Business Highlights

Business Highlights (Source)

Trump calls on Federal Reserve to cut interest rates

President Donald Trump is calling on the Federal Reserve to begin cutting interest rates, saying the economy will take off like a "rocketship" if the Fed begins loosening policy. Trump, speaking...

Column: Living in California means ignoring risk of disaster

In the winter of 2009, my wife and I found a house that looked like a great place to start our family, a three-bedroom in a hilly subdivision surrounded by...

Nissan shareholders approve dismissal of Carlos Ghosn from board following his arrest on financial...

Nissan shareholders approve dismissal of Carlos Ghosn from board following his arrest on financial misconduct charges (Source)

Investor activists will campaign against Sturm Ruger directors

BOSTON (Reuters) - Investor activists said on Monday they will campaign to unseat two directors at gunmaker Sturm Ruger & Co, citing what they called its resistance to their concerns...

Chinese authorities shut down site of deadly chemical blast

Authorities are shutting down an eastern China industrial park after 78 people were killed last month by a chemical explosion, the city government said Friday. Local departments have met to discuss...

Bridgewater warns of peak U.S. profit margins, lower stock prices

(Reuters) - The major drivers of high U.S. corporate profit margins are unsustainable and “now under threat”, which will eventually result in much lower equity prices, Bridgewater Associates, the world’s...

To save time and money, companies roll out caregiving benefits

NEW YORK (Reuters) - When Laura Hirsch of Keller Texas had to find a rehabilitation center to help her father recover from a difficult surgery in September, the caregiving service...

Short European stocks still ‘most crowded trade,’ BAML survey shows

LONDON (Reuters) - Short positioning on European equities was the “most crowded trade” for the second straight month in April, a survey of fund managers by Bank of America Merrill...

Morgan Stanley to become top shareholder in China funds venture with stake increase

A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas JacksonSHANGHAI/HONG KONG (Reuters) - Morgan Stanley has won an auction to buy an...

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PatentReal Corp launches new emission-free biomass technology – Bloomberg

According to Bloomberg, PatentReal Corp is a juggernaut in the technology-driven field, and the company has already etched its name in gold as one...

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