Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Kevin O'Connor, the general counsel for Steven A. Cohen's investment firm, is overseeing staff picks for the Justice Department as a member of President-Elect Donald Trump's transition team, according to a chart obtained by Bloomberg. O'Connor's employer, Point72 Asset Management, is the successor to Cohen's SAC Capital Advisors, which was the subject of one of the largest insider trading cases in recent years, though he wasn't there at the time.
Many of the California tech industry's leaders are unhappy with the outcome of the U.S. presidential election. This being Silicon Valley, they've come up with an innovative response: Secede from the union.
Obamacare repeal is one Trump's few proposals amounting to more than a detail-free promise of something Yuge. It's also one of the few areas of wholehearted agreement between him and GOP congressional leadership.
European banks may reach faster, less costly settlements with the U.S. Department of Justice as a result of Donald Trump's unexpected triumph in the U.S. presidential election, according to Barclays Plc analysts. "Some Democrat appointments at the DoJ have only a few weeks left before they are replaced," London-based analysts Mike Harrison and Jeremy Sigee wrote in a note to clients on Friday.
Stocks of Indian pharmaceutical companies, which are collectively the second-biggest suppliers of generic medicines to the U.S., plunged amid mounting concerns about potential pressures on drug prices there after revelations of a Justice Department probe into industry collusion. An antitrust investigation by the Justice Department spanning more than a dozen companies from around the world is examining whether some executives agreed with one another to raise prices on generic medicines in the U.S., people familiar with the matter told Bloomberg News.
With the US Presidential election looming, investors need to consider the real possibility that Donald Trump may be elected president. A couple of weeks ago, in the wake of a decade-old video emerging in which Trump used off-color language to describe encounters in which he harassed women, his poll numbers sagged.
It's billed as country music's biggest night, but it was pop-R&B queen Beyonce who commanded the spotlight at the 50th annual Country Music Awards on Wednesday with a thumping performance of "Daddy Lessons." Accompanied by the Dixie Chicks, the Texas-born star appeared more than two hours into the more-than three hour long show, which was broadcast live from Nashville on ABC, frustrating fans who tuned in specially and expected her widely touted performance to open the show.
Asian stocks fell on Wednesday ahead of the Fed's rate call later today as the chances of a Donald Trump victory in the Presidential elections appeared to increase. U.S. futures were also down, with the Dow Jones down 0.26%, S&P 500 mini futures 0.29% lower and Nasdaq 100 futures off 0.25%.
Shares of Eli Lilly were sliding in early-afternoon trading on Tuesday after Senator Bernie Sanders criticized the price increase of the company's Humalog insulin. Why has the price of Humalog insulin gone up 700% in 20 years? It's simple.
The S&P 500 and the Nasdaq were slightly higher on Monday as a raft of deals lifted sentiment, even as investors remained cautious ahead of the outcome of the U.S. election next week. The Dow Jones Industrial average was little changed, weighed down by a 3 percent fall in Nike following a BofA Merrill Lynch downgrade.
China stocks ended slightly lower on Monday as sentiment was dampened by warnings from top policymakers about asset bubbles and uncertainties around the U.S. presidential election. The blue-chip CSI300 index fell 0.1 percent, to 3,336.28, while the Shanghai Composite Index eased 0.1 percent to 3,100.49 points.
Barclays Plc is trying to draw a line at $2 billion in penalties to settle a U.S. investigation into its sale of mortgage securities after it received an opening offer that it considered too high, according to a person with knowledge of the situation. The Justice Department's starting point for negotiations wasn't disclosed but was less than the $14 billion initially presented by the government to Deutsche Bank AG in its talks with the U.S. over similar allegations, two people with knowledge of the matter said.
Americans wondering what life with liquefied natural gas exports will bring can look to eastern Australia for a worst-case scenario. As Australia is set to overtake Qatar as the world's largest exporter of LNG, its domestic market is showing growing vulnerability to price spikes.
WikiLeaks has kept Democratic presidential candidate Hillary Clinton on her toes recently, after more emails were released to the public. This time around the email account of Clinton campaign chairman John Podesta was targeted.
Deutsche Bank CEO John Cryan said on Thursday the institution is working to forge a deal with U.S. regulators "as soon as possible" as he presented third-quarter numbers that beat forecasts. Investors have been on tenterhooks for news on whether the lender can negotiate lower a Department of Justice fine for mis-selling mortgage-backed securities before the financial crisis ever since the bank said on Sept.
Fox News' Chris Wallace worked hard to keep the final presidential debate substantive with tough questions to Hillary Clinton and Donald Trump, but it was the simplest of queries that extracted the biggest headline. Noting Trump's claims Wednesday night that the election was being rigged against him, Wallace asked the Republican whether he would accept the results win or lose, pointing out GOP vice presidential candidate Mike Pence had said that he would.
Oral arguments concluded today in the case against the Federal Communications Commission's order on Telephone Consumer Protection Act prohibitions on autodialed calls to account holders. The court could now issue a decision at any time.
In this file photo, the VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin. U.S. District Judge Charles Breyer has scheduled a hearing Tuesday to determine whether the deal is fair to consumers and should receive final approval.
The pilots of a charter flight that crashed last year in Akron, Ohio, killing seven employees of a Florida real estate development company, ignored multiple routine procedures and their company was lax in its oversight, an investigation has found. U.S. National Transportation Safety Board investigators found failures at charter company Execuflight and the Federal Aviation Administration inspectors who were supposed to assure it was operating safely, NTSB Chairman Christopher Hart said in an opening statement Tuesday.