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Updated: 36 min 55 sec ago

Trump FDA Nominee Wants Lower Drug Costs With More Generics - Bloomberg

2 hours 57 min ago

Channel NewsAsia

Trump FDA Nominee Wants Lower Drug Costs With More Generics
Bloomberg
President Donald Trump's pick to head the U.S. Food and Drug Administration is among the most vigorous advocates of lowering drug costs by approving cheap generics faster, an initiative aimed directly at the profit centers of major companies. Scott ...
FDA nominee to recuse himself from decisions on more than 20 health-care companiesWashington Post
FDA Nominee Details Drug Industry TiesNew York Times
FDA nominee moves to untangle potential conflicts of interestReuters
MarketWatch -Duke Chronicle -Drug Store News -STAT
all 13 news articles »

Fed's Rosengren wants four rate hikes this year - CNBC

3 hours 33 min ago

CNBC

Fed's Rosengren wants four rate hikes this year
CNBC
If Boston Federal Reserve President Eric Rosengren gets his way, the central bank will be a lot more aggressive this year with raising interest rates. In a speech Wednesday, Rosengren said he believes four rate hikes this year are appropriate, with the ...
Fed's Rosengren Says There Should Be Four Rate Hikes in 2017Bloomberg
Dow Falls as Fed's Rosengren Calls for 4 Rate Hikes in 2017, Financials SlipTheStreet.com
Fed's Rosengren says sees three further rate hikes this yearReuters
The Boston Globe -MarketWatch -Wall Street Journal (subscription) -Nasdaq
all 20 news articles »

Investment from China in Kushner Manhattan property is off - Pueblo Chieftain

4 hours 45 min ago

Investment from China in Kushner Manhattan property is off
Pueblo Chieftain
NEW YORK (AP) — Talks with a Chinese company seeking a stake in a Fifth Avenue skyscraper owned by the family of Jared Kushner are over. Negotiations with Anbang Insurance to help fund redevelopment of the Kushner Cos.' struggling office tower on ...

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Pending home sales see warm spring surge, up 5.5% - CNBC

5 hours 3 min ago

CNBC

Pending home sales see warm spring surge, up 5.5%
CNBC
The warmest weather in several decades and the potential for higher interest rates later this year sent home shoppers flooding back into the nation's neighborhoods in February. A monthly index of signed sales contracts to buy existing homes rose 5.5 ...
Pending Sales of Existing Homes in US Rise Most Since 2010Bloomberg
Pending home sales rebound more than expectedBusiness Insider
Contracts to Buy US Homes Hit Highest Level Since AprilU.S. News & World Report
MarketWatch -Nasdaq -Investor's Business Daily -Financial Times
all 13 news articles »

Anbang Deal With Kushner Unravels in Latest Setback for Insurer - Bloomberg

5 hours 14 min ago

Bloomberg

Anbang Deal With Kushner Unravels in Latest Setback for Insurer
Bloomberg
Just over a year ago, Anbang Insurance Group Co. was the undisputed leader of a band of aggressive Chinese investors pushing into overseas deals. Not anymore. The unraveling of a potential deal to redevelop a Manhattan tower with links to President ...
Jared Kushner's White House Job May Have Just Cost His Family $400 MillionVanity Fair
Investment from China in Kushner Manhattan property is offWashington Post
Jared Kushner's family firm ends investment talks with China's AnbangBBC News
South China Morning Post
all 19 news articles »

LaGuardia checkpoint closes due to unknown substance in bag - Fox News

5 hours 57 min ago

FOX 29 News Philadelphia

LaGuardia checkpoint closes due to unknown substance in bag
Fox News
NEW YORK – A security checkpoint was closed for about 40 minutes at New York's LaGuardia Airport after an alarm went off and agents found an unknown substance in a carry-on bag. The Fire Department says three people have been taken to a hospital to ...
3 TSA agents injured by 'hazardous material' at LaGuardia Airport: FDNYNew York's PIX11 / WPIX-TV
'Hazardous' substance at LaGuardia was food, Port Authority saysNewsday
Irritating food hurts TSA agents at New York airport -mediaYahoo News
New York Post -CBS St. Louis -wreg.com -amNY
all 27 news articles »

Tesla's new China backer: A tech giant with hundreds of millions of users - CNNMoney

7 hours 41 min ago

CNNMoney

Tesla's new China backer: A tech giant with hundreds of millions of users
CNNMoney
Tech and gaming giant Tencent (TCEHY) just ponied up $1.8 billion for a 5% stake in Tesla (TSLA). Led by its media shy CEO, "Pony" Ma Huateng, Tencent is huge. It has a market value of more than $275 billion, eclipsing that of Chinese e-commerce giant ...
Tencent Purchases 5% Stake In TeslaCleanTechnica
As Tesla's Chinese Sales Boom, Tencent Could Be a Useful PartnerTheStreet.com
Tesla Sells 5 Percent Stake to China's Tencent for $1.78 BillionNewsweek
Forbes -Reuters -Space Daily -NDTV
all 68 news articles »

EU Blocks Deutsche Boerse's $14 Billion Takeover of London Stock Exchange - Bloomberg

9 hours 49 min ago

The Independent

EU Blocks Deutsche Boerse's $14 Billion Takeover of London Stock Exchange
Bloomberg
European Union regulators dealt a final blow to Deutsche Boerse AG's planned takeover of London Stock Exchange Group Plc, a symbolic block on EU-U.K. integration on the same day Britain formally serves notice of its decision to quit the EU. The most ...
EU Blocks Merger of London Stock Exchange and Deutsche BörseNew York Times
Deutsche Boerse, LSE merger plans rejected by EU regulatorsReuters
EU blocks $28 billion LSE, Deutsche Börse mergerMarketWatch
TheStreet.com -BBC News -The Guardian -U.S. News & World Report
all 54 news articles »

Defiant Brexit Voters Ready for the Pain - Daily Beast

10 hours 59 min ago

Daily Beast

Defiant Brexit Voters Ready for the Pain
Daily Beast
As Britain pulls out of the European Union, hardcore Brexit areas are standing firm behind the 'Leave' vote despite the country's economic worries. Nico Hines · Kimberly Dozier. 03.29.17 1:00 AM ET. Castle Point, Essex, ENGLAND—Looking out from the ...

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Toshiba's US Nuclear Unit Westinghouse Files for Bankruptcy - Bloomberg

11 hours 45 min ago

Financial Express

Toshiba's US Nuclear Unit Westinghouse Files for Bankruptcy
Bloomberg
Toshiba Corp.'s U.S. nuclear unit, Westinghouse Electric, filed for Chapter 11 bankruptcy in New York court after the Japanese company warned of a possible $6.2 billion writedown on the nuclear energy business. The Pennsylvania-based reactor developer, ...
Toshiba's Westinghouse files for US bankruptcyBBC News
Toshiba Shares Gain After Japanese Government Confirms Westinghouse Chapter 11TheStreet.com
Toshiba approves Westinghouse bankruptcy filingPittsburgh Post-Gazette
Fox Business -Reuters -Fortune -Business Wire (press release)
all 50 news articles »

Musk startup Neuralink seeks to get brains to interface directly with computers - The Japan Times

Tue, 03/28/2017 - 20:33

Musk startup Neuralink seeks to get brains to interface directly with computers
The Japan Times
LOS ANGELES – Not content to reach for Mars and dethrone fossil fuels, tech entrepreneur Elon Musk on Tuesday is turning his focus to delving into people's minds. In a message fired off Tuesday on Twitter, Musk appeared to confirm he is creating a ...

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At BlackRock, Machines Are Rising Over Managers to Pick Stocks - New York Times

Tue, 03/28/2017 - 19:01

New York Times

At BlackRock, Machines Are Rising Over Managers to Pick Stocks
New York Times
Laurence D. Fink, the chief of BlackRock, has become convinced that the company must bet big on the power of machines., be it Aladdin, the firm's risk management platform; robo-advisers; big data; or even artificial intelligence. Credit Damon Winter ...
BlackRock Cuts Dozens of Jobs and Fees in Stock-Picking UnitBloomberg
BlackRock cuts fees and jobs; stockpicking goes high-techReuters
BlackRock Positions Equity Investment Platform for Future of Active ManagementYahoo Finance
Financial Times
all 7 news articles »

Partner at John Paulson's Hedge Fund Plunged to His Death in Apparent Suicide - Fortune

Tue, 03/28/2017 - 18:24

Fortune

Partner at John Paulson's Hedge Fund Plunged to His Death in Apparent Suicide
Fortune
A Paulson & Co. partner that once worked for Bernie Madoff feeder fund plunged to his death in an apparent suicide Monday. Charles Murphy, 56, was found on the fourth-floor terrace of luxury New York hotel Sofitel, after jumping from a room on the 24th ...
Investor burned by Bernie Madoff jumps to death from hotelCNBC
Hedge fund exec whose former firm was linked to Madoff jumps to his deathCNNMoney
Investor burned by Madoff leaps to death from luxury hotel balconyNew York Post
New York Daily News -FINalternatives -Patch.com -Greenwich Time
all 32 news articles »

Layoffs loom as state moves on incentives to save other Carrier jobs - Indianapolis Business Journal

Tue, 03/28/2017 - 18:08

Washington Post

Layoffs loom as state moves on incentives to save other Carrier jobs
Indianapolis Business Journal
Even as layoffs loom at Carrier Corp.'s Indianapolis plant, state officials are moving forward with plans to offer the company financial incentives for the jobs that will remain here. On Tuesday, the Indiana Economic Development Corp.'s board of ...
Indiana Carrier Deal Touted By Trump Expected To Receive State EndorsementManufacturing.net
EDC Expected To Approve Carrier's $7M Tax Incentives DealWBAA
Carrier deal touted by Trump unusual for IndianaWaco Tribune-Herald
WTHR -Washington Times Herald
all 23 news articles »

Republicans vote to block resolutions on Trump's tax returns - The Hill

Tue, 03/28/2017 - 17:50

The Hill

Republicans vote to block resolutions on Trump's tax returns
The Hill
The House and its tax-writing committee voted on Tuesday to block Democratic resolutions demanding President Trump's tax returns. The votes were latest of many Democratic attempts to get Congress to request Trump's tax returns. While none of the ...
5 Reasons Trump's Promised Tax Overhaul Won't Be So EasyNew York Times
Trump's Road Map Back to WinningU.S. News & World Report
House GOP blocks effort by Democrats to obtain Trump's taxesWashington Post
The Boston Globe -Bloomberg -Charleston Post Courier -The Atlantic
all 226 news articles »

Wells Fargo Faulted for `Extensive' Discrimination in OCC Review - Bloomberg

Tue, 03/28/2017 - 17:00

Washington Post

Wells Fargo Faulted for `Extensive' Discrimination in OCC Review
Bloomberg
Wells Fargo & Co. engaged in an “extensive and pervasive pattern” of discriminatory and illegal lending practices for years, a U.S. regulator said in slashing a key rating of how the bank serves communities, triggering restrictions that may hamper its ...
Wells Fargo to pay $110 million to settle lawsuit over account abusesReuters
Citing Misdeeds, US Gives Wells Fargo Failing Grade on LendingNew York Times
Wells Fargo gets lower grade over lending discrimination, accounts scandalUSA TODAY
TheStreet.com -WRAL.com -CNNMoney -MarketWatch
all 111 news articles »

How major US stock market indexes fared on Tuesday - Washington Post

Tue, 03/28/2017 - 16:11

Washington Post

How major US stock market indexes fared on Tuesday
Washington Post
U.S. stock indexes closed sharply higher Tuesday as investors welcomed a survey showing consumer confidence has climbed to the highest level in more than 16 years. Bank stocks led the broad market rally, which snapped an eight-day losing streak for the ...
The Dow Jones Industrial Average Finally Snaps Its Near-Record Losing StreakETF Daily News (blog)
Stocks at Session Highs on Gains in Energy, Financials; Dow to Snap Losing StreakTheStreet.com
Yes, the stock market rally is over. But don't blame it on Trump.The Hill (blog)
Investor's Business Daily -Investorplace.com -MarketWatch -Nasdaq
all 113 news articles »

How Craft Beer's Popularity Is Hurting Craft Beer - Fortune

Tue, 03/28/2017 - 13:25

Fortune

How Craft Beer's Popularity Is Hurting Craft Beer
Fortune
American craft brewers reported cooling volume growth in 2016, but it's not because beer lovers have lost their taste for the hops. The Brewers Association, a trade group that represents the nation's craft brewers, reported Tuesday that volume ...
Big beer acquisitions slows craft beer growthUSA TODAY
Craft Beer Growth Slows Substantially in 2016, According to Year-End NumbersPaste Magazine
Here's why NC craft brewers could expand under a new House billCharlotte Observer
Detroit Free Press -TheStreet.com -WABE 90.1 FM -Brewers Association (press release) (blog)
all 18 news articles »

Will Trump Use Tax Reform to Create a Scholarship Tax Credit? - U.S. News & World Report

Tue, 03/28/2017 - 13:10

U.S. News & World Report

Will Trump Use Tax Reform to Create a Scholarship Tax Credit?
U.S. News & World Report
Education policy experts hope the president will use tax reform to make good on his promise to steer billions to school choice. By Lauren Camera, Education Reporter | March 28, 2017, at 2:05 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel.
Godfather Of Republican Border Adjustment Tax Plan Was A John Kerry AdviserDaily Caller
What we know (and don't) about Trump's tax reform planABC News
Trump's Take on Corporate Tax Rate Could Look Very Much Like Obama'sNew York Times
Salon -Washington Post -ValueWalk -Bloomberg
all 168 news articles »

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