FILE PHOTO – A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. REUTERS/Nacho Doce January 21, 2018 SAO PAULO (Reuters) – Private equity firm Advent is in talks to buy 50 percent of Wal-Mart Stores Inc’s <WMT.N> operations in […]
FAN Editor
Government shutdown to enter 3rd day amid last-minute negotiations
The government shutdown will remain in effect going into Monday, after senators failed to come to an agreement to end it late Sunday night. Majority Leader Sen. Mitch McConnell attempted to schedule a vote Sunday night that would bring the shutdown to an end, but Minority Leader Sen. Chuck Schumer […]
Congress seeks deal to end government shutdown in flurry of negotiations
House and Senate lawmakers engaged in another round of negotiations to end the government shutdown as the impasse continued into the second day, with both chambers reconvening with the goal of striking a deal on spending and immigration that would reopen federal agencies ahead of the work week. Sunday morning, […]
Congress seeks deal to end shutdown in flurry of negotiations
House and Senate lawmakers engaged in another round of negotiations to end the government shutdown as the impasse continued into the second day, with both chambers reconvening with the goal of striking a deal on spending and immigration that would reopen federal agencies ahead of the work week. The prospects […]
Retail under Trump: More cash, different problems
The Tax Cuts and Jobs Act is going to put more cash in the pockets of many retailers, but it’s not going to save the industry or its employees. Lowering the corporate tax rate from 35 percent to 21 percent disproportionately impacts the largely domestic retail industry. The new law […]
Calif. highway swamped by deadly mudslides reopens
A coastal California highway swamped by deadly mudslides reopened Sunday after a nearly two-week closure that caused traffic headaches across the region, state officials said. Traffic began moving again on U.S. 101 in Santa Barbara County shortly after noon, according to Jim Shivers, spokesman for the California Department of Transportation. […]
Wall Street Week Ahead: Where Netflix goes, Big Tech may follow
Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., January 8, 2018. REUTERS/Brendan McDermid January 21, 2018 By Noel Randewich SAN FRANCISCO (Reuters) – Netflix Inc’s <NFLX.O> quarterly results on Monday may offer an advanced preview of whether Facebook Inc <FB.O>, Amazon.com Inc […]
Saudi Arabia asks banks for proposals to refinance $10 billion loan, raise more debt
FILE PHOTO: A vehicle drives past the King Abdullah Financial District in Riyadh, Saudi Arabia, October 18, 2017. REUTERS/Faisal Al Nasser/File Photo January 21, 2018 DUBAI (Reuters) – Saudi Arabia has asked banks for proposals to refinance its $10 billion international syndicated loan and to help the sovereign raise funds […]
California highway reopens 2 weeks after mudslides
SANTA BARBARA, Calif. — California officials announced the reopening of Highway 101 on Sunday nearly two weeks after mudslides killed at least 21 people and destroyed nearly 130 homes in Montecito. Traffic began moving again on U.S. 101 in Santa Barbara County shortly after noon, according to Jim Shivers, spokesman […]
California highway reopens two weeks after mudslides
SANTA BARBARA, Calif. — California officials announced the reopening of Highway 101 on Sunday nearly two weeks after mudslides killed at least 21 people and destroyed nearly 130 homes in Montecito. Traffic began moving again on U.S. 101 in Santa Barbara County shortly after noon, according to Jim Shivers, spokesman […]