US economy

AMLO Is Said Planning to Gut Trade Team That Renegotiated Nafta

Oct.19 (Bloomberg) -- President-elect Andres Manuel Lopez Obrador plans to let go of three quarters of the Mexican team that negotiates trade agreements, including the just-announced deal with the U.S. and Canada, in a push to cut government spending, according to five people familiar with the plans.

Starbucks Cedes Operations in Part of Europe to Mexican Partner

Oct.18 (Bloomberg) -- Starbucks Corp., already restructuring at home, will now shake things up in Europe, too.

American Pork, Buffeted by Tariffs, Is Losing

Oct.18 (Dow Jones) -- China has the world’s biggest appetite for pork. It’s such a beloved staple that the written Chinese character for “home” depicts a pig inside a house. U.S. producers banked on that business being around for years.

Trump Threatens to 'Call Up the U.S. Military' If Mexico Doesn't Stop Migrants

Oct.18 (Dow Jones) -- President Trump on Thursday threatened to deploy the military and close the southern border if Mexico doesn't stop an "onslaught" of Latin American migrants passing through its country from reaching the U.S.

Senate Liberal Maps Path to Win by Sticking With Trump on Trade

Oct.18 (Bloomberg) -- No one would mistake Sherrod Brown for a Donald Trump supporter.

Trump's 2016 Voters Plan to Back GOP in Midterms, but Some Still Have Doubts About Him

Oct.18 (Dow Jones) -- Carol Jansson, a strong opponent of abortion, is thrilled about the confirmation of Justice Brett Kavanaugh to the Supreme Court. Her desire for conservative change on the court was a top priority when she was choosing between Donald Trump and his Democratic rival, Hillary Clinton, in the 2016 presidential election.

Global Economy

Corporations

Starbucks' Mexican Partner Faces Challenging European Expansion

Oct.19 (Bloomberg) -- Mexican restaurant operator Alsea SAB is getting access to new European markets with its expanded Starbucks Corp. partnership, but it may find the region is tough to crack.

Amazon Revisits Some Cities as HQ2 Decision Looms

Oct.19 (Dow Jones) -- Amazon.com Inc. executives have made a fresh round of visits to several of the 20 finalists for its $5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year.

Coca-Cola Shuffles Executives; CEO Names a No. 2

Oct.18 (Dow Jones) -- Coca-Cola Co. boss James Quincey shuffled his management team, promoting a company veteran into the vacant No. 2 role and disclosing the retirement of the company’s finance chief.

Nucor CEO Says Quotas May Replace Tariffs in Steel Trade Fight

Oct.19 (Bloomberg) -- U.S. tariffs on steel could be replaced by quotas for Canada and Mexico, the head of the largest U.S. steelmaker says.

Inflation Is Back—and Unilever, Nestlé Are Taking Advantage

Oct.18 (Dow Jones) -- Two of the world’s largest consumer-goods companies, Unilever PLC and Nestlé SA, reported stronger sales as a wave of inflation in many markets emboldened them to raise prices.

5G Has Arrived. It’s Been A Long Wait for Ericsson, Nokia

Oct.18 (Dow Jones) -- The push to build new 5G networks is finally paying off for the world’s telecom-equipment makers.

Markets