A Recession Hasn’t Arrived (Yet). Here’s Where You’ll See It First.

Amid last summer’s recession fever, we identified the key indicators to watch for signs of trouble. Five months later, the situation has improved, but risks remain. Press Release Distribution Service

McDonald’s Notches Big Victory in Labor Board Ruling

The National Labor Relations Board ordered a judge to approve a settlement that doesn’t consider the fast-food giant liable for labor law violations by its franchisees. Press Release Distribution Service

What the U.K. Election Result Means for Global Business

Prime Minister Boris Johnson said the government now had “a powerful new mandate to get Brexit done,” a stance that goes against decades of greater economic integration. Press Release Distribution Service

Out Magazine Sheds Top Editor and Staff

Phillip Picardi and others were let go by the parent company of the venerable L.G.B.T.Q. magazine. Press Release Distribution Service

Bank Regulators Disagree on Changes to Rules for Poor Communities

Two regulators proposed an update to rules about how banks lend in poor areas. But the Federal Reserve doesn’t agree with the plan. Press Release Distribution Service

Family Behind Krispy Kreme Donates Millions to Holocaust Survivors

Grappling with their company’s history of Nazi support, the Reimanns, one of Germany’s richest families, have pledged 5 million euros to Holocaust survivors and 5 million more to forced laborers. Press Release Distribution Service

The Incredible Shrinking Wallet

A once-essential leather good reshapes, reduces and will possibly soon be redundant. Press Release Distribution Service

Saudi Aramco Briefly Hits $2 Trillion Valuation

On its second day of trading, the oil giant’s stock reached a price that raised the company’s value to a target sought by Saudi Crown Prince Mohammed bin Salman. Press Release Distribution Service

With Walking Dead Behind Him, Comics Creator to Debut Fire Power

A man on an identity quest finds powers instead in Robert Kirkman’s new comic coming in May. Press Release Distribution Service

DealBook: Watching for Christine Lagarde’s Stance as Head of E.C.B.

Analysts and investors will be listening for hints on where she stands on various issues when she gives her first news conference in the role. Press Release Distribution Service

U.S. sources say terms set for China trade deal, but Beijing mum

Washington will suspend some tariffs on Chinese goods and cut others in return for Beijing buying more American farm goods, U.S. sources said on Thursday, although a lack of confirmation from either side cast doubt on whether a deal was finalized. Press Release Distribution Service

California power producer PG&E files amended reorganization plan

California power producer PG&E Corp said late on Thursday that it has filed for an amended reorganization plan, adding that it remains on track to getting the plan confirmed before a June 2020 deadline to exit bankruptcy. Press Release Distribution Service

Oil prices hit highest in three months as U.S.-China trade deal takes shape

Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude. Press Release Distribution Service

Regulator puts loading curbs on 737 jets converted to freighters by Israel Aerospace

Israel’s aviation regulator has ordered airlines with Boeing Co 737 jets converted to freighters by Israel Aerospace Industries (IAI) to comply with loading restrictions and use additional straps when needed before they can resume flying. Press Release Distribution Service

Qantas selects Airbus over Boeing for world’s longest flights

Australia’s Qantas Airways picked Airbus SE over Boeing Co as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the U.S. planemaker its latest setback this year. Press Release Distribution Service

Asian shares, sterling on a high as global risks ebb

Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party cleared a couple of dark clouds from the global horizon. Press Release Distribution Service

‘Out of market today’: Australia brandishes four words crucial to case against Citi, Deutsche

A four-word handwritten note by a JPMorgan Chase & Co banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc and Deutsche Bank AG , a court heard on Friday. Press Release Distribution Service

U.S., China agree to reduce tariffs, delay duties scheduled for Dec. 15: source

The United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs that were slated to go into effect on Dec. 15 as part of a trade deal between the two economic giants, a U.S. source familiar with the situation said on Thursday. Press Release Distribution Service

U.S. regulator weighs action against Facebook over how its apps interact: report

The U.S. Federal Trade Commission is considering asking a court to stop Facebook Inc from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries, The Wall Street Journal reported on Thursday, citing people familiar with the matter. Press Release Distribution Service

U.S. labor board approves McDonald’s bid to settle case by franchise workers

A U.S. labor board on Thursday approved McDonald’s Corp’s proposed settlement allowing the fast-food company to avoid a ruling on whether it is a “joint employer” of franchise workers and could be made to bargain with unions. Press Release Distribution Service

Southwest reaches partial settlement with Boeing over projected 737 MAX damages

Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of a projected $830 million hit to operating income in 2019 arising from the grounding of its 737 MAX aircraft. Press Release Distribution Service

Beijing’s legal influence triggers disquiet in Hong Kong financial sector

When China’s top legislature criticized a Hong Kong court’s rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said. Press Release Distribution Service

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