Setup News Ticker
Searching for 'Fed R'. (Return)

Reuters BusinessOct 16, 2019
Weak U.S. retail sales cast pall over slowing economy
U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.

WRAPUP 3-Weak U.S. retail sales cast pall over slowing economy (Reuters Company News)

Yahoo BusinessOct 16, 2019
Chief of Exelon's Utility Business Retires During Federal Probe
(Bloomberg) -- The head of Exelon Corp.'s utility unit has abruptly retired amid a federal probe involving its lobbying in Illinois.Anne Pramaggiore, senior executive vice president and chief executive officer of Exelon Utilities, is leaving "effective immediately," the company said in a statement Tuesday. Calvin Butler Jr., chief of Exelon's Baltimore Gas and Electric utility, was named as her interim replacement.Pramaggiore's departure comes less than a week after Exelon disclosed in a regulatory filing that it received a subpoena from federal prosecutors asking for information related to communications with Illinois State Senator Martin Sandoval. In July, Exelon disclosed it received a subpoena related to its lobbying activities in Illinois.Exelon fell as much as 1.9% Wednesday.The Chicago Tribune reported earlier this month that federal agents had raided Sandoval's office and were searching for information related to concrete and construction businesses and lobbyists and public officials. Officials were also looking for "items related to any official action taken in exchange for a benefit," the Tribune reported, citing documents released by the Illinois Senate.Exelon's statement on Pramaggiore's retirement Tuesday didn't reference the subpoenas. Nor did it give a reason for her departure."We thank Anne for her valuable service," Exelon CEO Chris Crane said in the statement. "We are confident this will be a smooth transition."(Updates shares in fourth paragraph.)\--With assistance from Will

CNBC FinanceOct 16, 2019
Fed's Evans says no more rate cuts are needed through 2020
The Chicago Fed president said policy is probably appropriate given an economy that is softening but still in good shape.

Probability of an October Fed rate cut soars after disappointing retail sales data (MarketWatch MarketPulse)

Reuters BusinessOct 16, 2019
FCC approves merger of T-Mobile, Sprint on vote split on party lines
T-Mobile US Inc's proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters.

UPDATE 2-FCC approves merger of T-Mobile, Sprint on vote split on party lines -sources (Yahoo Business)
UPDATE 1-FCC approves merger of T-Mobile, Sprint on vote split on party lines (Reuters Company News)
Reuters BusinessOct 15, 2019
Buffett's Berkshire seeks Fed leeway to boost BofA bet: Fed
Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by the Fed on Tuesday.

Wall Street Journal US BusinessOct 15, 2019
Fed's Daly Still Weighing Her Rate View
San Francisco Fed leader Mary Daly said that while central-bank rate cuts will help keep the economy on a good path, she isn't ready to say whether another rate change is warranted.
DealBrexit GM UAW Strike Tentative
UAWGM Strike Tentative Deal end
StrikeUAW GM Tentative Deal End
TentativeUAW GM Strike Deal Reach
marketstock Stocks Bank Snapshot Brexit
Salesretail economy weak Stocks cast
Stocksmaking biggest moves retail sales
retailsales economy weak Stocks cast
businessInsider will Inventories Cut Bank
reachTentative UAW GM Deal Strike

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2019 CEOExpress Company LLC