Tag: U.S.

November 6, 2015

Source photo New legislation introduced by Sen. Elizabeth Warren and 17 others would give Social Security recipients the same raise chief executives saw last year. The populist measure, which has little chance of passage, would give Social Security recipients a […]

November 5, 2015

Source photo The U.S. dollar’s rising momentum eased on Thursday in Asia as market participants calibrated odds of a Federal Reserve rate increase this year. The suggestion by several Fed officials that the U.S. central bank may start raising rates […]

November 4, 2015

  Source photo Lumber Liquidators Holdings Inc. is slated to reveal third-quarter results on Wednesday, before the stock market opens. Investors will be waiting to see whether the troubled hardwood-floor company LL, +1.43% can finally break its string of disappointing […]

November 4, 2015

Airbnb has survived what could have been a huge blow to its business in San Francisco. Proposition F, a local ballot measure that was seen as a threat to Airbnb in its hometown, has failed. The measure would have curbed […]

November 4, 2015

Source photo Insurance-focused outsourcing company Xchanging Plc said U.S.-based private equity firm Apollo Global Management LLC had dropped out of a race to potentially acquire the company. Xchanging, which offers services ranging from back-office invoice processing to insurance claims settlement, […]

November 4, 2015

Source photo US auto sales surged past expectations once again, and remained at the highest levels in a decade. According to Autodata, sales rose at an annualized pace of 18.24 million in October. The consensus forecast was an annualized pace […]

November 3, 2015

The company behind the Keystone XL pipeline on Monday asked to suspend its U.S. permit application, throwing the politically fraught project into an indefinite state of limbo, beyond the 2016 U.S. elections. Calgary, Alberta-based TransCanada Corp. TRP, +0.36% sent a […]

November 2, 2015

When a bank the size of HSBC, which has a $2.6 trillion (£1.7 trillion) balance sheet, looks at moving its headquarters, it creates waves. The bank said on Monday that its review into where its headquarters should be based is […]

November 2, 2015

The drug giants Pfizer and Allergan are in talks to merge. If successful, the deal could be the largest this year. Allergan has a market value of about $113 billion. It could also offer Pfizer something the US company has […]

October 30, 2015

Source photo The dollar was higher against the yen in choppy Asia trade Friday, supported by a local media report that the government is putting together a fresh fiscal stimulus in the form of a supplementary budget exceeding Y3 trillion […]

October 30, 2015

Source photo The two largest pharmacy-benefit managers in the U.S. said they’re ceasing work with a pharmacy used by Valeant Pharmaceuticals International Inc., dealing another blow to Valeant. VRX, -4.70% CVS Health Corp. CVS, -0.01% said it is terminating pharmacy […]

October 30, 2015

Source photo The United States is wary of a European Union proposal for a new court system to settle investment disputes as part of the world’s biggest free-trade agreement, U.S. Trade Representative Michael Froman said. A Pacific trade deal agreed […]

October 29, 2015

Source photo General Motors Co. has committed to shelling out $420 million in signing bonuses to lure hourly workers into approving a new four-year wage agreement that largely mirrors a pact struck with Fiat Chrysler Automobiles NV earlier this month. […]

October 29, 2015

U.S. Democratic presidential candidate Hillary Clinton called on Wednesday for reauthorization of the recently shuttered U.S. Export-Import Bank. Clinton, speaking during a campaign stop at St. Anselm College, urged the U.S. Senate to act on a procedural move made by […]

October 28, 2015

Given the large gap between retirement needs and retirement resources, our retirement programs need to work as well as possible. In the private sector, 401(k) plans, the main vehicle for retirement saving, are not working as well as they could. […]

October 28, 2015

Swedish builder Skanska said on Wednesday it was hopeful clients would reimburse it for cost increases in U.S. projects that hit its profits in the third quarter. Skanska said last week it would book 630 million crowns ($74.1 million) in […]

October 28, 2015

The regime change at the New York Department of Financial Services is far from over. Acting DFS superintendent Anthony Albanese is quitting, according to a report from The Wall Street Journal. His departure comes as New York Governor Andrew Cuomo’s […]

October 27, 2015

The White House and congressional leaders reached a tentative deal Monday on a two-year budget plan that also would raise the federal debt limit. If approved by Congress, the broad pact would allow House Speaker John Boehner (R., Ohio) to […]

October 26, 2015

Federal Reserve Chair Janet Yellen, praised as an adept listener and consensus builder, may need to adopt a stronger tone at this week’s policy meeting if she expects to keep a December interest rate rise in play. Yellen’s inclusive style […]

October 23, 2015

HSBC is considering moving its headquarters to the US – the country that fined the bank $1.9 billion (£1.3 billion) for breaching money-laundering rules in 2012 – according to a report in the Financial Times. The bank is reviewing whether […]