Bloomberg Tesla Inc. asked some suppliers to return a portion of its payments to them in an attempt by the electric-car maker to turn a profit, the Wall Street Journal reported, citing a memo sent to a supplier last week. The company, whose eroding cash position has alarmed investors, requested a “meaningful” amount of payments made since 2016 to be ...

Bloomberg American manufacturers remain competitive and lower goods exports aren’t solely to blame for a widening US trade deficit and fewer manufacturing jobs, according to analysis by Goldman Sachs Group Inc. It sees three key factors explaining the burgeoning trade gap and fall in production jobs: Unit labor costs in manufacturing have grown slowly, reflecting a surge in productivity growth ...

A few months ago, I cautioned that Americans should be patient before deciding what effect President Donald Trump’s tax cuts have had on the economy. It takes a while for companies to make investment decisions, more time for those decisions to be implemented and even more time for the resulting changes in labor demand to bid up workers’ wages. It ...