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May 15, 2018 International News, Uncategorized
Bloomberg The chief executive of Fiat Chrysler Automobiles NV admonished a company spokesman in 2015 for saying the company didn’t rig its vehicles with illegal software to pass emissions tests, according to documents filed in a related lawsuit. An excerpt of the 2015 email from CEO Sergio Marchionne to Fiat Chrysler’s then-head of US communications, Gualberto Ranieri, was revealed in ...
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May 15, 2018 Politics, Uncategorized
Bloomberg Hamas vowed to keep protesters storming the Gaza border on Tuesday, a day after 59 Palestinians were killed in confrontations with Israeli troops, the bloodiest toll in the seaside territory since a 2014 war. Monday’s casualties, which included more than 1,200 people wounded by live fire, were a stark contrast to the festivity of President Donald Trump’s inauguration of ...
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May 15, 2018 Politics
Bloomberg Prime Minister Narendra Modi’s Bharatiya Janata Party won the most seats in a closely-fought election in the southern state of Karnataka but may not be able to form a government after two rival parties vowed to form a coalition government. The BJP is leading in 104 seats, eight short of the majority mark in the 224-member assembly, according to ...
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May 15, 2018 Politics
Bloomberg The future of kids brought into the US by their undocumented parents faces a crucial test in a federal appeals court in California. The Trump administration seeks to knock down one of a trio of lower-court decisions that have barred the government from ending the program for so-called Dreamers that allowed the children to stay in the country. On ...
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May 15, 2018 Politics
Bloomberg Mahathir Mohamad said he may stay on as Malaysia’s prime minister for “one or two years,†after earlier agreeing to step aside for jailed coalition leader Anwar Ibrahim. In remarks on Tuesday, the 92-year-old said that Anwar — a former enemy turned ally — may just join the cabinet for a while after his expected release from prison on ...
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May 15, 2018 Politics
Bloomberg Britain’s quest to leave the European Union is riddled with infighting, and now another domestic political battle looks set to rumble on through the increasingly tricky negotiations. Barring an 11th-hour deal, the Scottish Parliament in Edinburgh is expected to withhold consent on Tuesday for Prime Minister Theresa May’s key Brexit legislation. The UK Parliament has the right to disregard ...
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May 15, 2018 Politics
Bloomberg Ex-Taiwanese President Ma Ying-jeou was sentenced to four months in jail for leaking details of a criminal investigation while still in office, although the former Kuomintang leader could still avoid jail time by paying a fine or winning on appeal. Taiwan’s High Court on Tuesday found Ma, 67, guilty of violating the Communication Security and Surveillance Act, according to ...
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May 15, 2018 Opinion
Big ideas are in the air. After a few years of fighting over a few percentage points in the top marginal tax rate, some leaders are starting to discuss sweeping changes in economic policy. One of these is the universal basic income, the idea of giving every adult citizen a yearly stipend. A second is the job guarantee, in which ...
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May 15, 2018 Opinion
Global banks are rushing to plant their flags in China. That doesn’t guarantee they’ll be winners. Last week, JPMorgan Chase & Co. lodged an application to take a majority stake in a securities company, having exited a venture where it was a junior partner. The Wall Street firm follows UBS Group AG and Nomura Holdings Inc., which were the first ...
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May 15, 2018 Opinion
Fujifilm Holdings Corp. should see the big picture. The Japanese company may have lost face in being beaten by activists, but the collapse of its $6.1 billion takeover of Xerox Corp. is a relief. Management can now go back to focusing on growth, rather than fighting the likes of Carl Icahn and Darwin Deason. The attempt to double down on ...
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