By: Elizabeth Dilts NEW YORK – JPMorgan Chase & Co is tearing down walls and moving its San Francisco investment bankers onto “hot desks,” a space-saving layout that has long been a fixture at tech companies, while redesigning offices in Dallas and other cities. A view of the exterior of the JP Morgan Chase & […] Read more
The United States is reportedly asking China to address the value of the its currency as part of the trade deal. The move would be aimed at mediating any effort by the Chinese to devalue the yuan to counter American tariffs, people familiar with the situation told Bloomberg News. The Trump administration has insisted that […] Read more
U.S. stock index futures were mixed Wednesday morning, with market participants monitoring the latest round of trade talks between the world’s two largest economies. At around 3:00 a.m. ET, Dow Jones Industrial Average futures were 19 points lower, indicating a negative open of more than 21 points. Futures on the S&P 500 and Nasdaq Composite […] Read more
By Ismail Dilawar , Donna Abu-Nasr , and Alaa Shahine With relations tangled in the U.S. over the murder of critic Jamal Khashoggi, Mohammed bin Salman is enjoying some hospitality elsewhere. Saudi Crown Prince Mohammed Bin Salman was among friends the moment he entered Pakistani airspace to start a grand tour of Asia. A fleet […] Read more
Wages were up by 3.4% Official figures show a robust UK labour market despite gloom surrounding the manufacturing industry and the high street. By John-Paul Ford Rojas British workers enjoyed their strongest real terms pay rise for more than two years at the end of 2018, official figures show. Regular wages – excluding bonuses – […] Read more
By Ariane de Vogue Supreme Court Justice Ruth Bader Ginsburg speaks during a naturalization ceremony at the Rotunda of the National Archives December 14, 2018 in Washington, DC. Justice Ruth Bader Ginsburg returned to the Supreme Court Friday to participate in the regular closed-door conference meeting among the nine justices, the court announced. This marks […] Read more
By Seth Fiegerman Federal regulators may be inching closer to hitting Facebook with a massive fine over its data privacy practices after a year full of scandals. Facebook (FB) confirmed to CNN Business on Thursday that it’s in talks with the Federal Trade Commission, following a report that the agency is looking to levy a […] Read more
By Ivana Kottasová Mark your calendars. The world has just a few weeks to avert a dangerous slowdown in the global economy. Two deadlines next month will have a huge impact on how the global economy fares in 2019. Depending on what happens when they pass, it could shake off a recent slump or slide […] Read more
The Food and Drug Administration said Tuesday it has sent a warning letter to drug distributor McKessson for allegedly shipping “illegitimate” opioid products and failing to properly handle and investigate the incidents. Specifically, the FDA is accusing McKesson of failing to identify, quarantine and investigate drug shipments that had been tampered with. Some of the […] Read more
By Peter Valdes-Dapena Nissan makes the best-selling electric car in the world to date. Over 380,000 Nissan Leafs have been sold, and that model is now in its second generation. But the Leaf remains Nissan’s only widely available electric car. In an encouraging sign that the arrest of its former CEO Carlos Ghosn has not […] Read more
