Bridgewater’s Dalio says Trump’s populist policies could hurt world economy
(Reuters) – Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates LP, said he is increasingly concerned about the Trump administration’s “populist” policies that could hurt the world economy.
Facebook to develop app for television set-top boxes: WSJ
(Reuters) – Facebook Inc is creating an app for television set-top boxes, including Apple Inc’s Apple TV, the Wall Street Journal reported, citing people familiar with the matter.
Trump pushes drugmakers for lower prices, more U.S. production
WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump in a meeting on Tuesday with pharmaceutical executives called on them to manufacture more of their drugs in the United States and cut prices, while vowing to speed approval of new medicines…
Trump, trade adviser signal displeasure with U.S. ‘strong dollar’ policy
NEW YORK/LONDON (Reuters) – U.S. President Donald Trump and a top economics adviser on Tuesday unleashed a barrage of criticism against Germany, Japan and China, saying the three key U.S. trading partners were engaged in devaluing their currencies to t…
Apple defies Wall Street with strong revival in iPhone sales
SAN FRANCISCO (Reuters) – Apple Inc reclaimed the throne as the world’s top smartphone seller for the first time in five years on Tuesday, beating out rival Samsung in units shipped for the holiday quarter and boosting revenues with a strong showing fo…
Warren Buffett: I bought $12 billion of stock after Trump won
(Reuters) – The failure of Warren Buffett’s favored candidate to capture the White House has not dimmed the billionaire’s appetite for stocks.
Bank of America to disclose client brokerage fees more clearly
(Reuters) – Bank of America Corp will more clearly disclose the fees it charges clients of its Merrill Lynch wealth management business, according to a statement from bank spokeswoman Susan McCabe.
U.S. airline, travel agency shares nosedive amid immigration ban turmoil
NEW YORK (Reuters) – U.S. airline and online booking agency shares slumped for the second consecutive day on Tuesday, and some industry executives have begun speaking out against the Trump administration’s ban on travel from seven majority Muslim natio…
U.S. defense shares shrug off Trump criticism, set for further gains
NEW YORK/WASHINGTON (Reuters) – U.S. defense company shares have largely shrugged off President Donald Trump’s criticisms over costs and may be poised to fly higher even with prices at lofty levels.
S&P slips for fourth session as earnings, politics weigh
NEW YORK (Reuters) – The S&P 500 fell on Tuesday for a fourth consecutive session, weighed by sectors sensitive to economic growth amid disappointing earnings and lingering concern over the priorities of the Trump administration.
