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U.S. News

Kevin O’Leary says a Donald Trump presidency will boost U.S. markets
Waking up to Donald Trump as the next president of the United States is something you should consider a real possibility, at least according to Kevin O’Leary, who believes it can happen.
Posted on 2-09-2016 at 4:23 PM
Obama proposes US$4.1 trillion spending plan proposed in final White House budget
In a final White House budget, U.S. President Barack Obama proposed a US$4.1 trillion spending plan for fiscal year 2017, laying out his key priorities of fighting the Islamic State and raising taxes on wealthy Americans and helping the poor.
Posted on 2-09-2016 at 3:34 PM
Coke and Pepsi facing off at the Super Bowl for market share
Coca-Cola Co, PepsiCo and other consumer-facing companies spending big bucks to advertise during Sunday's Super Bowl football extravaganza will be making a play for more market share to offset a slow economy and less overseas revenue.
Posted on 2-05-2016 at 2:02 PM
U.S. job growth slows, unemployment at 8-year low
U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labour market recovery remains firm.
Posted on 2-05-2016 at 8:36 AM
Obama to seek US$10 a barrel tax on oil in budget proposal
U.S. President Barack Obama will launch a long-shot bid next week to impose a US$10-a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday.
Posted on 2-04-2016 at 9:02 PM
Ex-drug executive Shkreli invokes Fifth Amendment before Congress
Former Turing Pharmaceuticals Chief Executive Officer Martin Shkreli invoked his Fifth Amendment right against self-incrimination and declined to answer questions on Thursday from U.S. lawmakers interested in why the company raised the price of a lifesaving medicine by 5,000 percent.
Posted on 2-04-2016 at 10:40 AM
Hedge fund Orange Capital shutting down
Orange Capital will be shutting down its hedge fund and returning approximately US$1 billion to shareholders, BNN has confirmed. The story was originally reported by the Wall Street Journal.
Posted on 2-03-2016 at 11:30 AM
U.S. companies cutting costs on fears of economic downturn
The capital spending slump that originated in the hard-hit energy sector appears to be spreading more widely across other U.S. industries.
Posted on 2-02-2016 at 1:11 PM

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