The Iowa Reporter in the Middle of the 2020 Action

Every four years, the top political correspondent at The Des Moines Register has a big role to play. Now it’s Brianne Pfannenstiel’s turn. Press Release Distribution Service

Plight of Newspapers Generates Uncommon Bipartisan Unity

Lawmakers from both parties blame companies like Facebook and Google for the struggles of local newspapers. Press Release Distribution Service

DealBook: Away’s Once and Future C.E.O.

Steph Korey stepped aside as chief of the hip luggage maker last month after internet backlash over her management style. She’ll return as co-C.E.O. Press Release Distribution Service

‘Mona Lisa of Mustangs,’ Raced in ‘Bullitt,’ Sets Auction Record

Steve McQueen’s hero car from a renowned Hollywood chase scene breaks expectations in a sale for $3.74 million. Press Release Distribution Service

After a Decade of Hiring, Plenty of Jobs but Raises Are Tiny

The Labor Department’s monthly jobs report suggests that the economy ended 2019 on a steady footing. Press Release Distribution Service

Stocks pinned near record highs ahead of U.S.-China trade deal

World stock markets were flat on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement. Press Release Distribution Service

Oil steady as U.S.-Iran conflict eases, trade deal details elusive

Oil prices dipped slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of an initial U.S.-China trade deal whose details remain to be seen. Press Release Distribution Service

U.S. coal-fired power plants closing fast despite Trump’s pledge of support for industry

U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters. Press Release Distribution Service

UK, U.S. and industry officials to meet before Huawei decision: Downing Street

Officials from the British and U.S. governments and the telecoms industry will meet on Monday, before Britain is due to take a decision on the possible use of Huawei [HWT.UL] equipment in future 5G mobile networks, Prime Minister Boris Johnson’s spokesman said. Press Release Distribution Service

Stretched tech stocks leave some investors seeking off-ramp

As the bull market in U.S. stocks hits new highs, some investors are searching for ways to pare their exposure to the small group of technology and communications stocks that has fueled market gains for years.  Press Release Distribution Service

Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand. Press Release Distribution Service

WeWork debacle has unicorn investors seeking cover

In the months since office-sharing startup WeWork’s botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds. Press Release Distribution Service

China’s U.S. trade deal commitments not changed in translation: Mnuchin

China’s commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Press Release Distribution Service

Phase 1 trade deal stops bleeding, doesn’t end U.S.-China dispute: U.S. Chamber

The Phase 1 trade deal to be signed this week by China and the United States “stops the bleeding” but does not end the trade war, a senior U.S. Chamber of Commerce official said on Monday, warning that significant challenges remain. Press Release Distribution Service

U.S. Champagne drinkers should expect costs to pop with new tariffs

Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to impose 100% tariffs on French goods in a dispute over the country’s planned digital services tax. Press Release Distribution Service

As businesses hold back, U.S. consumers seen boosting big banks’ profits

Consumer lending is expected to propel profits for big U.S. banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results. Press Release Distribution Service

New Boeing chief executive takes over with 737 MAX crisis unresolved

Boeing Co’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Press Release Distribution Service

Renault shares fall on fresh worries about potential break with Nissan

Renault shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance. Press Release Distribution Service

Walmart sacks 56 executives in India as part of restructuring

Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. Press Release Distribution Service

The real price of Occidental’s ‘costless’ oil hedge

In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as “costless” but a Reuters review of regulatory filings, market data and interviews shows that’s not the whole story. Press Release Distribution Service

Walmart India says eight senior staff among 56 executives fired

Walmart Inc , the world’s largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday. Press Release Distribution Service

Ford’s China vehicle sales drop 26% in third straight year of decline

Ford Motor Co’s China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. Press Release Distribution Service

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