© Reuters. FILE PHOTO: Reporters raise their hands for a question during a Toshiba news conference at the company headquarters in Tokyo TOKYO (Reuters) – The Tokyo Stock Exchange approved on Friday Toshiba (OTC:) Corp’s return to the bourse’s first section amid calls from some shareholders for better governanceRead More →
© Reuters. Vaccine airlift delivers shot in the arm for airlines By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) -American Airlines and United Airlines said on Monday they were preparing to recall tens of thousands of furloughed employees as they awaited lawmakers’ approval of a fresh $15 billion inRead More →
In a June 11 hearing before the Congressional Fintech Task Force, everyone seemed to agree that they could improve financial inclusion by giving people more direct access to FedAccounts, which may operate using a digital dollar. What exactly a digital dollar looks like will probably be more controversial. Unity atRead More →
Brave, the privacy-centric cryptocurrency-powered web browser has launched in-browser video calls featuring end-to-end encryption. The encrypted video service, dubbed ‘Brave Together’ can be used to make unlimited encrypted video calls featuring two participants. All Brave users can access the feature, with no account sign-ups needed. Brave revealed that video conferencingRead More →
© Reuters. Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha By Jonathan Stempel (Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc (N:), on Monday called the coronavirusRead More →
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. In his annual letter to Berkshire Hathaway IncRead More →
‘Probably, the cat’s already out of the bag.’ Eric Toner, M.D. Scientist and scholar Eric Toner, quoted above in an excerpt from a Friday interview with the business-news channel CNBC, explained that China’s efforts to contain the current outbreak of a fast-moving upper-respiratory illness are “unlikely to be effective.” TheRead More →
Better late than never. It’s a cliché, of course, but it summed up the year for “No-Nonsense Investing.” Some big, bold predictions as 2019 began fell flat, while columns written later in the year were on target. Generally I did better when I was bullish or ignored the cacophony ofRead More →
A California financial adviser and radio host allegedly defrauded mom and pop investors out of millions of dollars while paying outside consultants to cover up online reports of his past misconduct, the Securities and Exchange Commission charged Friday. Keith Springer, owner of Springer Investment Management and host of “Smart MoneyRead More →
President Donald Trump congratulated Boris Johnson on his election victory early Friday, and said Britain and the U.S. were now free to strike a “massive new trade deal” after Brexit. Johnson’s Conservative Party swept to a landslide victory in the U.K. election on Friday, securing a strong majority in Parliament.Read More →
TOKYO (Reuters) – Japan said on Wednesday the World Trade Organization’s dispute settlement system was one of central pillars supporting the multilateral trading system and a quick solution was needed to restore the functioning of its appeals court. The comment came after the collapse of the WTO’s dispute appeals systemRead More →
FRANKFURT (Reuters) – Commerzbank’s (DE:) chief executive officer on Friday criticized the U.S. administration’s approach to unilateral deals and called for Germany and Europe to “stick to our principles”. Speaking to prominent bankers at an annual conference in Frankfurt, Martin Zielke said that the U.S. and its president wanted toRead More →
Getty Images Catcher Kurt Suzuki wears a “Make America Great Again” hat as he is embraced by President Donald Trump as he welcomes the 2019 World Series Champions, the Washington Nationals, to the White House on Monday. President Donald Trump celebrated Monday as the Dow Jones Industrial Average hit itsRead More →
Credit Suisse advised investors to take a “tactical pause” in U.K. stocks before the December 12th general election. In a strategy note, the brokerage flagged a number of short-term risks. It said domestic U.K. stocks are “significantly overbought,” said election uncertainty may cause the market to worry, and said theRead More →
Presidential hopeful and former Texas congressman Beto O’Rourke, in a seemingly innocuous comment made during Tuesday night’s debate, said he had met a woman who was working four jobs to support her special needs child. He was responding to a question of whether a wealth tax, a hot-button topic aheadRead More →
© Reuters. FILE PHOTO: UAW workers strike at the Bowling Green facility DETROIT (Reuters) – The union representing the 48,000 workers who have been striking General Motors Co (N:) for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from aroundRead More →
© Reuters. Britain rejects calls to expand watchdog powers after London Capital collapse By Huw Jones LONDON (Reuters) – Britain has rejected calls from lawmakers to give regulators more powers to protect consumers from unregulated investment products as thousands face losing money on “mini-bonds” bought from London Capital & FinanceRead More →
The 1927 Yankees were famously dubbed “murderers row,” due to their lineup stacked with hall of famers Babe Ruth, Lou Gehrig and Earl Combs, who beat opposing pitching into submission. Today’s murder’s row are Jerome Powell, Mario Draghi and Haruhiko Kuroda—global central bankers who are “intent on smashing Wall StreetRead More →
A former Google employee accused the tech giant’s executive ranks of fostering a culture of sexual misbehavior in a scathing blog post detailing her relationship with the company’s top lawyer. In a Medium post published Wednesday, Jennifer Blakely accused Google Chief Legal Officer David Drummond — in whose department sheRead More →
© Reuters. South Korean President Moon Jae-in and his wife Kim Jung-sook wave the national flags during a ceremony to mark the 74th anniversary of Korea’s liberation from Japan’s 1910-45 rule, at the Independence Hall of Korea in Cheonan SEOUL (Reuters) – South Korean President Moon Jae-in said on ThursdayRead More →
A report that the billionaire owner of popular luxury fitness brands is hosting a fund-raiser for President Donald Trump sparked a fierce backlash Wednesday, and calls for a boycott. The Washington Post reported Wednesday that Stephen Ross, the chairman and founder of Related Companies, which owns Equinox Fitness club andRead More →
© Reuters. Insurance body calls for ‘equivalence’ access to EU reinsurance market after Brexit LONDON (Reuters) – Britain should seek “equivalence” based market access to the European Union for the reinsurance market after Brexit, insurance lobby group London Market Group (LMG) said on Monday. There was little appetite among itsRead More →
WASHINGTON (Reuters) – The Democratic head of the U.S. House Ways and Means Committee on Friday called for “good faith” negotiations with the Trump administration to address concerns about the new U.S.-Mexico-Canada trade agreement. The timeline for Congress to consider ratifying the deal depends on the administration’s willingness to negotiateRead More →
© Reuters. FILE PHOTO: A Huawei logo is seen outside the fence at its headquarters in Shenzhen By Cate Cadell and Michael Martina BEIJING (Reuters) – China summoned global technology companies for talks last week following last month’s U.S. ban on selling technology to China’s Huawei Technologies Co Ltd, twoRead More →
Getty Images Elizabeth Warren waves to the crowd before speaking at an organizing event on Feb. 18, 2019 in Glendale, Calif. Democratic presidential candidate Elizabeth Warren is calling for the U.S. to manage the value of the dollar as part of a plan to boost American jobs, which also includesRead More →
