Walmart letter warns tariffs will raise prices and tax American businesses

Walmart Inc. has sent a letter to U.S. Trade Ambassador Robert Lighthizer warning that proposed tariffs on $200 billion on Chinese goods would hurt consumers and American businesses.

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NewsWatch: Dow, S&P 500 records belie festering fear that China and the U.S. ‘are on a collision course’

Is Wall Street ignoring the potential for simmering trade conflicts with China to intensify, upending the stock market’s newfound buoyancy?

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Going once: Here’s what to expect from the Fox-Comcast auction this weekend

The final battle for Sky started at 12 p.m. Friday and will end Saturday, according to the U.K. Takeover Panel.

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Farfetch IPO: 6 things you should know about this luxury-goods marketplace

U.K. luxury-goods marketplace Farfetch Ltd.’s stock surges 35% in its trading debut on Friday.

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Tilray stock slammed as cannabis sector finishes out turbulent week

Tilray Inc.’s stock tumbled 23% in early trade Friday, setting it up for a dramatic end to a turbulent week that saw the entire cannabis sector post strong gains and losses, sometimes in the same session.

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Currencies: Dollar headed for worst week in a month; sterling hit after Theresa May’s ‘no deal’ comment

The U.S. dollar strengthens in Friday trading but still looks at its worst weekly performance in a month, while the British pound is pushed sharply lower after Prime Minister Theresa May spoke of the possibility of a “no-deal” Brexit.

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Putnam stares down hedge funds on big shopping mall bet

Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.

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Paulson launches alliance to seek better returns in gold sector

Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to…

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The Conversation: Remanufacturing is a smarter way Trump can reduce the trade deficit

It saves money too: The Marines remanufacture defective drive shafts for light armored vehicles for a fraction of the cost of buying them new.

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