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Tag Archives: Business

Wall Street Week Ahead: Optimism Among S&P 500 CEOs as Trump Takes Power

U.S. President Donald Trump’s administration is simply hours outdated, however already a small parade of S&P 500 corporations’ chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will increase company earnings. Within the days forward of Friday’s inauguration, senior executives from Morgan Stanley , Delta Air Traces and different main U.S.…

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Republicans Begin Creating an Obamacare Replacement

Urged on by U.S. President-elect Donald Trump, Republican lawmakers speeding to scrap Obamacare mentioned this week they hoped to make some modifications meant to stabilize the insurance coverage market whereas they work at repealing and changing the regulation. The beginnings of a framework outlining what a post-Obamacare world might seem like got here in the…

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Trump Plan to Donate Hotel Profits Doesn’t Erase Ethics Concerns

Some ethics consultants take concern with Donald Trump’s declare that he’ll donate any earnings his firm reaps from overseas authorities officers staying in his inns throughout his presidential time period to the usTreasury. The president-elect has at the very least 9 inns within the U.S. and several other current inns and licensed lodge offers overseas.…

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Why is Apple Cutting Tim Cook’s Pay?

Apple Inc.’s extended stoop in iPhone gross sales final yr took a chunk out of Chief Government Tim Prepare dinner’s complete compensation, which fell for the primary time since he assumed management of the corporate in 2011. The corporate acknowledged in a regulatory submitting Friday that it fell in need of its personal annual efficiency…

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Stocks Slide in Broad Selloff on Wall Street

U.S. shares fell in low quantity on Wednesday in a broad decline triggered partly by a pointy drop in dwelling resales. Contracts to purchase previously-owned U.S. properties fell in November to their lowest stage in practically a 12 months, an indication that rising rates of interest may very well be weighing on the housing market.…

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Trump Could Ice Thawing U.S. Relations with Cuba

The US’ relationship with Cuba has thawed during the last two years, thanks partially to a December 2014 settlement between President Barack Obama and Cuban President Raul Castro to finish a decades-long interval of coverage isolation. Within the years since, main companies have signed offers to do enterprise with the Caribbean island and optimism about…

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Kerry Says Two-State Solution in Jeopardy in Middle East

U.S. Secretary of State John Kerry warned on Wednesday that the way forward for a two-state answer to the Israeli-Palestinian battle was in jeopardy, and laid out parameters for future peace talks, saying the USA couldn’t keep silent. In a speech simply weeks earlier than the Obama administration arms over energy to President-elect Donald Trump,…

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