President Donald Trump’s economic and diplomatic relations with China will be put under a spotlight when he decides in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker. Gambling that the former real estate dealmaker will… Read More ›
A thorough analysis will determine the type of device used as well as its blast radius. According to U.S. intelligence official there is no reason to doubt that North Korea had tested an advanced nuclear device. “We have nothing… Read More ›
Letters have been sent to U.S. Commerce Secretary and U.S. Trade Representative highlighting the dangerous implications for U.S. businesses and consumers in renegotiating NAFTA provisions. On Thursday, agricultural groups, American retailers, and restaurant have weighed in against the Trump Administration’s… Read More ›
With reduced access to the EU’s single bloc economy, British Prime Minister Theresa May wants to assure her peers and British businesses that she can live up to their aspirations, deliver Brexit, and still manage the economy. As per a… Read More ›
Jackson’s appointment will bring the 5 member SEC panel to its full strength which will then push for reducing regulatory commitments for public companies – an agenda that the Trump Administration wants fulfilled. According to person with the knowledge of… Read More ›
In a sign Wells Fargo & Co is still struggling to move past a scandal that sparked record fines and congressional investigations, the bank raised its estimate for how many bogus accounts employees may have created. According to a statement on… Read More ›
Okerstrom has hinted at a possible future tie up between Expedia and Uber Technologies. On Wednesday, Expedia Inc named Mark Okerstrom as its new chief executive and president. He replaces Dara Khosrowshahi who has been hired by Uber Technologies Inc… Read More ›
Despite the troublesome inheritance, Khosrowshahi is firm on expanding Uber’s market share and taking Dara Khosrowshahi, Uber Technologies’ new Chief Executive informed employees that the company’s work culture will undergo change and that it is likely to go public in… Read More ›
This comes in the wake of the bank reporting a spectacular drop of 40% in its bond-trading revenues, which naturally has unnerved investors. In the wake of increased pressure from big investors who have grown frustrated by Goldman Sachs’ vague… Read More ›
Circumventing tighter restrictions imposed this month by the United States on the foreign finance they can use, Russian oil companies will quickly find ways to work around those restrictions, says the media quoting multiple Russian oil industry sources. The new… Read More ›
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