Trump says he’ll end NAFTA after reaching new deal with Mexico
President Donald Trump on Monday said he would terminate the North American Free Trade Agreement and sign a new trade accord with Mexico, potentially leaving Canada out of the bloc.
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U.S., Mexico poised to reach NAFTA deal as soon as Monday
Along with Canada, the United States and Mexico have been negotiating for a year to overhaul the 24-year-old accord at the insistence of Donald Trump.
Red Delicious loses claim as No. 1 apple after five-plus decades on top
The Red Delicious apple, an easy-to-transport variety that dominated grocery selection for decades, is no longer the most popular variety in the United States.
Scotts to test whether Miracle-Gro can make pot grow, too
Scotts Miracle-Gro Co. is betting its fertilizer can help cultivate a different kind of grass.
Electric trucks facing long road to unseat diesel engines
Companies like Tesla Inc. predict battery-powered trucks will soon be ready for the long-haul market. But Indiana-based engine maker Cummins Inc. thinks electric vehicles are more suitable for shorter ranges.
Walmart, Target showcase retail’s ‘renaissance’
Target chief Brian Cornell says this is possibly the strongest consumer environment he’s seen in his 37-year career. Unemployment is near record lows, consumer confidence is at a 17-year high and shoppers have their wallets out.
Health care exchange-traded fund hits record as pharma soars
A boom in major U.S. pharmaceutical stocks is creating a swarm of activity around an exchange-traded fund tracking major drugmakers like Eli Lilly and Co.
Amazon generates huge electric bills—but gets others to pay them
Amazon stands out for its success in offloading its power costs and also because it dominates America’s cloud business, which has gone from nonexistent to using 2 percent of U.S. electricity in about a decade.
Walmart eyes virtual-reality shopping system, patent filings say
Walmart is making a push into virtual reality, an area that holds promise for brick-and-mortar retailers struggling with the massive costs associated with store upkeep and labor.
Trump asks SEC to study half-year company earnings reports
While some business leaders have groaned about the rigors associated with having to disclose financial figures four times a year, the SEC has been reticent to make any changes.
Americans spending like crazy at restaurants, Commerce Department says
Spending at U.S. restaurants surged over the past three months by the most on record.
Walmart raises outlook after strongest quarter in 10-plus years
Walmart shares surged as much as 11 percent Thursday morning, the biggest intraday rise for the stock since October 2008.
Verizon to launch 5G TV service in Indianapolis, three other cities
Verizon Communications Inc. announced deals Tuesday making Apple Inc. and Google its first video providers for a superfast 5G wireless service the company plans to launch later this year.
Trump orders doubling of steel, aluminum tariffs for Turkey
The clash between the NATO allies reverberated across global markets Friday as an economic crisis in Turkey threatened to spread. The S&P 500 Index erased its gain for the week.
Pence says space force to assert U.S. ‘dominance’ in orbit
President Donald Trump wants Congress to allocate $8 billion over the next five years for space security systems as it establishes a U.S. Space Force as the sixth branch of the military, Vice President Mike Pence said.
Tribune files $1B suit against Sinclair, scraps merger deal
Sinclair Broadcast Group Inc. saw its bid to become a nationwide powerhouse collapse after its would-be partner, Tribune Media Co., withdrew from a planned $3.9 billion merger that drew the ire of regulators.
U.S. mall owners happy with steady, ‘boring’ results
Mall landlords, besieged for the past two years by the rise of online shopping and retailer bankrupties, are trying to push a new narrative of improving sales and increased demand for empty space at their properties.
China cuts red tape, increases potential for breakthrough medicines
After decades of being starved of innovative treatments for serious conditions like cancer, diabetes and kidney disease, China’s 1.4 billion people are becoming a prime target for Eli Lilly and other pharmaceutical companies.
Eli Lilly’s animal-health business files for initial public offering
Elanco Animal Health Inc. could see a market value of as much as $20 billion, according to Bloomberg Intelligence. At that valuation, a share sale could raise as much as $5 billion.
Apple becomes first U.S. company to hit $1 trillion market value
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.