President Donald Trump’s comments followed signs from China that it wouldn’t immediately retaliate against the latest U.S. tariff increase and wanted to focus on removing new tariffs, to prevent a further escalation of the trade war.
A bankruptcy filing would help the company shed unprofitable stores and recapitalize the business. The retailer has four Indianapolis-area stores.
The U.S. and Japan agreed in principle on a trade deal under which Japan will slash tariffs on U.S. beef, pork and other agricultural products while continuing to face levies on its own auto exports.
Administration officials agreed to the broad contours of a renewable fuel plan, including further moves to encourage the use of E15 gasoline containing 15% ethanol, beyond the 10% variety common across the U.S.
The owner of a western Indiana ethanol plant is blaming its shutdown on the Trump administration’s decision to allow some refineries to not blend ethanol with gasoline as required under federal law.
Bigger cracks are forming across America’s manufacturing foundation after lackluster global demand and persistent trade tensions led to the first contraction in U.S. factory activity since September 2009.
By granting a grace period for everyday items such as some phones and toys, the U.S. concession appears designed to avoid any disruption or additional price increases for American consumers heading into the final four months of the year—from back-to-school purchases to Christmas shopping.
The announcement Wednesday that FedEx would no longer make ground deliveries for Amazon comes two months after the delivery company said it was terminating its air delivery contract with Amazon.
Bloomberg analyzed the contribution to gross domestic product by industry and government in all 50 states to create the diversity index. Indiana’s GDP is most dependent on manufacturing and least dependent on government.
A biofuel deal between the two nations would come as a relief for the U.S. ethanol industry, which has been beset by a supply glut and the weakest margins in more than 15 years.
The rate reduction was the first since December 2008, when the Fed dropped its benchmark effectively to zero as it battled recession and financial crisis.
The new publicly traded company will have sales of about $19 billion to $20 billion in 2020, the drugmakers said in a statement.
As the head of the U.S. intelligence community, the 76-year-old Coats has been a rare cabinet official willing to break ranks with President Trump publicly. The imminent departure of the former Republican senator from Indiana has been talked about for several months.
Reducing travel friction and increasing security are critical for the industry, which is expecting passenger growth from 4.6 billion this year to 8.2 billion in 2037.
The mixed report highlights how President Donald Trump—who’s repeatedly called for lower interest rates—is enjoying signs of a solid economy while his trade war with China weighs on the expansion and fuels uncertainty for global businesses.
Moving millions of products closer to customers to enable one-day delivery proved more costly and complicated than expected, driving up expenses and reducing efficiency in the second quarter.
Former Special Counsel Robert Mueller’s long-awaited appearance Wednesday for more than five hours before two House committees fell short of Democrats’ predictions that he’d invigorate their stalled investigations into President Trump and perhaps even propel a move to impeach him.
The meeting occurred as a bipartisan effort is underway in the Senate that two of its sponsors say would lead to $100 billion in savings on prescription-drug spending over a decade.
In addition to increasing pay, trucking companies are trying to recruit more women, young people and former military personnel.
President Trump and senior administration officials met with CEOs from Alphabet Inc.’s Google, Broadcom Inc., Cisco Systems Inc., Intel Corp., Micron Technology Inc., Western Digital Corp. and Qualcomm Inc. on Monday.
