Businesses Coming to Terms With a Trump Presidency Businesses Coming to Terms With a Trump Presidency:- The prospect of a Donald Trump presidency unnerves businesspeople and economists who see him as a reckless novice who might disrupt trade and a struggling global economy. Financial markets sank Wednesday as Trump declared victory […]

Obama health plan hit by double-digit premium hikes Obama health plan hit by double-digit premium hikes:- Premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That’s sure to stoke another “Obamacare” […]

San Francisco lawsuit NYC law highlight global risks for Airbnb San Francisco lawsuit NYC law highlight global risks for Airbnb:- Airbnb, the online lodging service that investors now believe is worth $30 billion, faces a reckoning. In eight years of torrid growth, the company has often clashed with local public […]

Mexico regulators ordered bank stress tests to model Trump victory Mexico regulators ordered bank stress tests to model Trump victory:- Mexico’s financial authorities ordered the country’s banks to conduct stress tests to assess the potential impact of Republican candidate Donald Trump winning the upcoming U.S. presidential election, sources said on […]

A Texas unicorn preps for a rare oil IPO A Texas unicorn preps for a rare oil IPO:- Double Eagle Energy Permian LLC is a unicorn roaming the barren landscape of West Texas. Founded by a retired NFL player and his high school buddy – with land deals signed on the hood […]

Some businesses wary of using Donald Trump plush Florida resort Some businesses wary of using Donald Trump plush Florida resort:- A staple of Palm Beach’s high-end philanthropy circuit, the Mar-a-Lago Club boasts a rich history, an 800-seat ballroom and ocean views. But some major charities and fundraisers are now concerned […]

Bank of America Profit Rises 7.3% on Bond Trading Cost Cuts Bank of America Profit Rises 7.3% on Bond Trading Cost Cuts:- Bank of America Corp., the second-biggest U.S. lender by assets, said third-quarter profit rose 7.3 percent, beating analysts’ estimates, as revenue from fixed-income trading was better than predicted […]

Deutsche Bank May Be Forced to Shrink US Activities Welt Says Deutsche Bank May Be Forced to Shrink US Activities Welt Says:- Deutsche Bank AG may be forced to shrink its U.S. activities as part of a deal to settle litigation over residential mortgage-backed securities with the Department of Justice, […]