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Take Five: A spanner in the global economic works

Can we have it both ways? For two decades, trade expansion has fueled rapid global economic growth. But with trade volumes contracting at a rate of more than 1% year-on-year and the Sino-U.S trade war nearing its two-year anniversary, world growth will plumb decade-lows next year, the Organisation for Economic Co-Operation and Development predicts.



5 years ago

Airbnb's Belinda Johnson to step down as COO, join board

Airbnb said on Friday Belinda Johnson will step down as chief operating officer in March and join the home rental company's board.



5 years ago

FCC votes 5-0 to bar China's Huawei, ZTE from government subsidy program

The U.S. Federal Communications Commission (FCC) voted 5-0 Friday to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services.



5 years ago

How Small Businesses Can Compete By Leveraging Data Insights

Business.com | Matthew GiercĀ  | Nov 21, 2019 Many organizations still struggle to extract insight from their data. As a smaller business, you have a big advantage, but you must be careful to know exactly what type of insight you need. Many companies still struggle to extract insight from their data. Generally, as a smaller

5 years ago

Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale

Deutsche Bank has sued two offshore funds that funneled money to Bernard Madoff for 14 years, accusing them of reneging on their agreement to sell more than $1.6 billion of claims in the bankruptcy of the swindler's firm.



5 years ago

M&S poaches Tesco executive for top clothing job

British retailer Marks & Spencer has appointed the chief executive of rival Tesco's F&F Clothing division to be the boss of its struggling clothing and home business, it said on Friday.



5 years ago

S&P 500, Dow Jones edge higher on trade optimism; Tesla drags Nasdaq

The S&P 500 and Dow Jones indexes eked out gains on Friday after President Donald Trump signalled an imminent trade deal with China, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck.



5 years ago

The market and its fear gauge that tracks volatility are moving together. That could be a bad sign

"People are looking at the stock market that's going straight up and it's making them greedy," one analyst says.

5 years ago

Shattered expectations: Design questioned after Tesla truck launch

(Editor's note: language in paragraph 3 which some readers may find offensive)



5 years ago

Ex-FDA chief: White House got 'spooked by the politics and pushback' on banning flavored vapes

However, Scott Gottlieb says, "I think that something's going to get done here."

5 years ago

Ban on flavored vapes could lead to loss of 150,000 jobs, $8.4 billion sales hit: report

A potential U.S. ban on e-cigarette flavors could result in a loss of more than 150,000 jobs and a direct sales hit of $8.4 billion, according to a report released on Friday by a vaping industry trade group.



5 years ago

Trump says he alone stopped massive Chinese crackdown on Hong Kong protests

U.S. President Donald Trump said on Friday that he alone was preventing China from crushing protesters in Hong Kong with a million soldiers, as he defended his attempts to strike a trade deal with Beijing amid fears of a Chinese crack down on the demonstrations.



5 years ago

U.S. agency votes 5-0 to bar China's Huawei, ZTE from government subsidy program

The U.S. Federal Communications Commission (FCC) voted 5-0 Friday to designate China's Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or .



5 years ago

Peugeot still aims to sign merger deal with Fiat this year: source

French carmaker PSA plans to sign a $50 billion merger deal with Fiat Chrysler Automobiles (FCA) this year, a source with direct knowledge of PSA's thinking said on Friday, brushing off concerns over a shock lawsuit filed this week.



5 years ago

U.S. takes aim at judges pay in new attack on WTO system

Judges at the World Trade Organization can earn more than 300,000 Swiss francs tax-free for what is a part-time job, the United States said on Friday, in a fresh onslaught on its beleaguered arbitration system.



5 years ago