Business News
Exclusive: As Trump trashes NAFTA, Mexico turns to Brazilian corn2/22/2018 5:02:53 PMCHICAGO/MEXICO CITY - Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants.Wall St. rises sharply as rate hike fears ease2/22/2018 4:55:57 PM - Gains in technology and industrial shares helped U.S. stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year.U.S. jobless claims near 45-year low as economic outlook brightens2/22/2018 4:33:00 PMWASHINGTON - The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy.Ford reshuffles executives after abrupt departure of U.S. chief2/22/2018 4:03:48 PM - Ford Motor Co on Thursday named company insider Kumar Galhotra as head of its North American operations, filling the gap left by the abrupt departure of Raj Nair after an internal investigation uncovered "inappropriate behavior" by the executive.Chevrolet Bolt wins top 'green car' from Consumer Reports2/22/2018 5:53:12 PMWASHINGTON - Hyundai Motor Co's Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co's electric Chevrolet Bolt was named top pick for compact green car.Stymied by regulators, Airbnb looks to luxury vacations, hotels for growth2/22/2018 5:16:40 PMSAN FRANCISCO - Airbnb is rolling out new services aimed at attracting travelers looking for luxury accommodations and traditional hotels, the latest move to contend with sputtering growth in its original home-renting business.Toys are not us: Target investors2/22/2018 5:50:45 PM - Target Corp should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys "R" Us, several of the company's investors told Reuters, worried it could eat up capital desperately needed in an Amazon-dominated retail world.President of Tezos Swiss foundation steps down2/22/2018 5:39:34 PMNEW YORK - The president of a Swiss foundation that conducted a $232 million online fundraiser for the embattled Tezos cryptocurrency project has stepped down, the foundation said in a statement on Thursday.Takata agrees to settle U.S. probe by 44 state AGs over deadly air bags2/22/2018 5:32:12 PMWASHINGTON - Takata Corp's U.S. unit agreed Thursday to settle a probe by 44 state attorneys general into claims it concealed a deadly safety defect with air bag inflators.BMW settles U.S. claims it refused lease refunds to military personnel2/22/2018 5:27:50 PM - BMW AG agreed to pay more than $2.2 million to settle U.S. government claims that it failed to provide required refunds to 492 military personnel who lawfully terminated their vehicle leases because they were called to duty.