Reuters US Business

By Savyata Mishra (Reuters) – Jack Daniel’s maker Brown-Forman’s CEO Lawson Whiting said on Wednesday Canadian provinces taking American liquor off store shelves was “worse than a tariff” and a “disproportionate response” to levies imposed by the Trump administration. Several Canadian provinces have taken U.S. liquor off store shelves as part of retaliatory measures against …

Jack Daniel’s maker says Canada pulling US alcohol off shelves ‘worse than tariff’ Read More »

OTTAWA (Reuters) -Canada could potentially use oil and gas exports as a lever in negotiations if U.S. tariffs on Canadian imports escalate, Foreign Minister Melanie Joly told a Toronto business audience on Wednesday. Canada is vowing to impose tariffs on C$155 billion worth of U.S. imports but has so far not suggested it would either …

Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash Read More »

OTTAWA (Reuters) – Canada, citing fears that recent trade turbulence could cut the value of domestic companies, on Wednesday vowed to make it harder for foreign firms to launch “predatory” takeover bids. Innovation Minister Francois-Philippe Champagne made the announcement a day after U.S. President Donald Trump launched a trade war against Canada and Mexico. Under …

Canada, citing trade turmoil, to crack down on foreign takeover bids Read More »

By Milana Vinn and Alexandra Alper NEW YORK/WASHINGTON (Reuters) – Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce Department last month, is expected to lead the new U.S. sovereign wealth fund that was unveiled by President Donald Trump, two people familiar with the …

Dealmaker Michael Grimes expected to lead new US sovereign wealth fund, sources say Read More »

(Reuters) -Dollar Tree on Wednesday named former Tyson Foods executive Stewart Glendinning as chief financial officer amid new CEO Michael Creedon’s efforts to accelerate a revamp at the company struggling with weak demand and intense competition. Glendinning joined the company earlier this year in a senior role, focusing on key areas within its finance organization …

Dollar Tree appoints former Tyson executive as CFO Read More »

By Ann Saphir (Reuters) -U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and prices increased modestly, the Federal Reserve said on Wednesday, with businesses and households expressing continued optimism amid rising uncertainty about how U.S. President Donald Trump’s policies will affect future growth, labor demand and prices. “Six Districts reported no …

US economic activity up slightly as tariff worries rise, Fed survey shows Read More »