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Wall St. slips at the open as ‘Trump trade’ fizzles

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – U.S. stocks opened slightly lower on Wednesday, a day after Wall Street posted its biggest one-day fall since the November election, as investors fret about potential delays to President Donald Trump’s pro-growth policies.

Container shipping lines ordered to testify in U.S. sector probe

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON/SINGAPORE (Reuters) – The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on...

Hedge fund managers could save billions from border-adjustment tax

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

A hidden beneficiary from the controversial border-adjustment tax could be hedge fund managers, who might see a savings of tens of billions of dollars a year, according to tax experts. The border tax imposes levies on imports, while exempting exports. It’s meant...

U.S. investors fight to preserve SEC rule on CEO pay ratio

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – More than 100 institutional investors opposed efforts by the U.S. securities regulator to delay a rule requiring companies to disclose a ratio comparing their chief executive’s pay with their workforce median.

China’s Sinopec buys first major refinery in Africa from Chevron

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BEIJING (Reuters) – China’s Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp’s South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced on Wednesday.

GOP health bill reveals Paul Ryan’s Ayn Rand ‘tendencies,’ says ranking Democrat

by synergycap1 | Mar 22, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The Republican health-care bill is about satisfying House Speaker Paul Ryan’s “Ayn Rand tendencies” instead of making a better system, the top Democrat on the House Budget Committee said Wednesday. The House is expected to vote Thursday on the...
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