Grab a freshly brewed cup of tea or coffee as you digest the most informative and interesting stories this week. How the trade war affects some of your favorite Chinese imports from apparel, cosmetics to technology.
Trump imposed 25% tariff on steel imports, which has now ignited a trade war between the EU, China, and the US. This article shows an interactive chart that shows which products could be most impacted and least impacted by import tariffs.
JAB, a European company that once made pool chemicals, is building a coffee empire out of a disparate group of brands, including Krispy Kreme, Peet’s, Stumptown and Panera Bread. And it’s gunning for Nestlé.
Wells Fargo is facing new scrutiny over its relationships with U.S. colleges, according to a Journal investigation into the relationships between banks and colleges. This found 112 colleges around the U.S. received nearly $18.7 million in fiscal 2017 from banks including Wells Fargo
The Trump administration is considering tariffs on a range of Chinese imports from shoes and clothing to consumer electronics, according to Bloomberg. The U.S. major imports from China are overwhelmingly consumer goods, where the predictable effect of tariffs will be to increase costs to American citizens
NO SOONER had lawmakers in one state resolved a long-simmering battle over teacher pay than another one began anew. On March 6th the West Virginia state legislature ended a nine-day teachers’ strike, which affected some 277,000 students in 680 public schools, by agreeing to increase pay for teachers and other state employees by 5%.
JPMorgan estimates that gross share buybacks will reach a record of around $800 billion in 2018, up from $530 billion in 2017, a rise spurred in part by the big cut in corporate tax rates passed by Republicans in Congress in December.
As Americans worry about being able to afford retirement, billions in unclaimed retirement funds sit neglected in lost or forgotten accounts. A national database could make it easier to track down benefits.
Companies are disclosing how much they pay the rank and file, and how that stacks up to the CEO, resulting in some surprises—including an oil chief who made 935 times the salary of his median employee.
AUTOMATION and globalisation have brought drastic changes to Western labour markets. Middle-skilled jobs are disappearing fast. In America, wages for blue-collar workers have been largely stagnant since the 1970s, whereas those for university graduates have soared.