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Monthly Archives: November 2018

NBA’s Steph Curry makes his Under Armour shoes available to girls

Jonathan Daniel | Getty Images Stephen Curry #30 of the Golden State Warriors drives to the basket past Wendell Carter Jr. #34 of the Chicago Bulls at the United Center on October 29, 2018 in Chicago, Illinois.  NBA player Steph Curry is making his signature basketball shoes with Under Armour …

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Mortgage rates could head lower after Powell comment cuts bond yield

With the Fed sounding more dovish, the bond market is adjusting and now signaling that rates for mortgages and other consumer loans could be lower in the near future than what was expected just a few days ago. Federal Reserve Chairman Jerome Powell on Wednesday soothed some market concerns that …

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GM President Dan Ammann taking over as CEO of Cruise autonomous unit

Elijah Nouvelage | Reuters A woman gets in a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, November 28, 2017. General Motors President Dan Ammann is taking over as CEO of the automaker’s Cruise autonomous vehicle unit, the company …

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US and China exploring suspension of more tariffs in exchange for new talks: WSJ

Jim Watson | AFP | Getty Images President Donald Trump (L) and Chinese President Xi Jinping walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017. The United States and China are exploring a trade pact that would halt further tariffs from Washington in exchange for …

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Trump cancels G-20 meeting with Putin, citing standoff with Ukraine

Jorge Silva | AFP | Getty Images US President Donald Trump and Russia’s President Vladimir Putin at the Asia-Pacific Economic Cooperation on November 11, 2017. President Donald Trump on Thursday cancelled his planned meeting with Russian leader Vladimir Putin at the upcoming G-20 summit in Argentina. Trump’s cancellation came an …

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Iraq could see new revenues from its troubled power sector, but bureaucracy remains a major hurdle, executives say

HAIDAR MOHAMMED ALI | AFP | Getty Images Flames rise from the burning of excess hydrocarbons at the Hammar Mushrif new Degassing Station Facilities site inside the Zubair oil and gas field. Iraq may be on the cusp of a revenue windfall after losing billions of dollars annually due to …

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Twitter suspends account it says impersonated Russia’s Putin

Dennis Grombkowski | Getty Images Sport | Getty Images  Vladimir Putin, President of Russia speaks during the Preliminary Draw of the 2018 FIFA World Cup in Russia at The Konstantin Palace on July 25, 2015 in Saint Petersburg, Russia.  Twitter said on Wednesday that it suspended an account for impersonating …

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Trump accuses Michael Cohen of lying about Trump Tower deal in plea 

Mark Wilson | Getty Images President Donald Trump speaks to the media before departing on Marine One on the South Lawn of the White House in Washington, DC.  President Donald Trump on Thursday accused his former personal lawyer Michael Cohen of lying to federal prosecutors about a proposed real estate …

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Nissan reportedly finds Ghosn didn’t disclose $80 million in pay

Philippe Wojazer | Reuters Carlos Ghosn, then-Chairman and CEO of the Renault-Nissan Alliance, speaks during a news conference in Paris, France, September 15, 2017. Ousted Nissan chairman Carlos Ghosn failed to disclose more than $80 million in deferred pay, the Wall Street Journal reported, citing an unnamed person familiar with …

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Dick’s Sporting Goods faces tough road after 30% surge in 2018: JP Morgan

Craig Warga | Bloomberg | Getty Images Mannequins stand next to merchandise displayed for sale at a Dick’s Sporting Goods Inc. store in West Nyack, New York. Dick’s Sporting Goods shares sank more than 3.6 percent in early trading Thursday after J.P. Morgan said the retailer’s future gains may be …

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