Money

Trump Hotels to use Scion brand for new hotels, not Trump

Perhaps that's why Trump's newest hotel line won't bear his name at all: The Trump Organization has dropped the name completely, going for Scion , which mean...


Iron ore surges 4.5pc, reaching highest since August

Chinese iron ore futures rose for a third day running to their highest in more than two years on Wednesday as surging coal prices lifted demand for higher grade...


Expanded Early Voting Kicks Off Monday in Chicago, Suburbs

Evidently, according to national polls, over 70% of Republican voters believe the propaganda being put out by Trump and his campaign staff that the upcoming e...


United Kingdom lawmakers press government for vote on Brexit-EU talks

In a last-minute concession, the government accepted a Labour motion calling for MPs to have more say over the strategy for leaving the European Union before ...


British American Tobacco Proposes $47B Reynolds American Merger

Reynolds' top-selling brands are Newport, Camel and Pall Mall, while BAT's flagship brands are Dunhill and Lucky Strike. British American Tobacco believes th...


Current Price Targets For Peoples Bancorp Inc. (NASDAQ:PEBO)

The firm earned "Buy" rating on Wednesday, January 13 by Deutsche Bank. On the 7th day After Earnings Report, the stock hit its share price as $41.61 by showing...


Morgan Stanley profit boosted by trading revenue

Were Morgan Stanley able to pay out capital and reduce its ratio to that level, its annualized return on equity last quarter would have been as high as 10.6 p...


UK Inflation Hits 1% In September On Weaker Sterling

Looking at the three months to September as a whole, prices were up 0.7 percent on a year earlier versus the BoE's forecast for inflation to average 0.76 percen...


Despite failures, N Korea could field missile next year

The U.S. sent an aircraft carrier to Busan, South Korea, hours before North Korea's failed missile launch Friday, increasing North Korea's wariness. Followi...


French court upholds decision to close Calais' "Jungle" migrant camp

United Kingdom immigration officials say hundreds of "child" refugees from the Middle East and Syria's ongoing civil war are turning out to be adults over the a...


Netflix reassures with growth but hits pause in China

The US streaming giant announced its decision as part of the release of its third-quarter 2016 earnings yesterday. Netflix raked in a record $2.15 billio...


'Samsung Galaxy Note 7' Ban Goes International: Airlines Safety Concern Rapidly Arises

HK Express, Cathay Pacific, Dragonair and Hong Kong Airlines prohibited Samsung Galaxy Note 7 phones to be carried on board the flights on Saturday. Lufthansa...


UK lawmakers press government for vote on Brexit-EU talks

As London trading gathered pace, the pound had gained 1.5 per cent to $1.227 from its NY nadir, when it dropped as low as $1.2090. And Tesco admitted it was r...


Verizon closing call centers in five states, affecting 3200 workers

Employees unable to locate "or who do not secure other assignments" will be offered a separation package. The company is also offering to help with expenses for...


Warren Buffett responds to Donald Trump's tax comments

While Clinton has made modest changes to her tax platform during the course of her campaign, Trump has significantly revised his proposal since previous year. B...


Ford Mustang plant temporarily idled after sales plunge 32 percent

Ford's most iconic brand is Mustang. This one adds 21 horsepower and 24 pound-feet of torque, resulting in a final output of 456 horses and 424 pound-feet. -ft...


More tariffs for Chinese steel

The latest European Union duties apply to hot-rolled steel, which is used in construction, shipbuilding and pipelines, and heavy steel plates used in constructi...


Yuan Joins Dollar, Pound, Yen, Euro as Reserve Currency

Created in the 1960s, the "Special Drawing Right" is a unit of account used by the International Monetary Fund as a foreign exchange reserve asset and is not ...


Walmart pulls back, slows United States store openings

Wal-Mart's e-commerce revenues previous year totaled about $14 billion of total revenues around $480 billion. In June Wal-Mart sold its Chinese e-commerce pla...


Clinton cited Lincoln on political deals

That's the good thing. "Moderator Martha Raddatz asked Clinton if she was "two-faced" after leaked emails revealed the Democratic presidential nominee pre...


Gap Inc. (GPS) Stock Rating Reaffirmed by Stifel Nicolaus

Gap Inc . on Thursday reported a 3% decline in same-store sales for September, and said it expects the fire that occurred at the end of August at its distributi...


Brexit fears take toll, British pound plunges to lowest in three decades

That one of the planet's oldest mediums of exchange - and the dominant reserve currency until the first half of the 20th century - could move like the legal ten...


Futures Up After Wall Street Dips; Most Asian Markets Gain

The Dow Jones industrial average fell 0.3% to end the session at 18,254 points and the S&P 500 lost 0.33% to 2,161. Ten of the 11 major S&P 500 indexes ...


Wal-Mart Plans to Slow New Store Openings, Invest in Online

It expects fiscal 2018 earnings per share to be relatively flat compared to fiscal 2017 earnings. For the past 5 years, the company's revenue has grown -13.8%, ...


Snapchat reportedly planning IPO in March that would value it at $25B

In an interview with Adweek in 2015, Snapchat CEO Evan Spiegel outlined what he saw as some advantages his company has over its competitors when it comes to...


UK Treasury chief warns of turbulence amid Brexit talks

Theresa May listens to the speech. Philip Hammond told the BBC on Monday that Britain will face a couple of years — or longer — of uncertainty as Britain goes...


Shareholder Union Investment says Deutsche Bank not 'in crisis'

The shaky bank has been teetering since the US Department of Justice in September demanded some $14bn (£10.8bn) to settle claims that Deutsche mis-sold US mortg...


Stocks rise in afternoon trading, led by energy and banks

That could signal that the Federal Reserve is more likely to raise rates from super-low levels this year. Bucking the downward trend in the market were some...


VPs to take centre stage during US debate

Clinton against accusations of dishonesty, or at the very least, lack of transparency. Pence will also have to make up for Trump's performance last week. "H...


Jerome Kerviel must pay US$1.1 million to bank

PARIS, Sept 23 Societe Generale's lawyer said on Friday he was "not worried" that a tax deduction could be reclaimed from the French bank after a court ruling o...