Trump's Tariff Crusade Hardly Matters for US Automakers in China

Auto workers in the U.S. hoping President Donald Trump's tougher approach to China will help create jobs at home and cut the trade deficit by $100 billion may be in for a huge disappointment. Companies such as General Motors Co. and Ford Motor Co. are among companies that already make cars in
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Sir Philip Green has escaped a ban from serving as a company director by the Insolvency Service over the deal to sell BHS for £1 in 2015, a year before the retailer collapsed. However, Dominic Chappell, who led the consortium that bought BHS, faces a lengthy boardroom ban after a government
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The fastest growing segment of the mortgage market, also shown in today's BPFI figures, was switching, with volumes rising to 3,927 in the 12 months ending February 2018. In addition, the volume of mortgage approvals increased for the 23rd consecutive month, rising by 0.3 percent to 43,549 in the 12
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This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here. The New York Human Rights Commission is inquiring into The Wing, the women-only club and co-working space that recently raised $32 million in funding from WeWork and New Enterprise
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In addition, she says the IMAGIN programme could create a conflict of interest between the government sponsored enterprise, Freddie Mac's role of imposing Private Mortgage Insurers Eligibility Requirements (PMIER) standards on private MIs and then “designing a program that relies on less regulated
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Abel Iglesias says growing up, his family had modest means. His parents immigrated to South Florida from Cuba to flee the Castro regime. During his childhood, they spent much of their time working – which meant that if Iglesias wanted to go anywhere, he had to ride his bike there. But what was once a
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McWilliams' nomination establishes a trio of Trump appointees at key banking agencies – the Fed, the OCC, and now the FDIC. This should speed the administration's policy priorities, of lessening burdensome regulations on the financial industry, such as adjusting capital and liquidity requirements,
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A young gamer plays Xbox during the 2017 Paris Games Week exhibition at the Porte de Versailles exhibition centre in Paris. Thomas Samson—AFP/Getty Images. By Chris Morris. 11:21 AM EDT. Privacy experts are sounding an alarm over changes to Microsoft's service agreement, saying it's filled with
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Paris may have Disneyland, but if you want an authentic French theme park, head down to Bordeaux instead. La Cité du Vin, or “The City of Wine,” may lack thrill rides, but you can still get dizzy. Offering 20 themed areas exploring the history and culture of wine, along with workshops and a simulated
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Home prices continued to grow at a rapid pace in the first month of 2018, as a new tax law and rising mortgage rates made little dent in demand in the early weeks of the year. The S&P CoreLogic Case-Shiller National Home Price Index, which measures the price of a typical single-family home in major
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“At Gulf African Bank, we understand that our relationships with our customers are a critical source of value which we hope to harness even more with the launch of paperless banking. Our customers can now enjoy seamless experience whenever they visit any of our branches countrywide where this
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Finicity is also an authorized Freddie Mac asset validation report provider, and Freddie Mac and Finicity are working together on new methods to validate income from payroll deposit data from bank statements. To stay up to date on all Finicity company and product announcements, visit the website at
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CCB's 9 percent rise in net profit for the quarter chimed with the results of peers and underlines how conservative lending practices and increased recognition of bad loans is helping to revive the country's larger commercial banks after years of margin declines brought on by interest rate cuts. Net profit
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State appeals court judges argued passionately over the court's role in public policy as it decided a case over a fraction of the fortune of the late Coca-Cola Co. CEO Roberto Goizueta. At issue are claims by 14 people who worked for Coke under Goizueta, who died in 1997, or with his late widow, Olga,
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The Board of Directors of Fortune Financial Services (India) in their meeting held on 27 March, 2018, have transacted the following business. 1. … Issue of corporate guarantee to Yes Bank for Rs. 300 crores against credit facilities to be availed by Fortune Credit Capital (a wholly Owned Subsidiary) 4.
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The Bank of England has fired a warning shot over what it sees as potentially risky loosening of mortgage underwriting standards. The Bank could order lenders to raise their financial reserves over the issue, according to the board minutes of the latest Financial Policy Committee meeting. The March
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It was no secret that Huawei was going to introduce the new Huawei P20 and P20 Pro smartphones at its media event today. However, we didn't know that a third, even more advanced smartphone was to be shown as well. Introducing the Porsche Design Huawei Mate RS – one of the most
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Longer Investments Inc decreased its stake in Apple Inc. (AAPL) by 22.78% based on its latest 2017Q3 regulatory filing with the SEC. Longer Investments Inc sold 5,174 shares as the company's stock rose 12.78% with the market. The institutional investor held 17,543 shares of the computer
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StayinFront, a leading global provider of mobile, cloud-based field force solutions, announced today that a world-leading food and beverage company with a portfolio of 20 of the world's largest and most renowned brands, has selected its retail execution solution and global support services. StayinFront
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Last week, Bloomberg reported that Alphabet Inc's Google is working on a way to use blockchain technology to support its cloud business. As part of … “We're encouraged by the potential blockchain can bring to financial markets,” said Pompliano, who will remain at the firm after the takeover. “Although
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