Business

 China is imposing sanctions on two Lithuanian banks in what it says is retaliation for the European Union's inclusion of two Chinese financial institutions in its latest round of sanctions against Russia ​Read More  ABC News: Business ​Business 

 The U.S. has seen a record increase in tariff income, with a 273% rise in customs revenue from last year ​Read More  ABC News: Business ​Business 

 Mexican-American clothing designer Willy Chavarria has apologized for an Adidas sandal that he created after being accused by Mexican authorities of “cultural appropriation” for copying an indigenous shoe design ​Read More  ABC News: Business ​Business 

 The more than 130-year-old Eastman Kodak Co. is cautioning that there’s “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations ​Read More  ABC News: Business ​Business 

 Saving for the future can be difficult because of a cognitive bias known as hyperbolic discounting: our tendency to place greater weight on immediate satisfaction, even if focusing on the long term will have a greater payoff ​Read More  ABC News: Business ​Business 

 South Korea’s new President Lee Jae Myung will travel to Washington later this month to meet with U.S. President Donald Trump, Lee’s office said Tuesday, for talks on trade and defense cooperation in the face of nuclear-armed North Korea and other threats ​Read More  ABC News: Business ​Business 

 Ford says it will invest nearly $2 billion to retool a Kentucky plant to produce electric vehicles ​Read More  ABC News: Business ​Business 

 A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended ​Read More  ABC News: Business ​Business 

 Shares are mixed a day ahead of U.S. President Donald Trump's deadline for imposing higher tariffs on goods imported from China ​Read More  ABC News: Business ​Business