Finance

Air Travel Workers Seek to Capitalize on Newfound Clout

When President Trump announced a deal to end the government shutdown in January, hours after the Federal Aviation Administration briefly stopped flights into La Guardia Airport amid a shortage of air traffic controllers, many concluded that workers’ impact on travel had led the White House to retreat. “I think it’s really obvious to all aviation

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Powell, Eyeing Trade War, Says Fed Will Act to Sustain Expansion

CHICAGO — Federal Reserve Chairman Jerome H. Powell said on Tuesday that the central bank is prepared to act to sustain the economic expansion should fallout from President Trump’s trade actions on China and Mexico threaten the United States economy. “We do not know how or when these issues will be resolved,” Mr. Powell said

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Anheuser-Busch partners with solar farm to meet energy goals

Anheuser-Busch is making good on its pledge to be a more renewable brewer. The company said it is partnering with San Francisco-based solar developer Recurrent Energy, which will build and maintain a 2,000-acre solar farm in Pecos County, Texas. Once it’s completed in 2021, Anheuser-Busch will buy credits based on the energy the facility is

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How the House Bill Would Help Retirees and Savers

The retirement legislation that the House recently passed with an overwhelming bipartisan majority includes a series of provisions that would affect different groups of American savers and retirees. One change would open the door for complex annuity products to become part of your employer’s retirement offerings, but that’s just one provision. Here’s a sampling of

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Nissan odd man out in partner Renault’s FCA merger decision

Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: “kaya no soto.” That translates to “outside the mosquito net,” or the unlucky person outside the net, getting bitten while others are safe

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World shares skid after technology sell-off hits Nasdaq

World markets retreated Tuesday after news that the Trump administration is considering anti-trust moves against tech giants triggered a sell-off, pushing the Nasdaq composite index into a correction. Britain’s FTSE 100 lost 0.3% to 7,161.29 and the CAC 40 in France dropped 0.8% to 5,201.83. Germany’s DAX declined 0.3% to 11,765.90. But Wall Street looked

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