investment bank

  • Donald Trump Aug 20, 2019

    White House Insists ‘Fundamentals’ of Economy Are Strong

    The “fundamentals” of the U.S. economy are solid, the White House asserted Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump’s reelection. Exhibiting no such concern, senior adviser Kellyanne Conway declared to reporters, “The fact is, the fundamentals of our economy are very strong,” It’s a phrase with...

  • judge Jun 11, 2019

    New York Host Location of Woodstock 50 Pulls Out, Organizers Said to Be in Talks With Other Venue

    The fate of the Woodstock 50 festival was unclear Monday when the host of the event pulled out, but organizers said they were in talks with another venue

  • judge May 18, 2019

    Woodstock 50 Festival: Investment Bank Is Lining Up Money

    Organizers of the Woodstock 50 festival are signaling progress toward resolving a financial crunch after a falling-out with backer Amplifi Live. The festival announced Friday that investment bank Oppenheimer & Co. has signed on as a financial adviser to pull money together. Meanwhile, organizers say preparations continue. The anniversary event is scheduled Aug. 16-18 in Watkins Glen, New York. Amplifi…

  • NBC Jan 28, 2019

    Woman Gets Stuck in Manhattan Townhouse Elevator for 3 Days: FDNY

    A woman was rescued Monday after being trapped in the elevator of a Manhattan townhouse for three days, authorities say.

  • United States Sep 14, 2018

    What Have We Learned 10 Years After Lehman Brothers’ Collapse?

    The implosion of investment bank Lehman Brothers on Sept. 15, 2008, was the first domino to fall in the subprime mortgage crisis that torched billions of dollars in wealth in the U.S. and around the world. We’ve learned from some of the mistakes that led to the banking crisis, NBC News reports, but not others. The economy has improved, lending...

  • judge Jun 9, 2018

    How One D.C. Judge’s Decision on the AT&T, Time Warner Merger Could Change US Media

    A senior judge at the U.S. District court for the District of Columbia, Richard Leon will decide on Tuesday whether to approve AT&T’s $85 billion acquisition of Time Warner, NBC News reported. AT&T’s argument for the merger is focused on the looming threat from tech companies that have used the internet to sidestep the traditional media distribution methods of movie...

  • judge Jun 9, 2018

    How One D.C. Judge’s Decision on the AT&T, Time Warner Merger Could Change US Media

    A senior judge at the U.S. District court for the District of Columbia, Richard Leon will decide on Tuesday whether to approve AT&T’s $85 billion acquisition of Time Warner, NBC News reported. AT&T’s argument for the merger is focused on the looming threat from tech companies that have used the internet to sidestep the traditional media distribution methods of movie...

  • Donald Trump Oct 15, 2017

    Yellen Sounds Upbeat Note on Economy and Inflation Prospects

    Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow economic growth slightly but only temporarily and should be followed by a rebound by year’s end. Speaking to an international banking seminar, Yellen acknowledged that the persistence of...

  • head Oct 6, 2017

    Ocean Meeting Raises Over $7 Billion for Marine Protection

    A global conference to better protect marine life has raised more than $7 billion and won commitments to protect huge swathes of the Earth’s oceans. The European Union, which organized the Our Ocean conference in the Maltese capital of Valletta, its 28 member states and its EIB investment bank gave almost half those financial commitments, about $3.4 billion. Representatives from...

  • Donald Trump Sep 28, 2017

    $5 Trillion Question for Trump Tax Plan: How to Pay for It?

    How do you pay for an estimated $5.8 trillion tax cut? For President Donald Trump and Republican congressional leaders, that is the mostly unanswered $5,800,000,000,000 question. The plan they released Wednesday took a first step toward outlining how Republicans propose to cover some of the monumental cost over the next 10 years, mainly by removing certain tax breaks. But even...

  • Donald Trump Sep 27, 2017

    New Trump Tax Code Could Drop Corporate Tax Rates, Tax Brackets

    President Donald Trump plans to unveil a new plan for tax reform in Indiana on Wednesday. An industry lobbyist tells NBC News the plan would drop corporate tax rates from 35 to 20 percent, shrink individual tax brackets from seven to three, preserve deductions for mortgage interest and charitable donations and double the standard deduction.

  • Donald Trump Aug 25, 2017

    Yellen Defends Banking Overhaul Passed After 2008 Crisis

    Federal Reserve Chair Janet Yellen on Friday emphatically defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system’s health and disputing criticism that the rules have hurt lending. Yellen said the Fed is prepared to adjust the regulations as needed to help financial institutions. But in a speech to...

  • Mexico Jul 31, 2017

    Venezuela Government Claims Mandate to Recast System; Opposition Urges Protests

    Venezuela’s socialist government says a national election has given it a popular mandate to dramatically recast the country’s political system even as condemnations of the process have poured in from nations abroad and the opponents at home. Electoral authorities said more than 8 million people voted Sunday to create a constitutional assembly endowing President Nicolas Maduro’s ruling party with virtually...

  • CEO Apr 20, 2017

    O’Reilly’s Departure Creates New Challenges for Fox: Analysis

    With its biggest star departing in another blowup over sexual harassment, Fox News faces some big challenges. It now has to show that it can hang on to its loyal army of conservative viewers, improve its working culture, and still continue to make big bucks for its corporate parent. The company said Wednesday that it had parted ways with longtime...

  • Donald Trump Apr 8, 2017

    As Infighting Rises, White House Says No Staff Shakeup Looms

    President Donald Trump’s White House has been sharply divided by the rivalry between his powerful son-in-law with unfettered access to the president and the ideologue behind Trump’s populist rise....
    Senior adviser Jared Kushner and chief strategist Steve Bannon, arguably the two most influential voices in the West Wing, have clashed repeatedly in recent weeks over strategy to pass health care legislation,...

  • Donald Trump Nov 10, 2016

    How Trump’s Presidency Could Affect Obama’s Legacy: Reports

    Republican nominee Donald Trump was elected America’s 45th president Tuesday in a shocking surprise victory, but what does that mean for President Barack Obama’s legacy?

  • Hillary Clinton Oct 18, 2016

    Ecuador: We Have ‘Temporarily Restricted’ Assange’s Internet

    Ecuador’s government acknowledged on Tuesday that it had “temporarily restricted” WikiLeaks founder Julian Assange’s internet access at its embassy in London after the whistleblowing site published documents from Hillary Clinton’s presidential campaign...
    A foreign ministry statement said that while it stands by its decision in 2012 to grant Assange asylum, it doesn’t interfere in foreign elections. Leftist President Rafael Correa’s government...

  • China Jan 20, 2016

    Drew Barrymore Sets New Sights for Beauty Brand

    Hollywood actress, director and author Drew Barrymore may soon add a new title to her resume: international retailer.

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