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UPDATE 1-Fiat-Renault deal hints lift European shares

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(Reuters) – Car industry shares drove a rebound in European stock markets on Wednesday, helped by an Italian newspaper report suggesting merger talks between Fiat Chrysler and Renault have gained some traction in recent weeks. Traders work at the Frankfurt Stock Exchange in Frankfurt, Germany, August 7, 2019. REUTERS/Ralph Orlowski Renault SA (RENA.PA) rose about Read More

Today on Fox News, Aug. 21, 2019

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STAY TUNED On Fox News: Fox & Friends, 6 a.m. ET: Special guests include: Legendary college football coach Lou Holtz on positive vs. negative halftime speeches; Tomi Lahren, Fox Nation host. On Fox Business: Mornings with Maria, 6 a.m. ET: Judge Andrew Napolitano, Fox News senior judicial analyst;  economist Stephen Moore Varney & Co., 9 Read More

‘Uncharted waters’: Italy’s government falls as Salvini gambles on snap election win

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Italy’s flamboyant Deputy PM Matteo Salvini managed to end his own government’s term. He hopes for a big win in an early election, but may find himself in the opposition instead, analysts told RT. Italian Prime Minister Giuseppe Conte announced his resignation on Tuesday, delivering a scathing attack on Salvini and accusing him of being Read More

Cardinal Health warns ongoing opioid-related lawsuits to hit business

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(Reuters) – Drug distributor Cardinal Health Inc warned on Tuesday that its business could be hurt as it defends itself against several opioid-related lawsuits. Several pharmaceutical wholesale distributors, including Cardinal, have been named as defendants in about 2,500 lawsuits for the distribution of prescription opioid pain medications. These lawsuits have been filed in various federal, Read More

Trump says he could support Russia’s return to G8

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It would be “appropriate” for Russia to rejoin the G7 and make it G8 again, US President Donald Trump told reporters ahead of the group’s summit in France. “I think it’s much more appropriate to have Russia in” the group of the world’s most advanced economies, Trump told reporters on Tuesday, during a photo-op with Read More

Former California Rep. Darrell Issa says ‘Democratic leadership’ fuels West Coast’s homeless crisis

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Left Behind: Homeless Crisis in San Francisco In the summer of 2019, Fox News embarked on an ambitious project to chronicle the toll progressive policies has had on the homeless crisis in four west coast cities: Seattle, San Francisco, Los Angeles and Portland, Ore. In each city, we saw a lack of safety, sanitation, and Read More

U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’

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WASHINGTON (Reuters) – U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its biggest wins under the Trump administration. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation Read More

U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’

18 hours ago NAMEX Comments Off on U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’
WASHINGTON (Reuters) – U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its biggest wins under the Trump administration. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation Read More

Huawei founder details ‘battle mode’ reform plan to beat U.S. crisis

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HONG KONG (Reuters) – China’s Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples with a “live-or-die moment” in the wake of U.S. export curbs, founder Ren Zhengfei said. FILE PHOTO: Huawei founder Ren Zhengfei attends a panel discussion at the Read More

Wisconsin WR Quintez Cephus reinstated, not eligible to play

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Former Wisconsin Badger football player Quintez Cephus speaks during a press conference to reiterate his request for reinstatement to the university in Madison, Wis. Monday, Aug. 12, 2019. The former wide receiver was acquitted earlier this month of sexual assault charges stemming from a campus incident in his apartment. He was expelled from the university Read More