Dozen Goldman partners could possibly exit by 2019-end: WSJ
As many as a dozen partners at Goldman Sachs Group Inc are negotiating an exit from the bank and are likely to leave by the end of 2019, the Wall Street Journal reported on Wednesday.
Mexico’s government says U.S. duties on structural steel part of normal investigation
Mexico’s government said on Wednesday that new duties imposed on some Mexican structural steel by the U.S. Commerce Department are part of a normal investigation when an industry feels it is being affected by imports that use unfair practices, such as …
Slack forecasts bigger third-quarter loss, slowing revenue growth; shares tumble
Slack Technologies Inc forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on Wednesday, as it faces intense competition from Microsoft Corp and others.
U.S. biodiesel industry leaders urge Trump’s EPA to lift biodiesel mandate
U.S. biodiesel industry leaders told an Environmental Protection Agency regional administrator in Houston on Wednesday that they want the Trump administration to boost the volume of biodiesel that oil refiners must blend into their fuel each year, two …
Nissan CEO Saikawa admits to misconduct in compensation: Jiji
Nissan Motor Co Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully received, Jiji news agency reported.
Big investment banks have worst start to year since 2006
The world’s largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition on Thursday.
GM CEO Barra set to hold White House meetings Thursday with Trump: sources
General Motors Chief Executive Mary Barra is set to meet with U.S. President Donald Trump and White House officials on Thursday to discuss a variety of issues including trade, ongoing contract talks and revising vehicle fuel efficiency standards, thre…
U.S. imposes duties on structural steel from China, Mexico
The U.S. Commerce Department said on Wednesday it imposed duties on Chinese and Mexican structural steel after making a preliminary determination that producers in both countries had dumped fabricated structural steel on the U.S. market at prices below…
New York City sues T-Mobile over ‘rampant’ customer sales abuses
New York City sued T-Mobile USA Inc on Wednesday, accusing the fourth-largest U.S. mobile phone company of engaging in “rampant” sales abuses of customers for its lower-priced, prepaid wireless brand, Metro by T-Mobile.
Bank of America recognizes pretax impairment charge of $2.1 billion
(Reporting by Abhishek Manikandan in Bengaluru; Editing by Maju Samuel)
