BUSINESS | Same Day Newspaper - Part 54
Trump To Take Aim At Dodd-Frank, Investor Protections Rule In Executive Action – NPR
By admin on February 3, 2017 BUSINESS
In a meeting with business owners on Monday, President Trump called the Dodd-Frank financial legislation a “disaster.” Pablo Martinez Monsivais/AP hide caption toggle caption Pablo Martinez Monsivais/AP In a meeting with business owners on Monday, President Trump called the Dodd-Frank financial legislation a “disaster.” Pablo Martinez Monsivais/AP President Trump is expected to sign two directives […]
US Adds 227000 Jobs in January; Wage Growth Is Muted – Wall Street Journal
WASHINGTON—Despite brisk hiring, the U.S. unemployment rate rose in January and workers’ wages grew modestly. The steady but unspectacular labor market is likely to keep the Federal Reserve cautious about raising short-term interest rates in the months ahead and could prevent it from colliding with Donald Trump’s administration as it seeks… US Adds 227000 Jobs […]
Ralph Lauren CEO Leaving After Creative Clash With Founder – Bloomberg
By admin on February 2, 2017 BUSINESS
Ralph Lauren Corp. abruptly announced that Chief Executive Officer Stefan Larsson will be leaving after a creative clash with the fashion brand’s founder, sending shares of the struggling company into a tailspin. Larsson, who previously ran Gap Inc.’s Old Navy, will be departing Ralph Lauren on May 1 after less than two years on the […]
Carney Braces for Brexit Twists as BOE Inflation Unease Grows – Bloomberg
Mark Carney warned that surprises could still be ahead as the U.K. starts the formal process of leaving the European Union, and the Bank of England is ready to respond accordingly. “The Brexit journey is really just beginning; while the direction of travel is clear, there will be twists and turns along the way,” the BOE […]
Republicans ram through committee approval of Trump Cabinet nominees – Washington Post
By admin on February 1, 2017 BUSINESS
Senate Republicans took steps Wednesday to thwart Democrats plans to obstruct the confirmation of President Trump’s Cabinet nominees for a second day amid frustrations over the president’s pick Tuesday night of a stalwart conservative to serve on the Supreme Cour Senate Finance Commitee Chairman Orrin Hatch (R-Utah) suspended the rules to advance Steven Mnuchin as […]
U.S. Auto Sales Cool in January – Fox Business
General Motors Co. and Ford Motor Co. posted declines in January auto sales amid what is expected to be a broader cooling in demand following brisk sales in the prior month that is creating a glut on dealer lots. Continue Reading Below GM, the No. 1 U.S. auto maker, sold 195,909 vehicles in the […]
Merkel Pushes Back at Trump Team’s Accusations on German Trade – Bloomberg
By admin on January 31, 2017 BUSINESS
German Chancellor Angela Merkel rejected an accusation from U.S. President Donald Trump’s top trade adviser that Germany is bolstering its exports with a “grossly undervalued” euro in a growing trans-Atlantic spat. Peter Navarro, the head of the new White House National Trade Council, told the Financial Times that Germany’s advantageous trade position within the EU […]
Trump Calls Drug Pricing ‘Astronomical’ and Promises Changes – Bloomberg
President Donald Trump told drugmakers at a White House meeting Tuesday they were charging too much and promised to get better bargains for government health programs, in addition to finding ways to get new medicines to market faster. “The pricing has been astronomical,” Trump said to chief executives of some of the world’s biggest drugmakers, […]
Trump says ‘all is going well’ on immigration order amid questions and confusion – Washington Post
By admin on January 30, 2017 BUSINESS
President Trump continued Monday to adamantly defend his immigration order temporarily banning entry into the United States for migrants from seven Muslim-majority countries and refugees from around the world. In a series of tweets, Trump sought to minimize its impact on travelers following confusion, angst and two days of protests that have erupted across the […]
The maker of Tempur-Pedic mattresses is crashing by more than 25% – Business Insider
A dog walks on a discarded mattress in Cray’s Hill, England.Oli Scarff/Getty Images Tempur Sealy, the maker of Tempur-Pedic mattresses and other bedding products, is tanking on Monday after failing to reach a deal with a key retailer. Temper Sealy said it had terminated its business with Mattress Firm over a contract dispute. Tempur Sealy […]
BUSINESS | Same Day Newspaper - Part 54
Trump To Take Aim At Dodd-Frank, Investor Protections Rule In Executive Action – NPR
By admin on February 3, 2017 BUSINESS
In a meeting with business owners on Monday, President Trump called the Dodd-Frank financial legislation a “disaster.” Pablo Martinez Monsivais/AP hide caption toggle caption Pablo Martinez Monsivais/AP In a meeting with business owners on Monday, President Trump called the Dodd-Frank financial legislation a “disaster.” Pablo Martinez Monsivais/AP President Trump is expected to sign two directives […]
US Adds 227000 Jobs in January; Wage Growth Is Muted – Wall Street Journal
WASHINGTON—Despite brisk hiring, the U.S. unemployment rate rose in January and workers’ wages grew modestly. The steady but unspectacular labor market is likely to keep the Federal Reserve cautious about raising short-term interest rates in the months ahead and could prevent it from colliding with Donald Trump’s administration as it seeks… US Adds 227000 Jobs […]
Ralph Lauren CEO Leaving After Creative Clash With Founder – Bloomberg
By admin on February 2, 2017 BUSINESS
Ralph Lauren Corp. abruptly announced that Chief Executive Officer Stefan Larsson will be leaving after a creative clash with the fashion brand’s founder, sending shares of the struggling company into a tailspin. Larsson, who previously ran Gap Inc.’s Old Navy, will be departing Ralph Lauren on May 1 after less than two years on the […]
Carney Braces for Brexit Twists as BOE Inflation Unease Grows – Bloomberg
Mark Carney warned that surprises could still be ahead as the U.K. starts the formal process of leaving the European Union, and the Bank of England is ready to respond accordingly. “The Brexit journey is really just beginning; while the direction of travel is clear, there will be twists and turns along the way,” the BOE […]
Republicans ram through committee approval of Trump Cabinet nominees – Washington Post
By admin on February 1, 2017 BUSINESS
Senate Republicans took steps Wednesday to thwart Democrats plans to obstruct the confirmation of President Trump’s Cabinet nominees for a second day amid frustrations over the president’s pick Tuesday night of a stalwart conservative to serve on the Supreme Cour Senate Finance Commitee 
Chairman Orrin Hatch (R-Utah) suspended the rules to advance Steven Mnuchin as […]
U.S. Auto Sales Cool in January – Fox Business
General Motors Co. and Ford Motor Co. posted declines in January auto sales amid what is expected to be a broader cooling in demand following brisk sales in the prior month that is creating a glut on dealer lots. Continue Reading Below GM, the No. 1 U.S. auto maker, sold 195,909 vehicles in the […]
Merkel Pushes Back at Trump Team’s Accusations on German Trade – Bloomberg
By admin on January 31, 2017 BUSINESS
German Chancellor Angela Merkel rejected an accusation from U.S. President Donald Trump’s top trade adviser that Germany is bolstering its exports with a “grossly undervalued” euro in a growing trans-Atlantic spat. Peter Navarro, the head of the new White House National Trade Council, told the Financial Times that Germany’s advantageous trade position within the EU […]
Trump Calls Drug Pricing ‘Astronomical’ and Promises Changes – Bloomberg
President Donald Trump told drugmakers at a White House meeting Tuesday they were charging too much and promised to get better bargains for government health programs, in addition to finding ways to get new medicines to market faster. “The pricing has been astronomical,” Trump said to chief executives of some of the world’s biggest drugmakers, […]
Trump says ‘all is going well’ on immigration order amid questions and confusion – Washington Post
By admin on January 30, 2017 BUSINESS
President Trump continued Monday to adamantly defend his immigration order temporarily banning entry into the United States for migrants from seven Muslim-majority countries and refugees from around the world. In a series of tweets, Trump sought to minimize its impact on travelers following confusion, angst and two days of protests that have erupted across the […]
The maker of Tempur-Pedic mattresses is crashing by more than 25% – Business Insider
A dog walks on a discarded mattress in Cray’s Hill, England.Oli Scarff/Getty Images Tempur Sealy, the maker of Tempur-Pedic mattresses and other bedding products, is tanking on Monday after failing to reach a deal with a key retailer. Temper Sealy said it had terminated its business with Mattress Firm over a contract dispute. Tempur Sealy […]