Trump's tax plan still unclear on how he'd end up paying more
Even after publishing an entire chapter on the subject in his new book, Trump’s plan is short on specifics. And experts predict a boon for billionaires like him.
Posts From King World News
U.S. and UK to test financial cyber-security later this month
The United States and Britain will test later this month how its regulators would respond if their financial sectors suffered a major cyber-attack or broader IT problems, a British official said on Monday. The test, for which no date has yet been set, will focus on how regulators for the world’s two biggest financial centers in New York and London communicate in an emergency, a spokesman for British government cyber-security
Why El-Erian sees 30% US recession risk by 2017
“The road we’re on is going to end. We cannot rely on central banks,” economist Mohamed El-Erian tells CNBC.
Buffett's Record Gain on Kraft Heinz Masks Stock Market Lapses
Warren Buffett is about to show how getting one big investment right can overshadow several laggards.
HP Inc shares outpace those of HPE in first trades since split
HPE’s shares managed to gain only as much as 3 percent. The shares of both companies were trading for the first time since Hewlett-Packard Co formally split into two on Sunday. Shares of HPE, considered the faster-growing business, had been trading on a when-issued for the past two weeks.
US factories grow at slowest pace in 2½ years; hiring falls
U.S. factory activity grew last month at its slowest pace since May 2013 as manufacturers pared their stockpiles and cut jobs. The Institute for Supply Management said Monday that its index of factory …
T-Mobile turns to customers to improve its network
T-Mobile is giving customers mini-cellphone towers to put in homes and businesses
Metrojet exec says external impact caused Egypt plane crash
Only an external impact could have caused a Russian plane to dive into the Egyptian desert, killing all 224 people on board, its Russian operator said Monday, adding to a series of confusing statements …
Oil could take until 2018 to recover: Statoil CFO
Statoil is still “investing a lot,” according to the Norwegian oil giant’s CFO, but expects oil to stay around $50 a barrel until 2018.
Shire to buy Dyax for $5.9 billion, still wants Baxalta
Shire Plc has agreed to buy U.S. rare disease specialist Dyax Corp for about $5.9 billion – and potentially up to $6.5 billion – while still pursuing a five times larger unsolicited bid for Baxalta Inc. It comes amid a record wave of deal-making in the broader healthcare sector so far this year, which amounted to $477 billion as of last week, according to Thomson Reuters data. Shares in the