FAN Editor, Author at FAN

Ethics body questions ex-EPA chief’s $50-a-night condo deal

Posted on March 26, 2019 by FAN Editor

article Federal ethics officials are balking at a $50-a-night Washington condo deal by former Environmental Protection Agency chief Scott Pruitt. Continue Reading Below The Office of Government Ethics said in a finding posted Tuesday that it would not approve one of Pruitt’s last financial disclosure reports after his resignation amid ethics scandals last July. Pruitt rented a luxury Capitol Hill condo from the wife of a lobbyist for a bargain rate of $50 a night….

Macron calls on China and EU to strengthen multilateralism

Posted on March 26, 2019 by FAN Editor

French President Emmanuel Macron poses with German Chancellor Angela Merkel, European Commission President Jean-Claude Juncker and Chinese President Xi Jinping prior to their meeting at the Elysee presidential palace in Paris, France, March 26, 2019. Thibault Camus/Pool via REUTERS March 26, 2019 PARIS (Reuters) – French President Emmanuel Macron on Tuesday said competition between the European Union and China must not lead to a breakdown in world trade systems or political isolationism, as his Chinese…

Xi says cooperation is mainstream in China-Europe ties

Posted on March 26, 2019 by FAN Editor

French President Emmanuel Macron, German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker welcome Chinese President Xi Jinping at the Elysee Palace in Paris, France, March 26, 2019. REUTERS/Philippe Wojazer March 26, 2019 Free America Network Articles

China vows to cut burden of social security costs for small firms

Posted on March 26, 2019 by FAN Editor

FILE PHOTO: A woman works at a workshop of a textile manufacturer in Binzhou, Shandong province, China February 11, 2019. China Daily via REUTERS March 26, 2019 BEIJING (Reuters) – China will forbid action by local governments that boost the burden of social security costs for small and micro firms, state television said on Tuesday, citing a state cabinet meeting chaired by premier Li Keqiang. China has vowed to reduce costs for SMEs in a…

Bed Bath & Beyond soars 20% on report activists launching fight to throw out entire board

Posted on March 26, 2019 by FAN Editor

Bed Bath & Beyond rocketed about 20 percent higher Tuesday morning following a report that three different activists are trying to replace its entire 12-person board. The sharp move higher comes after the Wall Street Journal reported that Legion Partners Asset Management, Macellum Advisors and Ancora Advisors will try to leverage their collective 5 percent stake to prepare to launch a proxy fight at the big-box retailer. The stock was poised for its best day…

Despite earnings slowdown and recession fears, US stocks are still seen as best bet on the globe

Posted on March 26, 2019 by FAN Editor

Things might look a little gloomy in the world’s biggest economy, with slowing earnings growth and a recession fears in the bond market, but stocks are still holding up just fine. That’s probably because the rest of the world is doing much worse than America. With the unresolved trade dispute hurting China, which is already growing at its slowest pace since 1990, Brexit risk continually weighing on Europe and the U.K., and with new signs…

Global stocks rebound after slide on growth worries

Posted on March 26, 2019 by FAN Editor

U.S. equity futures jumped higher on Tuesday, rebounding from a recent slide on worries about U.S. and European economic growth. Continue Reading Below Traders had been rattled by a drop in long-term bond yields, which many see as a warning sign of a possible recession. Dow Jones futures were rising by 0.5 percent. The S&P 500 added 0.5 percent and the Nasdaq Composite was up 0.5 percent. Apple announced plans on Monday to launch a…

Wayfair to open first permanent mall store

Posted on March 26, 2019 by FAN Editor

Online furniture seller Wayfair is expanding its physical presence, opening its first permanent mall store later this year. Online retailers like Wayfair have embraced physical stores as a way to boost sales and let shoppers touch and feel products. Online mattress seller Casper, for example, announced plans to open 200 stores in the next couple of years. And online clothing brands Bonobos and Untuckit expect to open more shops, too. Continue Reading Below Wayfair says…

Storms approaching West Coast as Midwest rivers remain high

Posted on March 26, 2019 by FAN Editor

As a major storm moved east yesterday, golf ball-sized hail and damaging winds were reported throughout the Deep South, especially sections of Alabama. While that system is moving along, a series of storms over the Pacific Ocean takes aim at the West Coast, after which the storms will continue moving west to east with heavy rain, snow and thunderstorms stretching into the Midwest. (ABC News) The new storm is tracking toward the West Coast. By…

What’s next for Michael Avenatti after arrest?

Posted on March 26, 2019 by FAN Editor

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