Trump sets tariff plan, edges away from trade war

Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of imports from China, although his action was far removed from threats that could have ignited a global trade war.

Investors, lawmakers, advertisers pressure Facebook over data

WASHINGTON/LONDON (Reuters) - Facebook Inc came under further pressure from lawmakers, investors, advertisers and users on Thursday, the day after Chief Executive Mark Zuckerberg admitted the social media network made mistakes in letting 50 million users' data get into the hands of political consultancy Cambridge Analytica.

Senate subcommittee seeks information on Facebook data

WASHINGTON (Reuters) - A U.S. Senate subcommittee on Thursday sought information from a Cambridge University researcher about how the personal data of 50 million Facebook users landed in the hands of a political consulting firm that worked for U.S. President Donald Trump's campaign.

Chipotle wins dismissal of investor lawsuit over foodborne illness

NEW YORK (Reuters) - Chipotle Mexican Grill Inc on Thursday won the dismissal of an investor lawsuit claiming it concealed food safety risks, causing its stock to drop after widely publicized outbreaks of foodborne illnesses in 2014 and 2015.

Stocks drop after Trump tariff action, but off lows

(Reuters) - U.S. stocks dropped on Thursday but managed to recover from earlier lows in the wake of an action by President Donald Trump to impose tariffs on up to $60 billion of Chinese imports.

Instant View: U.S. stocks tumble on trade worries

NEW YORK (Reuters) - Major U.S. stock indexes fell as much as 2 percent on Thursday, where they looked on track for the steepest drop since a Wall Street rout six weeks ago, in anticipation of an announcement by U.S. President Donald Trump that had traders concerned about prospects for a global trade war.

Designed in California, made in China: how the iPhone skews U.S. trade deficit

(This version of the March 21 story has been refiled to add dropped words "technology and" in paragraph 10)

Goldman Sachs CEO says sovereign balance sheets look risky

BOSTON (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday sovereign country balance sheets look risky to him as deficits become a larger percentage of their gross domestic product.

Ackman exits Nike stake with $100 million in profit: source

(Reuters) - William Ackman's Pershing Square Capital Management LP cashed out its 0.71 percent stake in Nike Inc , making a profit of about $100 million, according to a source familiar with the matter.

Goldman Sachs CEO calls reports of pending retirement 'wishful'

BOSTON (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday that reports he would retire this year are "more of a wishful thought" than anything else.

Argentina says current account deficit widened in fourth quarter

BUENOS AIRES, March 22 (Reuters) - Argentina's current account deficit widened to $8.738 billion in the fourth quarter of 2017, government statistics agency Indec said on Thursday, up from $8.261 billion in the third quarter and $4.158 billion in the fourth quarter of 2016.

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