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News & Updates

March 8, 2017 EU consumer agencies to join forces to press VW over dieselgate scandal

Source: Reuters

European national consumer agencies plan joint action to seek compensation for Volkswagen (VOWG_p.DE) drivers who bought emissions-cheating diesel cars on the strength of their green credentials, the European Commission said on...

March 8, 2017 Fiat Chrysler CEO won't close door on GM merger

Source: USA Today

Fiat Chrysler Automobiles CEO Sergio Marchionne is questioning General Motors' decision this week to sell most of its European operations and said that he may still seek a tie-up with the rival automaker

March 8, 2017 China posts first monthly trade deficit in three years as imports soar

Source: Reuters

China unexpectedly posted its first trade gap in three years in February as a construction boom pushed imports much higher than expected and as increasing U.S. protectionist rhetoric casts a spotlight on the export giant's trade...

March 8, 2017 State Street using investment power to get more women on boards

Source: USA Today

NEW YORK -- One of the investment world's larger players said Tuesday that it plans to use its considerable influence to compel companies to put more women on their boards of directors

March 8, 2017 China's ZTE pleads guilty, settles U.S. sanctions case for nearly $900 million

Source: Reuters

A five-year investigation found ZTE conspired to evade U.S. embargoes by buying U.S. components, incorporating them into ZTE equipment and illegally shipping them to Iran

March 7, 2017 How the Fed's rate hike will affect you - text/video

Source: Channel 9 NBC

Federal Reserve Chair Janet Yellen said Friday the Fed will likely resume raising interest rates later this March to reflect a strengthening job market.

March 7, 2017 Exxon to invest $20 billion on US Gulf Coast refining projects

Source: CNBC

Exxon Mobil, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast.

March 7, 2017 Oil prices entrenched in tight range; eyes on data

Source: Reuters

Oil prices were little changed on Tuesday, trading in a tight range as rising U.S. shale output offset OPEC crude production cuts, with investors seeking clearer direction from upcoming inventory data and comments from senior oil...

March 7, 2017 Can Uber be saved from itself?

Source: The Verge

The week began with a terribly embarrassing video of Uber CEO Travis Kalanick being a jerk to one of his drivers, and ended with a bombshell report about a secret and legally questionable program used by Uber to evade government...

March 7, 2017 IBM, Salesforce Strike Global Partnership on Cloud, AI

Source: Fortune

The two Fortune 500 companies on Monday afternoon revealed a sweeping global strategic partnership that aligns one iconic company's multiyear turnaround effort with another's staggering growth ambitions. According to the terms of...

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