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Why One Slice of the U.S. Steel Industry Welcomes Trump’s Tariff Exemptions

Why One Slice of the U.S. Steel Industry Welcomes Trump’s Tariff Exemptions

The Trump administration’s decision to temporarily exempt several countries from new tariffs provides relief to some of the largest customers of imported steel: companies that import semi-finished steel slabs into the U.S.

Published 4 months ago

Arrival of Final Bank Regulator Could Speed Up Easing of Rules

Arrival of Final Bank Regulator Could Speed Up Easing of Rules

Banks can expect to see a surge in relief from postcrisis rules in 2018 after the final Trump-appointed leader is seated at the nation’s banking regulators later this spring. Jelena McWilliams is set to become head of the Federal Deposit Insurance Corp. as early as April.

Published 4 months ago

Global Stocks Extend Rebound as Trade Fears Subside

Global Stocks Extend Rebound as Trade Fears Subside

Stocks pushed higher, continuing an early-week rally which came as fears of a trade war between the U.S. and China subsided.

Published 4 months ago

Novartis sells stake in consumer business to GSK for $13bn

Novartis sells stake in consumer business to GSK for $13bn

Swiss group’s new chief sheds consumer health unit to focus on pharmaceuticals

Published 1 second ago

European stocks add to global rally on trade talk hopes

European stocks add to global rally on trade talk hopes

Miners and carmakers shine as investors buy export stocks

Published 1 second ago

GlaxoSmithKline to Buy Out Novartis’s Stake in Health-Care Venture for $13 Billion

GlaxoSmithKline to Buy Out Novartis’s Stake in Health-Care Venture for $13 Billion

GlaxoSmithKline agreed to pay Novartis $13 billion for its 36.5% stake in their consumer health care joint venture, moving to consolidate the unit just three years after it and Novartis joined forces.

Published 4 months ago

Novartis sells stake in consumer health venture to GSK for $13bn

Novartis sells stake in consumer health venture to GSK for $13bn

Early move by new CEO of Swiss pharmaceuticals group to focus business

Published 1 second ago

German stocks become ground zero for trade war fears

German stocks become ground zero for trade war fears

Global footprint leaves many companies on the Dax vulnerable to protectionism

Published 1 second ago

How to fix the Big Four auditors

How to fix the Big Four auditors

Published 1 second ago

Ex-Boss of Larry Nassar Arrested, Jailed

Ex-Boss of Larry Nassar Arrested, Jailed

William Strampel, the longtime boss of the now-imprisoned former sports-medicine doctor Larry Nassar at Michigan State University, was arrested Monday afternoon, according to jail records and the university.

Published 4 months ago

White House Probes Loans to Kushner’s Business

White House Probes Loans to Kushner’s Business

White House attorneys are examining whether two loans totaling more than $500 million to Jared Kushner’s family business may have violated any criminal laws or federal ethics regulations, according to a letter from a federal ethics agency.

Published 4 months ago