In his annual letter to investors, General Electric Chief Executive Jeff Immelt said the conglomerate’s transformation over the past decade has enabled it to profit from increasingly important markets for its jet engines and power turbines.
President Donald Trump’s plan to re-examine a range of visa programs to protect American jobs has many Indian engineers and computer scientists employed by U.S. tech companies putting life plans on hold and questioning career decisions.
Pharmaceutical companies held most of their traditional January list-price increases to under 10% this year, although the median boost was little-changed from 2016. Among the critics they face now is President Trump.
Within three decades, artificial intelligence will be smarter than the human brain, supersmart robots will outnumber humans and more than a trillion objects will be connected to the internet, says the CEO of SoftBank.
This week, key speeches by Donald Trump and top Federal Reserve officials are set to guide interest rates, the dollar and other asset values, while inflation gauges in the U.S., Europe and Japan will signal growth and rate prospects in several of the world’s largest economie
Since the election of President Donald Trump, consumer confidence and sentiment surveys that ask participants about the health of the economy have seen their responses divided like never before along partisan lines.