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Trump tells UN that Opec ‘ripping off’ the world

Trump tells UN that Opec ‘ripping off’ the world

President’s attack on oil producers comes as prices hit new four-year high

Published 1 second ago

Qualcomm Accuses Apple of Giving Its Intellectual Property to Intel

Qualcomm Accuses Apple of Giving Its Intellectual Property to Intel

Qualcomm accused Apple of funneling proprietary information about the chip supplier’s technology to rival Intel, broadening a long-running legal battle between two companies central to the smartphone industry.

Published 3 weeks ago

Trump to Call for International Trade Reforms in U.N. Speech

Trump to Call for International Trade Reforms in U.N. Speech

President Trump is expected to call for the reform of the international trade system in his second address to the U.N. General Assembly, and he will ask that countries collectively work to ensure that global trade works for the prosperity of all.

Published 3 weeks ago

Mnuchin’s Fight With Activists Inspired Community Reinvestment Act Revamp

Mnuchin’s Fight With Activists Inspired Community Reinvestment Act Revamp

Treasury Secretary Steven Mnuchin and OCC head Joseph Otting, who ran OneWest Bank, want to overhaul lending rules meant to combat redlining. Mr. Otting has said the plan would rationalize the process and make it harder to derail mergers, while groups worry the changes could hurt lower-income borrowers.

Published 3 weeks ago

Shoppers Love Rewards Credit Cards. Retailers Hate Them.

Shoppers Love Rewards Credit Cards. Retailers Hate Them.

Consumers have become addicted to credit cards with generous rewards programs. Retail merchants are pushing for the right to reject such credit cards, which they complain are cutting into their profits.

Published 3 weeks ago

Ex-Analyst in Insider-Trading Case Faced Sexual Misconduct Allegations at Harvard

Ex-Analyst in Insider-Trading Case Faced Sexual Misconduct Allegations at Harvard

Ex-Goldman Sachs analyst Damilare Sonoiki, who pleaded guilty last week to an insider-trading scheme, was accused by several women of sexual misconduct just before he was scheduled to graduate from Harvard in 2013. He denied the allegations.

Published 3 weeks ago

The Most Dangerous Place to Bicycle in America

The Most Dangerous Place to Bicycle in America

As motor-vehicle-related bike deaths have risen alarmingly in the last decade, the Tampa Bay metro area has proven to be the deadliest place for a cyclist. Now, state and local agencies hope to change that.

Published 3 weeks ago

Car sector hit by BMW profit warning on trade war

Car sector hit by BMW profit warning on trade war

German group says it will miss its margin target for the first time in 33 quarters

Published 1 second ago

Trump to Call for International Trade Reforms in U.N. Speech

Trump to Call for International Trade Reforms in U.N. Speech

President Trump is expected to call for the reform of the international trade system in his second address to the U.N. General Assembly, and he will ask that countries collectively work to ensure that global trade works for the prosperity of all.

Published 3 weeks ago

Instagram Co-Founders to Step Down From Facebook

Instagram Co-Founders to Step Down From Facebook

Kevin Systrom and Mike Kriege, the two co-founders of Facebook’s popular Instagram app, are stepping down, a move marking continued tumult at the social-networking giant.

Published 3 weeks ago

China Denies U.S. Navy Ship’s Request for Hong Kong Visit

China Denies U.S. Navy Ship’s Request for Hong Kong Visit

The Chinese government refused the USS Wasp a port visit to Hong Kong next month, a decision issued as Beijing also canceled a high-level naval meeting in the U.S.

Published 3 weeks ago

Adult Swim Tries a New Channel: A Weekend Festival

Adult Swim Tries a New Channel: A Weekend Festival

Adult Swim is kicking off its first Adult Swim Festival in Los Angeles, seeing it as a potential new profit center inspired by the success of events like Coachella and Comic Con.

Published 3 weeks ago

IRS Is Wrongly Denying Tax Refunds, Some Companies Say

IRS Is Wrongly Denying Tax Refunds, Some Companies Say

Multinational companies, backed by the Chamber of Commerce and an in-house critic at the IRS, say the government is incorrectly denying them refunds on their 2017 tax returns.

Published 3 weeks ago

Argentina central bank chief resigns

Argentina central bank chief resigns

Departure deals blow to Macri’s efforts to restore investor confidence

Published 1 second ago

Trump to Call for International Trade Reforms in U.N. Speech

Trump to Call for International Trade Reforms in U.N. Speech

President Trump is expected to call for the reform of the international trade system in his second address to the U.N. General Assembly, and he will ask that countries collectively work to ensure that global trade works for the prosperity of all.

Published 3 weeks ago