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What's Going On With Odyssey Marine Exploration Stock?
Wednesday, September 18, 2024 - 11:02am | 444Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) shares are volatile Wednesday. The stock fell Tuesday after the company announced an award in its arbitration with the United Mexican States under Chapter Eleven of the North American Free Trade Agreement (NAFTA). What To Know: Odyssey Marine...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 9:26am | 1689Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Fintech Focus For July 2, 2020
Thursday, July 2, 2020 - 10:46am | 1861Daily Perspective: If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success. - James Cameron Fintech Movers: In a statement, Federation of European Securities Exchanges (FESE) described the attempt to shorten the European trading day as a...
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Under USMCA, Canada Rolls With 'New NAFTA'
Wednesday, July 1, 2020 - 2:56pm | 682Before the United States-Mexico-Canada Agreement took effect at midnight Wednesday, Energy Transportation Group in Quebec had spent months working to ensure that its trucks will continue to move freight between Canada and the U.S. without a hitch. "I don't foresee any changes. If the trucks keep...
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US-Mexico Truck Crossings Decline 22% At Port Laredo In April
Friday, June 5, 2020 - 3:06pm | 331The World Trade and Colombia Solidarity bridges in Laredo, Texas, saw 41,100 fewer commercial truck crossings in April compared with April 2019, according to the city of Laredo. Laredo's bridge revenue for April was $3.6 million, down 36.3% from $5.6 million in April 2019. Commercial truck...
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Today's Pickup: Canada Still Hasn't Ratified USMCA — But Don't Worry
Wednesday, February 26, 2020 - 3:31pm | 637Good day, Canada hasn't ratified the United States-Mexico-Canada Agreement (USMCA) yet as lawmakers continue to review NAFTA's successor. The deal still appears on track for approval despite a torrent of hearings and saber-rattling over some unpopular provisions, including allowances for a little...
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Trump Touts Trade Agreement Successes In State Of The Union
Wednesday, February 5, 2020 - 12:40pm | 574President Donald Trump during his State of the Union address Tuesday evening touted his recent conclusion of a new trilateral trade agreement with Mexico and Canada and securing of better terms for American businesses in a trade deal with China. "I keep my promises. We did our job," Trump told the...
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Trump Signs USMCA, 'Ending The NAFTA Nightmare'
Wednesday, January 29, 2020 - 4:26pm | 499Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA). The United States-Mexico-Canada Agreement (USMCA) "overhauls" the rules for trading agriculture, manufacturing and services with Mexico and...
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USMCA Trade Deal: Praises, 'Evils,' Plans
Friday, December 20, 2019 - 7:05am | 499Richard Trumka, Head of The American Federation of Labor and Congress of Industrial Organization (AFL-CIO), has endorsed the revised U.S.-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement. What Happened After The House of Representatives approved the...
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Trump Administration, Democrats Announce Deal On USMCA Trade Agreement To Replace NAFTA
Tuesday, December 10, 2019 - 12:24pm | 526The Trump administration and House Democrats on Tuesday announced a deal on the United States-Mexico-Canada Agreement, the replacement for the North American Free Trade Agreement. What Happened? Replacing NAFTA was one of President Donald Trump’s major 2016 campaign promises. House Speaker...
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NAFTA Panel Issues Split Ruling On ITC Softwood Lumber Decision
Monday, September 9, 2019 - 12:48pm | 415A NAFTA binational antidumping and countervailing duty dispute panel on Sept. 4 issued a decision upholding the U.S. International Trade Commission's (ITC's) finding that imports of softwood lumber from Canada are causing adverse impact to U.S. industry, according to a Sept. 5 note from the NAFTA...
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Reports: US Set To Drop Steel And Aluminum Tariffs On Mexico, Canada
Friday, May 17, 2019 - 11:49am | 578The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...
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Canada Reportedly To Target U.S. Agricultural Products In Retaliatory Tariffs
Thursday, April 11, 2019 - 10:44am | 432The Canadian government is reportedly considering additional tariffs on U.S. products to step up pressure on the Trump administration over levies on steel and aluminum. Canada's Ambassador to the U.S. David MacNaughton suggested that pork, wine, apples and ethanol could be...
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McKinsey Forecasts Global Truck OEM Profits By Region To 2030
Monday, January 28, 2019 - 12:30pm | 1080In 2030, mature markets like North America and Europe will still be the most profitable regions globally for truckmakers, but nearly half of the growth in original equipment manufacturers' (OEMs) profits will come from aftersales services. In the next decade, volume growth will be decoupled...
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Big Business Wants Major Infrastructure Package In 2019
Thursday, January 10, 2019 - 7:33pm | 917The country's most influential lobbyist on Capitol Hill has called on lawmakers to pass a "significant" infrastructure package this year – and is offering cash for ideas on how to pay for it. In his 20th annual "State of American Business" address in Washington, D.C....