Brown-Forman Reports Higher Q4 Net Income Amid Tariff Fight
Brown-Forman Corp reports stronger fourth quarter net income driven by whiskey and tequila sales despite tariff adjustments that trimmed full year net sales growth. The Louisville company notes resilience with growth in emerging markets and solid U.S. demand while tariffs impact exports to the EU. The UCLA forecast urges caution for California jobs into 2021 with a modest unemployment rise. De Blasio secures union endorsement from the New York Hotel and Motel Trades Council in his presidential bid.
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Louisville
Brown- Forman Corp
Jack Daniel
U.S
European Union
Trump
California
UCLA
Jerry Nickelsburg
Ucla Anderson
China
U.S. Bureau of Labor Statistics
Nickelsburg
New York
New York City
Bill de Blasio
Peter Ward
de Blasio
The
National Hotel Workers Union Unite
Sanders urges Walmart board to pay workers more
Bernie Sanders pressed Walmart at its Rogers Arkansas meeting calling for hourly workers to earn at least 15 dollars an hour and a shareholder proposal to seat an hourly worker on the board. He also backed a separate bid to strengthen sexual harassment oversight while noting Walmart has raised starting pay and extended benefits amid broader corporate wage trends.
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New York
Bernie Sanders
America
Walmart
Vermont
Rogers
Arkansas
Sanders
Carolyn Davis
United For Respect
McDonald's
Bentonville
Amazon
U.S
Target
Target Corp
Minneapolis
Doug McMillen
Doug Penner
McMillen
Congress
Penner
California
San Francisco
Jeff Chiu
Mobile devices overtake TV watching among Americans
San Francisco report says Americans will spend an average 3 hours 43 minutes daily on smartphones tablets and feature phones this year eight minutes more than TV. eMarketer notes growth in streaming content and wider device use driving the shift with younger users spending even more time online.
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San Francisco
United States
eMarketer
Monica Peart
Netflix
Hulu
Nielsen
Oil bears, tariffs lift market as Trump eyes Mexico deal
Markets rose as investors bet Mexico tariffs may be avoided and Treasuries gained on weak private payrolls. Oil slid into a bear run after U.S. supplies surged. S&P 500 edged higher on hopes for rate cuts and a trade resolution. The dollar and yields moved, while commodities dropped. Analysts cited Fed easing expectations and ongoing trade concerns.
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Donald Trump
Mexico
White House
Peter Navarro
CNN
Treasuries
Trump
Federal Reserve
Ryan Nauman
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Fed
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Jack Daniels
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Russia
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Bloomberg
Cormac Mullen
Adam Haigh
Robert Brand
Todd White
Benjamin Purvis
Sophie Caronello
Sarah Ponczek
Kerlv
Rees
Ren
T Mo
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