Former CKE Restaurants CEO Andy Puzder explains why Elizabeth Warren is slipping in the polls. WASHINGTON, Dec 17 (Reuters) – U.S. President Donald Trump plans to attend the annual Davos economic forum in January, a source familiar with the plan said on Tuesday. Continue Reading Below President Trump last attended […]
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Goldman Sachs says it will support ‘green’ initiatives more forcefully
FOX Business’ Charlie Gasparino discusses how Goldman Sachs could reportedly eye the acquisition of E-Trade as it continues to expand into retail space. Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it […]
Ford recalls 547,538 trucks, says interiors can catch fire
Former Ford CEO Mark Fields discusses the impact USMCA will have on North American trade and U.S. manufacturing. (Reuters) – Ford Motor Co said on Friday it would recall 547,538 of its Ford Super Duty pickup trucks across the United States, Canada and Mexico, citing the risk of a post-crash […]
EU agrees to start British trade talks after Brexit deal approved: Sources
The U.K.’s Conservative Party has won a 73 seat majority in Parliament. FOX Business’ Ashley Webster with more. BRUSSELS, Dec 13 (Reuters) – The European Union‘s 27 national leaders agreed at a summit on Friday to move to trade talks with Britain after the “ratification and effective implementation” of the Brexit deal, diplomatic sources said. Continue Reading Below […]
Constellation pulls brands from E. & J. Gallo Winery deal
Dahlonega-Lumpkin Chamber and Visitors Bureau director Sam Duffie discusses the industries thriving in his region of Georgia and the challenges it’s facing. Dec 12 (Reuters) – Constellation Brands Inc said on Thursday it had withdrawn some brands, including Cook’s California, from its deal with E. & J. Gallo Winery after regulatory concerns, […]
China raises red flag on Boeing’s 737 Max rehab attempt
FOX Business’ Hillary Vaughn reports on the Boeing whistleblower’s testimony before Congress and what the FAA intends to do to punish Boeing over 737 Max issues. BEIJING/SYDNEY Dec 12 (Reuters) – China has raised “important concerns” with Boeing Co regarding design changes proposed to end the grounding of the Boeing […]
Wall Street, Fed prep to avoid year end disruption in repo markets
Federal Reserve chair Jerome Powell says they will be ready to adjust repo operations if it becomes necessary. With memories of September’s historic spike in short-term funding costs still raw, Wall Street and the Federal Reserve are gearing up for another potential cash crunch at year end. Continue Reading Below […]
China buys US soybeans after Beijing issues new tariff waivers: Traders
A soybean farmer discussed on ‘Mornings With Maria’ how the China trade war is negatively impacting farmers, but he agrees something had to be done by President Trump. CHICAGO — Chinese soy importers on Monday bought at least five bulk cargo shipments of U.S. soybeans, or about 300,000 tonnes, for shipment […]
FDA issues warning to Alkermes over Vivitrol opioid addiction treatment ad
FOX Business’ Kristina Partsinevelos discusses how the pharmaceutical industry is spending big on mergers and acquisitions, specifically in cancer drugs. Dec 11 (Reuters) – A print advertisement of Alkermes Plc’s addiction treatment, Vivitrol, is false or misleading as it omits important risk information associated with its use, the Food and […]
FAA chief to testify before Congress on grounded Boeing 737 Max
Delancey Strategies chief strategist and pilot Jared Levy comments on Boeing announcing the return of the 737 MAX to commercial service in January 2020. WASHINGTON, Dec 11 (Reuters) – Federal Aviation Administration (FAA) chief Steve Dickson will testify Wednesday before Congress on the series of steps that must be completed before the agency will allow Boeing Co’s grounded 737 MAX, involved in two fatal […]