Supreme Court’s conservative justices appear to back Trump’s authority for travel ban The conservative majority on the Supreme Court seemed to agree Wednesday that President Trump has the authority to ban travelers from certain majority-Muslim countries if he thinks that it is necessary to protect the country. Lower courts have […]
New Allegations Emerge Against Ronny Jackson as White House Digs In Dr. Ronny L. Jackson, the White House physician nominated to lead the Veterans Affairs Department, provided such “a large supply” of Percocet, a prescription opioid, to a White House Military Office staff member that he threw his own medical […]
Portrait of the South, Served Up One Waffle House Order at a Time In the South, there sometimes seems no place more omnipresent than Waffle House, with its yellow-and-black signs surfacing near interstate exits, dotting night life districts and showing up in wealthy suburbs and run-down rural towns alike. The […]
Ex-Cop Arrested in Golden State Killer Case: ‘We Found the Needle in the Haystack’ It was a rash of sadistic rapes and murders that spread terror throughout California, long before the term was commonly used. The scores of attacks in the 1970s and 1980s went unsolved for more than three […]
Costa Coffee to break from Whitbread after investor pressure Costa Coffee will be spun off as an independent business after owner Whitbread (WTB.L) yielded to pressure from hedge fund investors who saw value in breaking up a group that also runs the Premier Inn hotel chain. Costa Coffee, second in […]
Google overhauls Gmail to lure businesses away from Microsoft Alphabet Inc’s (GOOGL.O) Google unveiled on Wednesday its first Gmail redesign since 2013, capping what the company says was an expensive overhaul two years in the making to adopt security and offline functionality and better resemble Microsoft Outlook. It is Google’s […]
Global banks fear China will limit JV control through new rule Western banks are seeking clarification from China’s securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors. Giving foreign financial firms […]
Hostile takeover? Daimler CEO says no fears about Chinese magnate Li Shufu German car maker Daimler AG’s (DAIGn.DE) boss said on Wednesday there was no indication the firm’s largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover after he took a $9 billion stake in the firm […]
BMW sees slower growth in China this year; local JV talks ongoing German luxury carmaker BMW (BMWG.DE) expects the pace of growth of its China sales to almost halve this year, the firm’s chief executive said on Wednesday, amid a broader slowdown in the world’s largest auto market. The firm […]
Credit Suisse delivers best quarter since Thiam’s revamp Credit Suisse delivered its best quarterly results on Wednesday since Chief Executive Tidjane Thiam launched his restructuring plan for Switzerland’s second-biggest bank in 2016, driven by its wealth management business. After 6.6 billion Swiss francs ($6.7 billion) of losses in 2015 and […]
