Businesses Ask Congress to Limit Tariffs by Trump
A broad coalition of 51 trade groups joining the U S Chamber of Commerce and 222 state and local chambers urges Congress to curb President Trump from unilaterally imposing tariffs on steel and aluminum. The Corker bill would require congressional approval for tariffs tied to national security. The letter highlights potential retaliation from major partners and cites 1962 authority delegation. Signatories include the National Retail Federation Alliance of Automobile Manufacturers American Apparel Footwear Association and the Computer and Communications Industry Association.
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Congress
Donald Trump
Trump
Corker
United States
U.S. Senate
National Retail Federation
Alliance of Automobile Manufacturers
American Apparel & Footwear Association
The
Computer and Communications Industry Association
GE shifts focus to aviation and renewables amid spin offs
GE plans to spin off GE Healthcare and exit Baker Hughes oil services, move toward aviation, power, and renewable energy. A smaller corporate HQ is planned with 12 to 18 months for Healthcare structure. CEO John Flannery seeks debt cuts and $500 million in cost reductions.
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General Electric
GE Healthcare
Baker Hughes
Connecticut
Boston
GE Capital
Wabtec
John Flannery
Flannery
GE Removed From Dow As Walgreens Replaces It
GE underperformed the market, down about 55 percent in a year while the S&P 500 rose 13 percent, highlighting its reduced relevance as a Dow component. Walgreens Boots Alliance replaces GE, with a higher price aiding its index influence. Dow close cited as 1,668.53 and YTD gain 8.7 percent.
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General Electric
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Dow
Boeing
Walgreens Boots Alliance
Technolog Energ
iShs Emerg Mkts
EEM
Spdrs&p500
Etftr Spy
Spdr Financial Xlf
LP Uso
iShs China
iShares Eafe Etf
Spdr S&p O&g
Vane Wecteld Miners
Bankrate.com Commodities Commo Ies
Frankfurt
Hong Kong
Japan
London
Mexico City
Morningstar
Dow Jones
The
Associated Press
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