Trump signals no China currency manipulation label
President Trump backs away from labeling China a currency manipulator in a coming report while noting the dollar is getting too strong. He also supports keeping rates low and left open reappointing Fed chair Janet Yellen, signaling shifts from earlier campaign positions.
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Wal Mart expands online discounts with in store pickup option
Wal Mart will offer discounts on about 10 000 items starting next week and expand to over 1 million items by June end as customers ship to stores for pickup to compete with Amazon. The program lowers costs by bypassing individual home shipping and speeds up delivery on popular items.
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Uber communications chief resigns amid corporate upheaval
Uber announces the departure of Rachel Whetstone, chief of communications, as CEO Travis Kalanick praises her impact. Deputy Jill Hazelbaker will replace her while Uber faces sexism accusations and reviews leadership amid a broader crisis including an investigation led by Eric Holder.
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U S Steel spills chromium wastewater into Lake Michigan tributary
EPA says a pipe failure at U S Steel Portage facility caused a spill of wastewater containing hexavalent chromium into Burns Waterway, a Lake Michigan tributary. Two Indiana Dunes beach areas closed and a local water utility paused lake withdrawals as a precaution.
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