Bitcoin hits all-time high as talk of U.S. ETF approval intensifies Bitcoin hits all-time high as talk of U.S. ETF approval intensifies:- Digital currency bitcoin hit a record high on Friday on optimism about the approval of the first U.S. bitcoin exchange-traded fund by the Securities and Exchange Commission. "There's […]
Keystone XL builders can use non-U.S. steel, White House says now Keystone XL builders can use non-U.S. steel, White House says now:- The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring […]
Neiman Marcus hires debt restructuring adviser Neiman Marcus hires debt restructuring adviser:- U.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd (LAZ.N) to explore ways to bolster its balance sheet as it seeks relief from $4.9 billion in debt, people familiar with the matter said on […]
PSA agrees to buy Opel from GM, wins board approval PSA agrees to buy Opel from GM, wins board approval:- France's PSA Group struck a deal with General Motors (GM.N) to buy the U.S. carmaker's loss-making Opel division, two sources with knowledge of the matter told Reuters. The board of PSA, […]
Uber used secret tool to evade authorities Uber used secret tool to evade authorities:- Ride services company Uber Technologies Inc for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday. The New York […]
U.S. finds China steel plate imports injure U.S. industry U.S. finds China steel plate imports injure U.S. industry:- The U.S. International Trade Commission said on Friday it had made a final finding that the U.S. industry was being harmed by the dumping and subsidization of imports of carbon and alloy […]
Caterpillar is sued by a shareholder after federal raid Caterpillar is sued by a shareholder after federal raid:- Caterpillar Inc was sued on Friday for allegedly deceiving shareholders about its business, one day after federal law enforcers raided three of its buildings in connection with a probe into the heavy […]
Investors bet Trump-fueled tech rally far from over Investors bet Trump-fueled tech rally far from over:– Technology companies have been a driving force behind the U.S. stock market's recent record rally, and despite mounting evidence of stretched valuations the sector remains a top pick for investors expecting a wave of […]
Yellen points to March rate hike as Fed signals end of easy money Yellen points to March rate hike as Fed signals end of easy money:- The U.S. Federal Reserve's long-stalled 'liftoff' of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to […]
U.S. State Department criticized over quiet release of human rights report U.S. State Department criticized over quiet release of human rights report:- The U.S. State Department released its annual report on human rights around the world on Friday but the release was overshadowed by criticism that Secretary of State Rex […]
