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Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan.

New 25% U.S. tariffs on Italian cheese, French wine, Scotch whisky, British biscuits, Spanish olives and thousands of other European food products will lead to higher prices ahead of the holiday season and cost American jobs, trade groups said on Thursday.

Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000 jobs as part of its fiscal 2020 restructuring plan.

General Motors Co's U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee has risen, a Reuters analysis shows.

Costco Wholesale Corp reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers in the competitive grocery space.

The number of Americans filing applications for unemployment benefits rose marginally last week, suggesting the labor market remains strong even as employers are becoming more cautious about hiring workers.

The U.S. decision to impose tariffs on French wines will penalize American consumers, the French wine exporters' federation said on Thursday.

U.S. stocks were little changed at open on Thursday after losing 3% in the past two sessions following data that pointed to the risk of a slide into recession, with investor attention on services data due later in the day.

Oil slipped toward $57 a barrel on Thursday, pressured by concerns about weakening global economic growth and oil demand, as well as by signs of excess supply despite OPEC-led cuts.

The World Trade Organization opened the door on Wednesday for the United States to impose tariffs on $7.5 billion European goods over subsidies for Airbus .

The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups - in what not to do.

As the energy sector struggles to stay positive for the year, solar stocks are a bright spot as demand for renewable energy increases.

The Scottish government said on Thursday that the imposition of U.S. tariffs on various goods including Scottish whisky indicated that the United Kingdom could not offset the damage from Brexit by striking a trade deal with U.S. President Donald Trump.

Toyota's first Latino executives had to learn the tricks of the trade on the job. Now they're empowering others in their community to be ready to succeed.

Wall Street's main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession.