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US Business

Walmart Posts Strong Holiday Sales Gains in U.S.
Tue, 19 Feb 2019 18:54:15 EST - Walmart’s profit and sales rose over the winter holidays, a sign that the retail giant lured shoppers from rivals and that Americans continued to spend freely amid mixed economic signals.
Ford to Exit Heavy-Truck Business in South America
Tue, 19 Feb 2019 18:38:26 EST - The auto maker intends to stop making heavy trucks in Latin America and end production at an assembly plant in Brazil this year.
Pentagon Cloud-Computing Contract Sought by Amazon Faces New Hurdle
Tue, 19 Feb 2019 20:07:39 EST - A federal judge delayed a lawsuit over a massive Pentagon cloud-computing contract Amazon.com was favored to win while the government continues to investigate possible conflicts of interest in the procurement process.
Karl Lagerfeld, Chanel's Creative Force, Dies
Tue, 19 Feb 2019 19:11:00 EST - German designer Karl Lagerfeld, who dominated high fashion for decades and reinvigorated French couture house Chanel as creative director, has died.
Companies Roll Out Gunshot Detectors at the Office
Tue, 19 Feb 2019 17:58:17 EST - Corporate executives worried about workplace shootings are quietly installing gunfire-detection systems in U.S. offices and factories. Most don’t tell employees what the sensors are, for fear of alarming them.
Europe Again Champions Intervention to Counter China's Economic Might
Tue, 19 Feb 2019 13:28:17 EST - Europe’s struggle to keep up with China’s government coordination of business and economic might of the U.S. has prompted more European politicians to advocate interventionism.
As China Trade Talks Resume, Trump Pushes an Ambitious Agenda
Tue, 19 Feb 2019 17:58:22 EST - The Trump administration is racing to strike a deal that will result in long-term reforms—and prove that tariffs are an effective battering ram to open markets around the world.
Fed's Mester Sees Rates Slightly Higher This Year
Tue, 19 Feb 2019 13:20:58 EST - Cleveland Fed President Loretta Mester said she expects interest rates to rise slightly this year if the economy lives up to her expectation of solid performance.
Worrying About Deficits Falls Out of Style
Mon, 18 Feb 2019 10:47:51 EST - Washington’s red-ink alarms have gone dead, even though the annual deficit will reach roughly $900 billion this year, then pass the trillion-dollar mark annually starting in 2022. Is this lack of concern wise?
Worry About Debt? Not So Fast, Some Economists Say
Mon, 18 Feb 2019 08:49:37 EST - As the national debt swells, some economists are making a once-heretical argument: The U.S. needn’t be so worried about all of its red ink.
Medtronic Swings to Profit Despite Slowdown in Heart-Failure Treatments
Tue, 19 Feb 2019 17:47:21 EST - Higher sales of medical devices used in the treatment of brain and kidney diseases helped Medtronic offset a slowdown in sales of gear for heart conditions in its latest quarter.
Acknowledge, Apologize, Investigate: How Brands Tackle Online Outrage
Tue, 19 Feb 2019 08:25:31 EST - If it feels like there is a steady stream of fresh outrage over consumer-brand gaffes, it may be because companies have become more adept at managing controversy than at pre-empting it.
In Rebuke to U.S., Germany Considers Letting Huawei In
Tue, 19 Feb 2019 21:42:14 EST - Germany is leaning toward letting the Chinese tech giant participate in building its high-speed internet infrastructure despite U.S. warnings.
Herbalife Sales Rise 9% in Latest Quarter
Tue, 19 Feb 2019 18:56:54 EST - Herbalife Nutrition, whose chief executive abruptly resigned last month, reported a 9% sales increase in its latest quarter, driven largely by growth in Asia Pacific.
Glencore to Cut Production at Major Copper, Cobalt Mine
Tue, 19 Feb 2019 12:54:38 EST - Glencore plans to curb production at one of its biggest copper and cobalt mining operations, Mutanda Mining Sarl in Congo, potentially taking a sizable portion of two industrial metals out of circulation.
Honda Plans to Shift Some U.K. Civic Production to North America
Tue, 19 Feb 2019 10:16:20 EST - Honda’s chief said he wanted to move some production of Civics to North America from a closing U.K. car plant, offering an example of shifts that may ensue after Brexit.


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