FTC not sold on Walgreens’ plan to win nod for Rite Aid deal: Bloomberg
(Reuters) – The U.S. Federal Trade Commission is not satisfied with Walgreens Boots Alliance Inc’s plan to divest stores to win antitrust clearance for its acquisition of Rite Aid Corp , Bloomberg reported, citing people familiar with the matter.
ECB probed by watchdog over ties with bankers in G30 group
FRANKFURT (Reuters) – The European Union’s ethics watchdog has opened an inquiry into the participation of European Central Bank President Mario Draghi and senior ECB officials in the work of an exclusive group that includes bankers and fund managers.
Machinists seek union vote for Boeing South Carolina workers
SEATTLE (Reuters) – The International Association of Machinists and Aerospace Workers said it planned to petition on Friday for about 2,850 workers at Boeing Co’s assembly plant in South Carolina to vote on union representation.
Goldman Sachs rejects Indonesian businessman’s $1.1 billion claim over share trade
JAKARTA (Reuters) – Goldman Sachs has rejected allegations by an Indonesian businessman who is seeking $1.1 billion in damages from the U.S. bank for making what he called “unlawful” trades in the shares of a property firm.
Fears of economic ‘race to bottom’, strong dollar in Davos
DAVOS, Switzerland (Reuters) – A strengthening dollar and a “race to the bottom” on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum…
GE profit rises 36 percent, but sales slow
(Reuters) – General Electric Co reported a 36 percent jump in fourth-quarter earnings on Friday, helped by strength in its power and renewable energy businesses, and it affirmed its growth and profit forecasts for 2017.
Exclusive: HSBC cutting around 100 senior banking jobs globally – sources
LONDON (Reuters) – HSBC has begun cutting around 100 senior jobs in its investment banking division worldwide this week, according to sources with direct knowledge of the matter.
Ford to record pre-tax remeasurement loss of $3 billion in 2016
(Reuters) – Ford Motor Co said on Friday it would record a pre-tax remeasurement loss of about $3 billion related to its pension plans and other post-retirement employee benefits plans.
U.S. bankers tell Europeans to think positively on Trump
DAVOS, Switzerland (Reuters) – U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump.
For stock performance under Trump, don’t look to prior transitions
NEW YORK (Reuters) – As he is sworn in as the 45th U.S. president on Friday, Donald Trump will mark one of the best performances for the American stock market for any presidential transition period of the modern era.
