AUSTIN, Texas (Reuters) – Jeffrey Skilling, the former chief executive officer of Enron who received a 24-year prison sentence for his role in the company’s spectacular collapse, has been released from an Alabama prison camp and moved to a halfway house, records from the U.S. Bureau of Prisons showed on Thursday. FILE…
Month: August 2018
Exclusive: Third Point seeks to tap Campbell Soup board challengers – sources
(Reuters) – Activist investor Daniel Loeb’s hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of nominees to challenge Campbell Soup Co’s (CPB.N) board of directors, according to people familiar with the matter. The logo and ticker for Campbell Soup Co. are displayed…
U.S.-Mexico trade talks may pivot from metals tariffs to quotas
WASHINGTON (Reuters) – U.S. trade officials are pressing Mexico and possibly Canada to accept a quota plan to replace national security tariffs currently in place on imports of steel and aluminum, people briefed on the negotiations said on Thursday. FILE PHOTO: A worker holds stainless steel wire produced at TIM stainless steel…
Asian stocks bruised by Trump’s trade war threats
TOKYO (Reuters) – Asian shares came under renewed pressure on Friday as a report U.S. President Donald Trump was preparing to step up a trade war with Beijing sent Chinese stocks lower and partially erased gains made in this week’s global rally. FILE PHOTO: Pedestrians walk pass an electronic board showing the…
Canadian trade minister says need ‘right deal, not any deal’ on NAFTA
SINGAPORE (Reuters) – Canada’s trade minister said on Friday that Canada, the United States and Mexico are working to “get the right deal, not any deal” on a revamped North American trade pact, and there were risks to all if no agreement could be reached. Jim Carr, Canada’s minister for international trade…
As Tesla shares fall, Amazon takes over as most shorted U.S. stock
NEW YORK (Reuters) – With Tesla Inc’s (TSLA.O) shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as the most shorted U.S. stock to Amazon.com Inc (AMZN.O), according to data from financial technology and analytics firm S3 Partners. FILE PHOTO: A Tesla logo is seen in…
Canada’s Freeland says NAFTA talks with U.S. to resume Friday
WASHINGTON (Reuters) – Canada’s foreign minister Chrystia Freeland said on Thursday that talks between Canadian and U.S. officials over the renegotiation of the North American Free Trade Agreement (NAFTA) would resume on Friday. Candian Foreign Minister Chrystia Freeland speaks to journalists outside the U.S. Trade Representative’s office in Washington, U.S., August 28,…
U.S., Canada make late-night push for NAFTA; no deal yet
WASHINGTON (Reuters) – Top NAFTA negotiators from Canada and the United States wrapped up a third day of two-way talks on Thursday, agreeing to meet the next day to resolve final differences before a deadline, with Mexican counterparts on standby to rejoin negotiations. Despite some contentious issues still on the table, the…
Limited engagement: Top funds backed gunmaker Ruger board despite no talks
BOSTON (Reuters) – Funds run by BlackRock Inc (BLK.N) and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc (RGR.N) despite the company’s rare rejection of talks with the world’s top asset managers, disclosures to regulators on Thursday showed. FILE PHOTO: Rifles are seen at the Sturm, Ruger &…
BlackRock voted to replace Tesla’s Musk with independent chairman
NEW YORK (Reuters) – Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to replace Elon Musk with an independent chairman. FILE PHOTO: Tesla Motors Inc Chief Executive Elon Musk pauses during a news conference in Tokyo September 8, 2014. REUTERS/Toru Hanai/File…
#6 – Why Overthinking Kills Your SEO Results
Transcript There is an unlimited amount of SEO information you can consume online and this is often the problem. Anyone can give SEO advice and you get instant access to it. You then start to fill your mind with loads of information, most of which is probably conflicting, and this will eventually…
Japan’s Panasonic to move European headquarters to Amsterdam in October: Nikkei
(Reuters) – Panasonic Corp is to move its European headquarters from London to Amsterdam in October to avoid potential tax issues linked to Brexit, the Nikkei Asian Review s.nikkei.com/2wt6kal said on Thursday. A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File…
Trump allows targeted relief on steel, aluminum quotas: Commerce Department
WASHINGTON (Reuters) – U.S. President Donald Trump has signed proclamations permitting targeted relief from steel and aluminum quotas from some countries, the U.S. Commerce Department said on Wednesday. FILE PHOTO: A worker cuts a steel coil at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018. REUTERS/Aaron Josefczyk/File…
Chinese soy buyers leave U.S. exporters show empty handed
KANSAS CITY (Reuters) – An annual U.S. soy exporters’ conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years where billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies. Members of a Chinese trade delegation…
Canada’s Freeland says NAFTA trade talks with U.S. ‘very intense’
WASHINGTON (Reuters) – Canadian Foreign Minister Chrystia Freeland said on Wednesday that NAFTA trade negotiations with the United States were at a “very intense moment” and Canada was looking for compromises that were “win-win” for all sides. Candian Foreign Minister Chrystia Freeland speaks to journalists outside the U.S. Trade Representative’s office in…
Pressures on Didi intensify after latest passenger killing
SHANGHAI/BEIJING (Reuters) – China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting times. Logo of Didi Chuxing is seen at its headquarters building in Beijing, China August 28, 2018.…
Exclusive: Hyundai to ship China-made cars to Southeast Asia amid erratic sales recovery
SEOUL/BEIJING (Reuters) – Hyundai Motor Co (005380.KS) plans to ship China-made cars to Southeast Asia, its China joint venture and two people familiar with the matter told Reuters, as a plunge in Chinese sales has left much of its massive local manufacturing capacity idled. FILE PHOTO: A labourer works at the main…