Finance

by | July 25, 2018 | 18:44

As a trained lawyer and accountant, he joined Fiat in 2004 and was credited with the Italian carmaker's impressive growth over the following years. Five years later, Marchionne became the CEO of the combined Fiat Chrysler company, as USA carmakers were struggling to escape the fallout of a crisis in the credit and housing industries and a growing recession.

by | July 25, 2018 | 14:32

Last week, Ms Malmstrom, who will accompany the EC President to today's meeting, said that the European Union was preparing a list of United States products to hit if it continued its threats to impose further tariffs. Farmers are already stretched thin, and the current unrest in the commodities markets is hurting, not helping, said Rep. Ron Estes, who represents the Fourth Congressional District.

by | July 25, 2018 | 13:46

The Mega Millions jackpot swelled to $512 million for Tuesday night's drawing, making it the fifth-largest prize in the game's 16-year history. Tickets cost $2 with an optional "Megaplier" that costs $1 more and multiplies every prize except the jackpot.

by | July 24, 2018 | 21:10

President Donald Trump , Secretary of State Mike Pompeo said on Tuesday. However, as The Associated Press notes, "Other analysts say such steps wouldn't diminish North Korea's military capabilities or represent a genuine step toward denuclearization".

by | July 24, 2018 | 20:24

Trump has threatened to place tariffs on up to $500 billion in products imported from China, a move that would dramatically ratchet up the stakes in the trade dispute involving the globe's biggest economies. Products from every one of the 50 states - from candy to crab pots to horseshoes and space suits - will be on display at the White House for Monday's "Made in America Product Showcase".

by | July 24, 2018 | 18:56

The electric vehicle company declined to comment on the specific memo but confirmed that it is seeking price reductions from suppliers for projects, some of which date back that far. In the memo, which was obtained by The Wall Street Journal , Tesla called the move a routine practice of working with suppliers. Efraim Levy, a senior equity analyst for CFRA, said he found Tesla's request unusual.

by | July 24, 2018 | 18:46

Some observers speculated the ruling might make it impossible for Google to continue to make Android available for free, which lowers the price of smartphones and enables Google to make more money from ads. Adjusted earnings per share were $10.58, excluding the fine and the effects of other investments. Alphabet shares are nearing record highs ahead of the company's second-quarter earnings.

by | July 23, 2018 | 19:44

Lottery players in Kansas have an opportunity to win over a half billion dollars in jackpot prizes this weekend. The largest lottery victor won in MI was Donald Lawson, a Lapeer man who won a $337 million Powerball jackpot. Tickets must be purchased by 10:00 p.m. ET, to be eligible for Friday's drawing. The "mega ball" number was one. Both jackpots start at $40 million and roll until the jackpot is won.

by | July 23, 2018 | 12:35

The dollar had reached that high after Federal Reserve Chairman Jerome Powell expressed confidence in the US economy and affirmed expectations that the central bank was on track to keep hiking interest rates gradually. "That isn't how trade negotiations work", Yerxa said. China has pledged to retaliate against United States tariffs in "equal scale and equal strength".

by | July 22, 2018 | 22:57

He said the central bank expects the economy to remain strong, but trade could complicate the Fed's forecasts . If those measures roll out in coming months, it may make the Fed's expected September rate increase "the end of the easy hiking decisions", said Cornerstone Macro analyst Roberto Perli.

by | July 22, 2018 | 16:45

Seoul puts much weight on these projects, but at the same time, it's firm to make sure things remain within the framework of worldwide sanctions. In a tweet on Wednesday Trump said he elicited a promise from Russian President Vladimir Putin to help negotiate with North Korea but did not say how.

by | July 22, 2018 | 15:25

But, with unemployment at historic lows and inflation on the rise, Powell has said the U.S. economy is strong enough to weather the interest rate increases. "I really like President Xi (Jinping) a lot". Trump added, referring to the Fed's rate increases: "The United States should not be penalized because we are doing so well".

by | July 22, 2018 | 03:40

Union Finance Minister Piyush Goyal held a press conference after the GST Council meeting on Saturday. Some of the other items to be moved from the 28% tax slab to the 18% slab are lithium ion batteries, vacuum cleaners, food grinders, mixers, storage water heaters, hair dryers, hand dryers, paints, varnishes, water coolers, milk coolers, ice cream coolers, perfumes, and toilet sprays.

by | July 21, 2018 | 20:43

On July 10, the Trump administration proposed a new wave of tariffs on $200 billion worth of Chinese goods. Kudlow walked a fine line between a dislike of tariffs generally and defending Trump's recent levies on Chinese exports and other trade penalties.

by | July 21, 2018 | 11:13

During the 2016 campaign, Trump said she should be "ashamed of herself" for creating a "false stock market " with low rates. U.S. President Donald Trump on Thursday told CNBC in an interview that he was " not thrilled " about the U.S.

by | July 20, 2018 | 23:26

Trump wrote. An afternoon recap of the day's most important business news, delivered weekdays. -China trade war and a host of other conflicts that Trump has ignited between the United States and key trading partners, including Canada and the European Union.

by | July 20, 2018 | 22:11

Sales at Azure , Microsoft's cloud business, grew by 89 per cent in the three months to June compared with the same period in 2017. With a revenue of $30.1 billion (up 17%), you wouldn't blame Microsoft's chief executive officer Satya Nadella for declaring it "an incredible year".

by | July 20, 2018 | 20:12

Trump claimed Friday on Twitter that Fed rate hikes would put the U.S.at a competitive disadvantage to China and the European Union , which he accused of manipulating their currencies and abusing trade laws. The stock market, which usually favors cheap money and reacts negatively to rate hikes, fell, as did Treasury yields and the dollar in response to the president's comments, according to CNBC .

by | July 20, 2018 | 14:41

It's unclear whether this USA outperformance will persist, but investors can protect themselves during uncertainty by diversifying among multiple countries and asset class types. She said, "The Chinese government entered the WTO because the integration of the letter into economic globalization was in line with the historical trend, and promoting free and open trade could achieve mutual benefit and win-win results".

by | July 20, 2018 | 13:10

The bitter irony, then, is that it turns out that by failing to address OPEC's new power to reshape oil geopolitics we have, in fact, been sacrificing the future, too. But today, Adeeb Al-Aama, Saudi Arabia's OPEC governor, said that the Kingdom's July crude oil exports would be similar to June's, and that August's exports would be 100,000 bpd below that.

by | July 19, 2018 | 21:57

President Donald Trump lashed out Thursday after Brussels hit USA tech giant Google with a record fine , and warned he would no longer allow Europe to take "advantage" of the United States. 'In this way, Google has used Android as a vehicle to cement the dominance of its search engine. "These practices have denied rivals the chance to innovate and compete on the merits", Vestager said.

by | July 19, 2018 | 20:00

Miserable, permanent limboIt is not too late to save Brexit . "Problem is, I don't think she's in charge any more". The initial referendum euphoria of Britain realizing its own Independence Day was soon obscured by “a fog of self-doubt .” Instead of riding high on the flooding tide of fortune, Mr.

by | July 19, 2018 | 16:41

The consumer prices index, which is the headline measure of inflation, showed that prices rose by 2.4 per cent in the year to June, unchanged from May and below forecasts of 2.6 per cent, the Office for National Statistics said. Even so, former BOE policy maker Andrew Sentance, who is now a senior economic adviser at PwC, said it "still remains sensible" to raise rates next month.

by | July 18, 2018 | 19:43

His letter to the board was reported on by The Wall Street Journal . Schnatter, who founded Papa John's in 1984, stepped down as chairman last week after it was revealed that he used the n-word during a media training call with the marketing agency, Laundry Service .

by | July 18, 2018 | 19:28

Though all traces of the Papa John's name will be removed from its buildings, university spokesman John Karman told the Louisville Courier-Journal that there were no plans to stop selling the chain's pizza on campus, including inside the stadium.