Trump’s Business Ties in the Gulf Raise Questions About His Allegiances

Trump's Business Ties in the Gulf Raise Questions About His Allegiances

LONDON -- President Trump has done business with royals from Saudi Arabia for at least 20 years, since he sold the Plaza Hotel to a partnership formed by a Saudi prince. Mr. Trump has earned millions of dollars from the United Arab Emirates for putting … Continue reading at nytimes.com

Accuser Jewel Allison Says Cosby Is in a Prison of His Own Making

NORRISTOWN, Pa. -- Jewel Allison stood on the courthouse steps after a judge declared a mistrial in the Bill Cosby case and listened to chimes marking the 11 o'clock hour. "I don't think it's a coincidence that we came out here and I'm hearing … Continue reading at nbcnews.com

After The Amazon Deal: What Will Shopping At Whole Foods Feel Like?

When the news broke that Amazon had agreed to buy Whole Foods for $ 13.7 billion, the retail food sector went a little bananas. The stock prices of large food retail chains, such as Costco, tumbled a bit. And this headline from Business Insider helps … Continue reading at npr.org

Small Business

Corporate spending to rise modestly as global growth picks up

Corporate investments are picking gingerly up again, as chief executives are heartened by signs of solid and broad-based global economic growth, but the "animal spirits" unleashed in the US last year by hopes over president Donald Trump's economic … Continue reading at ft.com

BTG Pactual: Brazil is like 'House of Cards' on acid

The Petrobras corruption scandal in Brazil, the country's largest ever, has helped topple one president, imperilled a second, hit profits at companies from the UK to the US, and led to several imprisonments. It also engulfed Andr? Esteves, the … Continue reading at ft.com

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Small Business

Bond Traders Still Come Out as Winners After Four Fed Rate Hikes

It's been 18 months since the Federal Reserve's first post-crisis increase in interest rates. Four hikes in, investors in the $ 14 trillion Treasuries market are laughing all the way to the bank. The 10-year yield ended last week at 2.15 percent, after … Continue reading at bloomberg.com

Meet the Legislation Designed to Stifle Shareholders

When Wells Fargo recovered $ 60 million in compensation from two top executives last September, it was a rare example of managers being held responsible for a titanic oversight failure. To meet sales quotas, the bank had opened thousands of sham accounts … Continue reading at nytimes.com

Fast-casual restaurant sales are slowing, study shows

A new report on the top 250 fast-casual restaurant chains shows the segment’s revenue grew in 2016, but not at the same pace as in previous years. The annual report from Technomic found that the top 250 fast casual chains grew sales cumulatively 8.4 … Continue reading at bizjournals.com

Trade: Much More Than A NAFTA Thought

The S&P/TSX Composite Index has dramatically underperformed global markets this year even as Canadian earnings and economic growth have rebounded. Shifting trade winds are likely playing a role. After making rather bellicose statements on the campaign … Continue reading at seekingalpha.com

Vista Tower lands record 0 million construction loan from Chinese bank

Vista Tower will be Chicago’s third-tallest building when it’s completed in 2020, but the ultraluxury condominium and hotel tower is already No. 1 in another category: the size of its construction loan. The 94-story tower’s developers have borrowed $ 700 … Continue reading at chicagotribune.com

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