LOS ANGELES/WASHINGTON (Reuters) - President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, seaports, exporters and jobs, industry executives said at U.S. Trade Representative hearings on Monday. At issue are proposed, stacking fees on China-built vessels that could top $3...

OTTAWA, March 25 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday said if his ruling Liberals won a general election on April 28, Ottawa would look at how the planned purchase of 88 Lockheed Martin F-35 fighters could be adjusted. Carney last week ordered a review of the C$19-billion contract, in part because he said Canada relied too much...

(Reuters) - Cognizant Technology said on Tuesday its board has approved a $2 billion increase to the IT consulting company's current share repurchase plan, as it sharpens focus on bolstering shareholder returns. With this, the total amount authorized under the program is $3.1 billion. The company said it expects to buy back shares worth $1.1 billion this year, an increase...

March 25 (Reuters) - Cassava Sciences ( SAVA ) said on Tuesday its Alzheimer's drug simufilam, which has been at the center of regulatory scrutiny, failed in a second late-stage study, sending shares of the company down 20% in early trading. The drug came under close watch after a medical professor linked to its development was charged with fraud last...