The annualized rate of sales, adjusted for seasonal trends, probably slowed to 16.9 million cars and light trucks last month, according to a Bloomberg News survey. That would be down from 17.5 million a year earlier. The weak month for GM and Fiat Chrysler's pickups may have come as a surprise.
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Embattled IHeartMedia Inc. is circulating documents for a bankruptcy filing that could come as soon as this weekend for the biggest U.S. radio broadcaster. Advisers to some of iHeart's senior creditors have been shown bankruptcy papers that would be used on the first day of court proceedings,
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Paris (AP) — French prosecutors filed preliminary charges Thursday against far-right leader Marine Le Pen for tweeting brutal images of Islamic State violence, in a new blow to a woman long seen as the face of Europe's anti-immigrant populism. The prosecutor's office in the Paris suburb of Nanterre said
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The largest industrial company in the U.S. expects to have electric passenger drones on the market within a decade. By. Julie Johnsson. @juliejohnsson More stories by Julie Johnsson. and. Alan Levin. @AlanLevin1 More stories by Alan Levin. March 1, 2018, 3:00 AM PST. From. The dream of flying
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She also served as a Senior Appraisal Consultant for MetLife Bank's Collateral Risk Division and as a Regulatory Compliance Manager for HomeStreet Bank, and was most recently a Director at Clario Appraisal Network. She was President of the National Association of Appraisers from 2014 to 2016.
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In an announcement this week, the SBI group confirmed the postponement of the launch of its cryptocurrency exchange, SBI Virtual Currencies, Japan's first bank-owned cryptocurrency exchange. As reported by CCN in October 2016, SBI became the first banking group to announce the launch of a
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New construction homes accounted for 16.4 percent of all single-family homes for sale during the fourth quarter of 2017, up from 14.2 a year earlier, according to new data from Redfin. The median price of new single-family homes that sold last quarter was $377,800, up 1.6 percent year-over-year.
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California's Bay Area continued to dominate the Realtor.com ranking for the nation's hottest housing markets in February, but a Lone Star State metro muscled its way to the top of the chart while a small metro in Washington State is gaining a lot of attention from sticker-shocked Seattle shoppers. It was no
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The 30-year fixed-rate mortgage (FRM) averaged 4.43 percent for the week ending March 1, 2018, up from last week when it averaged 4.40 percent. The 15-year FRM this week averaged 3.90 percent, up from last week when it averaged 3.85 percent. However, the five-year Treasury-indexed hybrid
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Beginning with the fourth quarter 2002 issue, the Quarterly Banking Profile has been redesigned to combine both the FDIC-insured commercial banks and savings institutions financial data into one “All Insured Institutions Section”. FDIC Quarterly Provides a comprehensive summary of the most current
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Scaramucci said Thursday in an interview with Bloomberg News. Scaramucci says he now fears Kelly will thwart his bid to sell his stake in SkyBridge Capital to China's HNA Group Co. The sale has been stuck at the Committee on Foreign Investment in the U.S., which reviews foreign acquisitions of
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Our branches. Due to weather disruption, branches across Dublin, Leinster and Munster will remain closed until Monday 5th March. Some other branches are also impacted â full list is here. Bank of Ireland Life & New Ireland Assurances offices will be closed until the weather warning has been lifted.
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President Donald Trump said the U.S. plans to impose 25 percent tariffs on steel imports and 10 percent on aluminum, and expects to sign a formal order next week. âWe'll be imposing tariffs on steel imports” and âon aluminum imports,â Trump told metals industry executives at the White House on
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Uzbekistan knows it has plenty of catching up to do after sitting out much of the economic transformation that's swept across the former Soviet Union during more than two decades since the end of communism. Rapid-fire reforms have followed the death of long-time ruler Islam Karimov in 2016, with
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Advertising clients are also moving more marketing dollars toward digital to fend off the likes of Amazon.com Inc. and Alibaba Group Holding Ltd. WPP has struggled to shift its services to help businesses transform their business-to-consumer platforms, an area where Accenture, Deloitte and International
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First American, a leading provider of title insurance, settlement services and risk solutions for real estate transactions, was selected to the 2018 FORTUNE 100 Best Companies to Work For® list from among hundreds of companies that applied. To identify the 100 Best Companies to Work For® each year
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And because of this, many are referring to decentralized banking as âcrypto banking.â Cryptobanks are decentralized platforms that provide the usual services that centralized banks provide, primarily lending services and credit scoring, but essentially cuts out all of the middlemen that a centralized bank
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First it was tobacco. Then fossil fuels. Now guns have become a target on Wall Street. But despite the outcry over the Feb. 14 school shooting in Florida, most ordinary investors seem unwilling to put their money where their outrage is. Since 17 people were gunned down in America's latest mass killing,
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Ben Carlson at ben@ritholtzwealth.com. To contact the editor responsible for this story: Max Berley at mberley@bloomberg.net. Before it's here, it's on the Bloomberg Terminal. LEARN MORE. Comments. Bloomberg Prophets. Professionals offering actionable insights on markets, the economy and
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Japan's financial services conglomerate SBI Group announced in a post on its site Tuesday, Feb. 27 that it has to postpone the launch of its planned cryptocurrency exchange. In the public announcement, SBI apologized for the delay and explained that the company had to postpone the launch of the
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