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Trump Reverses Tack on Russian Election Meddling

Trump Reverses Tack on Russian Election Meddling

President Donald Trump said he has “full faith” in U.S. intelligence services and accepts that Russia meddled in the 2016 elections, reversing course from his remarks alongside Vladimir Putin after a barrage of criticism that he failed to stand up to the Russian president.

Published 3 months ago

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

The deluge of money flooding into passive investments can swing stock prices, but fears of widespread market disruptions are overblown, according to a new report from S&P Global.

Published 3 months ago

New York-London in 3½ Hours? Supersonic Travel May Be Back.

New York-London in 3½ Hours? Supersonic Travel May Be Back.

Fifteen years after the Concorde last flew, investors, plane makers and equipment suppliers are pushing to revive superfast airliners and business jets. But will regulators go along—and will passengers be willing to pay?

Published 3 months ago

Danske Bank drops 9% after pledge to forfeit money laundering gains

Danske Bank drops 9% after pledge to forfeit money laundering gains

Danish lender hires new compliance chief from Deutsche Bank in bid to restore credibility

Published 1 second ago

Google to Be Fined $5 Billion by EU in Android Case

Google to Be Fined $5 Billion by EU in Android Case

The European Union plans to hit Google with a record antitrust fine of $5.06 billion, according to an official familiar with the matter, in a decision that could loosen the company’s grip on its biggest growth engine: mobile phones.

Published 3 months ago

Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’

Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’

Ben Bernanke, the former chair of the Federal Reserve, remains upbeat about the economy’s outlook and isn’t particularly alarmed by recent bond-market developments many see as hinting at trouble down the road.

Published 3 months ago

Trump Reverses Tack on Russian Election Meddling

Trump Reverses Tack on Russian Election Meddling

President Donald Trump said he has “full faith” in U.S. intelligence services and accepts that Russia meddled in the 2016 elections, reversing course from his remarks alongside Vladimir Putin after a barrage of criticism that he failed to stand up to the Russian president.

Published 3 months ago

Texas Instruments CEO Resigns After Code of Conduct Violations

Texas Instruments CEO Resigns After Code of Conduct Violations

Texas Instruments Chief Executive Brian Crutcher has resigned over violations of the company’s code of conduct, less than two months after taking control of the company.

Published 3 months ago

Inside the Food Fight Over Home Delivery

Inside the Food Fight Over Home Delivery

Grocers including FreshDirect are betting millions on high-tech distribution centers that will move food faster and convince more customers to ditch supermarkets for digital shopping carts.

Published 3 months ago

Trump’s Tariffs Find Friends in Minnesota’s North, Foes in South

Trump’s Tariffs Find Friends in Minnesota’s North, Foes in South

President Trump’s tariffs on steel imports marked a victory for the Mesabi Iron Range region of northern Minnesota, boosting the prospects of a Republican congressional candidate. But Mr. Trump’s tariffs are creating concerns for Republican candidates in other districts in the state.

Published 3 months ago

New York-London in 3½ Hours? Supersonic Travel May Be Back.

New York-London in 3½ Hours? Supersonic Travel May Be Back.

Fifteen years after the Concorde last flew, investors, plane makers and equipment suppliers are pushing to revive superfast airliners and business jets. But will regulators go along—and will passengers be willing to pay?

Published 3 months ago

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

ETFs Unlikely to Cause Widespread Market Disruptions, Research Shows

The deluge of money flooding into passive investments can swing stock prices, but fears of widespread market disruptions are overblown, according to a new report from S&P Global.

Published 3 months ago

Elon Musk Apologizes for Calling Cave Rescuer a Pedophile

Elon Musk Apologizes for Calling Cave Rescuer a Pedophile

Tesla Chief Executive Elon Musk has apologized for lashing out at the British cave explorer who dismissed his efforts to help rescue the youth soccer team trapped in a Thai cave.

Published 3 months ago

Google to Be Fined $5 Billion by EU in Android Case

Google to Be Fined $5 Billion by EU in Android Case

The European Union plans to hit Google with a €4.34 billion ($5.04 billion) antitrust fine in the Android case. EU commissioners are set to approve the decision Wednesday morning.

Published 3 months ago