Stocks opened lower on Friday after China said it will slap new tariffs on U.S. goods.US Marketsread more
Powell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
One area that has been raising alarm bells is the market's growing expectation that inflation will go lower and lower, and stay there for a long time.Market Insiderread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
At least three members of Facebook's Libra organization are considering leaving the operation due to intense regulatory scrutiny.Technologyread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of their data.Technologyread more
Andrew McCabe filed a lawsuit alleging that his removal was part of a scheme by President Donald Trump to remove government employees "because they were not politically loyal...Politicsread more
3M said on Monday it would restructure its business into four operating units from five, as it looks to sharpen its focus on customers and boost growth.
The company's shares fell 1 percent in early trading after it announced the four units - safety & industrial, transportation & electronics, healthcare and consumer.
Earlier, the company's industrial, and safety & graphics businesses were separate.
The maker of Scotch tape and Post-It notes, which reported total sales of $32.77 billion for the last fiscal year, said it expects annual revenue from its safety & industrial unit to be $12 billion, and $7 billion from its transportation & electronics unit.
The U.S. manufacturer has been struggling with a slowdown in its Chinese business, and said in January it saw sluggish sales in its global automotive and electronics business led by weak customer demand in China.
3M, which makes everything from adhesive tapes to air filters, will start reporting its financial results under this new structure from the second quarter of 2019.
3M also said James Bauman, executive vice president of its industrial business, and Joaquin Delgado, executive vice president of its consumer business, would retire.