Fed officials jolt market with talk of pending rate hike Fed officials jolt market with talk of pending rate hike:- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too […]

Starbucks bets on super premium Roastery to lead Italy debut Starbucks bets on super premium Roastery to lead Italy debut:- Starbucks Corp (SBUX.O) is making a big bet on Italy, the home of espresso, with plans to debut in Milan late next year with a sprawling, super-premium Reserve Roastery in a turn-of-the-century […]

Starwood in talks on raising initial bid for Milestone Starwood in talks on raising initial bid for Milestone:- Milestone Apartments Real Estate Investment Trust, which has agreed to be acquired by Starwood Capital Group for about C$1.7 billion ($1.3 billion), is in talks with the U.S. private investment firm about […]

Time Warner merger review expected: U.S. regulator's chairman Time Warner merger review expected: U.S. regulator's chairman:- The head of the U.S. Federal Communications Commission does not expect to review AT&T Inc's (T.N) planned $85.4 billion acquisition of Time Warner Inc (TWX.N), a spokesman for the agency said on Monday. FCC […]

Illinois town in Trump territory backs detained immigrant Illinois town in Trump territory backs detained immigrant:- A southern Illinois community that solidly backed President Donald Trump has rallied behind a Mexican restaurant manager who doesn’t have legal permission to live in the U.S. and has been detained by immigration officials. […]

Trump budget plan boosts Pentagon, trims State Dept, EPA Trump budget plan boosts Pentagon, trims State Dept, EPA:- The White House will send federal departments a budget proposal on Monday containing the defense spending increase President Donald Trump promised, financed partly by cuts to the U.S. State Department, Environmental Protection […]

No cuts to U.S. entitlement programs in Trump budget No cuts to U.S. entitlement programs in Trump budget:- U.S. President Donald Trump's first budget proposal will spare big social welfare programs such as Social Security and Medicare from any cuts, Treasury Secretary Steven Mnuchin said in an interview broadcast on […]