WASHINGTON – In a brash move likely to roil insurance markets, President Donald Trump will “immediately” halt payments to insurers under the Obama-era health care law he has been trying to unravel for months. Continue Reading Below The Department of Health and Human Services made the announcement in a statement […]
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IMF’s Lagarde urges leaders to find ways to spread wealth
WASHINGTON – World leaders should take advantage of the healthiest global growth in years to pursue policies that will spread prosperity to those being left behind, the head of the International Monetary Fund is arguing. Continue Reading Below “It is not time to be complacent,” IMF Managing Director Christine Lagarde […]
Stock Offerings, Buybacks, Shorts, and Another Inexplicable Name Change
On this Market Foolery podcast, host Chris Hill and Motley Fool Asset Management’s Bill Barker review the most interesting tidbits from the business world today: Delta (NYSE: DAL) beat on earnings for the third quarter, and performed well despite the impact of heavy weather, and chipmaker Micron (NASDAQ: MU) is preparing a […]
Trump nails Obamacare with decision to cut off billions in subsidies
U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets. Continue Reading Below The decision is the most dramatic action Trump has taken yet to […]
Country star Jason Aldean resumes tour after Vegas shooting
TULSA, Okla. – Country star Jason Aldean brought the party back Thursday in his return to the stage following the deadly mass shooting that broke out while he was performing in Las Vegas, but the fun was tempered by the sting of the tragedy. Continue Reading Below Three songs into […]
Toshiba, Bain executives join to push for memory-chips sale
YOKKAICHI, Japan – The heads of Toshiba’s memory chip business and Bain Capital, the investment fund buying it, said Friday they hope to close the deal by March despite persisting opposition from Toshiba’s U.S. joint venture partner Western Digital. Continue Reading Below Appearing with Toshiba Memory Chief Yasuo Naruke, Bain […]
South Korea, China extend currency deal despite missile row
SEOUL, South Korea – South Korea says that Seoul and Beijing have agreed to extend their currency swap deal, easing concerns the deal would fall through due to tensions over a U.S. missile defense system. Continue Reading Below South Korea’s central bank and its finance ministry said Friday in a […]
China’s trade growth accelerates in September
BEIJING – China’s trade growth accelerated in September in a sign of resilient global and domestic consumer demand. Continue Reading Below Trade data on Friday showed exports rose 8.1 percent, up from August’s 5.5 percent. Imports rose 18.7 percent, an improvement from the previous month’s 13.3 percent. The figures were […]
Fidelity tests virtual reality for customer service training
Fidelity Investments is testing virtual reality technology to train customer service representatives in its call centers across the United States. Continue Reading Below The company’s innovation unit Fidelity Labs said in a blog post on Friday that it had developed and tested a virtual reality prototype to train employees on […]
China’s trade growth accelerates in September; exports rise 8.1 percent, imports up 18.7 percent
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