The U.S. is setting an example for the world in terms of tax friendliness, Barclays CEO Jes Staley told CNBC while at the World Economic Forum in Davos. “The USA has clearly embarked on a strategy to be very business friendly as a regulatory matter and now as a tax […]
FAN Editor
As many as five dead after train derails near Milan: fire brigade official
Rescue workers and police officers stand near derailed trains in Pioltello, on the outskirts of Milan, Italy, January 25, 2018. REUTERS/Stringer January 25, 2018 MILAN (Reuters) – A train derailment near Milan killed between three and five people on Thursday, a fire brigade official at the city’s control room told […]
US’s Mnuchin: ‘not concerned’ about near-term dollar value
DAVOS, Switzerland – U.S. Treasury Secretary Steven Mnuchin says the U.S is “not concerned” about the value of the dollar in the short-term. Continue Reading Below At a press briefing at the World Economic Forum on Thursday, Mnuchin said the short-term value of the dollar is dependent on many factors […]
Al Gore defends Trump, says he’s not to blame for tariffs on solar panels
Former Vice President Al Gore, by his own admission, does not make a habit of defending President Donald Trump. The U.S. president approved controversial tariffs on imported washing machines and solar cells on Monday. The move, which is aligned to Trump’s “America First” stance on trade, aims to protect domestic […]
Dollar slumps to a three-year low but it’s not worrying Europe … just yet
The U.S. dollar might have skidded to a three-year low but its depreciation is not worrying for Europe just yet, a top-ranking EU official told CNBC at the World Economic Forum in Davos, Switzerland. The euro was 0.2 percent higher against the dollar Thursday morning, trading at $1.2432. This after […]
China says it agrees to joint tanker collision probe with Panama, Iran, Hong Kong
The Sanchi tanker ablaze in open waters after colliding with a Chinese bulk ship. Korea Coast Guard/Yonhap via REUTERS January 25, 2018 BEIJING (Reuters) – The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed an agreement to jointly investigate a collision in the East China Sea […]
Colorado police officer fatally shot responding to call
A Colorado sheriff’s deputy was shot and killed on Wednesday after responding to a call, officials said. A manhunt was reportedly underway for as many as two suspects, according to Denver ABC affiliate KMGH, but officials have not provided any details about potential suspects. The officer, an Adams County sheriff’s […]
Grumpy Cat snatches lump of cash in California court
SANTA ANA, Calif. – It still won’t make her smile, but Grumpy Cat has won some scratch. Continue Reading Below A California jury gave the furry frown queen more than $700,000 this week in a federal lawsuit over the use of her identity. According to documents obtained by The Washington […]
Wall Street wobble, weak dollar pull Asian shares lower
TOKYO – Asian shares were mostly lower Thursday after stocks wobbled on Wall Street. A dip in the dollar’s value against other currencies and talk of a more nationalist U.S. trade policy by Commerce Secretary Wilbur Ross hit exporters’ shares. The dollar sagged against other currencies after Treasury Secretary Steven […]
Manhunt after deputy shot dead north of Denver
Last Updated Jan 25, 2018 2:19 AM EST Authorities have taken a suspect into custody and are looking for two others after a sheriff’s deputy was shot to death during a confrontation north of Denver. A spokesperson for the Adams County Sheriff’s Office says deputies were called to an “assault […]