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December 12, 2019
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Mexican businesses focus on labor provisions as they pore over USMCA trade deal text

Reuters
MEXICO CITY/WASHINGTON (Reuters) – Mexican business leaders on Wednesday began poring over texts of a new stricter trade deal with the United States and Canada, looking for details of how more intrusive enforcement of labor rules in Mexico would affect their operations. Moises Kalach, a leader of the CCE business...
Reuters - Business

FAA probes Boeing 737 MAX production, says it won’t approve jets’ return this year

Reuters
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues involving Boeing Co’s 737 MAX and confirmed the agency will not approve the grounded commercial jet for flight before year end. At a hearing before U.S. lawmakers, FAA chief Steve Dickson cited a series...
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Factbox: How the North American trade deal will affect labor, environment, drugs

Reuters
(Reuters) – New amendments to the U.S.-Mexico-Canada trade agreement (USMCA) focus heavily on stronger labor enforcement, outlining a detailed process to address any allegations that Mexican factories are violating workers’ rights. FILE PHOTO: The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint news...
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FAA probes Boeing 737 MAX production, ex-manager warns of ‘a factory in chaos’

Reuters
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues at Boeing Co’s 737 MAX factory after an ex-manager warned that schedule pressure and worker fatigue were raising safety risks. The manager, Ed Pierson, drew a link between faulty Angle of Attack sensors in...
Reuters - Business

Mexican businesses focus on labor provisions as they pore over USMCA trade deal text

Reuters
MEXICO CITY/WASHINGTON (Reuters) – Mexican business leaders on Wednesday began poring over texts of a new stricter trade deal with the United States and Canada, looking for details of how more intrusive enforcement of labor rules in Mexico would affect their operations. Moises Kalach, a leader of the CCE business...
Reuters - Business

Meltdowns and touchdowns: How the U.S. scored a Canada-Mexico trade deal

Reuters
WASHINGTON (Reuters) – Revising the U.S.-Mexico-Canada trade agreement took a year of acrimonious talks among Democrats, the chief U.S. negotiator and a labor union president – and may have set a world record for phones being slammed down in anger, according to one negotiator. U.S. Trade Representative Robert Lighthizer gestures...
Reuters - Business

Factbox: Labor, environment, drugs top changes to North American trade deal

Reuters
MEXICO CITY (Reuters) – Stronger worker and environmental protections top the changes to a new version of the North American trade deal signed by top U.S., Mexican and Canadian officials on Tuesday that clears the way for a long-delayed vote in the U.S. Congress. The full text of revisions has...
Reuters - Business

U.S., Canada and Mexico sign agreement – again – to replace NAFTA

Reuters
WASHINGTON/MEXICO CITY (Reuters) – Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City...
Reuters - Business

U.S., Canada and Mexico sign agreement – again – to replace NAFTA

Reuters
WASHINGTON/MEXICO CITY (Reuters) – Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City...
Reuters - Business

Pelosi to speak on USMCA as officials close in on trade deal

Reuters
FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) listens during the Wall Street Journal, at the Newseum in Washington, U.S., December 9, 2019. REUTERS/Al Drago WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi will hold a news conference on Tuesday to discuss the U.S. Mexico Canada (USMCA) trade deal as...
Reuters - Business

U.S., Canadian officials converge on Mexico City to seal final changes to trade deal

Reuters
WASHINGTON (Reuters) – Senior U.S. and Canadian officials were set to fly to Mexico City on Tuesday to work on the final changes to a languishing North American trade pact that could clear the way for a vote in the U.S. Congress before the end of the year. FILE PHOTO:...
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Former Boeing employee who warned about 737 problems will testify at hearing

Reuters
WASHINGTON (Reuters) – A former Boeing Co (BA.N) employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in...
Reuters - Business

J&J CEO spurns U.S. congressional hearing on carcinogens in talc products

Reuters
(Reuters) – Johnson & Johnson (JNJ.N) Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company’s Baby Powder and other talc-based cosmetics. FILE PHOTO: Alex Gorsky, Chairman and CEO of Johnson & Johnson, celebrates the 75th anniversary...
Reuters - Business

U.S. negotiators set to make last-minute trip to Mexico to pin down USMCA deal

Reuters
WASHINGTON/MEXICO CITY (Reuters) – The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labor-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows. FILE PHOTO: A...
Reuters - Business

Mexico asks Pelosi to act on trade deal, business groups wary

Reuters
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House Speaker Nancy Pelosi to decide on ratification of a North American trade pact, even as Mexican business groups fretted that proposed changes were weakening the deal. Mexico’s President Andres Manuel Lopez Obrador looks on during...
Reuters - Business

Amazon faces U.S. antitrust scrutiny on cloud business: Bloomberg

Reuters
FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg...
Reuters - Business

Pelosi says progress was made on USMCA in meeting with Lighthizer

Reuters
FILE PHOTO: Speaker of the House Nancy Pelosi (D-CA) speaks during a media briefing ahead of a House vote authorizing an impeachment inquiry into U.S. President Trump on Capitol Hill in Washington, U.S., October 31, 2019. REUTERS/Joshua Roberts/File Photo WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said on Thursday...
Reuters - Business

Pelosi says U.S.-Mexico-Canada trade deal is ‘within range’

Reuters
FILE PHOTO: Speaker of the House Nancy Pelosi (D-CA) speaks at the unveiling of the congressional portrait of Former House Speaker John Boehner at the U.S. Capitol in Washington, U.S., November 19, 2019. REUTERS/Erin Scott WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Monday that a...
Reuters - Business

China attacks U.S. at G20 as the world’s biggest source of instability

Reuters
BEIJING (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan. FILE PHOTO – China’s top diplomat State Councillor...

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