In the first year of the Trump administration, the president’s threats to upend the global trade system seemed like mostly bluster — lots of threats, not much action. Not anymore. The administration moved forward Friday with a 25 percent tariff on $50 billion of Chinese imports. In recent weeks, it imposed taxes on imported steel…
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, may consider investing in the Trans Mountain pipeline -- if it would produce an attractive return. Bruce Flatt Photographer: Patrick T. Fallon/Bloomberg"We look at all infrastructure,” Chief Executive Officer Bruce Flatt said in an interview at the company’s annual general meeting in Toronto Friday. “If there’s…
Theranos Inc. founder Elizabeth Holmes, who reigned briefly as the world’s youngest female self-made billionaire over her promise to revolutionize blood testing, was criminally charged with defrauding investors along with the company’s former president. The indictment announced Friday by the U.S. Attorney in San Francisco alleging wire fraud follows claims by the U.S. Securities and…
Launches Self-Service Kiosk Electronic Payment and Financial Services Network
NEWPORT BEACH, CA, June 15, 2018 (GLOBE NEWSWIRE) – DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the "Company"), a diversified holding company, announced today that Digital Power Lending, LLC (“DPL”),...
WASHINGTON — President Trump declared Wednesday that North Korea is “no longer a nuclear threat” to the United States even though the two sides had yet to forge a concrete disarmament plan and offered incomplete accounts of what they agreed to during this week’s summit meeting in Singapore. Rejoicing in the glow of a historic…
“I was present when the discussion took place,” Mr. Pompeo said. “He made it very clear that the condition precedent for the exercises not to proceed was a productive, good-faith negotiations being ongoing. And at the point it’s concluded that they are not, the president’s commitment to not have those joint exercises take place will…
Canada’s top diplomat has a message for the U.S.: the West isn’t infallible, and everyone needs friends. Foreign Minister Chrystia Freeland delivered a keynote speech Wednesday in Washington amid fraught trade talks and after a volley of criticism by President Donald Trump and top aides toward Canada’s Justin Trudeau. Freeland ignored those and hardly mentioned…
Mario Draghi and his European Central Bank colleagues will hold their first formal talks on Thursday on when to end their asset purchase program, though it’s less clear whether they’ll make a decision or wait until July. Three years into the ECB president’s bond-buying program, investors and economists are bracing for a signal on when…
“Sorry, we cannot let our friends, or enemies, take advantage of us on Trade anymore,” the president said in a tweet. “We must put the American worker first!” Mr. Trump’s harsh words about the nation’s closest allies stood in stark contrast to his expression of sunny feelings toward Mr. Kim, a brutal dictator who is…
In the joint statement, Mr. Trump “committed to provide security guarantees” to North Korea. Mr. Kim “reaffirmed his firm and unwavering commitment to complete denuclearization of the Korean Peninsula.” But the statement was short on details and it was not immediately clear whether the two leaders had signed another document laying out potential next steps…
