This should be read in the context of Larry Fink, the CEO of Blackstone, the largest asset manager in the world, saying the warning signs of the U.S. economy are getting darker. In what is likely to be a bid… Read More ›
Month: October 2017
Lobbying For Immigrant ‘Dreamers’ To Remain In U.S. To Be Done By Tech Companies
With the demand for legislation that would allow young, illegal immigrants a path to permanent residency, nearly two dozen major companies in technology and other industries are planning to launch a coalition, according to reports by the media. The documents… Read More ›
Could There Be A Repeat Of The 1987 Stock Market Crash?
Despite healthy corporate earnings and economic growth, investors are concerned that steep valuations may mean a correction is overdue, on the 30th anniversary of the 1987 stock market crash, when U.S. stocks are at a record high. However, is a… Read More ›
U.S. President Donald Trump clears significant hurdle for U.S. tax code overhaul
The tax-cut strategy calls for a reduction of corporate taxes from its existing 35% down to 20%. In a significant development, U.S President Donald Trump’s push to overhaul the U.S. tax code cleared a significantly hurdle with the Senate approving… Read More ›
The Biggest Talking Point At The EU Summit Will Not Be Brexit
A meeting of the leaders of the European Union this week will focus on other simmering crises amid stalled Brexit negotiations instead of Britain’s march out of the block which was once heralded as a crucial moment in Britain’s history and… Read More ›
Potentially Heading Back To Stocks Is China’s Giant Ball Of Money
China’s campaign to curb financial risks over the past year have targeted property, overseas investments and shadow-banking products. But what is the next thing. What’s often called China’s giant ball of money back into stocks, which, despite steady gains, have… Read More ›
ECB Chief Mario Draghi Says Cryptocurrencies Like Bitcoin Are Not ‘Mature’ Enough To Regulate
According to Mario Draghi, the ECB president is of the opinion that cryptocurrencies are not “mature” enough to be considered by the European Central Bank (ECB) for regulation. Draghi said this while addressing question about the potential of cryptocurrencies like… Read More ›
American Express Co’s chairman and CEO to step down On January 31, 2018
Widely expected to retire, Kenneth Chenault, 66, has been a veteran in the company and thanks to his leadership, Amex has reported a 19% rise in its quarterly earnings this year. In a significant development, American Express Co has stated… Read More ›
Kobe Steel’s aluminum plates meet safety and durability standards: Toyota Motor Corp
Toyota is now checking whether Kobe Steel’s non-aluminum products meet the necessary standards as well. On Thursday, in what is likely to be a reprieve for embattled Japanese steelmaker Kobe Steel Ltd, Toyota Motor Corp has confirmed that the aluminum… Read More ›
Japan’s Securities and Exchange Surveillance Commission probing Toshiba latest earnings report
Toshiba’s auditor PriceWaterhouseCoopers Aarata LLC has qualified its latest earnings report. On Thursday, a source with direct knowledge of the matter has divulged that Japan’s securities watchdog is investigating Toshiba Corp’s latest earnings statements to see whether it has properly… Read More ›
manageria.biz 