U.S. Homeland Security probes possible abuse in Twitter summons case The U.S. Homeland Security Department's inspector general said on Friday he was investigating possible abuse of authority in a case that triggered a lawsuit against the department by Twitter Inc (TWTR.N). Inspector General John Roth described the probe in a […]
Business News USA
U.S., global financial leaders skirt trade frictions, tout collaboration Global economic leaders on Friday continued downplaying possible friction with the Trump administration over currencies, trade and other potentially contentious issues, even while acknowledging that much about the U.S. president's plans remains unclear. On a day when Donald Trump himself seemed […]
United CEO Munoz will not chair board in 2018 following passenger furor United Continental Holdings Inc (UAL.N) said on Friday Chief Executive Oscar Munoz will not become chairman in 2018, under an amendment to his employment agreement approved after an uproar over the treatment of a passenger. In a reversal […]
Hot U.S. real estate a potential red flag Hot U.S. real estate a potential red flag:- The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reserve official said on Tuesday, urging regulators globally to consider tools beyond interest rates that could help cool […]
Fed on track to raise U.S. rates twice more this year Fed on track to raise U.S. rates twice more this year:- The Federal Reserve is on track to raise interest rates twice more this year after a policy tightening last week, and it could be more or less aggressive […]
Mexico cranks up antitrust rules against Slim America Movil Mexico cranks up antitrust rules against Slim America Movil:- Billionaire Carlos Slim's America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure. America […]
Electronics store RadioShack files for bankruptcy again U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp. The Chapter 11 filing comes after RadioShack, owned […]
Dollar firm in Asia, resource shares on the run Dollar firm in Asia, resource shares on the run:- The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong U.S. jobs data made a rate hike a near certainty, while oil struggled to find its footing after […]
