to global growth from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout. Press Release Distribution Service

Oil falls more than 2% on spread of Wuhan virus

Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Press Release Distribution Service

Japan issues arrest warrants for ex-U.S. soldier, two others for Ghosn escape

Japanese authorities on Thursday issued arrest warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan. Press Release Distribution Service

JLR parent Tata Motors posts third-quarter profit above estimates

India’s Tata Motors Ltd on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury car brand Jaguar and Land Rover rose in China and it kept a tight lid on costs. Press Release Distribution Service

Trump’s first presidential portfolio lags job, stock market growth

In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing “tens of thousands of new American jobs” and investing “billions and billions of dollars.” Press Release Distribution Service

Jaguar Land Rover boss to step down in September

The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain’s biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales. Press Release Distribution Service

Deutsche Bank CEO: Negative rates not an option generally for private customers

Deutsche Bank’s chief executive on Thursday told German broadcaster n-tv that he did not think Germany’s top bank would apply negative interest rates to the accounts of private customers in general. Press Release Distribution Service

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