CHICAGO (Reuters) - The U.S. Department of Agriculture said on Friday it will begin making a second round of 2019 trade aid payments to U.S. farmers next week. The payments are the second part of a three-tranche $16 billion aid package announced in May to compensate farmers for the U.S.-China trade war. China imposed tariffs on key U.S.
(Reuters) - Canadian National Railway will lay off 1,600 employees in the United States and Canada, the Globe and Mail reported https://tgam.ca/32Sek26 on Friday. The layoffs will affect managers, office employees and unionized rail workers in a range of positions across the largest Canadian railroad operator's network, the newspaper
By David Shepardson and Alexandra Alper WASHINGTON (Reuters) - U.S. President Donald Trump and Apple (NASDAQ:AAPL) CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled, sources briefed on the matter confirmed Friday. Reuters reported on Tuesday that the trip was planned for next week to
By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) - The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" cryptocurrency proposals as potential risks to the financial system. In its latest twice-yearly review of
(Reuters) - An Oklahoma judge on Friday said Johnson & Johnson (N:JNJ) needs to pay only $465 million of the $572 million he previously concluded it owed the state for fueling the opioid epidemic through deceptive marketing of painkillers. The ruling by Cleveland County District Judge Thad Balkman in Norman, Oklahoma, came in the first case to