Stocks, dollar recover as markets try to move past Trump policy stumble Stocks, dollar recover as markets try to move past Trump policy stumble:- Asian stocks advanced on Tuesday after Wall Street steadied and the dollar bounced from a four-month-low, as anxiety over Donald Trump's setback on healthcare reform gave way to tentative […]
Business
Business
Once golden, Robert Rubin hedge fund proteges lose some luster Once golden, Robert Rubin hedge fund proteges lose some luster:- Learning to invest on Goldman Sachs' (GS.N) risk arbitrage desk, made famous by leader Robert Rubin, was once seen as a fast track to fortune. But the band of hedge fund protégés who […]
U.S. stock futures hit six-week low on failed healthcare bill U.S. stock futures hit six-week low on failed healthcare bill:- U.S. stock index futures hit six-week lows on Monday after President Donald Trump failed to push through his healthcare bill, raising concerns about his ability to deliver on his economic […]
AIG executives meet analysts to push resiliency message AIG executives meet analysts to push resiliency message:- American International Group Inc (AIG.N) executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter […]
U.S. business spending picking up, but may slow in second quarter U.S. business spending picking up, but may slow in second quarter:– New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in […]
Trump greenlights Keystone XL pipeline, but obstacles loom Trump greenlights Keystone XL pipeline, but obstacles loom:- U.S. President Donald Trump's administration approved TransCanada Corp's (TRP.TO) Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. The approval reverses a […]
Bull market not dead as tax reform takes spotlight Bull market not dead as tax reform takes spotlight:- The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors […]
SEC charges two Israeli residents with Mobileye insider trading SEC charges two Israeli residents with Mobileye insider trading:- Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be […]
New home sales hit seven-month high; jobless claims rise New home sales hit seven-month high; jobless claims rise:- New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates. Other data on Thursday showed […]
Samsung Elec signals no holding company move for now Samsung Elec signals no holding company move for now:- Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time, rejecting U.S. activist hedge fund Elliott Management's proposal and ruling out […]
