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Senate confirms Rep. Mick Mulvaney as Trump's budget chief - Washington Post

Thu, 02/16/2017 - 10:15

Washington Post

Senate confirms Rep. Mick Mulvaney as Trump's budget chief
Washington Post
Senators confirmed Rep. Mick Mulvaney (R-S.C.) to lead the Office of Management and Budget in a narrow vote Thursday morning, giving the congressman one of the most powerful positions in President Trump's Cabinet and the responsibility of reconciling ...
Senate confirms Mulvaney to be Trump's budget chiefThe Hill
Senate Confirms Trump's Budget Nominee Mulvaney in a Close VoteBloomberg
Senate Set to Confirm 2 More Trump NomineesU.S. News & World Report
USA TODAY -New York Times -NPR -Chicago Tribune
all 101 news articles »

Kate Spade Is Officially Up For Sale - Fortune

Thu, 02/16/2017 - 10:14

Fortune

Kate Spade Is Officially Up For Sale
Fortune
Kate Spade (kate) confirmed on Thursday recent news reports that it is exploring "strategic alternatives," corporate speak for saying it is up for sale or open to another arrangement that could boost its lagging share price. The fashion retailer's ...
Kate Spade confirms takeover talk, shares jumpCNBC
UPDATE 2-Kate Spade to explore strategic options amid investor pressureReuters
Kate Spade Spikes 11% on Earnings Beat, Confirms Takeover TalkZacks.com
Business Insider -Forbes -TheStreet.com -USA TODAY
all 33 news articles »

Mick Mulvaney, Trump's Pick for Budget Director, Is Confirmed - New York Times

Thu, 02/16/2017 - 10:13

New York Times

Mick Mulvaney, Trump's Pick for Budget Director, Is Confirmed
New York Times
Representative Mick Mulvaney of South Carolina during his confirmation hearing last month. Credit Al Drago/The New York Times. WASHINGTON — A divided Senate confirmed Representative Mick Mulvaney of South Carolina to be President Trump's ...

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General in charge of Lockheed F-35 confirms call with Trump, Boeing CEO - The Hill

Thu, 02/16/2017 - 09:48

The Hill

General in charge of Lockheed F-35 confirms call with Trump, Boeing CEO
The Hill
The Air Force general managing the Pentagon's program for F-35 fighter jets, built by Lockheed Martin, confirmed Thursday that the CEO of rival Boeing participated in a call with him and President Trump prior to the inauguration. Lt. Gen. Christopher ...
Trump let Boeing CEO listen in on call to Pentagon manager of fighter jet programThe Seattle Times
Pentagon officer confirms Boeing CEO listened in on call with TrumpDallas News
F-35 program chief downplays Trump phone call with Boeing CEO listening inDefenseNews.com
Reuters -Washington Examiner -Vanity Fair -Investor's Business Daily
all 27 news articles »

GM Reassures Workers That Opel Will Stay German Even If It's Sold To The French - Jalopnik

Thu, 02/16/2017 - 09:29

Jalopnik

GM Reassures Workers That Opel Will Stay German Even If It's Sold To The French
Jalopnik
Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know. Advertisement. 1st Gear: Opel Isn't Leaving Germany If They're Bought By PSA.
GM's UK Operations Could Be the First Big Brexit CasualtyTheStreet.com
GM Chief in Talks With UK Amid Alarm Over Possible Unit SaleU.S. News & World Report
General Motors says it will build on Vauxhall successBBC News
Reuters -The Guardian -The Economist -The Independent
all 109 news articles »

S&P 500 Swings Lower After Five-Day Record-Making Streak - TheStreet.com

Thu, 02/16/2017 - 09:10

TheStreet.com

S&P 500 Swings Lower After Five-Day Record-Making Streak
TheStreet.com
The S&P 500 swung to losses on Thursday following Wall Street's best record-breaking streak since late 1991. The S&P 500 fell 0.11%. The Dow Jones Industrial Average and Nasdaq wavered around their flatline. Stocks ended Wednesday with their fifth ...
Cisco helps Wall Street extend streak of record highsReuters
Wall Street looks to extend gainsBBC News
Wall Street Set To Open In The RedRTT News
WDIV Detroit
all 9 news articles »

Mortgage rates unchanged again but probably headed higher - Washington Post

Thu, 02/16/2017 - 09:03

Washington Post

Mortgage rates unchanged again but probably headed higher
Washington Post
Mortgage rates have defied conventional wisdom this past month by holding steady for the fourth week in a row. Home loan rates usually follow the movement of long-term bonds, particularly the 10-year U.S. Treasury. When its yield rises, mortgage rates ...
Surprise! Mortgage Rates Didn't Rise This WeekThe Mortgage Reports (blog)
Freddie Mac to Pay Treasury $4.5B After Profit DoublesU.S. News & World Report
Freddie Mac: Mortgage rates suddenly stopped following 10-year Treasury yieldHousingWire
Chicago Tribune -Selected Loans -Yahoo Finance -MarketWatch
all 17 news articles »

Retail Has Good Reason to Hate a Border Tax - Bloomberg

Thu, 02/16/2017 - 09:01

Bloomberg

Retail Has Good Reason to Hate a Border Tax
Bloomberg
Chief executives from retailers including J.C. Penney Co., Target Corp. and Best Buy Co. went to Washington on Wednesday to implore President Trump not to follow through with pledges to tax stuff sold in the U.S. but made abroad. Lobbying from ...
Where cutting taxes and Obamacare meet: The Woodlands' Kevin BradyHouston Chronicle
Border tax debate pits theory against the real worldSTLtoday.com
Border tax is 'biggest threat' to retailers in years, former Saks CEO saysCNBC
Fox Business -Washington Examiner -Benzinga -Quartz
all 237 news articles »Google News

Austria to Seek $1.2 Billion as Eurofighter Order Flaws Alleged - Bloomberg

Thu, 02/16/2017 - 08:44

Bloomberg

Austria to Seek $1.2 Billion as Eurofighter Order Flaws Alleged
Bloomberg
Austria is seeking as much as 1.1 billion euros ($1.16 billion) from Eurofighter Jagdflugzeug GmbH and its main shareholder, Airbus Group SE, after a probe concluded the companies deceived the government in a 2003 purchase of fighter jets. The Austrian ...
Austria to sue Airbus over Eurofighter contractBBC News
Austria may seek $1 bln compensation from AirbusMarketWatch
UPDATE 2-Austria to sue Airbus over suspected Eurofighter fraud - APA news agencyNasdaq
ABC News -Business Insider -Deutsche Welle -The National
all 21 news articles »

Risk Rally Eases as US Stocks Mixed, Bonds Climb: Markets Wrap - Bloomberg

Thu, 02/16/2017 - 08:33

Bloomberg

Risk Rally Eases as US Stocks Mixed, Bonds Climb: Markets Wrap
Bloomberg
The torrid advance in riskier assets eased, with U.S. equities little changed after the longest rally in three years and Treasuries rising for the first time in six days. The most important market news of the day. Get our markets daily newsletter. Sign ...
January 2017 market updateBizcommunity.com
Equity Rally Falters as European Bonds Gain on ECB: Markets WrapBloombergQuint
Europe Roundup: Sterling rises above 1.2500, euro recovers from 5-week low as dollar eases on profit taking ...EconoTimes

all 6 news articles »Google News

Anthem to appeal judge's order blocking Cigna merger - WSYR

Thu, 02/16/2017 - 07:38

13WHAM-TV

Anthem to appeal judge's order blocking Cigna merger
WSYR
NEW YORK (CNNMoney) - Anthem vowed Thursday to appeal a federal judge's move to halt its planned takeover of Cigna. A federal judge in D.C. made the decision Wednesday, saying it would violate antitrust law for the second- and third-largest health ...
Investors pause; Wendy's earnings; Air France takes flightCNNMoney
Judge rules for Anthem to keep Cigna at tableCT Post
Anthem granted restraining order in deal fallout with CignaYahoo Finance
Military Technologies
all 13 news articles »

US weekly jobless claims rise less than expected - Reuters

Thu, 02/16/2017 - 07:35

Reuters

US weekly jobless claims rise less than expected
Reuters
A man holds a leaflet at a military veterans' job fair in Carson, California October 3, 2014. REUTERS/Lucy Nicholson. WASHINGTON - The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor ...
Jobless claims climb 5000 to still-low 239000MarketWatch

all 11 news articles »

Seeking Acquisition? What You Can Learn From Time Warner's Sale to AT&T - Entrepreneur

Thu, 02/16/2017 - 07:05

Entrepreneur

Seeking Acquisition? What You Can Learn From Time Warner's Sale to AT&T
Entrepreneur
Yesterday, Time Warner shareholders voted to sell the company to AT&T for more than $85 billion, to help secure its future. As the parent company to outlets such as HBO and CNN, Time Warner offers AT&T access to the type of high-quality content that ...
Time Warner shareholders vote to sell company to AT&T for $85.4 billionLos Angeles Times
Time Warner Shareholders Approve $85.4 Billion AT&T DealTheStreet.com
Time Warner shareholders vote to approve AT&T mergerCNNMoney
MarketWatch -Multichannel News -Barron's -Dallas Business Journal
all 60 news articles »

Fischer Says Fed Seems Headed Toward Expected Rate Hike Path - Yahoo Finance

Thu, 02/16/2017 - 06:38

CNBC

Fischer Says Fed Seems Headed Toward Expected Rate Hike Path
Yahoo Finance
Federal Reserve Vice Chairman Stanley Fischer said the central bank is nearing its dual goals and seems to be headed for the monetary policy path that officials had anticipated. “I don't want to give you numbers on two or three, but this is consistent ...
Fed accommodative and moving on right path, Fischer says: BloombergReuters
Treasury yields on track to snap 5-day streak of gainsMarketWatch
Day Five Of Trump-Driven Wall Street RallyPYMNTS.com
Business Insider -TheStreet.com -Nasdaq -The Boston Globe
all 59 news articles »Google News

Trump Hates Trade Deficits, But Which Ones Really Matter? - Bloomberg

Thu, 02/16/2017 - 05:01

Bloomberg

Trump Hates Trade Deficits, But Which Ones Really Matter?
Bloomberg
President Donald Trump is fixated on deficits as measures of how the U.S. gets the short end of the stick in trade deals. He's had Mexico in his Twitter crosshairs for selling $63 billion more in goods to the U.S. than it buys, blaming “one-sided ...
Beyond NAFTA tweaks: How Trump's anti-trade talk could be bad for CanadaCBC.ca
Trump's talk about 'tweaking' NAFTA unlikely, experts sayCTV News
OPINION: Time for two aligned amigosTheChronicleHerald.ca
Politico -BuzzFeed News -ICTSD Bridges News -Yahoo News
all 53 news articles »

Twitter CEO Jack Dorsey says what's happening right now reminds him of the Arab Spring - Business Insider

Thu, 02/16/2017 - 04:35

Business Insider

Twitter CEO Jack Dorsey says what's happening right now reminds him of the Arab Spring
Business Insider
But at the same time, it's more relevant and important than it has ever been. Amid constant political turmoil in the United States, it has become an essential source of news — reinforced by President Donald Trump's frequent and bombastic use of the ...
Dorsey: Twitter still has “a long way to go”TechCrunch
Twitter's CEO Says It's Having an 'Arab Spring' Moment in the USFortune
Twitter: Why We Aren't Following Jack DorseySeeking Alpha
TheStreet.com -CNBC -iTech Post -MarketWatch
all 50 news articles »

Cotton raps House GOP tax plan - Arkansas Online

Thu, 02/16/2017 - 04:15

Cotton raps House GOP tax plan
Arkansas Online
WASHINGTON -- The House Republican tax plan, in its current form, appears to be bad news for working Arkansans, U.S. Sen. Tom Cotton said Wednesday. The proposal calls for cutting the income-tax rate on Americans with the biggest incomes and raising ...

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Asian stocks mixed on upbeat US data, rate hike expectations - Daily Herald

Thu, 02/16/2017 - 03:19

Daily Herald

Asian stocks mixed on upbeat US data, rate hike expectations
Daily Herald
FILE - In a Thursday, Feb. 9, 2017 file photo, stock traders follow market activity, at the New York Stock Exchange. Bond yields climbed again on Wednesday, Feb. 15, 2017, and U.S. stocks held close to their record highs after more reports showed the ...

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Asian stocks mixed on upbeat US data, rate hike expectations - Daily Herald

Thu, 02/16/2017 - 03:19

Daily Herald

Asian stocks mixed on upbeat US data, rate hike expectations
Daily Herald
FILE - In a Thursday, Feb. 9, 2017 file photo, stock traders follow market activity, at the New York Stock Exchange. Bond yields climbed again on Wednesday, Feb. 15, 2017, and U.S. stocks held close to their record highs after more reports showed the ...
Global Stocks Mixed on Upbeat US Data, Rate Hike ProspectsNew York Times

all 10 news articles »

Nestle's New CEO Just Ditched Its Long-Running Sales Target - Fortune

Thu, 02/16/2017 - 02:57

Fortune

Nestle's New CEO Just Ditched Its Long-Running Sales Target
Fortune
Nestle's new chief executive scrapped the food company's long-standing sales target as it reported disappointing annual results on Thursday, adopting a more cautious tone in an uncertain environment. The maker of Kitkat chocolate bars and Nescafe ...
Nestle Braces for Slowdown as New CEO Plans RestructuringBloomberg
'Nestle Model' Looks Unlikely Under New CEO Schneider as Growth Targets LoweredTheStreet.com
Nestle scales back growth targets amid economic jittersReuters
Nasdaq -U.S. News & World Report -BBC News -Yahoo News
all 20 news articles »

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