U.S. lowers NAFTA key auto content demand: auto executivesMEXICO CITY/WASHINGTON (Reuters) - U.S. trade negotiators have significantly softened their demands to increase regional automotive content under a reworked NAFTA trade pact in an effort to move more quickly towards a deal in…Read More
Wells Fargo faces $1 billion fine from loan abuses(Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter …Read More
U.S. bank executives see delayed boost from tax overhaulNEW YORK (Reuters) - Banks have not reaped the full benefit of U.S. tax cuts, Wall Street executives said on Friday after a string of quarterly results, with expected business growth and higher consumer spending yet to materi…Read More
GE books $4.2 billion charge, restates earnings as expectedNEW YORK (Reuters) - General Electric Co said on Friday it took a $4.24 billion equity charge and reduced earnings for the last two years by 30 cents a share, figures in line with expectations the company set earlier this yea…Read More
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