Wall Street climbs as trade war worries cool
(Reuters) – U.S. stocks rose on Tuesday in a choppy session as investors watched anxiously for signs U.S. President Donald Trump would scrap proposed tariffs to avoid a trade war.
U.S. says ‘Pharma Bro’ Shkreli deserves at least 15 years in prison
(Editors Note: paragraph 11 contains language that some readers might find offensive)
Warren vows fight as U.S. Senate begins debate on Dodd-Frank rewrite
WASHINGTON (Reuters) – Democratic Senator Elizabeth Warren promised to fight a U.S. Senate bill easing bank rules introduced following the 2007-2009 global financial crisis as the chamber moved on Tuesday to begin debating the draft bipartisan legislat…
Warren vows fight as Senate begins debate on Dodd-Frank rewrite
WASHINGTON (Reuters) – Democratic Senator Elizabeth Warren promised to fight a U.S. Senate bill easing bank rules introduced following the 2007-2009 global financial crisis as the chamber moved on Tuesday to begin debating the draft bipartisan legislat…
Prosecutors seek at least 15 years in prison for ‘Pharma Bro’ Martin Shkreli
NEW YORK (Reuters) – U.S. prosecutors on Tuesday urged a federal judge to sentence former drug company executive Martin Shkreli to at least 15 years in prison for securities fraud, citing the defendant’s lack of remorse and respect for the law.
U.S. sees national security risk from Broadcom’s Qualcomm deal
(Reuters) – A U.S. government national security panel has identified potential risks that warrant a full investigation of Singapore-based Broadcom Ltd’s $117 billion bid for chipmaker Qualcomm Inc , a senior U.S. Treasury official said in a letter to …
Far-right union wins more seats on Daimler plant’s works council
DUESSELDORF (Reuters) – A German trade union accused by rival labor representatives of harboring neo-Nazis has expanded its presence on the works council of a key plant operated by luxury carmaker Daimler , election results showed on Tuesday.
Citigroup moving toward ‘national digital bank’: CFO
(Reuters) – Citigroup Inc is laying the foundation, through a growing network of mobile banking tools, to support the launch of a national digital consumer bank sometime within the next three years, its chief financial officer said on Tuesday.
BlackRock, Soros may invest in Deutsche’s asset management IPO: source
FRANKFURT (Reuters) – BlackRock , George Soros and big sovereign wealth funds are among investors expressing interest in buying stakes in the initial public offering of Deutsche Bank’s asset management arm, a person familiar with the matter said on Tu…
Senate votes 67-32 to begin debate on bank bill
WASHINGTON (Reuters) – The U.S. Senate on Tuesday voted 67-32 in favor of beginning to debate a bipartisan bill that would ease rules for mid-sized and small lenders introduced following the 2007-2009 financial crisis.
