 |  | | Wall Street slides as investors fret about retail | | | (Reuters) - U.S. stocks fell on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in shares of department stores and stirred fears that consumers are not spending enough to drive strong economic growth. | | |  | | | In Trump's shadow, Fed official says trade barriers a 'dead end' | | | MUMBAI/NEW YORK (Reuters) - Trade protectionism is a "dead end" that may score political points but will ultimately hurt the U.S. economy, one of the most influential Federal Reserve officials said on Thursday in the central bank's strongest defense yet of open borders in the face of a skeptical Trump administration. | | |  | | | Macy's and Kohl's weak sales weigh on department store shares | | | (Reuters) - Macy's and Kohl's reported bigger-than-expected declines in sales in the latest quarter, underscoring department store operators' continued struggle to attract customers amid a slump in demand for apparel and the shift to shopping online. | | |  | | | Boeing must clear 737 MAX engines with U.S. regulator to fly again | | | SEATTLE (Reuters) - Boeing Co must get the go-ahead from the U.S. aviation regulator in order to put its 737 MAX jetliner back into the air after the planemaker announced on Wednesday it had grounded the new aircraft due to an engine problem, just as it was set to start deliveries. | | |  | | | Whole Foods board overhaul fails to satisfy activist Jana: source | | | NEW YORK (Reuters) - The board overhaul announced by Whole Foods Markets Inc on Wednesday has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. | | |  | | | U.S. candymakers band together to reduce calories | | | NEW YORK (Reuters) - Five major chocolate and candy companies announced a joint commitment on Thursday to reduce calories in many sweets sold on the U.S. market, a rare example of cooperation in a competitive industry and testament to a rising consumer distaste for sugar. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | |  |  | | | News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today | | | | | » » MORE NEWSLETTERS | | |
