Bloomberg Forget car salesmen. General Motors Co. should think a little more like ice cream vendors, according to billionaire hedge fund manager David Einhorn. Einhorn has been waging a months-long battle with GM to get the largest US automaker to split its stock into two classes — one would collect on the company’s dividend, and the other would capture the ...

Bloomberg There are plenty of explanations for the weaker-than-expected May jobs report, but the big picture is clear: The US labour market has lost some of its mojo. Monthly payroll gains are averaging 162,000 this year, a step down from the 2016 pace of 187,000, following a below-forecast rise last month and downward revisions to March and April in Labor ...

‘Back channels’ have been used by every modern president, from John F. Kennedy to Barack Obama. If that’s so, what’s the problem with the pre-inauguration contacts between White House adviser Jared Kushner and two Russian intermediaries? It’s a fair question. But that doesn’t mean that the right answer is a reflexive approval of Kushner’s contacts, as offered by Homeland Security ...