US, China Set Trade Framework Before Leaders Meeting

 

Chinese and U.S. negotiators said they reached a framework for a trade deal, advancing talks in Kuala Lumpur ahead of an expected meeting between President Trump and Xi Jinping this week. Chinese officials described the discussions as candid and in-depth, covering tariffs, export controls, rare earths, fentanyl-related measures, and steep...

US, Malaysia Seal Trade Agreement, Critical Minerals Pact

 

President Donald Trump and Malaysia’s Prime Minister Anwar Ibrahim signed a trade agreement and a critical minerals pact in Kuala Lumpur on Sunday, moves aimed at boosting trade across Southeast Asia and responding to China’s tightening of access to rare earths. US Trade Representative Jamieson Greer said Malaysia will modify...

Hormel recalls 4.9M pounds of chicken over metal

 

Hormel is recalling nearly 5 million pounds of food-service ready-to-eat frozen chicken after multiple complaints of metal fragments in chicken breast and thigh products, federal officials said. The USDA’s Food Safety and Inspection Service reported no injuries and said Hormel determined the metal came from a conveyor belt during production....

Exxon sues California over climate disclosure laws

 

Exxon Mobil sued California late Friday, arguing two 2023 climate laws violate its free-speech rights by compelling emissions and risk disclosures. The rules would require companies to report product-use emissions starting in 2026 under the Greenhouse Gas Protocol and publish climate-related business risks. Exxon calls the measures overreach that misattribute...

Metal contamination prompts LSI jerky recall

 

LSI, Inc. of Alpena is recalling more than 2.2 million pounds of Golden Island fire-grilled pork jerky (Korean barbecue recipe) after customers reported wiry metal fragments, federal officials said. The voluntary recall covers 410-gram and 450-gram plastic pouches sold at Costco and Sam’s Club, marked with establishment number M279A and...

Traders Warn as Gold Hits Record Highs

 

Images of long queues outside gold stores flooded social media over the past month, and professional metals traders grew increasingly uneasy. On Oct. 6, Nicky Shiels, head of research at MKS Pamp SA, told clients gold is “an overcrowded trade that’s overextended by every technical metric.” On Monday, as prices...

JPMorgan Seeks to Halt Frank Sellers’ Legal Fees

 

JPMorgan Chase asked a court to end what it calls “abusive billing” by Charlie Javice and Olivier Amar, saying it has covered nearly $115 million in their legal costs under its agreement from buying their startup, Frank. In a late-Friday filing, the bank said Javice’s lawyers billed about $60.1 million...

U.S. Probes China Deal as Meeting Nears

 

The Trump administration opened a probe Friday into China’s adherence to a 2020 trade deal, raising the prospect of more tariffs as Donald Trump prepares to meet Xi Jinping next week in South Korea. While U.S. and Chinese officials also confer in Malaysia, recent tit-for-tat moves persist: China tightened mineral...

Trump Seeks Pause on Tariffs, Xi Concessions

 

US President Donald Trump is seeking a quick win from a pivotal Thursday meeting with Xi Jinping, even if it falls short of the sweeping deal he has teased. Ahead of the sit-down, he said he wants to extend a pause on higher tariffs on Chinese goods in exchange for...

Taco Bell Expands Live Más Café Beverage Push

 

Taco Bell is doubling down on drinks with its in-restaurant Live Más Café counters, now open in Chula Vista and near UC Irvine and projected to reach 30 locations across Southern California, Dallas and Houston by year-end. The “bellrista”-run stations spotlight churro chillers, specialty coffees, and brightly colored refrescas. The...