Fox Business Goldman's Gary Cohn on List for Trump Energy Secretary, Ponders Firm ExitFox BusinessPresident-elect Donald Trump is considering Goldman Sachs (GS) chief operating officer Gary Cohn to run his Energy Department as the former commodities trader and No. 2 executive inside one of Wall Street's top investment banks signals he could soon …How Goldman Sachs […]
Washington Post Trump threatens 'consequences' for US firms that relocate offshoreWashington PostINDIANAPOLIS — President-elect Donald Trump on Thursday warned that the government would punish companies seeking to move operations overseas with “consequences,” setting the stage for an unusual level of intervention by the White House into …Trump rubs salt in the wounds of his rivalsPoliticoDonald Trump […]
Wall Street Journal Wells Fargo to Keep Commissions-Based Retirement Accounts Under Fiduciary RuleWall Street JournalWells Fargo & Co. will continue to allow retirement savers who work with its brokerage arm to pay commissions for trades, as Wall Street brokerages move ahead with plans to comply with new conflict-of-interest rules on retirement accounts despite …Wells Fargo […]
Reuters RBS fails Bank of England stress test, must bolster capitalReutersA branch of the Royal Bank of Scotland is seen in the City of London, Britain, December 16, 2014. REUTERS/Toby Melville/File Photo. LONDON Royal Bank of Scotland (RBS.L) will have to bolster its capital holdings after it failed this year's stress test …RBS worst hit […]
Reuters Oil prices rise in nervous trading ahead of OPEC meetingReutersSINGAPORE Oil markets edged up in nervous trading on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.Three Potential […]
Los Angeles Times WRAPUP 1-Consumers, exports power U.S. third-quarter economic growthBusiness InsiderWASHINGTON, Nov 29 (Reuters) – The U.S. economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports. Gross domestic product increased at …Economy in 3rd quarter grows […]
Quartz Kellogg's pulls ads from Breitbart over company 'values'Business InsiderBATTLE CREEK, Mich. (AP) — Kellogg's has announced that it will no longer advertise on Breitbart.com, the website formerly run by one of President-elect Donald Trump's top aides, Steve Bannon. The food manufacturer decided to discontinue advertising …Website claims 45 million unique visitors a monthLocal 10Kellogg […]
Washington Post Trump just scored perhaps the biggest victory of his new tenure. But it comes with a huge asterisk.Washington PostAs news broke that President-elect Donald Trump reached a deal to save nearly 1,000 jobs at an Indianapolis plant on Tuesday evening, factory worker Brian Reed prepared to lose his job of 24 years just […]
New York Times Justin Trudeau Approves Oil Pipeline Expansion in CanadaNew York TimesA march in Vancouver, British Columbia, this month against the proposed expansion of the Kinder Morgan Trans Mountain project. Prime Minister Justin Trudeau approved the plan on Tuesday. Credit Chris Helgren/Reuters. OTTAWA — In a decision that will …Canada PM approves controversial pipeline to […]
Washington Post Trump expected to name financier Steve Mnuchin to TreasuryWashington PostPresident-elect Donald Trump is planning to name investor and former Goldman Sachs executive Steven Mnuchin as treasury secretary, opting for an industry insider with no government experience to helm the agency in charge of the nation's finances, …Steven Mnuchin Is Donald Trump's Expected Choice for […]