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Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

February 12, 2019 by · Leave a Comment 

“We have not been on a constructive track,â€� Volcker told Bridgewater co-chief investment officer Ray Dalio, in a podcast video released on Tuesday. “I think that’s fair to…

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Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

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The Global Iron Ore Crisis: What's Next in Four Charts

February 12, 2019 by · Leave a Comment 

Since the initial incident in Brazil in late January, the top producer has announced supply cuts of as much as 70 million tons, although it’s said it will try to offset some lost production. The mainland has a very substantial ore-mining industry, but production has been hurt in recent years

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The Global Iron Ore Crisis: What's Next in Four Charts

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Union leader who says Trump lied about Carrier deal refuses to back down

March 21, 2017 by · Leave a Comment 

Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for

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Union leader who says Trump lied about Carrier deal refuses to back down

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Trump to meet with airline CEOs on Thursday: White House

February 4, 2017 by · Leave a Comment 

U.S. President Donald Trump will meet with the chief executive officers of airlines on Thursday, the White House said, another in a series of meetings the new president has had with business leaders. The White House statement on Friday did not say who would attend the breakfast and “listening session….

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Trump to meet with airline CEOs on Thursday: White House

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U.S. job growth accelerates in January, but wages lag

February 4, 2017 by · Leave a Comment 

U.S. job growth surged more than expected in January as construction firms and retailers ramped up hiring, but wages barely rose, handing the Trump administration both a head start and a challenge as

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U.S. job growth accelerates in January, but wages lag

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U.S. business leaders express concerns to Trump about travel ban

February 4, 2017 by · Leave a Comment 

By Emily Stephenson and David Shepardson WASHINGTON (Reuters) – Chief executives of major U.S. companies huddled with President Donald Trump at the White House on Friday and some of them expressed concern about a travel ban on people from seven Muslim-majority countries traveling to

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U.S. business leaders express concerns to Trump about travel ban

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Sony cuts annual profit view on movie business writedown

February 2, 2017 by · Leave a Comment 

Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on its struggling movie business. Sony forecast group operating profit of 240 billion yen ($2.13 billion) for the year ending in March, down from a previous estimate of 270 billion yen. It also said October-December operating profit fell to 92.4 billion yen

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Sony cuts annual profit view on movie business writedown

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Oil prices steady after sharp rise in U.S. stockpiles

February 2, 2017 by · Leave a Comment 

Oil prices steadied on Thursday after a sharp rise in U.S. crude and gasoline stockpiles, although evidence that OPEC and other big exporters were cutting production helped support sentiment. Brent crude was up 5 cents at $56.85 a

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Oil prices steady after sharp rise in U.S. stockpiles

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Samsung Electronics may build U.S. plant for home appliances: source

February 2, 2017 by · Leave a Comment 

Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump. The new U.S. administration

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Samsung Electronics may build U.S. plant for home appliances: source

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

February 2, 2017 by · Leave a Comment 

By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan's trade surplus. Japan is putting together a package of plans for Japanese companies to invest in infrastructure and job…

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

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