Evans says Fed monitoring any impact from China slowdown
CEDAR RAPIDS, Iowa (Reuters) – The Federal Reserve is keeping a close eye on how the slowdown in China’s growth is affecting the rest of the world, including the United States.
U.S. economic growth hampered by dollar, energy prices: Fed
WASHINGTON, Jan 13 (Reuters) – – The U.S. economy continued to show mixed signals from late November to early January, with improvements in the labor market and consumer spending offset by the drag of a strong dollar and low energy prices, the Federal …
Bombardier moves to boost margins; cancels bizjet orders, sales tie-up
(Reuters) – Canadian planemaker Bombardier Inc said on Wednesday it was ending a decades-long business jets sales tie-up with a partner in the Middle East and separately cancelling two dozen firm orders for its larger Global business jets, as it moves …
China may slow Fed’s interest rate rises: Fed officials
BOSTON (Reuters) – Headwinds from China and the world’s commodity markets may once again be upending the U.S. Federal Reserve’s plans less than a month into its first-in-a-decade tightening cycle.
Wall Street rainmaker Michael Klein no longer a one-man show
(Reuters) – Star dealmaker and former Citigroup Inc executive Michael Klein, the lead adviser to Dow Chemical Co on its $130 billion merger with DuPont, has quietly tripled the size of his advisory firm in the last 18 months.
Federal probe sought for Buffett’s mobile home unit
(Reuters) – Senior U.S. Democratic lawmakers asked federal regulators to investigate whether Clayton Homes, the mobile home unit of Warren Buffett’s Berkshire Hathaway Inc, targets minority borrowers with discriminatory lending and collection practices…
Uber receives nearly $2 billion investment from Chinese firms
HONG KONG/BEIJING (Reuters) – Uber Technologies Inc said on Wednesday it has received almost $2 billion in funding from Chinese investors, some as part of a recent fundraising round that valued the U.S. firm’s Chinese unit at $7 billion.
U.S. home loan applications jump as mortgage rates fall
NEW YORK (Reuters) – Applications for U.S. loans to refinance and buy homes booked their biggest weekly rise in three months as mortgage rates fell from their highest in over five months, data released from the Mortgage Bankers Association showed on We…
Icahn says he does not have any position in Time Warner
(Reuters) – Billionaire activist investor Carl Icahn said on Tuesday he did not own any stake in media company Time Warner Inc.
GE says plans to cut 6,500 jobs in Europe in next two years
PARIS (Reuters) – General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France and 1,300 in Switzerland, the company said on Wednesday.
