WASHINGTON (Reuters) – China has offered U.S. President Donald Trump a package of proposed purchases of American goods and other measures aimed at reducing the U.S. trade deficit with China by some $200 billion a year, U.S. officials familiar with the proposal said.
Pipeline operators Enbridge Inc, Williams Cos and Cheniere Energy Inc said on Thursday they would restructure after a U.S. rule change removed a key tax benefit for publicly traded partnerships controlled by those companies. Williams said it would buy all common units of its master limited partnership (MLP) Williams Partners in a deal valued at $10.5 billion. Enbridge said it would buy its independent units including Spectra Energy Partners and Enbridge Energy Partners as well as its pipeline assets and bring then under a single listed entity for …read more […]
(Reuters) – CBS Corp’s board on Thursday approved a special dividend that would cut controlling shareholder Shari Redstone’s stake in the U.S. media company to about 20 percent, a move that requires approval by a Delaware court.
NEW YORK (Reuters) – David Tepper’s Appaloosa Management and two of his funds received Federal Trade Commission clearance earlier this week that could clear the way for the billionaire to become an activist investor in drugmaker Allergan Plc.
The bizarre recent tale of ZTE is getting another wrinkle. Earlier today, a …read more […]
NEW YORK (Reuters) – Brookfield Property Partners is in talks to acquire a stake in a Manhattan office tower majority-owned by a company that was previously run by Jared Kushner, son-in-law of U.S. President Donald Trump, a source familiar with a potential deal said on Thursday.
NEW YORK (Reuters) – United Airlines’ chief financial officer, Andrew Levy, has stepped down, the carrier said on Thursday, a major management shakeup at a time when the airline’s financial performance has been lagging rivals.
(Reuters) – Billionaire investor Carl Icahn disclosed a 9.38 pct stake in insurer AmTrust Financial Services Inc on Thursday.
NEW YORK (Reuters) – Wall Street ended a choppy trading session lower on Thursday, as investors grappled with escalating trade tensions and rising oil prices.
(Reuters) – A judge sided on Thursday with Shari Redstone in her battle to retain control over CBS Corp and dealt a setback to the U.S. media company’s plans to strip her voting power.
NEW YORK (Reuters) – U.S. companies could plow more of the money saved from sweeping tax cuts into business investment later this year, perhaps even surpassing a jump in first-quarter capital expenditure that was the highest in almost seven years, strategists and analysts said.
NEW YORK (Reuters) – Worries about rising oil prices have begun to creep into U.S. retailers’ earnings calls, and investors are raising concerns that those costs may slow discretionary spending among Americans and push down the performance of the retailers’ shares.
STOCKHOLM (Reuters) – Inter IKEA, owner of the IKEA Concept and the worldwide IKEA franchisor, said on Thursday it had signed an memorandum of understanding with S.A.C.I. Falabella to grant franchise rights for IKEA stores in Peru, Chile and Colombia, the first IKEA stores in South America.
NEW YORK (Reuters) – United Airlines’ chief financial officer, Andrew Levy, is stepping down, the carrier said on Thursday, in a major management shuffle amid the airline’s lagging financial performance versus rivals.
(Reuters) – Wall Street ended lower after a choppy trading session on Thursday, as investors grappled with escalating trade tensions and rising oil prices.
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