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U.S. House panel chairman says he'll seek to block any tariffs on Mexico

The head of the U.S. House Ways and Means Committee on Thursday vowed to take steps aimed at blocking tariffs on Mexican goods if President Donald Trump moves ahead with his economic threat to levy such imports on Monday.



3 years ago

Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper

German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the Sueddeutsche Zeitung reported on Thursday, citing unnamed sources.



3 years ago

Wall Street muted as rate cut bets temper trade tensions

Wall Street's main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump's fresh China tariffs threat.



3 years ago

U.S. yield curve flattens after ECB move; stocks inch up

The U.S. Treasury yield curve flattened on Thursday as the European Central Bank committed to leaving interest rates steady into the first half of 2020, while major world stock indexes mostly edged higher.



3 years ago

Ford to close engine plant in Wales in latest blow to UK car sector

Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at risk in a further blow to Britain's once booming car industry.



3 years ago

U.S. mulls delaying threatened tariffs on Mexican products: Bloomberg

The United States is considering delaying the imposition of tariffs on Mexican products that President Donald Trump has threatened to put in place on Monday to allow for more time for talks between the two nations, Bloomberg News reported on Thursday, citing unidentified people familiar with the matter.



3 years ago

Amazon CEO Bezos says robotic hands ready for prime time in next 10 years

Jeff Bezos, Amazon.com Inc's chief executive and founder, said on Thursday he expects the challenge of building robots for commercial use that can grasp items as efficiently as human hands will be solved in the next 10 years.



3 years ago

Recruiting for IT Talent? Q&A with a 20-year HR Veteran

Affinity | Diane Mason | June 6, 2019 Diane Mason, a 20-year HR veteran and Partner at Affinity, an IT recruitment and consulting organization shares 4 things she learned about hiring top performers and strategies for working with recruiters to yield the best results: 1. Find a Recruiter who can Work with Your Internal Processes

3 years ago

Senate Democrats seek Fed probe into Deutsche Bank and Trump

A group of U.S. Senate Democrats is urging the Federal Reserve to investigate Deutsche Bank AG's relationship with President Donald Trump and his son-in-law and adviser Jared Kushner.



3 years ago

Aion Network Launches First Blockchain Virtual Machine on Java

Coindesk | Daniel Kuhn | June 6, 2019 Aion Network, a non-profit aiming to “rebuild an internet that puts users first” through broadening the use of blockchain, announced a new virtual machine built on top of the popular Java Virtual Machine (JVM). This marks the first blockchain virtual machine available to Java developers. The Aion

3 years ago

FCA-Renault merger collapse a blow for Goldman and its alumni network: sources

The collapse of merger talks between Fiat Chrysler Automobiles(FCA) and Renault marks a setback for a tight network of current and former Goldman Sachs' bankers who tried to convince the French political establishment to back the deal.



3 years ago

Wall Street rises with hope of Mexican tariff delay

Wall Street's main indexes added to gains in a choppy session on Thursday, as investors showed some optimism on trade after Bloomberg reported that the United States is considering delaying imposing tariffs on Mexican imports.



3 years ago

Amazon's Bezos says robotic hands will be ready for commercial use in next 10 years

Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work around the world.



3 years ago

AIG to reach out to shareholders over executive pay: CEO

American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval.



3 years ago

U.S. pushes Mexico for more in talks over tariffs and border

Mexican and U.S. officials resumed talks on trade and migration on Thursday, with the Trump administration resisting calls from U.S. businesses and some Republican lawmakers to ease up on a plan to impose import tariffs on its southern neighbor.



3 years ago