(Reuters) -Canada Pension Plan Investment Board on Wednesday agreed to buy marine terminal operator Ports America from investment firm Oaktree Capital Management LP. The deal values Ports America at over […]
Biden, Needing a Win, Enters a Sprint for his Economic Agenda
WASHINGTON — President Biden, his aides and his allies in Congress face a September sprint to secure a legislative victory that could define his early presidency. Democrats are racing the […]
Bank of America focuses on loan growth as rate hikes fade into the distance
-Bank of America Corp shares tumbled on Wednesday after the second-largest U.S. lender detailed its sensitivity to low interest rates and the Federal Reserve indicated it has no plans to […]
Biden’s Tax Plan Aims to Raise $2.5 Trillion and End Profit-Shifting
WASHINGTON — Large companies like Apple and Bristol Myers Squibb have long employed complicated maneuvers to reduce or eliminate their tax bills by shifting income on paper between countries. The […]
EVRAZ North America moving forward with steel mill expansion in Pueblo, solar energy project
EVRAZ North America is moving forward with a $500 million expansion of its steel plant in Pueblo and will receive millions of dollars in tax incentives. The EVRAZ Rocky Mountain […]
Bill Gross predicts value outperforms growth, based on rates correlation
NEW YORK (Reuters) – Billionaire investor Bill Gross is predicting that value stocks like IBM (IBM.N) and Altria Group (MO.N) are likely to fare better than growth stocks like Apple […]
Trump says he would consider meeting Venezuela's Maduro but has 'turned them down': Axios
WASHINGTON (Reuters) – President Donald Trump said in an interview published on Sunday that he would consider meeting Venezuelan President Nicolas Maduro and played down his earlier decision to recognize […]
Mexico says Trump agreed to help it meet global oil cut target
MEXICO CITY (Reuters) – President Donald Trump has “generously” agreed to cut American oil output by an additional 250,000 barrels per day to help Mexico contribute to global reductions, his […]