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February, 20, 2017

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Business > Americas
President Donald Trump's rejection of multilateral trade agreements in the Asia-Pacific in favor of one-on-one deals is "doomed to failure," a noted U.S. trade expert said Thursday.
 
The United Auto Workers union is preparing an ad campaign that urges consumers to buy U.S.-made cars and trucks as it tries to tap into President Donald Trump's efforts to rebuild the country's manufacturing sector.
 
Spying a Spyder
People photograph the Audi R8 Spyder during the Canadian International Auto Show in Toronto, Thursday, Feb. 16.
 
U.S. household debt surged US$460 billion last year, the biggest increase in 10 years, and has nearly returned to the peak level before the global financial crisis, the New York Federal Reserve said Thursday.
 
Senators try to speed up deployment of self-driving cars
In the first major congressional attempt to address the advent of self-driving cars, two senators said Monday they're launching a bipartisan effort to help to speed up the deployment of the vehicles on the nation's roads.
 
4 GOP senators on the fence over Puzder for labor secretary
Four Republicans on the Senate committee considering President Donald Trump's nominee for secretary of labor aren't saying publicly if they will vote for him.
 
Divided Senate confirms  Mnuchin as Treasury boss
A bitterly divided Senate on Monday confirmed Steven Mnuchin as treasury secretary despite strong objections by Democrats that the former banker ran a "foreclosure machine" when he headed OneWest Bank.
 
Credit Suisse said Tuesday it booked net loss of 2.4 billion Swiss francs (US$2.3 billion) in 2016, after agreeing to a massive settlement with the U.S. authorities last month over its role in the so-called sub-prime crisis in 2008.
 
Insider Q&A: Duke University expert James Cox on the SEC's future
President Trump has named Jay Clayton, a Wall Street attorney who worked on mergers and IPOs, to head the Securities and Exchange Commission. Last week Trump ordered a review of the 2010 Dodd-Frank law.
 
Utah's 'Zion Curtain' could be torn down
A server from Lamb's Grill reaches for a glass behind the "Zion Curtain" in Salt Lake City on Friday, Feb. 10.
 
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