Category: Trump, Donald J

Lukoil Gas Station Franchisees Caught in a Fight Between US and Russia

After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business for local franchisees.
Panama Court Strikes Down Hong Kong Firm’s Canal Contract

President Trump has said he wants American control of the canal, putting the longtime ports operator, CK Hutchison, in the cross-hairs of the U.S.-China trade conflict.
Murdoch and News Corp Take on the West Coast with The California Post

The expansion of the Murdoch tabloid from its New York roots to the West Coast is the latest sign of the outlet’s national ambitions.
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector

Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility

The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
U.S. Trade Deficit Bounces Back as Tariffs Cause Volatility

The monthly trade deficit and imports rebounded in November after shrinking significantly in prior months, new data show.
Russia’s Lukoil to Sell Its Foreign Assets to U.S. Investment Firm

The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.
Trump’s Trade Policies Sort Manufacturers Into Winners and Losers

Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.
A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.

Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.
South Africa Cancels Release of ‘Melania’ Documentary

The distributor, which was set to release the film on Friday, said it had canceled the theatrical premiere because of “recent developments,” but declined to specify.
Amazon’s $35 Million ‘Melania’ Promotion Has Critics Questioning Its Motives

The tech giant is spending $35 million to promote its film about the first lady, far more than is typical for documentaries.
The Fed Is Waiting and Watching an Uncertain Economy

Inflation is elevated but steady and the job market is holding up, leading economists to predict that the Federal Reserve will keep interest rates at current levels.