For policymakers at the Federal Reserve, the tax cuts and spending increases could pose a nearer-term challenge. The Fed has been trying to strike a delicate balance, raising interest rates gradually in an effort to keep inflation in check without snuffing out the recovery. If the second quarter’s growth rate continues, it could risk accelerating…
A New Yorker report on allegations of sexual assault, harassment, and retaliation against CBS CEO Leslie “Les” Moonves was so anticipated that it sent the media company’s stock down almost 10% hours before the story’s publication on Friday afternoon. CBS also said it would investigate the allegations before the story appeared. And then it did.…
MoviePass CEO Mitch Lowe, John Travolta, and Helios and Matheson Analytics CEO Ted Farnsworth. Getty / Dave Kotinsky / Stringer "See the light," a corporate slogan, flickers on the website of India's Helios and Matheson Information Technology, even now that the company's telephones have dropped out of service and its email inboxes spit back inquiries…
WASHINGTON — For years, President Trump has used Twitter as his go-to public relations weapon, mounting a barrage of attacks on celebrities and then political rivals even after advisers warned he could be creating legal problems for himself. Those concerns now turn out to be well founded. The special counsel, Robert S. Mueller III, is…
Agribusiness company Land O’Lakes has named Beth Ford its new president and CEO, appointing her to the top job at a challenging and tumultuous period for the agriculture industry. When Ford—who was previously the chief operating officer of the $14 billion cooperative—takes on the role on August 1, she will become one of 25 women…
Jeff Bezos, the CEO of Amazon, which reported much-better-than-expected earnings Thursday. REUTERS/Rex Curry Wall Street expected big things from Amazon in the second quarter. And the e-commerce giant delivered in a huge way — at least, on the bottom line. The Seattle company posted a $2.5 billion profit in the period. That wasn't just a…
DPW HOLDINGS’ ENERTEC SYSTEMS AWARDED $4.3 MILLION SECOND-STAGE PROJECT FOR COMPUTER-BASED COMMAND AND CONTROL MISSILE DEFENSE SYSTEMS
NEWPORT BEACH, CA, July 26, 2018 – DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, announced Enertec Corporation, the Israel-based defense...
Mr. Trump had threatened to substantially escalate this conflict with another round of tariffs, this time on the automobile industry. European countries, especially Germany, are major exporters to the United States, though they also produce many cars domestically. The United States imported $183.8 billion of cars, sport utility vehicles and minivans last year, $46.6 billion…
Conservative members of the U.S House of Representatives introduced articles of impeachment on Wednesday against Deputy Attorney General Rod Rosenstein. Rosenstein oversees special counsel Robert Mueller as he investigates allegations of Russian interference in the 2016 U.S. presidential election. The representatives argue that the Department of Justice has failed to provide documents and other disclosures…
President Donald Trump speaks following a meeting on infrastructure at Trump Tower, August 15, 2017 in New York City. Drew Angerer/Getty Images Outgoing General Motors CFO Chuck Stevens has been with company for four decades, but I'm not sure he's ever used the word "headwinds" as often as he did on a conference call following…
