New U.S. rule on payday loans to hurt industry New U.S. rule on payday loans to hurt industry, boost banks: Revenues for the $6 billion payday loan industry will shrivel under a new U.S. rule restricting lenders’ ability to profit from high-interest, short-term loans, and much of the business could […]
USA Business and Regional News
Wall Street starts quarter higher data signals strength Wall Street starts quarter higher data signals strength: U.S. stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of U.S. […]
Equifax failed to patch security vulnerability in March Equifax failed to patch security vulnerability in March: Equifax Inc (EFX.N) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO […]
Britain May fires warning to Boeing over Bombardier trade dispute Britain May fires warning to Boeing over Bombardier trade dispute: Prime Minister Theresa May told U.S. planemaker Boeing (BA.N) on Thursday that its behaviour in a trade dispute with Canada’s Bombardier (BBDb.TO) was undermining its commercial relationship with Britain. May […]
S&P ekes out record on healthcare gains tax plan hopes S&P ekes out record on healthcare gains tax plan hopes: Wall Street edged higher on Thursday, as the S&P 500 eked out a record on gains in McDonald’s and healthcare names, while investors continued to hope President Donald Trump will […]
U.S. slaps steep duties on Bombardier jets after Boeing complaint U.S. slaps steep duties on Bombardier jets after Boeing complaint: The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to […]
Bombardier would not pick up tab for duties on CSeries jet Bombardier would not pick up tab for duties on CSeries jet: Canada’s Bombardier Inc is unwilling to swallow the extra cost for airlines if the United States slaps duties on its CSeries jet and is keen to press ahead […]
Global stocks off after North Korea says U.S. declared war euro slides Global stocks off after North Korea says U.S. declared war euro slides: Stocks fell on Wall Street and U.S. government bond yields dropped on Monday after North Korea accused the United States of having declared war on the […]
Toshiba tells banks chip deal delayed as Apple yet to approve Toshiba tells banks chip deal delayed as Apple yet to approve: Toshiba Corp (6502.T) told its main banks on Monday it has not signed the $18 billion sale of its semiconductor business because Apple Inc (AAPL.O), a member of […]
Target raises minimum hourly wage to $11 pledges $15 by end of 2020 Target raises minimum hourly wage to $11 pledges $15 by end of 2020: Target Corp (TGT.N) said on Monday it would increase its minimum hourly wage this year by a dollar to $11, vowing to raise this by […]
