The company, which had faced intense criticism and political scrutiny over price hikes for its life-saving EpiPen emergency allergy treatment, said the Morgantown plant "needed to be rightsized to be less complex" for continued operations. The layoffs involved more than 400 employees represented by a United Steel Workers local union, reported WAJR, a...
The words have now appeared 40 times in the Beige Book since Republican Donald Trump became president in January 2017. Tariffs made 14 appearances in Beige Books issued during Republican George W. Bush's term. In all, in the latest Beige Book, tariffs were raised by business contacts in 10 of the Fed's 12 districts, with only the reports from the Federal Reserve...
WASHINGTON, April 18- "Robust" business borrowing, rising consumer spending, and tight labor markets indicate the U.S. economy remains on track for continued growth, the Federal Reserve reported on Wednesday, with the risks of a global trade war the one big outlier. In fact, the word "tariffs" appeared 36 times in Wednesday's report after not appearing at all in the...
WASHINGTON— The Federal Reserve's latest national survey has found that U.S. businesses are growing increasingly concerned about the impact higher tariffs could have on their companies and the overall economy. But its latest survey of economic conditions around the country also found that various industries— from manufacturing to farming and...
TORONTO, April 17- Canada said on Tuesday it is working with the U.S. Food and Drug Administration to access supplies of Mylan N.V.' s EpiPen emergency allergy antidote amid a growing shortage that has spared the United States. Last week, Pfizer notified consumers in Canada and Britain that the device is in short supply due to manufacturing problems.
TORONTO, April 17- Canada said on Tuesday it is working with the U.S. Food and Drug Administration to access supplies of Mylan N.V.' s EpiPen emergency allergy antidote amid a global shortage that has spared the United States. Last week, the company notified consumers in Canada and Britain that the device is in short supply due to manufacturing problems.
NEW YORK— Domino's, which has been bringing pizzas to doorsteps for more than half a century, will now deliver to the great outdoors. In all, Domino's said it will deliver to 150,000 outdoor locations including under the Gateway Arch in St. Louis; by the Las Vegas welcome sign; or next to a statue of soul singer James Brown in Augusta, Georgia. McDonald's has a deal with...
April 13- Inflation data earlier this week that showed price pressures increasing were unsurprising, St. Louis Federal Reserve President James Bullard said on Friday as he downplayed the significance for monetary policy. "Year-over-year core CPI is now above 2 percent but it was also above 2 percent all during 2016, and so it's really only come back to the level...
FRIDAY, APRIL 13 FRANKFURT- European Central Bank President Mario Draghi talks to the winners of the Generation Euro Students' Award organised by the ECB- 1100 GMT. ODESSA, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before an Odessa Chamber of Commerce Member Luncheon- 1700 GMT.
FRIDAY, APRIL 13 FRANKFURT- European Central Bank President Mario Draghi talks to the winners of the Generation Euro Students' Award organized by the ECB- 1100 GMT. ODESSA, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in moderated question-and-answer session before an Odessa Chamber of Commerce Member Luncheon- 1700 GMT.
BRUSSELS- ECB Vice President Vitor Constancio participates in the evening event hosted by the Systemic Risk Council, CFA Institute and CFA Society Belgium in Brussels, Belgium 1655 GMT. BERLIN- Jens Weidmann, Germany's respresentative on the European Central Bank's Governing Council, gives a lecture about the euro zone's currency union- 1615 GMT.
BRUSSELS- ECB Vice President Vitor Constancio participates in the evening event hosted by the Systemic Risk Council, CFA Institute and CFA Society Belgium in Brussels, Belgium 1655 GMT. BERLIN- Jens Weidmann, Germany's respresentative on the European Central Bank's Governing Council, gives a lecture about the euro zone's currency union- 1615 GMT.
STOCKHOLM Swedish Central Bank Deputy Governor Cecilia Skingsley will describe the Riksbank's inquiry into the so-called e-krona in light of the decreasing usage of banknotes and coins in Sweden- 1600 GMT. BRUSSELS- Participation by ECB supervisor Ignazio Angeloni in a panel discussion on "The Future of Europe" at the 2018 European Bank Executive Committee...
STOCKHOLM Swedish Central Bank Deputy Governor Cecilia Skingsley will describe the Riksbank's inquiry into the so-called e-krona in light of the decreasing usage of banknotes and coins in Sweden- 1600 GMT. BRUSSELS- Participation by ECB supervisor Ignazio Angeloni in a panel discussion on "The Future of Europe" at the 2018 European Bank Executive Committee...
NEW YORK, April 10- U.S. stocks climbed on Tuesday as investor concerns about rising trade tensions between the United States and China eased after Chinese President Xi Jinping promised to cut import tariffs. The technology sector, which would be particularly exposed to a negative impact from tense trade relations with China, provided the biggest boost to the...
NEW YORK, April 10- U.S. stocks were higher on Tuesday as investor concerns about rising U.S.- China trade tension eased after Chinese President Xi Jinping promised to cut import tariffs. The technology sector, which would be particularly exposed to a negative impact from tense trade relations with China, provided the biggest boost to the S&P.
LONDON- European Central Bank policymaker Ewald Nowotny talks about the bank's plans to end its 2.5 billion euro stimulus programme this year. OSLO- Governor of Norges Bank Oystein Olsen will give speech to Foreign Embassy Representatives- 1300 GMT. **STOCKHOLM Swedish Central Bank Deputy Governor Cecilia Skingsley will describe the Riksbank's inquiry into...
LONDON- European Central Bank policymaker Ewald Nowotny talks about the bank's plans to end its 2.5 billion euro stimulus program this year. OSLO- Governor of Norges Bank Oystein Olsen will give speech to Foreign Embassy Representatives- 1300 GMT. **STOCKHOLM Swedish Central Bank Deputy Governor Cecilia Skingsley will describe the Riksbank's inquiry into...
WASHINGTON— The for-profit college industry is struggling under the weight of declining enrollment, stiff competition from traditional universities and an image battered by past misdeeds, even as the Trump administration tries to offer a helping hand. Education Secretary Betsy DeVos has hired several industry insiders and frozen Obama-era regulations...
**BRUSSELS- Presentation of the ECB Annual Report 2017 by ECB Vice President Vitor Constancio at the ECON Committee in Brussels, Belgium 1300 GMT. **FRANKFURT- Participation by ECB Executive Board member and chief economist Peter Praet in a meeting of the European Finance Forum e.V. in Frankfurt, Germany 1645 GMT. OSLO- Governor of Norges Bank Oystein Olsen will give...
