India’s government pledged on Wednesday to inject nearly $14 billion combined into all but one state-run lender by March in return for them implementing reforms, in a bid to boost lending and tackle a record bad debt problem. The funds will be injected into 20 lenders majority-owned by the government, […]
FAN Editor
Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo January 25, 2018 By Henning Gloystein SINGAPORE (Reuters) – Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th […]
Trump: I am willing to talk to Mueller under oath
President Trump says he is “looking forward” to speaking with Special Counsel Robert Mueller and would be willing to do so under oath. Trump made the comments during an impromptu gaggle with reporters in the White House West Wing Wednesday. He added that his lawyers would have to work out […]
Watch: Logan Paul returns to YouTube with new video
YouTube star Logan Paul is back, this time with a video about suicide prevention and a promise to listen and learn from his big mistake. That mistake was a video he posted in late December that showed an apparent suicide victim in a forest at the base of Mt. Fuji in Japan. […]
Trump heads to Swiss forum to push economic policies
WASHINGTON – President Donald Trump is ready to play salesman as he heads to an economic summit in the Swiss Alps, making the case that his “America First” agenda can go hand-in-hand with global cooperation. Continue Reading Below Trump is set to arrive at the World Economic Forum in Davos, […]
A group of scientists is trying to limit Trump’s nuclear authority
A group of scientists proposed a plan Wednesday that would limit presidential authority to unilaterally order a nuclear attack. The plan would require that the president first obtain approval from the next two officials in the presidential succession chain — the vice president and speaker of the House, according to […]
Ford has not done enough to be ‘fit’ says CEO Jim Hackett
Ford still has work to do to be a truly “fit” company, said CEO Jim Hackett on Wednesday. The second-largest automaker said it is not yet fit enough to offset headwinds from higher commodity prices, which the company expects to continue to affect finances in 2018. “Ford is a strong […]
Asia markets trade mixed as the dollar remains on the back foot
Major indexes in Asia traded mixed early on Thursday while the dollar remained on the back foot after tumbling in the last session. Japan’s benchmark Nikkei 225 declined 0.87 percent, with most sectors — including automakers, technology, manufacturing and financials — trading in negative territory. Major exporters traded lower following […]
Why Vuzix Stock Popped Today
What happened Continue Reading Below Shares of Vuzix (NASDAQ: VUZI) surged as much as 14.6% and closed up 8.5% on Wednesday, after the specialist in smart glasses and augmented reality completed a promising pilot with a large customer and then launched a new program to meet customer demand. More specifically, […]
Texas Instruments, Inc. Isn’t Complaining Over New Tax Rules
Semiconductor giant Texas Instruments (NASDAQ: TXN) reported fourth-quarter earnings Tuesday night. The company beat Wall Street’s revenue targets, but suffered a massive one-time tax charge, and share prices fell as much as 9.4% lower on Wednesday. Continue Reading Below Texas Instruments’ fourth-quarter results: The raw numbers Metric Q4 2017 Q4 […]