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Ex-President George W. Bush dips toe into U.S. trade debate

September 21, 2016 by · Leave a Comment 

By David Lawder DALLAS (Reuters) – Former U.S. President George W. Bush on Tuesday entered the debate over the Trans-Pacific Partnership, hosting a forum at his presidential library extolling his successor's Asian free trade deal. Bush, who signed several such accords during his two terms in office, met with U.S. Trade Representative Michael Froman before the event to promote the strategic benefits of the agreement. President Barack Obama is still pushing for Congress to approve the 12-country TPP following the Nov. 8 presidential election, even though both …

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Ex-President George W. Bush dips toe into U.S. trade debate

Full Hanjin ship can not dock because there’s no plan to leave

September 21, 2016 by · Leave a Comment 

The predicament of the Hanjin Miami, one of 10 U.S.-bound ships stranded by the Hanjin bankruptcy, illustrates one way that disputes over ships, ocean containers and even truck trailers

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Full Hanjin ship can not dock because there’s no plan to leave

Microsoft raises dividend, plans $40 billion share buyback

September 21, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp on Tuesday raised its quarterly dividend by 8 percent and said it would buy back up to $40 billion as part of a new share repurchase program. The new buyback program has no expiration date and may

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Microsoft raises dividend, plans $40 billion share buyback

Senate Republicans seek probe of Mylan EpiPen oversight

September 21, 2016 by · Leave a Comment 

By Brendan Pierson NEW YORK (Reuters) – Mylan NV faced new scrutiny over price hikes for its anti-allergy EpiPen on Tuesday, with U.S. lawmakers calling for a probe of oversight of the company’s rebates to government healthcare plans…

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Senate Republicans seek probe of Mylan EpiPen oversight

Senators push Wells Fargo CEO on pay clawbacks after bogus accounts

September 21, 2016 by · Leave a Comment 

U.S. Senate lawmakers excoriated Wells Fargo & Co's chief on Tuesday for his oversight of the bank as it opened 2 million bogus customer accounts, potentially laying the groundwork for new rules and reviving questions of whether banks are “too big to fail.” Chief Executive Officer John Stumpf told the Senate Banking Committee on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for…

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Senators push Wells Fargo CEO on pay clawbacks after bogus accounts

UPS, Fast Radius to open 3D printing factory in Singapore

September 19, 2016 by · Leave a Comment 

Package delivery company United Parcel Service Inc said on Monday it will expand its 3D printing services to Asia with a new facility in Singapore run by its partner Fast Radius that will open by the end of 2016. The company owns an undisclosed stake in Fast Radius, which has a 3D printing factory at the Atlanta-based package delivery company's hub in Louisville. In the United States, UPS customers can have parts printed at the Fast Radius factory or at one …

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UPS, Fast Radius to open 3D printing factory in Singapore

GM and Canada union far apart on product as strike looms

September 19, 2016 by · Leave a Comment 

Canada's autoworkers' union Unifor and General Motors Co made little progress resolving the key issue of new investment in contract talks late on Sunday, the union's president said, just over 24 hours ahead of a strike deadline. The automaker and the union representing its Canadian manufacturing …

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GM and Canada union far apart on product as strike looms

Oil climbs as Venezuela sees output deal, Libya suffers clashes

September 19, 2016 by · Leave a Comment 

Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an output deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President Nicolas Maduro has said that a deal could be announced this month to stabilize oil markets, which have come under pressure due to a persistent glut and a …

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Oil climbs as Venezuela sees output deal, Libya suffers clashes

All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

September 19, 2016 by · Leave a Comment 

All Hanjin Shipping Co Ltd chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday. Some vessels have also been seized and some sold. The company had a total of 141 vessels, including 97 container ships as of early September.

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All Hanjin Shipping chartered vessels to be returned to owners after unloading: judge

Exclusive: Google may face Indonesia tax bill of over $400 million for 2015 – government official

September 19, 2016 by · Leave a Comment 

By Gayatri Suroyo and Eveline Danubrata JAKARTA (Reuters) – Indonesia plans to pursue Alphabet Inc's Google for five years of back taxes, and the search giant could face a bill of more …

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Exclusive: Google may face Indonesia tax bill of over $400 million for 2015 – government official

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