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Business News

Canadian Lumber Industry Hits Back at `Unfair' Trump Tariffs - Bloomberg
Canadian lumber companies criticized new tariffs on imports of softwood lumber to the U.S., calling them unfair and unwarranted, while Prime Minister Justin Trudeau's administration vowed to fight back. The tariffs of as much as 24 percent announced by ...

The Trump Trade Is at a Moment of Truth as the President's Tax Proposal Looms - Bloomberg
Traders fixated on the Trump trade are about to get an idea of how far the president will go to stimulate the economy, after months speculating over the timing and size of his tax plan. The S&P 500 Index jumped to an intraday high yesterday after the ...

Nasdaq breaks above 6000 for the first time on strong earnings; Dow jumps 200 points - CNBC
U.S. equities rose sharply on Tuesday as solid quarterly reports from several large-cap companies rolled through. The Nasdaq composite jumped about 0.6 percent, sending the index above 6,000 for this first time ever. The Dow Jones industrial average ...

Despite his rhetoric, here's a clear sign that Trump is eager to show 100-day wins - Washington Post
The surest sign that President Trump isn't doing well in a particular area is when he goes out of his way to undercut its importance. When he was struggling in polls during the campaign, the pollsters behind the numbers were regularly disparaged as ...

Marissa Mayer Set to Receive $186 Million for Failing Because This Is How Corporate America Works - Gizmodo
Yahoo CEO Marissa Mayer continues to stack up piles of cash, despite her veritable failure to rescue the company from a pile of its own rot. After numerous setbacks, including two massive security breaches and dwindling ad revenue, Mayer is set to make ...

Coca-Cola Is Cutting 1200 Jobs as Growth Stalls - Fortune
Coca-Cola said it will cut 1,200 jobs, the latest major food manufacturer to accelerate cost-cutting efforts as the industry struggles with a weak growth outlook. The soda giant said it would trim the jobs beginning in the second half of 2017 and ...

McDonald's profit beats as turnaround gains steam, shares at record high - Business Insider
(Reuters) - McDonald's Corp reported a better-than-expected rise in quarterly profit and U.S. same-restaurant sales on lower costs, promotions on popular menu items like Big Macs and an expanded all-day breakfast menu. McDonald's shares popped to an ...

United passenger was dragged off the plane with 'minimal but necessary force,' officials say - Washington Post
The Chicago Department of Aviation has released a report on the infamous United Airlines debacle, saying its officers used ?minimal but necessary force? when they dragged a passenger off a flight. A report from the department describes what the ...

The Nasdaq is on the verge of cracking 6000 for the first time ever - CNBC
U.S. stock futures were higher this morning after the Dow, S&P 500, and Nasdaq on Monday logged their biggest gains since March 1. The Nasdaq closed at a record high and about 16 points away from 6,000. (CNBC). Dow components 3M (MMM), DuPont ...

LVMH offers to buy Christian Dior Couture for more than $7 billion - Los Angeles Times
LVMH Mot Hennessy Louis Vuitton is adding another mega-brand to its fashion and leather goods portfolio. The French luxury conglomerate said on Tuesday it has made an offer to buy Christian Dior Couture for 6.5 billion euros, or $7.06 billion at ...

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