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Trump backlash sends dollar skidding, sterling surges - Reuters

Tue, 01/17/2017 - 07:59

Reuters

Trump backlash sends dollar skidding, sterling surges
Reuters
LONDON The dollar fell heavily across the board on Tuesday, with sterling leading the charge against it as soothing words on Brexit from British prime minister Theresa May triggered the pound's biggest jump in eight years. A recent sell-off in the ...
Trump sends shivers through stock market on 'too strong' dollar commentsMarketWatch
Stock Market Set For A Lower Open As Trump, Brexit Rattle InvestorsMorningstar.com
Sharp GBP/USD Reversal as May's Brexit Approach SoftensDailyFX
Newsmax -Bloomberg -Investing.com -City Index
all 90 news articles »

Wal-Mart to Create 10000 U.S. Jobs in Nod to Trump - Fox Business

Tue, 01/17/2017 - 06:26

Fox Business

Wal-Mart to Create 10000 U.S. Jobs in Nod to Trump
Fox Business
Wal-Mart Stores said it plans to create about 10,000 U.S. jobs this year, a sign that even the country's largest private employer feels the need to tout American job growth ahead of President-elect Donald Trump's inauguration. Continue Reading Below.

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Morgan Stanley beats! - Business Insider

Tue, 01/17/2017 - 05:59

Business Insider

Morgan Stanley beats!
Business Insider
Morgan Stanley just reported fourth-quarter earnings that beat on the top and bottom lines. The firm reported earnings per share of $0.81 on revenue of $9.02 billion. The firm was expected to report adjusted earnings per share of $0.65 on revenue of $8 ...
Morgan Stanley beats profit and revenue estimatesMarketWatch
Morgan Stanley's profit doubles as bond-trading revenue surgesReuters
Morgan Stanley beats expectationsYahoo Finance
Wall Street Journal (blog) -Investing.com -Nasdaq -DailyQuint
all 49 news articles »Google News

UnitedHealth's revenue, profit tops forecasts - MarketWatch

Tue, 01/17/2017 - 05:38

Charlotte Observer

UnitedHealth's revenue, profit tops forecasts
MarketWatch
UnitedHealth Group Inc. reported a 56% increase in profit in the latest quarter on climbing revenue from premiums, as its Optum health-care delivery businesses continued to grow. The largest U.S. health care insurer and the first to report earnings, ...
UnitedHealth Group Reports 2016 Results Highlighted by Continued Strong and Diversified GrowthBusiness Wire (press release)
UnitedHealth earnings top expectations; memberships increaseCNBC
UnitedHealth 's (UNH) Q4 Earnings Beat, Affirms GuidanceZacks.com
Reuters -ETF Daily News (blog) -Beloit Daily News -RTT News
all 47 news articles »

Donald Trump Adviser Anthony Scaramucci Says US Economy Can Withstand Rising Dollar - Wall Street Journal

Tue, 01/17/2017 - 05:02

Wall Street Journal

Donald Trump Adviser Anthony Scaramucci Says US Economy Can Withstand Rising Dollar
Wall Street Journal
DAVOS, Switzerland—Anthony Scaramucci, the founder of SkyBridge Capital and an adviser to President-elect Donald Trump said the U.S. economy could withstand the impact of a strong dollar, while warning that deflation could cause a downturn that would ...
Trump to Spread Growth to Those Who Missed It, Scaramucci SaysBloomberg
The Latest: In Davos, Trump adviser rebuts isolationism talkWHIO
Fed Needs to Be Independent to Help US Society Become Fairer - Trump's AdviserSputnik International
TASS
all 15 news articles »

German Investor Confidence Surges as Economic Momentum Picks Up - Bloomberg

Tue, 01/17/2017 - 04:52

Economic Calendar

German Investor Confidence Surges as Economic Momentum Picks Up
Bloomberg
German investor confidence improved in January as strong data at the end of 2016 bolstered the outlook for Europe's largest economy. The ZEW Center for European Economic Research in Mannheim said on Tuesday that its index of investor and analyst ...
Investor Optimism About Germany Ticks Upward in SurveyNew York Times
German investor morale buoyed by improved situation in EuropeReuters
German investor confidence back on rise in JanuaryYahoo News
MarketWatch -Yahoo Finance -RTT News -DIGITALLOOK
all 13 news articles »

Walmart touts plans to add thousands of jobs in 2017 - Washington Post

Tue, 01/17/2017 - 04:35

Washington Post

Walmart touts plans to add thousands of jobs in 2017
Washington Post
Walmart on Tuesday announced that it plans to add 10,000 U.S. jobs and provide skills-building training to a quarter million of its workers by the end of 2017. The vast majority of the new positions will be in its stores, including the 59 Walmart and ...
Walmart outlines 2017 goals for American job growth and community investmentBusiness Wire (press release)
Wal-Mart to Create 10000 US Jobs in Nod to TrumpMarketWatch
Wal-Mart to add about 10000 retail jobs in the USCNBC
Reuters -whnt.com
all 10 news articles »

U.K. Inflation Surges to Fastest Since 2014 as Pound Slumps - Bloomberg

Tue, 01/17/2017 - 04:08

Bloomberg

U.K. Inflation Surges to Fastest Since 2014 as Pound Slumps
Bloomberg
U.K. inflation accelerated to the fastest pace in more than two years in December as the pound's decline drove a surge in import costs. Consumer-price growth increased to 1.6 percent, the highest since July 2014, from 1.2 percent in November. That beat ...
UK inflation soars to its highest level in 2 ½ yearsU.S. News & World Report
UK inflation surged faster than economists expected in DecemberBusiness Insider
Rising U.K. Inflation Puts Pressure on Food RetailersTheStreet.com
Wall Street Journal -Yahoo News -Daily Mail -This is Money
all 62 news articles »

Trump, Brexit uncertainty hit stocks and dollar, gold jumps - Reuters

Tue, 01/17/2017 - 03:55

Reuters

Trump, Brexit uncertainty hit stocks and dollar, gold jumps
Reuters
Women, dressed in ceremonial kimonos, stand in front of an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan's stock market, in Tokyo, Japan, January 4, ...
Pound Set for Best Day Since 2008 After May's StatementBloomberg
Dollar broadly lower on Trump currency comments, ahead of UK PM's Brexit speechMarketWatch
Pound surges by most since immediate aftermath of EU referendum as Theresa May promises parliament vote on BrexitTelegraph.co.uk
Nasdaq -Newsmax -The Fiscal Times -Financial Times
all 227 news articles »Google News

Wilbur Ross' Extraordinary Timing - WNYC

Tue, 01/17/2017 - 03:05

WNYC

Wilbur Ross' Extraordinary Timing
WNYC
If you shut down a steel mill in the middle of the winter, it will die. In December 2001, LTV Corp. was planning its own suicide. By that year, dozens of steel companies were in some stage of declaring bankruptcy. In Youngstown, Ohio, hundreds of ...

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Britain will not seek 'half in, half out' EU deal: PM May - Yahoo News

Tue, 01/17/2017 - 02:31

Yahoo News

Britain will not seek 'half in, half out' EU deal: PM May
Yahoo News
Britain's Prime Minister Theresa May leaves Downing Street in London, Britain January 11, 2017. REUTERS/Stefan Wermuth. More. By Kylie MacLellan. LONDON (Reuters) - Britain will not seek a Brexit deal that leaves it "half in, half out" of the European ...

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In the Dark: Major Power Outage Hits Amsterdam - ABC News

Tue, 01/17/2017 - 02:02

DutchNews.nl

In the Dark: Major Power Outage Hits Amsterdam
ABC News
Large parts of Amsterdam have been hit by a power outage, snarling traffic around the city as trains and trams were halted and many electric road signs stopped working. Electricity provider Liander said that 360,000 homes were left without power in the ...
Large blackout hits Dutch capital of Amsterdam, scores without powerBNO News

all 9 news articles »

BAT Wins Reynolds With Sweetened $49.4 Billion Buyout Bid - Bloomberg

Tue, 01/17/2017 - 01:48

Bloomberg

BAT Wins Reynolds With Sweetened $49.4 Billion Buyout Bid
Bloomberg
British American Tobacco Plc raised the cash portion of its bid for full control of Reynolds American Inc., offering about $49.4 billion in a deal that would create the world's largest publicly traded tobacco company and unify brands such as Lucky ...
BAT Reaches Agreement to Buy Reynolds for $49.4 BillionTheStreet.com
BAT to pay $49 bln for full control of ReynoldsMarketWatch
British American Tobacco takes control of Reynolds for $49bnBBC News
CNBC -Wall Street Journal -Financial Times -Sky News
all 34 news articles »

Hyundai Highlights US Spending Plan Before Trump Inaugurated - New York Times

Tue, 01/17/2017 - 01:12

U.S. News & World Report

Hyundai Highlights US Spending Plan Before Trump Inaugurated
New York Times
SEOUL, South Korea — Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S. factory. Chung Jin Haeng, a president of the world's fifth-largest ...
Hyundai-Kia Plan $3.1 Billion U.S. Investment, Mull New PlantBloomberg
Hyundai to invest $3.1 billion in US plantsMarketWatch
Hyundai Motor to boost US investment as automakers respond to TrumpReuters
Financial Times -The Korea Herald -Yonhap News -BusinessKorea
all 15 news articles »

​Baidu appoints former Microsoft, Yahoo executive as group president and COO - ZDNet

Mon, 01/16/2017 - 23:52

ZDNet

​Baidu appoints former Microsoft, Yahoo executive as group president and COO
ZDNet
Baidu has announced the appointment of Dr Qi Lu as its group president and chief operating officer, who will be responsible for the organisation's products, technology, sales, marketing, and operations, effective immediately. Lu joins the search engine ...
Former Microsoft executive and noted AI expert Qi Lu joins Baidu as COOTechCrunch
Baidu names former Microsoft exec as COO in artificial intelligence pushCNBC
Microsoft Veteran Will Help Run Chinese Search Giant BaiduBloomberg
VentureBeat -The Seattle Times -Investor's Business Daily -South China Morning Post
all 15 news articles »

Trump criticizes controversial piece of House GOP tax plan - The Hill

Mon, 01/16/2017 - 22:32

The Hill

Trump criticizes controversial piece of House GOP tax plan
The Hill
President-elect Donald Trump · Donald TrumpMcCain leans toward voting for Tillerson CIA director on Trump dossier: 'Was I a leaker of this? No.' Green Day drops new anti-Trump music video MORE criticized a key piece of the House Republicans' ...
Trump, House Republicans may butt heads on tax planFox News
Trump calls corporate tax border adjustment 'too complicated': WSJBusiness Insider
Donald Trump criticizes House Republicans' tax plan: WSJCNBC
Politico -Albuquerque Journal -Macleans.ca -TwinCities.com-Pioneer Press
all 25 news articles »

Price may have benefited from bill to delay bundled payments for hips and knees - ModernHealthcare.com

Mon, 01/16/2017 - 22:18

Price may have benefited from bill to delay bundled payments for hips and knees
ModernHealthcare.com
CNN is reporting that the nominee for HHS Secretary, U.S. Rep. Tom Price bought shares in one of the nation's biggest knee and hip implant manufacturers a week before introducing a bill to delay the comprehensive joint replacement bundled payment ...

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China's Oil Collapse Is Unintentionally Helping OPEC - Bloomberg

Mon, 01/16/2017 - 21:59

Bloomberg

China's Oil Collapse Is Unintentionally Helping OPEC
Bloomberg
OPEC's campaign to prop up oil prices is getting unlikely support from its biggest customer. China's production is forecast to fall by as much as 7 percent this year, extending a record decline in 2016, according to analysts at CLSA Ltd., Sanford C ...
Oil prices mixed on Saudi commitment to cut output, investor scepticismReuters
Oil prices struggle for gains as markets weigh comments from big producersMarketWatch
Crude Oil Prices May Turn Volatile on OPEC CommentaryNasdaq
The National -OilPrice.com -The Tand D.com -Investing.com
all 102 news articles »Google News

GM to announce $1B investment in U.S. plants, 1K jobs - The Detroit News

Mon, 01/16/2017 - 20:36

The Detroit News

GM to announce $1B investment in U.S. plants, 1K jobs
The Detroit News
General Motors Co. plans to announce Tuesday that it will invest $1 billion in U.S. plants, including in Michigan, adding more than 1,000 jobs, according to a source familiar with the automaker's plans. (Photo: Bill Pugliano / Getty Images file ...
GM adding jobs following Trump attackCNBC
AP Source: GM to announce $1B factory investment, new jobsU.S. News & World Report
WSJ: GM to Invest $1 Billion in US FactoriesNewsmax
WXYZ -Seeking Alpha
all 10 news articles »

What Are the 'FANG' Stocks? A Short Explainer - SFGate

Mon, 01/16/2017 - 19:44

CNNMoney

What Are the 'FANG' Stocks? A Short Explainer
SFGate
CNBC's Jim Cramer is known for his voluble stock advocacy, but the “Mad Money” host also made a key contribution to contemporary Wall Street lexicon, as he's the one who coined “FANG” as a term for the stocks of Facebook, Amazon, Netflix and Google ...
Tech stocks soar as growth trumps Trump fearsCNNMoney
Facebook, Amazon, Netflix, Alphabet Q4 Earnings Preview: What to Watch ForTheWrap
Facebook, Amazon, Netflix, Google stocks soarWAAY

all 5 news articles »

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