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Insurers hit by mounting US storm costs

Insurers hit by mounting US storm costs

Catastrophes cut nearly $1bn from profits at two of the sector’s largest companies

Published 1 second ago

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs has brought in 15 outsiders at the elite rank of partner over the past year, the biggest influx of senior executives in two decades.

Published 3 weeks ago

Trade’s Widening Battleground

Trade’s Widening Battleground

The Trump administration’s use of tariffs on imported goods started slowly but has broadened in recent weeks to affect hundreds of billions of dollars in goods from China and other big economies

Published 4 weeks ago

First Ever Review of the Tesla Model 3 Performance: A Thrilling, Modern Marvel

First Ever Review of the Tesla Model 3 Performance: A Thrilling, Modern Marvel

The Tesla brand has its share of haters, but none have yet driven the new Model 3 Performance—until now. Dan Neil takes a first turn behind the wheel of the dual-motor dynamo.

Published 3 weeks ago

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs has brought in 15 outsiders at the elite rank of partner over the past year, the biggest influx of senior executives in two decades.

Published 3 weeks ago

Trump criticises Federal Reserve’s interest rate rises

Trump criticises Federal Reserve’s interest rate rises

’I’m not thrilled . . . but I’m letting them do what they feel is best’

Published 1 second ago

James Packer resigns all his Australian directorships

James Packer resigns all his Australian directorships

Billionaire casino mogul has sought treatment for mental illness

Published 1 second ago

Elliott denounces comments of ThyssenKrupp’s chairman

Elliott denounces comments of ThyssenKrupp’s chairman

Ulrich Lehner accused activist investors of engaging in ‘psycho terror’ before his resignation

Published 1 second ago

Two former traders jailed in Euribor manipulation case

Two former traders jailed in Euribor manipulation case

Bittar and Moryoussef receive a combined 13 years in prison

Published 1 second ago

Donald Trump Says ‘Not Happy’ About Federal Reserve Interest-Rate Increases

Donald Trump Says ‘Not Happy’ About Federal Reserve Interest-Rate Increases

President Donald Trump said Thursday he hoped the Federal Reserve would stop raising interest rates, delivering an unusual censure of the central bank.

Published 3 weeks ago

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast Drops Bid for Fox Assets, Will Focus on Pursuit of Sky

Comcast said it was dropping its pursuit for most of 21st Century Fox, ending a bidding war with Walt Disney, but said it would continue its pursuit of European pay-TV giant Sky PLC.

Published 3 weeks ago

Wells Fargo’s Latest Challenge: Refunds for Pet Insurance, Legal Services

Wells Fargo’s Latest Challenge: Refunds for Pet Insurance, Legal Services

Wells Fargo is in the process of refunding tens of millions of dollars for products ranging from pet insurance to legal services added to hundreds of thousands of customers’ accounts without their full understanding.

Published 3 weeks ago

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs, Once Closed to Outsiders, Is on a Hiring Spree

Goldman Sachs has brought in 15 outsiders at the elite rank of partner over the past year, the biggest influx of senior executives in two decades.

Published 3 weeks ago

Putin Defends Trump From Critics, Says Summit Was a Success

Putin Defends Trump From Critics, Says Summit Was a Success

President Vladimir Putin defended Donald Trump from angry criticism following their summit in Helsinki, as the U.S. president called for a second face-to-face meeting with his Russian counterpart.

Published 3 weeks ago

House GOP Push to Extend Tax Cuts Meets Resistance in Senate

House GOP Push to Extend Tax Cuts Meets Resistance in Senate

House Republicans are busily preparing “Tax Reform 2.0,” an extension of tax cuts that are set to expire after 2025. So far, their Senate counterparts aren’t interested.

Published 3 weeks ago