The author of an investment newsletter said Wednesday he will help a major digital assets fund open its New York office at the beginning of November. The announcement follows news in September that former Fortress hedge fund manager Michael Novogratz plans to launch a similar $500 million fund. Paul Brodsky […]
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Puerto Rico governor and Trump to meet at White House
The White House says President Donald Trump and Puerto Rico Gov. Ricardo Rosello will meet Thursday to discuss the recovery and rebuilding effort on the island after it was ravaged by back-to-back hurricanes. White House press secretary Sarah Huckabee Sanders says Rosello will visit the White House. The meeting comes […]
Maltese prime minister promises reward to uncover journalist killer
People gather for a candlelight vigil in memory of Malta’s journalist Daphne Caruana Galizia in Brussels, Belgium, October 18, 2017. REUTERS/Yves Herman October 18, 2017 By Crispian Balmer VALLETTA (Reuters) – Prime Minister Joseph Muscat offered on Wednesday a major reward to anyone with information about the killing of prominent […]
Norway to appoint first woman foreign minister: reports
October 18, 2017 OSLO (Reuters) – Norwegian Defence Minister Ine Eriksen Soereide will on Friday be named minister of foreign affairs, making her the first woman to hold the post, local media reported on Wednesday. If confirmed, she will replace Boerge Brende, who last month was appointed president of the […]
Stock market crash inevitable, financial historian says
A market crash similar to the infamous Black Monday crash in 1987 — in which stocks around the world plummeted, and the Dow Jones Industrial Complex fell by more than 500 points — could be in the United States’ future, financial historian John Steele Gordon warned. Continue Reading Below “It […]
LVMH aims to build cognac stocks, starting with more vineyards
Bernard Arnault, Chairman and chief executive officer of LVMH Moet Hennessy Louis Vuitton SE, delivers a speech at the Viva Technology conference in Paris, France, June 16, 2017. REUTERS/Benoit Tessier October 18, 2017 By Sarah White COGNAC, France (Reuters) – Luxury goods maker LVMH <LVMH.PA> hopes to be well on […]
‘It’s all gone’: Hurricane-ravaged Dominica fighting to survive
Verlyn Peter picked her way through the wreckage of her home, searching for anything she and her family could save. “This used to be what we call our living room,” she said, then gestured to another area she said used to be her daughter’s bedroom. “It’s all gone,” Peter said. […]
Bootleg Libyan oil, shady havens: Slain reporter’s beats
ROME – Malta, a tiny archipelago nation in the southern Mediterranean, is so attractive to those looking to shelter funds or operate under the radar of authorities that it’s got a nickname to prove it: “treasure island.” Continue Reading Below Malta’s reputation as a tax haven, its cozy links with […]
US stocks on course for higher close, new records
U.S. stocks moved modestly higher in afternoon trading Wednesday, on course for the major stock indexes to set new records. Technology stocks and banks were among the biggest gainers as investors weighed the latest batch of company earning news. IBM surged on strong quarterly results. Crude oil prices edged higher […]
AG Sessions says he has not been interviewed by special counsel in Russia probe
Attorney General Jeff Sessions told the Senate Judiciary Committee Wednesday that he has not be interviewed by Special Counsel Robert Mueller in relation to the ongoing investigation into Russian interference into last year’s presidential election. Sessions hesitated when pressed by Sen. Patrick Leahy, D-Vt., about whether he met with Mueller […]