Washington Post White House says Conway has been 'counseled' after touting Ivanka Trump's productsWashington PostThe White House on Thursday said that a top adviser to President Trump had been “counseled” after using a television appearance from the West Wing to promote the clothing and jewelry line sold under the brand of Trump's daughter. The endorsement, […]
CNNMoney Expedia CEO: Hopefully we'll live to see the end of the yearCNNMoneySome CEOs live for a better bottom line. Expedia's CEO just hopes we live, period. Expedia (EXPE) CEO Dara Khosrowshahi ended an otherwise routine conference call about the company's fourth quarter earnings with a gloomy comment on our fragile …Expedia's (EXPE) CEO Dara Khosrowshahi […]
Washington Post Stocks jump on Trump's tax remarksWashington PostWall Street's three main indexes surged to record highs Thursday after President Trump said he would make a major tax announcement in a few weeks. “Lowering the overall tax burden on American business is big league,” Trump said during a White House …Asian Stocks Rally, Bonds Drop on […]
Washington Post Trump shows interest in privatizing air traffic controlWashington PostWASHINGTON — President Donald Trump told airline and airport executives Thursday that he is interested in privatizing America's air traffic control system and improving the nation's airports and roads, which he called obsolete. Trump also promised to …Trump vows to modernize airports in meeting with […]
Washington Post Should your financial adviser act in your best interest? You decide.Washington PostI was involved in an interesting exchange on Facebook recently. Some of my followers were debating the merits of the Labor Department's “fiduciary rule,” which is slated to take effect April 10 — although the Trump administration has signaled that it …Trump's […]
Washington Post Why Whole Foods is now strugglingWashington PostOrganic food has never been so popular among American consumers. Ironically, that's bad news for the brand that made organic a household name — namely, the Austin-based Whole Foods. On Wednesday, Whole Foods reported what is arguably its worst …Whole Foods says it's focusing on price because no […]
The Star Online SoftBank profit soars 71% amid Sprint turnaroundMarketWatchTOKYO– SoftBank Group Corp. on Wednesday reported a 71% jump in operating profit for its fiscal third quarter as turnaround efforts at Sprint Corp. took hold. The Tokyo-based company posted an operating profit of Yen295 billion for the October …UPDATE 1-SoftBank profit jumps as Sprint trims […]
Livemint Rio Tinto Rewards Investors as Profit Rebounds on Iron Ore RallyBloombergRio Tinto Group will pay a much higher dividend than expected and buy back $500 million of shares after the world's second-biggest mining company reported the first gain in annual profit since 2013. Higher iron ore prices boosted underlying profit to …Rio Tinto swings […]
Washington Post Profits up, but General Motors faces challengesOmaha World-HeraldDETROIT (AP) — At an investors' conference during Detroit's auto show in January, confident General Motors executives told investors to expect improved pretax profits for 2016 and 2017, thanks to strong sales in key markets and cost cuts. On Tuesday …GM makes $9.4 billion in global […]
Washington Post Dakota Access pipeline construction expected to get go-aheadWashington PostBISMARCK, N.D. — The developer of the stalled Dakota Access oil pipeline could get clearance from the Army as early as Wednesday to finish the $3.8 billion project, though the American Indian tribe that has led the battle against the project for …Overnight Energy: Administration […]