BOSTON (Reuters) – Billionaire hedge fund manager William Ackman, whose investment assets have shrunk by more than half in the last three years, has made a second round of staff cuts and laid off three investor relations team members, two sources familiar with the matter said on Tuesday.
Wisconsin Gov. Scott Walker’s full-throttled love of Harley-Davidson motorcycles has been intertwined with his rising political career, but now he must navigate revved up criticism of the Milwaukee-based company from President Donald Trump. Trump was referring to tariffs Harley-Davidson would face on motorcycles produced overseas and shipped back to the U.S. for sale. Walker has avoided directly criticizing Trump on the issue, repeatedly saying instead that no tariffs would be good for Wisconsin manufacturers and farmers. …read more […]
Facebook has announced that it will no longer pursue its dream of building a …read more […]
LONDON (Reuters) – Lloyds Banking Group is facing more pressure over its handling of a fraud at its HBOS Reading business that took place more than a decade ago, with the chair of Britain’s Treasury Committee calling for “maximum transparency” over the affair.
Cuban-American restaurant owner Irina Vilarino on how Red Hen Owner Stephanie Wilkinson resigned as executive director of Main Street Lexington and why it was wrong of her to kick White House Press Secretary Sarah Huckabee Sanders out of her restaurant. …read more […]
WASHINGTON (Reuters) – President Donald Trump on Tuesday endorsed U.S. Treasury Secretary Steven Mnuchin’s measured approach to restricting Chinese investments in U.S. technology companies, saying a strengthened merger security review committee could protect sensitive American technologies.
HOUSTON (Reuters) – When General Electric Co bought oilfield services giant Baker Hughes last July, it created a global industry colossus with $22 billion in annual revenue.
NEW YORK (Reuters) – U.S. stocks found their footing on Tuesday, helped by gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiraling global trade tensions.
WASHINGTON (Reuters) – Two U.S. senators urged President Donald Trump on Tuesday to reconsider his agreement with ZTE Corp , saying lifting a ban on China’s second-largest telecommunications maker poses “a significant threat” to national security.
WASHINGTON (Reuters) – A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday.
NEW YORK (Reuters) – U.S. stocks found their footing on Tuesday, helped by gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiraling global trade tensions.
WASHINGTON/CHICAGO (Reuters) – U.S. President Donald Trump threatened Harley-Davidson Inc with higher taxes on Tuesday and said the motorcycle maker, which he previously hailed as a model of American manufacturing, would suffer from a public backlash if it went ahead with a plan to move production for European customers overseas.
Find out which of these stocks fell the most. …read more […]
WASHINGTON (Reuters) – A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday.
(Reuters) – U.S. stocks rebounded on Tuesday on gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiraling global trade tensions.
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