Trade spat with Japan offers lesson to Trump
The piece traces past U.S. and Japan trade tensions under Bill Clinton and contrasts them with current U.S. pressures on China. It notes tariffs threats, calls for concessions, and the shift toward a broader global role for China, with analysts predicting pragmatism to avoid a full trade war. It cites IMF comments and mentions Navarro and the White House Trade Council.
MENTIONED IN THIS ARTICLE
Japan
Trump
Hong Kong
U.S
Donald Trump
Bill Clinton
Clinton
China
Taiwan
South China Sea
World Trade Organization
Seattle
WTO
International Monetary Fund
William Murray
Washington
Murray
Paul
Peter Navarro
Navarro
University of California At Irvine
Ohio bankruptcy filings fall from 2015 totals
The A O U C reported 35 903 bankruptcy filings in Ohio last year down from 39 765 in 2015. National 2016 figures show a 5 9 percent drop. Akron attorney Marc Gertz calls Ohio at a low ebb while a Chapter 7 trustee doubts numbers will fall much further. Personal filings often stem from job loss divorce foreclosures and medical bills.
MENTIONED IN THIS ARTICLE
U.S
Ohio
Akron
Marc Gertz
Buckeye
American Airlines meets wall street forecast for 4Q profit
American Airlines Group reports a fourth quarter profit that meets Wall Street estimates with a revenue trend rising for the first time since 2014. The airline cites stronger travel demand post election but warns labor costs rose 17 percent and expects further increases in Q1. Shares fell 5.3 percent to 46.95. Executives flag a revived bid to collaborate with Qantas and press for antitrust exemption.
MENTIONED IN THIS ARTICLE
Fort Worth
Texas
American Airlines
Wall Street
American
American Airlines Group Inc
Qantas
Obama
Trump
Stephen Johnson
Johnson
Delta Air Lines
United Airlines
Emirates
Qatar Airways
Etihad Airways
U.S
Pentagon orders reviews of F-35 and Air Force One programs
Defense Secretary James Mattis directs reviews of Lockheed Martin F-35 and Boeing Air Force One plans to inform budget decisions. The move follows President Trump’s criticism of costs and promises to cut expenses on these two major U.S. defense programs.
MENTIONED IN THIS ARTICLE
Defense
James Mattis
Lockheed Martin Corp
Boeing
Donald Trump
Mattis
Navy
Jeff Davis
Pentagon
Trump
U.S
Ing
Lockheed
New York
Air Force One
Markets wobble as 2017 outlooks drag Dow and commodities
Stocks retreated with the Dow near 20 000 after disappointing 2016 fourth quarter results and weak 2017 forecasts. Starbucks Chevron Colgate-Palmolive fell while Microsoft Wynn Resorts led gains. 33.8 percent of S&P 500 firms reported and 40 percent beat estimates. Oil and currencies fluctuated as traders weighed Trump tariff talk and global markets.
MENTIONED IN THIS ARTICLE
Tom Siomades
Hartford Funds Investment Consulting Group
Dow
Starbucks
Chevron
Colgate-Palmolive
Microsoft
Wynn Resorts
Wall Street
S&p Global Market Intelligence
China
South Korea
Taiwan
Malaysia
Growth slows as exports drag economy in fourth quarter
Consumer spending rose 2.5 percent in Q4, down from 3 percent, while exports lagged due to a strong dollar and weak foreign demand. 2016 growth at 1.6 percent, Obama era’s slowest since 2011, with Trump promising 4 percent growth via tax cuts and deregulation. Mnuchin later toned down 3–4 percent target.
MENTIONED IN THIS ARTICLE
U.S
Obama
Herbert Hoover
Trump
White House
Steven Mnuchin
Treasury
Pension fund trustees back suspension of cuts
Iron workers pension fund trustees say suspending immediate pension cuts is a better option than insolvency. They argue gradual reductions now avert deeper future losses while advocates claim rejecting cuts delays a longer-term fix. Sen. Sherrod Brown urges Congress to seek a lasting solution.
MENTIONED IN THIS ARTICLE
Iron Workers Fund
Ferguson
U.S
Sherrod Brown
Cleveland
Congress
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U.s.-China Business Council
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Carnegie Endowment For International Peace
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Mexico
Siomades
London
Europe
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Mainstreet Marathon
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LaGrange
LaGrange Hardware
Lorain
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Northview
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