FINANCIAL NEWS

Shutdown? Terrible, say GOP, Dems. But both threatened it

AP Business - 44 min 39 sec ago
WASHINGTON (AP) -- Threatening to shutter the federal government unless demands are met - who would do that?...
Categories: FINANCIAL NEWS

Maybe next time: Cities see failed Amazon bids as trial runs

AP Business - 1 hour 7 min ago
DETROIT (AP) -- For some of the 200-plus cities knocked out of the running for Amazon's second headquarters, the effort may turn out to be a trial run for other opportunities. But they're advised not make the same kind of promises to just anyone....
Categories: FINANCIAL NEWS

AP FACT CHECK: Shutdown wouldn't halt military

AP Business - 1 hour 35 min ago
WASHINGTON (AP) -- It's a stretch, at best, to think the military would bear the brunt of a partial government shutdown, as President Donald Trump asserted Thursday at the Pentagon....
Categories: FINANCIAL NEWS

EPA official: government must plan for climate change

AP Business - 1 hour 38 min ago
WASHINGTON (AP) -- A top manager who supervises the Environmental Protection Agency program responsible for cleaning up the nation's most contaminated properties and waterways told Congress on Thursday that the government needs to plan for the ongoing threat posed to Superfund sites from climate change....
Categories: FINANCIAL NEWS

Tourism booming in Cuba despite tougher new Trump policy

AP Business - 2 hours 3 min ago
HAVANA (AP) -- On a sweltering early summer afternoon in Miami's Little Havana, President Donald Trump told a cheering Cuban-American crowd that he was rolling back some of Barack Obama's opening to Cuba in order to starve the island's military-run economy of U.S. tourism dollars and ratchet up pressure for regime change....
Categories: FINANCIAL NEWS

The case for ending Amazon’s dominance

FINANCIAL TIMES - 2 hours 16 min ago
Antitrust authorities should not be making life easy for incumbents
Categories: FINANCIAL NEWS

Football’s finishing school: how Borussia Dortmund created a prodigy production line

FINANCIAL TIMES - 2 hours 17 min ago
The German club’s system is the envy of the world’s wealthiest teams — but is it a victim of its own success?
Categories: FINANCIAL NEWS

SPD youth leader mobilises against Merkel coalition

FINANCIAL TIMES - 2 hours 17 min ago
Kevin Kühnert leads opposition to joining government ahead of Sunday’s crucial party vote
Categories: FINANCIAL NEWS

Owner imperils venerable wine merchant’s reputation

FINANCIAL TIMES - 3 hours 17 min ago
Abela’s 2014 acquisition of OW Loeb 2104 raised high hopes for the company’s future
Categories: FINANCIAL NEWS

ECJ’s Swiss proposal could be a Brexit blueprint

FINANCIAL TIMES - 3 hours 17 min ago
Arbitration panel for trade disputes floated as way of resolving deadlock
Categories: FINANCIAL NEWS

Fed’s Williams has vice-chair job in his sights

FINANCIAL TIMES - 3 hours 46 min ago
Bank’s San Francisco chief would ‘welcome’ opportunity to serve under Jay Powell
Categories: FINANCIAL NEWS

LA Times CEO under investigation after report on impropriety

AP Business - 4 hours 7 min ago
LOS ANGELES (AP) -- The parent company of the Los Angeles Times is investigating allegations of inappropriate behavior by Ross Levinsohn, the newspaper's CEO and publisher....
Categories: FINANCIAL NEWS

A new name emerges as possible head of CFPB

AMERICAN BANKER - 4 hours 14 min ago
Johnathan Dever, a Republican Ohio state representative and defense lawyer, is being touted as a top candidate to lead the bureau, according to multiple insiders.
Categories: FINANCIAL NEWS

'Hats off to Mulvaney’: Comments of the week

AMERICAN BANKER - 4 hours 14 min ago
Readers react to Mick Mulvaney launching a public review of the Consumer Financial Protection Bureau, weigh in on the Senate’s bill to ease some Dodd-Frank rules, opine on how the wave of GOP departures will affect banks and more.
Categories: FINANCIAL NEWS

FSOC gives up effort to designate MetLife as SIFI

AMERICAN BANKER - 4 hours 14 min ago
The Financial Stability Oversight Council filed a joint motion with MetLife that all but cemented the 2016 court ruling throwing out the insurance giant's designation.
Categories: FINANCIAL NEWS

Cheat sheet: How the Senate is going its own way on housing finance reform

AMERICAN BANKER - 5 hours 1 min ago
Senate negotiators are working on a bill that would place Fannie Mae and Freddie Mac into receivership and replace them with multiple mortgage guarantors, according to sources.
Categories: FINANCIAL NEWS

IBM reports first revenue growth since 2012

AP Business - 6 hours 40 min ago
NEW YORK (AP) -- IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing business and looks for new opportunities from its investments in artificial intelligence....
Categories: FINANCIAL NEWS

Fed’s Williams guns for vice-chair job

FINANCIAL TIMES - 6 hours 55 min ago
San Francisco’s Fed chief would ‘welcome’ opportunity to serve as number two under Jay Powell.
Categories: FINANCIAL NEWS

Amazon's potential HQ2 sites leaves many cities disappointed

AP Business - 7 hours 18 min ago
Amazon's move to whittle its list for a second headquarters leaves more than 200 municipalities disappointed. Here are statements from some of the places that didn't make the tech giant's cut to 20 contenders:...
Categories: FINANCIAL NEWS

HSBC agrees to $101.5m US forex settlement

FINANCIAL TIMES - 7 hours 28 min ago
Deferred prosecution agreement makes bank one of last financial groups to settle
Categories: FINANCIAL NEWS

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