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Trump, aides celebrate Jerusalem embassy, as border burns

Amid deadly clashes along the Israeli-Palestinian border, President Donald Trump declared Monday a “great day” for Israel as his top aides celebrated the opening of the new U.S. Embassy in Jerusalem as a campaign promised fulfilled. Trump’s daughter Ivanka and son-in-law Jared Kushner, along with Treasury Secretary Steve Mnuchin, led the U.S. delegation with a single message: Only Trump had the courage to act on what America has wanted for a long time. Because when President Trump makes a promise, he keeps it,” Kushner said. …read more […]

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Business News

U.S. safety agency wants meetings with automakers on Takata recall

WASHINGTON (Reuters) – The National Highway Traffic Safety Administration said Monday it had written 12 major automakers, asking for meetings after the agency said the companies failed to meet a December 2017 target deadline for completing repairs on the highest-priority vehicles with Takata air bag inflators.

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Trading Ideas

Sears forms committee for sale of Kenmore, home improvement unit

Billionaire investor Eddie Lampert had last month asked the company’s board to sell these assets, adding that his hedge fund ESL Investments Inc would bid in any sale. ESL had bid $500 million for the home improvement and parts direct and said it planned to table a bid for Kenmore and the chain’s real estate assets. Lampert, who is also the Chief Executive Officer of the company, had said he would excuse himself from any discussions or decisions for any potential transaction involving ESL as a buyer. …read more […]