Casino mogul Steve Wynn may sell his stake in Wynn Resorts
(Reuters) – Wynn Resorts Ltd’s former chief executive, Steve Wynn, may elect to sell all or a portion of his stake in the company, according to a regulatory filing dated Thursday.
Ten years after JPMorgan/Bear Stearns deal banks may have already seen biggest gains
(Reuters) – Ten years after JPMorgan bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on U.S. banks are significantly brighter, although the sector may have already put its biggest ga…
Chamber of Commerce warns Trump against China tariffs
WASHINGTON (Reuters) – The head of the most influential U.S. business lobbying group warned the Trump administration that unilateral tariffs on Chinese goods could lead to a destructive trade war that will hurt American consumers and U.S. economic grow…
Asian shares slip as new U.S. political worries sour mood
TOKYO (Reuters) – Asian stocks slid on Friday as reports of more chaos in the Trump administration tested investors’ nerves, already frayed by fears that U.S. tariffs could hurt the global economy and trigger a trade war.
China’s HNA, shedding debt overseas, is still Hainan’s hometown champion
HAIKOU, China (Reuters) – Hundreds of workers pour concrete as tower cranes swing overhead at the building site where a giant skyscraper is set to soar above the palm-fringed streets of this tropical Chinese city.
Nike brand president resigns; company probes workplace complaints
(Reuters) – Nike Inc’s namesake brand President Trevor Edwards has resigned and will retire in August, a company spokeswoman said on Thursday.
Oil prices extend gains, but higher output caps rise
TOKYO (Reuters) – Oil prices crept higher on Friday after the International Energy Agency said global crude demand would accelerate this year, but warned supply is growing at a faster pace.
Australia’s competition watchdog sues Equifax for misleading consumers
SYDNEY (Reuters) – Australia’s competition regulator said on Friday it was suing credit reporting company Equifax Pty Ltd, owned by U.S.-based Equifax Inc , alleging it misled consumers and used unfair tactics with people in financial hardship.
Asian shares on defensive as new political worries sour mood
TOKYO (Reuters) – Asian stocks were on the defensive on Friday as worries over the U.S. investigation into the Trump Organization tested investor nerves, already frayed by fears U.S. tariffs could hurt the global economy and trigger a trade war.
With Qualcomm behind it, Broadcom looks to smaller deals
(Reuters) – Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quart…
