Reuters Before the Bell: Papa John's founder John Schnatter to leave board in settlement deal

Click to View in Browser Tuesday, March 5, 2019 Papa John's founder John Schnatter to leave board in settlement deal Papa John's International founder John Schnatter has agreed to leave the board as part of a settlement agreement with the company, signaling the end to an acrimonious battle for control over the world's third-largest pizza delivery chain. BMW could shift some UK engine output if no orderly Brexit BMW may move some engine production out of Britain if the country does not secure an orderly departure from the European Union, the German carmaker said on Tuesday, in the latest Brexit warning from the auto industry. Dueling superminis distract from auto industry troubles Two of Europe's best-selling cars, the Renault Clio and Peugeot 208, go head-to-head at the Geneva motor show on Tuesday, as the auto market they dominate faces transformative pressures on its future profits and jobs. China to slash taxes, boost lending to prop up slowing economy China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic growth at its weakest in almost 30 years due to softer domestic demand and a trade war with the United States. China says can 'absolutely' reach deal with U.S. on financial opening China can "absolutely" reach an agreement with the United States on opening up its financial sector, China's top banking regulator said on Tuesday, even as the country's commerce minister admitted talks with Washington had been difficult. China can 'absolutely' reach agreement with U.S. on financial opening, banking regulatory chief says China can "absolutely" reach an agreement with the United States on opening up its financial sector, China's top banking regulator Guo Shuqing told reporters on Tuesday on the sidelines of the annual parliament meeting. Stock futures inch higher, progress in U.S.-China trade talks in focus U.S. stock futures ticked higher on Tuesday, a day after the Dow Jones Industrial Average and the S&P 500 posted their biggest drop in nearly a month, as investors hoped for an U.S.-China trade deal as early as this month. Kohl's forecasts earnings above Wall Street estimates, shares jump Kohl's Corp projected annual earnings above Wall Street forecasts on Tuesday, as the department store chain offers attractive promotions and begins selling new apparel through partnerships with popular brands. Oil edges higher towards $66 as OPEC-led cuts in view Oil edged higher towards $66 a barrel on Tuesday as the market balanced OPEC-led efforts to tighten supply with the restart of Libya's biggest oilfield and the prospect of weaker demand. Investor Barington pushes L Brands for Victoria's Secret spinoff Barington Capital on Tuesday urged U.S. consumer products group L Brands to break itself up by separating its Victoria's Secret and Bath & Body Works businesses from the company, in an effort to improve financial performance. Related Video Wall Street drops on weak data Stocks will chug higher despite weak economic data, says Spartan Capital's Cardillo Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook