Parisians remained largely unfazed Friday as the Seine River continued to rise and approach peak levels. The Paris region has been deeply affected by the floods that hit the country over the past week, but in the capital city, it was business as usual for the most part. The Seine […]
FAN Editor
At Davos, top execs discuss the #MeToo movement and women at work
Women’s equality is a hot topic this week at the World Economic Forum in Davos, Switzerland, where global business and government leaders gather annually to discuss pressing social and economic issues. This year there have been dozens of panels and events on gender, diversity and inclusion, and two specifically focused […]
Apple’s guidance for this quarter could be really bad, BTIG analyst says
Apple will give a forecast for this current quarter that may shock investors, according to a BTIG analyst Walter Piecyk. “Smartphone upgrade rates remain at record low levels and do not appear poised to rebound in the first calendar quarter,” stated the analyst in a Friday note entitled “How bad […]
FedEx to give wage increases, bonuses to workers
MEMPHIS, Tenn. – FedEx says it’ll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company’s pension plan, citing recent tax reform legislation. Continue Reading Below The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks and Walmart. FedEx Corp. said […]
German union head: Strikes could escalate if no deal soon
FRANKFURT, Germany – The head of Germany’s largest industrial workers’ union says strikes could escalate if no deal for a new labor agreement can be reached by noon Saturday. Continue Reading Below Joerg Hoffmann said Friday that the IG Metall union was talking again with employers in the southern industrial […]
Trump speaks at Davos: ‘America is the place to do business’
President Donald Trump defended his “America First” policy agenda on center stage Friday at the World Economic Forum in Davos, Switzerland, telling business and political leaders the United States “is open for business.” “Now is the perfect time to bring your business, your jobs, your investments to the United States,” […]
Trump sends “warmest regards” to Africa after “sh*thole countries” row
DAVOS, Switzerland — President Donald Trump sought to mend relations Friday with a key African leader in the aftermath of his controversial comments about African nations, praising the U.S. partnership with Rwanda along the sidelines of the annual World Economic Forum. Mr. Trump’s meeting with Rwandan President Paul Kagame came […]
Dividend investors: Here’s how tax reform will affect your 2018 payouts
Investors seeking dividends can expect bigger payouts in the years ahead, according to Goldman Sachs (GS). Continue Reading Below The bank raised their S&P 500 dividend per share forecasts due to the tax overhaul, noting that a steeper trajectory for EPS growth will result in large dividends. “We increase our […]
US economy grew at solid 2.6 percent rate in fourth quarter
The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The Commerce Department says the fourth quarter advance in the gross domestic product, […]
British judge to decide next month on Assange’s bid for possible freedom
FILE PHOTO: WikiLeaks founder Julian Assange is seen on the balcony of the Ecuadorian Embassy in London, Britain, May 19, 2017. REUTERS/Peter Nicholls/File Photo January 26, 2018 By Michael Holden LONDON (Reuters) – WikiLeaks founder Julian Assange, holed up in the Ecuadorean Embassy in London for over five years because […]