Brexit talks enter key week with time and trust running out
If Britain and the E.U. make enough progress by Friday, they could then hammer out an accord by Oct. 15, Boris Johnson's deadline. If they don't, Britain would be almost certain to crash out of the...
View ArticleU.S. exporters struggle to gain ground as global recession remains severe
The merchandise trade deficit — what the U.S. purchases from other countries and what it sells to them — hit a record in August., and it is unlikely to improve anytime soon.
View ArticleTrump administration to tighten rules for foreign workers using H-1B visas
Planned changes will make U.S. firms pay higher salaries to the H-1B visa workers, tighten hiring rules that determine their eligibility and increase regulation by the departments of Labor and Homeland...
View ArticleGlobal watchdog proposes tax overhaul for Big Tech
A global economic watchdog proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from...
View ArticleWTO approves European tariffs on Boeing jets and other U.S. goods
It's unlikely the European Commission will impose the authorized tariffs before the U.S. presidential election. After that, the ruling may spur transatlantic negotiations to try to reach a settlement...
View ArticleBoeing 737 MAX judged safe to fly by Europe’s aviation regulator
(Bloomberg) — Europe’s top aviation regulator said he’s satisfied that changes to Boeing Co.’s 737 Max have made the plane safe enough to return to the region’s skies before 2020 is out, even as a...
View ArticleGoogle monopoly case by U.S. sets stage for multipronged attack
Google controls 90% of the online search market in the U.S. The antitrust complaint filed Tuesday is the first phase of what's shaping up as a multipronged attack against Google.
View ArticleGoldman recast as villain of Wall Street with damning 1MDB pact
Goldman's costs from the scandal hurtled beyond $5 billion Thursday while a subsidiary pleaded guilty to a U.S. criminal charge for the first time in the firm's history.
View ArticleFrom Beijing to Brussels, Trump’s trade wars at a glance
WASHINGTON (AP) — President Donald Trump said he would shake up American trade policy. That he did. From Beijing to Brussels to Mexico City, he waged war with trading partners on multiple fronts....
View ArticleCoronavirus opens a stark divide in America’s aerospace industry
The stark economic divide in the aerospace industry illustrates how the coronavirus has created unexpected winners and losers throughout the economy, analysts say.
View ArticleChina halts Ant Group’s blockbuster IPO
The internet finance spinoff of the Chinese e-commerce giant Alibaba had been set to be the largest share sale in history.
View ArticleAnchorage airport among the nation’s busiest during pandemic
ANCHORAGE, Alaska (AP) — Alaska’s largest airport became one of the nation’s busiest in recent months as disrupted shipping patterns during the COVID-19 pandemic increased cargo activity. Ted Stevens...
View ArticleU.S. trade deficit narrows for first time in three months
The U.S. trade deficit narrowed for the first time in three months as exports jumped and import growth slowed, though overall transactions remained well below pre-pandemic levels.
View ArticleCanada jobs recovery fizzles on renewed COVID-19 closures
Rising COVID-19 cases prompted authorities to close businesses again in major metro areas like Montreal, Toronto and Ottawa, causing a new wave of job losses in affected industries.
View ArticleEU puts tariffs on US but hopes for change with Biden
BRUSSELS (AP) — The European Union said Monday it would impose tariffs on up to $4 billion worth of U.S. goods and services over illegal aid for plane maker Boeing — but expressed hope that trade ties...
View ArticleEurope to impose tariffs in 16-year trade fight with U.S. over Boeing aid
The European Union said it would begin imposing sweeping tariffs on around $4 billion worth of American aircraft, food, drinks and other products on Tuesday, an action cleared by the WTO last month...
View ArticleAmazon accused by EU of unfairly using size and data to harm smaller merchants
European Union regulators brought antitrust charges against Amazon, saying the online retail giant broke competition laws by unfairly using its size and access to data to harm smaller merchants that...
View ArticleJack Block, the only longshore worker elected to Port of Seattle Commission,...
Block served 28 years on the Port of Seattle Commission, helping transform Seattle's waterfront from a rat-infested row of crumbling piers into a destination for massive container ships, cruise vessels...
View ArticleAs border uncertainty grows, Canada’s U.S. ambassador urges patience
Despite mounting uncertainties over when travel restrictions between the U.S. and Canada might end, a top Canadian diplomat is urging Washingtonians not to despair about the future of the state's most...
View ArticleCOVID passports emerge as key to restarting international travel
Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirus-free status, joining a push to introduce so-called COVID passports as vaccines for the...
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