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Business debt month New York Trump 

Summer rumblings could herald a stormy fall for U.S. stocks

August 18, 2017 By Saqib Iqbal Ahmed and Megan Davies NEW YORK (Reuters) – The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues – such as raising the debt ceiling – awaiting the return of lawmakers to Washington. With September, typically the worst month in the year for stocks, on the doorstep, investors are likely to be…

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government Illinois Money Nature Conservancy New York Top News 

Q&A: After the U.S. Treasury, the Paulsons look to save the planet

August 14, 2017 By Burt Helm NEW YORK (Reuters) – When Henry “Hank” Paulson, Jr. finished his tenure as the U.S.’s 74th Secretary of the Treasury in January 2009, he put a capstone on his finance career and committed himself to another life-long passion: protecting the environment. Paulson, now 71, was chief executive of Goldman Sachs before he joined the government. He served at the same time as chairman of the Nature Conservancy, a nonprofit based in New York. He now is running the Paulson Institute, a think tank dedicated…

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Business industry London Stock Exchange New York Saudi Arabia 

Exclusive: Saudi Arabia favours New York for Aramco listing despite risks – sources

August 11, 2017 By Rania El Gamal, Katie Paul and Alex Lawler DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters. A final decision on where to stage what could be the world’s largest initial public offering will be taken by Crown Prince Mohammad bin Salman – or MbS as he is known – who oversees the…

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Entertainment New York President Donald Trump series show Top News 

‘Will & Grace’ return promises laughs, and a touch of Trump

August 3, 2017 By Jill Serjeant BEVERLY HILLS, Calif. (Reuters) – Comedy “Will & Grace,” the television show credited with bringing gay men and women into mainstream pop culture long before gay marriage was legal, will return in September for not just one, but two seasons, broadcaster NBC said on Thursday. The revival, in which Emmy-winning stars Eric McCormack, Debra Messing, Sean Hayes and Megan Mullally all reprise their roles, will ignore the 2006 series finale, which jumped 20 years into the future. And although pop culture and Washington politics…

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bank Business Economy energy New York Top News 

Standard Chartered eyes New York energy trading, bucks Wall Street trend: sources

August 2, 2017 By Catherine Ngai and Florence Tan NEW YORK/SINGAPORE (Reuters) – Standard Chartered is planning to launch an energy trading business in New York, two sources familiar with the matter said, in what appears to be the first major bank move into the sector in the United States after years of retreat on Wall Street due to cutbacks and stricter regulation. The British bank has hired Matthew Hastings, a former oil options trader at PetroChina International America in Houston, as its new head of energy trading in London,…

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Business consumer month New York U.S. 

Jobs lift U.S. consumer confidence to near 16-year high

July 25, 2017 By Lucia Mutikani WASHINGTON (Reuters) – U.S consumer confidence jumped to a near 16-year high in July amid optimism over the labor market while house prices maintained their upward trend in May, which could boost consumer spending after recent sluggishness. The reports on Tuesday underscored the economy’s strong fundamentals, expected to keep the Federal Reserve on course to raise interest rates for a third time this year. “This brightens the outlook for the economy as we enter the second half of the year,” said Chris Rupkey, chief…

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approval Boring Company government New York Tech Top News 

Musk touts approval of New York-Washington ‘hyperloop’

July 21, 2017 SAN FRANCISCO/WASHINGTON (Reuters) – Tech entrepreneur Elon Musk on Thursday said he had received “verbal” approval to start building an ultra-high-speed underground transport system linking New York and Washington that would cut travel time between the cities to about half an hour. He offered no details on what entity had greenlighted the project that could result in the world’s longest tunnel. Musk, the chief executive of electric car maker Tesla Inc and rocket company SpaceX, is seeking to revolutionize transportation by sending passengers and cargo packed into…

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Disney Channel Entertainment Georgia New York Top News Twitter 

LaBeouf apologizes for Georgia arrest, is seeking addiction treatment

July 13, 2017 LOS ANGELES (Reuters) – Actor Shia LaBeouf apologized on Wednesday for his expletive-filled rants hurled at the officers who arrested him in Georgia last week on charges of disorderly conduct and public intoxication, and said he was seeking help for addiction. The “Transformers” actor said he was “deeply ashamed of my behavior” and “my actions warrant a very sincere apology to the arresting officers, and I am grateful for their restraint,” in a statement posted on his Twitter page. LaBeouf, 31, was arrested in the lobby of…

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Chatham County Entertainment Georgia New York President Donald Trump Top News 

Shia LaBeouf’s arrest video shows actor’s expletive-filled rant

July 12, 2017 LOS ANGELES (Reuters) – Videos released by Savannah, Georgia, police on Tuesday of Shia LaBeouf’s arrest last week on charges of disorderly conduct and public intoxication shows the actor hurling expletive-filled barbs at officers as he questioned the reason for his arrest. The “Transformers” actor, 31, was arrested in the lobby of his Savannah hotel on charges of disorderly conduct and public intoxication in the early hours of Saturday, police said. Four videos from police bodycams released by the Savannah Chatham Metropolitan Police Department show LaBeouf questioning…

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Britain Chatham County Entertainment month New York Top News 

Actor Shia LaBeouf arrested in Georgia on disorderly conduct charge

July 8, 2017 By Alex Dobuzinskis (Reuters) – Actor Shia LaBeouf was arrested in Georgia on charges of disorderly conduct and public intoxication early on Saturday after he became unruly in downtown Savannah, police said. LaBeouf, best known for his role as Sam Witwicky in the “Transformers” action movie franchise, was in the bustling City Market neighborhood before dawn when he approached a bystander and a police officer and asked for a cigarette, Savannah police said in a statement. “When LaBeouf wasn’t given a cigarette, he became disorderly, using profanities…

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