More business leaders and Wall Street strategists are expressing concerns about the possible consequences of President Donald Trump’s protectionist policies and unpredictable nature on markets and the economy. But we all know that actions speak louder than words. What investors actually do contrasts sharply with what people say. The Dow Jones, S&P 500 and Nasdaq…
Swiss voters have shocked the political establishment by rejecting a proposed reform that would have brought the country’s corporate tax system in line with international standards. The tax reforms, widely supported by the business community, would have removed a set of special low-tax privileges that had encouraged many multinational companies to set up operations in…
Nordstrom. NeimanMarcus. TJ Maxx. And now Sears and Kmart. Sears Holdings, the company that owns Sears and Kmart retail stores, reportedly announced over the weekend that it would remove 31 Trump-branded items from its website. The company removed these products as part of a plan to focus on its “most profitable items”, Sears spoke to…
cnn — A floating village is now stranded on the edge of a lake in the Brazilian Amazon, as a severe drought leaves communities struggling to access food, fresh water and fuel. The dramatic drop in water levels at Lake Puraquequara, east of Manaus, the capital of Amazonas state, has left boats and floating buildings…
cnn — Center-right candidate Daniel Noboa, the 35-year-old son of a banana tycoon, will be to become Ecuador’s next president, following an election driven by concerns over rising violence and the deteriorating security situation in the Latin American country. More than 10 million people voted in the presidential election and data from the National Electoral…
Apple CEO Tim Cook wants the tech industry to take action against “fake news” polluting the web. “There needs to be a massive campaign. We need to think about every demographic,” Cook said in a rare interview. Speaking to The Daily Telegraph newspaper, Cook also said that “all of our technology companies need to create…
It’s a good day for OPEC. Data released Monday by the oil cartel shows that its members have largely complied with the agreement to drastically reduce production. The confirmation caps a remarkable year for OPEC, which was forced to develop a plan to raise prices after they fell to $26 a barrel in February 2016….
cnn — Two people have died after a suspected grizzly bear attack in Canada’s Banff National Park, officials said. Rescuers were first alerted around 8 p.m. Friday after receiving “an alert from an inReach/GPS device indicating a bear attack,” the national park said in a statement. declarations. The alert says the incident occurred in the…
America is great because of its willingness to accept talented immigrants. That’s what Nandan Nilekani, billionaire co-founder of Infosys Technologies, would tell President Trump if he had the chance. “If you really want to keep the United States… globally competitive, you have to be open to foreign talent,” Nilekani said on the sidelines of CNN’s…
Mexico cnn — At least 10 Cuban migrants died and 17 others were injured when the truck they were traveling in overturned in southern Mexico on Sunday, Mexican authorities said. The truck was “irregularly” transporting 27 Cuban nationals on the Pijijiapan-Tonalá highway in the southern state of Chiapas when the accident occurred, the National Migration…