Why Cramer doesn’t care about Dodd-Frank when it comes to deregulating banks

Cramer attributed the recent rally in bank stocks to this notion of deregulation. If the economy accelerates, he expects the stocks to skyrocket higher because the Federal Reserve will raise rates. The same deregulation has also occurred in the oil and gas industry,...

SK Hynix submitted bid for a Toshiba memory business stake: Source

South Korea’s SK Hynix has submitted an initial bid to acquire a stake in Toshiba’s memory chip business, a person familiar with the matter told Reuters on Tuesday. The person said it has not been decided how much a stake SK Hynix, the world’s No. 2...

Indonesia to hold court hearing into Goldman Sachs’s billion-dollar dispute with tycoon

JAKARTA (Reuters) – Indonesia will hold a court hearing on Tuesday into a billion-dollar dispute between Goldman Sachs and a local tycoon, who says the Wall Street giant’s unit unlawfully sold shares he owned, in the latest test for the country’s...

3 Trump Cabinet officials will still be receiving millions from corporate America

At least three of Donald Trump’s Cabinet officials are receiving multimillion-dollar payouts — so-called “golden parachutes” — from the companies they are leaving to join the federal government. Exxon Mobil will pay Rex Tillerson, its...