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| July 18, 2018

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GM warns Trump tariffs could lead the carmaker to shrink in the U.S.

June 30, 2018 |

General Motors Co. issued a stern warning to the Trump administration that it could shrink U.S. operations and cut jobs if tariffs are broadly applied to imported vehicles and auto parts.

“Increased import tariffs could lead to a smaller GM, a reduced presence at home and risk less — not more —…


L.A. Times – Business

Facebook shares tumble after changes to its News Feed that could shrink ad revenue

January 12, 2018 |

Facebook shares were down more than 4% early Friday to $ 180.10 after the social network announced it was making major changes to its signature News Feed.

Facebook said it would begin prioritizing posts from users’ friends and families that spark the most interaction over posts from brands and publishers.


L.A. Times – Business

Diet Coke gets a new look and new flavors as its sales shrink

January 10, 2018 |

Diet Coke is getting a makeover to try to invigorate the sugar-free soda’s slumping sales.

Coca-Cola Co. said Wednesday that it’s making its 12-ounce Diet Coke can taller and slimmer, updating the logo and offering the 35-year-old drink in four new flavors: mango, cherry, ginger lime and blood…


L.A. Times – Business

Trump Will Shrink Utah Monuments: Orrin Hatch

October 27, 2017 |

President Trump is shrinking two national monuments in Utah, accepting the recommendation of Interior Secretary Ryan Zinke to reverse protections established by two Democratic presidents, Orrin Hatch said Friday. The Republican senator said he was “incredibly grateful” that Trump called him on Friday to say he is approving Zinke’s proposal…
Newser

ECB Could Shrink Balance Sheet by Letting Bonds Mature, Says Top Official

April 14, 2017 |

The European Central Bank may shrink its massive securities portfolio by simply allowing bonds to mature, a top ECB official said.
WSJ.com: What’s News Europe

Japan’s Piece of the PC Pie to Shrink With Fujitsu Deal

October 7, 2016 |

Fujitsu said it is in talks to sell its personal-computer arm to China’s Lenovo, a move that would speed the withdrawal of Japanese electronics makers from the mass-market PC business.
WSJ.com: What’s News Asia

U.K.’s Current-Account Deficit Stands to Shrink After Brexit

August 15, 2016 |

The long-cherished goal of successive British governments to reduce the nation’s decadeslong habit of spending more than it earns may be coming within reach, but not necessarily in the way they would have liked.
WSJ.com: What’s News Europe

Brexit could shrink UK economy by six percent: Treasury

April 18, 2016 |

The Treasury report said a Brexit would cause "permanent" economic damage as Britain would never be able to negotiate quota-free, no-tariff access to the single marketIf Britain leaves the European Union its economy could shrink by six percent by 2030, the finance ministry warned in a report on Monday that was dismissed as scaremongering by eurosceptics. The report said a Brexit would cause "permanent" economic damage as Britain would never be able to negotiate quota-free, no-tariff access to the single market if Britons vote to leave in a June referendum. "The conclusion is clear: for Britain's economy and for families, leaving the EU would be the most extraordinary self-inflicted wound," Chancellor of the Exchequer George Osborne wrote in The Times.



Economy News Headlines – Yahoo! News

China January exports, imports shrink much faster than expected – Reuters

February 15, 2016 |

Reuters

China January exports, imports shrink much faster than expected
Reuters
BEIJING China's exports fell 11.2 percent in January from a year earlier and imports tumbled 18.8percent, both far worse than expected, putting pressure on policymakers to take further action to put a floor under the slowing economy. The fall in
Yuan Rises Most Since 2005 as PBOC Voices Support, Raises FixingBloomberg
China's exports, imports fall worse than expectedMarketWatch
China Shares Recover Some LossesNasdaq
Xinhua
all 292 news articles »

Business – Google News