Philly Fed Index Indicates Nearly Stagnant Manufacturing Activity

Philadelphia-area manufacturing activity was nearly stagnant in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current general activity tumbled to 0.3 in June from 16.6 in May. While a positive reading still indicates growth in regional manufacturing activity, economists had expected the index […]

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Trump could pull out of 2020 presidential race: ‘Bond King’ Jeffrey Gundlach

2020 election: Will Joe Biden be the Democratic nominee? Layfield Report CEO John Layfield, FOX Business’ Susan Li, Trump 2020 Strategic Communications Director Marc Lotter and Kingsview Asset Management’s CIO Scott Martin on DoubleLine Capital co-founder Jeffrey Gundlach’s claim that former Vice President Joe Biden’s “time has passed.” The so-called "Bond King” Jeffrey Gundlach gave FOX Business a very bold […]

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Trump administration expands pre-tax accounts for health insurance coverage

Secretary of Labor on affordable health-care coverage Secretary of Labor Alex Acosta on the new initiative to boost affordable health-care coverage and efforts to encourage wage growth in America. The Health and Human Services, Labor and Treasury Departments joined forces on a new initiative intended to provide affordable health care coverage to hundreds of thousands of Americans, Secretary of Labor Alex […]

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Procter & Gamble keeps spending in Russia

MOSCOW (Reuters) – Procter & Gamble is to invest 2.4 billion rubles ($37 million) in its Russian operations this year to expand its distribution center, modernize some manufacturing and localize more product production. The maker of Tide detergent and Gillette razors, which has invested nearly $900 million in Russia since 1991, remains committed to the Russian market even though relations […]

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AT&T says it will accept payments in cryptocurrency

Bitcoin’s 10th anniversary: What’s next for cryptocurrency? Dapp.com CEO Kyle Lu and Brewer Group CEO Jack Brewer on the outlook for cryptocurrency. AT&T announced Thursday it will be the first mobile carrier to start accepting online payments in cryptocurrency. Continue Reading Below The media company said customers can use BitPay, a service that helps businesses accept payments in bitcoin, to pay […]

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PMQs LIVE: May to clash with Corbyn as PM comes under HUGE pressure to unite Cabinet

The Prime Minister has vowed to punish disloyal ministers as she prepares to launch a new vote on her withdrawal agreement bill next month. Theresa May has gone on the attack against her Cabinet, and is said to be furious as the collapse of collective responsibility, opening a crunch meeting by threatening to return them to the backbenches if any […]

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Buckeye Partners L P (BPL) Q1 2019 Earnings Call Transcript

Buckeye Partners L P (NYSE: BPL)Q1 2019 Earnings CallMay. 10, 2019, 11:00 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, ladies and gentlemen, and welcome to the Buckeye Partners 2019 First Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct […]

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Chevron taps out in Anadarko Petroleum battle, will get $1B termination fee

Why investors should watch Chevron Ernesto Ramos, portfolio manager for BMO Global Asset Management, on why investors should watch Chevron, Intel and Cisco Systems. Chevron will not provide a counteroffer for Anadarko Petroleum Corp., paving the way for Occidental Petroleum to acquire the oil and gas driller after a rare, public fight between the two firms. Continue Reading Below Chevron […]

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Bolton presses key aides to Venezuela's Maduro to abandon him

WASHINGTON (Reuters) – U.S. national security adviser John Bolton on Tuesday singled out three senior aides to Venezuelan President Nicolas Maduro who he said must make good on commitments they purportedly made to the opposition for a peaceful transition away from Maduro’s rule. Speaking at the White House during a day of anti-government protests in Venezuela, Bolton named Venezuelan Defense […]

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