Mnuchin says Fed independence is important globally
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin says that the Federal Reserve's independence is important globally, while refusing to comment on President Donald Trump's latest attack on the Fed. Mnuchin was asked about Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4% last year instead of 3%.
Best Buy names new CEO as Hubert Joly steps down
NEW YORK (AP) — Hubert Joly, the CEO who revived Best Buy, plans to step down in June. Joly will remain with company under the new position of executive chairman of the board of directors. He is widely credited with turning around Best Buy starting in 2012 as it faced dwindling sales and foot traffic. He helped the company focus on online sales and expand services. Longtime executive Corie Barry will take over the CEO position and join the board after the annual meeting on June 11.
Microsoft overhauls how it investigates office misbehavior
REDMOND, Wash (AP) — Microsoft is revamping its practices for investigating workplace allegations after a group of women shared stories of discrimination and sexual harassment. CEO Satya Nadella sent a letter to employees about the changes Monday. Nadella says the company is increasing support services for workers who say they've experienced misbehavior, including a new "Employee Advocacy Team" to help guide employees through investigations.
Unions urge Democrats to focus on kitchen table economics
Some people in the labor movement are expressing concerns about whether 2020 Democratic presidential candidates are focused on the issues they care most about. Union officials say the...
PARIS - No one loves a fashion fantasy more than Thom Browne. Guessing where his imagination will go next is part of the thrill of the show. Still, his brand has been built on a down-to-business aesthetic, one that begins and ends with a gray flannel suit.
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If you are an investor, chances are you've heard of Amazon ... and even if you haven't jumped on the bandwagon of investing in the Amazon stock, well, then at one point you've shopped on Amazon.com to..
NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ: NFE) (“New Fortress Energy” or the “Company”) today reported its financial results for the... Business Wire Also reported by •Proactive Investors
___ Huawei unveils phone system that could replace Android BEIJING (AP) — Chinese tech giant Huawei has unveiled its own operating system for smartphones that... Seattle Times Also reported by •SeattlePI.com