Recent Posts

USA trade deficit widened in November to a 9-month high

  Bloomberg The US trade deficit widened to a nine-month high in November as exports fell and companies and governments imported the most since August 2015. The gap grew by 6.8 percent to $45.2 billion from a revised $42.4 billion in the prior month, Commerce Department figures showed. The November shortfall was in line with the Bloomberg survey median for ...

Read More »

Apple bosses see pay drop in 2016

  Bloomberg Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement. The pay packages included $2.8 million in salary and cash bonus, and $20 million in equity ...

Read More »

Volkswagen close to settling US criminal probe

  Bloomberg Volkswagen AG is close to reaching a multibillion dollar settlement with the Justice Department over its cheating of diesel emissions tests, according to people familiar with the matter, wrapping up the company’s exposure to US authorities in the long-running scandal. The resolution, which could come as soon as next week, would include criminal and civil penalties, said the ...

Read More »
Send this to a friend