Fed’s Bullard says coherent immigration policy would benefit U.S.
ST. LOUIS (Reuters) – A coherent, economically-oriented immigration policy would benefit the U.S. economy greatly and could lift it from the slow-growth rut in which it is currently stuck, a top Federal Reserve official said on Thursday.
UK should consider prosecuting VW over emissions scandal: lawmakers
LONDON (Reuters) – Britain should consider prosecuting Volkswagen over the diesel emissions scandal, a committee of lawmakers said on Friday, accusing the government of being too slow to decide whether the German automaker broke the law.
U.S. trade chief holds talks on UK trade deal possibilities
WASHINGTON (Reuters) – The Obama administration’s top trade official said on Thursday he has held preliminary discussions with British government officials about how the two countries could pursue bilateral trade relations after Britain leaves the Euro…
Wall Street sets another record as JPMorgan leads banks higher
NEW YORK (Reuters) – Financial stocks led the S&P 500 and the Dow industrials to record highs on Thursday after JPMorgan’s strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along.
Buffett donates nearly $2.9 billion to Gates charity and four others
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, has donated another roughly $2.86 billion of his holdings in the company’s stock to the Bill & Melinda Gates Foundation and four family charities, as part of his plan to give away nearly his entire fortune.
Fiat Chrysler to invest over $1 billion in Ohio, Illinois plants
(Reuters) – Fiat Chrysler Automobiles NV said it would invest more than $1 billion in its assembly plants in Illinois and Ohio to retool them to boost production of its Jeep Cherokee and Wrangler.
U.S. senator asks Tesla to brief committee on Autopilot crash
WASHINGTON (Reuters) – The chairman of the U.S. Senate committee that oversees auto safety issues wrote Tesla Motors Inc Chief Executive Elon Musk on Thursday, asking the automaker to brief the committee on a fatal May 7 crash involving its Autopilot s…
Delta’s UK woes signal tougher times for airlines’ trans-Atlantic business
(Reuters) – Delta Air Lines Inc’s decision to sell fewer seats from the United Kingdom this winter highlights the threat that Britain’s planned exit from the European Union and new airline competition pose to U.S. airlines that have raked in cash from …
ConAgra hires CFO from Prestige Brands
(Reuters) – ConAgra Foods Inc, known for its Chef Boyardee pasta and Healthy Choice dinners, named David Marberger of Prestige Brands Holdings Inc as its chief financial officer.
Business interests hit U.S. Treasury curb on overseas tax deals
WASHINGTON (Reuters) – Business groups urged the Obama administration on Thursday to drop or revise its latest proposals to discourage U.S. companies from rebasing overseas in search of tax savings, part of a long-running fight over so-called tax inver…
