Citigroup Is the Last of the Cheap Banks

Related Link: 

Citigroup is the last major bank trading at an ultracheap valuation.

Financial Crisis, Regulatory Agenda Shaped Obama's Economic Legacy

Related Link: 

President Barack Obama took office in the middle of a financial crisis with Corporate America hemorrhaging jobs. He leaves with stocks near record highs and 75 straight months of job creation. Yet his economic legacy is marred by a long run of slow wage growth, low worker productivity and the slowest economic expansion in post-World War II history.

Google Agrees to Buy Twitter Unit Called Fabric

Related Link: 

Alphabet Inc.’s Google agreed to acquire Fabric, a unit from Twitter that runs a tool for developers to make mobile apps.

Pearson Shares Dive on Profit Warning

Related Link: 

Shares in Pearson plunged more than 30% after the world’s largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

Baidu CEO Gets Management Help

Related Link: 

China Circuit columnist Li Yuan says Baidu’s CEO is getting management help with a new president, Qi Lu, a former Microsoft executive.

On Economy, Obama Wanted More Change Than Americans Did

Related Link: 

President Barack Obama pushed through a more complete safety net and a more redistributive tax code, but his efforts to remake finance, technology, energy and labor markets are in doubt, writes Greg Ip.

Trump Victory Slows Business Investment in Iran

Related Link: 

Small and midsize companies are rethinking or delaying entry to Iran following the election of Donald Trump, a break from their bigger counterparts which have struck recent deals despite concerns of fresh sanctions.

SEC Fines GM $1 Million for Accounting Control Failures

Related Link: 

General Motors Co. agreed to pay a $1 million penalty to settle charges from U.S. securities regulators that the Detroit auto giant failed to alert its accountants to a defective ignition switch in a timely manner.

Commerce Secretary Nominee Wilbur Ross Takes on China in Hearing

Related Link: 

Wilbur Ross, the billionaire investor tapped by President-elect Donald Trump to serve as his commerce secretary, on Wednesday took the incoming administration’s tough-on-China trade talk to Capitol Hill.

Shale Rebound Will Cramp OPEC's Style

Related Link: 

U.S. shale oil production is rising too quickly for OPEC’s and Russia’s comfort.

Syndicate content