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Would You Let Trump Run Your Company?

In Washington, people struggling to come to terms with figures from the corporate world, luring Rex Tillerson from Exxon Mobil Corp. to run the State Department and a string of Wall Streeters. The stock market initially boomed. Trump’s message to business has been simple: Finally you have an executive in

Australia Pitches Trump on a Plan to Fix Americas Roads and Bridges

Among his many campaign promises, Donald Trump pledged to fix America’s crumbling roads and bridges with finance new construction without incurring new debt. In 2014 the Australian government budgeted A$5 billion ($3.9 billion) over five years to provide incentives to state governments to sell or lease public assets and invest

From the FBI to NASA, Here Are Trumps Research Cuts

The deep cuts to scientific research in President Trump’s first budget request met resistance from Congress. But federal research spending is already slowing. In the first seven months of 2017 the value of R&D contracts awarded by federal agencies fell 16 percent from the same period last year, according to

Russia Braces for Permanent Sanctions From the U.S.

Andrey Kostin, a former Soviet diplomat in London who runs Russia’s second-largest bank, was jubilant when Donald Trump was elected last year. “We may soon see U.S. financial sanctions eased or even lifted,” he said at the time. Now, he’s changed his tune as his state-run VTB Group, like other targeted

How Wells Fargos Troubles Went From Bad to Worse

disclosed yet another snafu, this time over insurance for auto loans, and it’s been accused of malfeasance related to mortgage lending and consumer-overdraft fees. It also faces discrimination complaints and fraud allegations related to shareholder losses. Investors aren’t happy.1. What are the new allegations against Wells Fargo? America’s third-largest lender has

Horse Clones Start Heading to the Races

Santa Anita Park, in the Los Angeles suburb of Arcadia, is the racetrack where a bay-colored horse named Seabiscuit became a national hero some 80 years ago. Today, about 14,000 people still show up on a typical racing day to watch the thoroughbreds. Punters wagered more than $660 million here

Hollywood Duds Hit at the Box Office as Ticket Sales Drop

It’s been a dismal summer season at the North American box office. Sales as of Aug. 3 are down 8.8 percent from last year, mainly the result of franchise fatigue, according to Bloomberg Intelligence’s Paul Sweeney. While Warner Bros.’s "Wonder Woman" and Sony Corp.’s "Spider-Man" have been top performers, they’ve done little to boost

Watchmakers Are Betting Big Bucks on Green This Year

“Color is back in a big way,” says Matthias Breschan, chief executive officer of innovative Swiss watchmaker Rado. After a few years of pushing blue watch faces, brands have been seeking greener pastures. Deep-emerald dials, bezels, cases, and even bands are rolling out of the workshops of a diverse variety

Sling Needs to Cut the Cord From Dish

As Charlie Ergen drags his feet in finding a deal for Dish Network Corp., it's becoming clear that Sling TV especially deserves a new home sooner rather than later. Sling is Dish's live TV streaming service that starts at $20 a month and offers networks from HGTV and ESPN to CNN

Concealed Carry Could Be Headed for the Supreme Court

On July 25, a divided three-judge panel of the U.S. Court of Appeals for the D.C. Circuit struck down Washington’s tough local restriction on who can obtain a permit to carry a concealed handgun in public. The ruling conflicted with those of four other intermediate courts of appeal that in recent

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