WASHINGTON, March 12 (Reuters) - The U.S. must renegotiate the North American trade deal to ensure that China cannot inflict a new shock to U.S. manufacturers via Chinese-owned factories in Mexico, Democratic Senator Ruben Gallego urged the Trump administration on Thursday. Gallego, who is from Arizona, wrote in a letter to President Donald Trump and his trade representative, Jamieson Greer,...

11:39 AM EDT, 03/12/2026 (MT Newswires) -- Williams-Sonoma ( WSM ) is expected to outperform a slowing home furnishings category in fiscal Q4, though results could face a meaningfully higher tariff impact sequentially, RBC Capital Markets said in a Thursday note. The brokerage said that while Williams-Sonoma ( WSM ) has consistently made market share gains, its category appears to...

11:39 AM EDT, 03/12/2026 (MT Newswires) -- Morgan Stanley ( MS ) and Cliffwater have put a ceiling on withdrawals from their private credit funds after redemption requests exceeded the allowed amount, Bloomberg reported Thursday. Morgan Stanley's ( MS ) North Haven Private Income Fund capped redemptions at 5% of shares and returned about $169 million, less than 50% of...

11:40 AM EDT, 03/12/2026 (MT Newswires) -- Aptiv ( APTV ) could move higher after its planned April 1 spin-off of Versigent, as there is room for the remaining Aptiv ( APTV ) business to trade at a higher valuation, UBS said in a note Thursday. Even if Versigent trades at 4.5 times 2027 enterprise value to earnings before interest,...