When a series of big U.S. companies last year moved to reincorporate abroad in inversion deals, some Republican lawmakers and tax policy critics blamed the high U.S. corporate tax rate. Lowering it, they said, would keep companies from fleeing the country.
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StanChart targets wealthier customers in retail bank revamp
Standard Chartered Plc (STAN.L) will shift its retail banking focus to affluent clients from ordinary customers and urge them to bank online as part of a broader restructuring led by embattled CEO Peter Sands, a senior executive told Reuters.
U.S. banks say soaring dollar puts them at disadvantage: WSJ
Big U.S. banks say that a proposed Federal Reserve rule on higher capital requirements would penalize them if the dollar remains strong against the euro, as it would make their dollar-denominated assets and operations look larger relative to their European peers, the Wall Street Journal reported.
Grexit, China growth fears weigh on European assets
European stocks dipped and low-rated bond yields rose on Monday after dismal Chinese trade data and signs of increasingly fraught relations between Greece and its international creditors kept investors cautious.
The Bold and the Beautiful Spoilers for February 9: Steffy Admits She Can't Run Forrester Creations with Ex-Flame Liam, Brooke Seduces Ex-husband Ridge
The Bold and the Beautiful spoilers for February 9 creates an exciting weekstart as Steffy refuses ex-flame Liam to run Forrester Creations together. Meanwhile, Brooke tries to wreck Caroline and Ridge's blossoming relationship.
Latest News
Brent crude prices slipped on Monday as a slump in Chinese imports pointed to lower fuel demand in the world's biggest energy consumer, outweighing falling U.S. oil rig counts and signs of healthy U.S. growth.
The birth of Baby Esmeralda did not stop rumors about the split up of parents Ryan and Eva. But because both Ryan and Eva adored their baby, they're still in each other's arms.
Somalia's prime minister urged the U.S. government and U.S. banks to support money transfer firms that offer a lifeline for many in the war-torn Horn of Africa nation.
Asian shares wobbled on Monday after dismal Chinese trade figures fueled concern over a slowdown in the world's second largest economy, while solid U.S. jobs data were a mixed blessing as they raised chances of a U.S. interest rates hike mid-year.
Bruce Jenner and other motorists involved in the car accident in Malibu will have their phone records investigated. However, new photos suggest Jenner might not be texting, but instead smoking.
Michael Fassbender will lead the latest biopic of the late Apple founder, Steve Jobs. With a powerhouse team, will this film do better than Ashton Kutcher's "Jobs"?
Jamie Dornan, the actor that plays, Christian Grey, has answered a Twitter question if Fifty Shade can give a big boner, the Fifty Shades of Grey star, didn't hesitate to reply.
Kendrick Lamar's new album has no fixed release date yet, however, rumors said that collaborations with Snoop Dogg - again is possible. He also expressed his emotions behind the success of his previous album "m.A.A.d city" released in 2012.
The Young and the Restless continue to heat up this week as a plane crash accident will change the lives of Genoa City residents. In the rumor mill, Neil Winters is brewing revenge against son Devon Hamilton and wife Hilary Curtis after seeing the two on bed. Meanwhile, Phyllis moves out of Jack's house; Joe infuriates Dylan over Avery.
