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Monthly Archives: March 2018

Kobe Steel CEO to quit over data fraud scandal

Toru Hanai | Reuters Kobe Steel President and CEO Hiroya Kawasaki bows as he meets with Ministry of Economy, Trade and Industry’s Director-General of Manufacturing Industries Bureau, Akihiro Tada at the ministry in Tokyo, Japan, October 12, 2017. Kobe Steel Ltd said on Tuesday its CEO will step down to …

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Rate hikes are necessary as the US nears full employment

Mary Catherine Wellons | CNBC Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas. In Kaplan’s view, consistent hikes are necessary especially with the unemployment rate at 4.1 percent, which he and other Fed officials consider to be right around full employment, or the point where nearly …

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US government says don’t buy it

Huawei CEO Richard Yu gives a press conference to present the new Huawei Balong 5G01, a 3GPP 5G commercial chipset on February 25, 2018 in Barcelona, on the eve of the inauguration of the Mobile World Congress (MWC). If you’re in the market for a new smartphone, you might want …

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There are people in the White House ‘that I want to change’

Yuri Gripas | Reuters President Donald Trump meets with North Korean defectors in the Oval Office of the White House in Washington, U.S., February 2, 2018. President Donald Trump said Tuesday he wants to change some members of his White House, while assuring that “there is no chaos, only great …

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Harley-Davidson says retaliatory tariffs will have a ‘significant impact’ on sales

John Taggart | Bloomberg | Getty Images Employees lift a motorcycle up to the shipping area on the assembly line at the Harley-Davidson Inc. manufacturing facility in York, Pennsylvania, U.S., on Tuesday, Nov. 3, 2015. Harley-Davidson said on Monday that a punitive, retaliatory tariff on its motorcycles in any market …

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If the US and Europe have a trade war, this could be the best way to trade it

Getty Images The United States Steel Corporation plant stands in the town of Clairton on March 2, 2018 in Clairton, Pennsylvania. With global investors nervously eyeing the trade rhetoric between the U.S. and Europe, a selection of analysts have given their tips on how to position for any upcoming import …

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Former Methodist minister Paul Flowers banned after sex and drug emails

Getty Images | Paul Thomas Paul Flowers, former chairman of Co-Operative Bank Plc, right, is surrounded by media as he leaves Leeds Magistrates Court in Leeds, U.K., on Wednesday, May 7, 2014. A former chairman of the Co-operative Bank has been banned from the financial services industry in the United …

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Buy UPS on the dip because the Amazon threat is overblown, Stifel says

Victor J. Blue | Bloomberg | Getty Images United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York. The decline in UPS shares this year is a great buying opportunity due to the company’s dividend, according to one Wall Street …

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USS Lexington sunk in World War 2 found by Microsoft’s Paul Allen

Paul Allen | Getty Images Wreckage from the USS Lexington, a US aircraft carrier which sank during World War II. The wreckage of a US aircraft carrier sunk during World War II has been found by Microsoft co-founder Paul Allen. The USS Lexington was located on Sunday at a depth …

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Trump to meet companies that use steel and aluminum to discuss tariffs: Bloomberg

Evan Vucci | AP President Donald Trump speaks during a meeting with steel and aluminum executives in the Cabinet Room of the White House, Thursday, March 1, 2018, in Washington. U.S. President Donald Trump is expected to meet on Thursday with executives of U.S.companies that use steel and aluminum to …

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