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Exclusive-Some Walmart garment orders from Bangladesh on hold due to US tariff threat
LONDON/NEW YORK (Reuters) -Suppliers to Walmart have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as U.S. President Donald Trump’s threat of a 35% tariff on the textile hub disrupts business.B …. Read More >>
US investors back away from climate and social reforms
(Reuters) -Support for shareholder resolutions pressing U.S. companies for environmental and social reforms fell to 16% on average for the 12 months ended June 30, half the rate of three years ago, data from Morningstar shows.Analysts, activists and investors attributed the trend to hostility to climate and d …. Read More >>
S&P, Dow slide as Trump turns up tariff heat on Canada
(Reuters) -The S&P 500 and the Dow fell on Friday and were headed for a downbeat week as President Donald Trump ramped up his tariff offensive against Canada, amplifying the uncertainty swirling around the U.S. trade policy.Trump on Thursday announced a 35% tariff on Canadian imports, set to kick in next mont …. Read More >>
US senator says United, JetBlue partnership could harm competition
(Reuters) -Democratic Senator Richard Blumenthal said a proposed partnership between United Airlines and smaller JetBlue Airways could harm competition and lead to fewer and more expensive options for consumers.In a letter seen by Reuters Friday, Blumenthal asked United CEO Scott Kirby and JetBlue CEO Joanna …. Read More >>
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