When the Fed was caught napping in mid-September, the bank treasury side of one of the largest US banks basically took a line from the 1990 Martin Scorsese film “Goodfellas” and told the bank’s capital markets side: “Fuck you, pay me.”
This year, 68 percent of people in the U.S. are planning to celebrate and as well as having a headache on Friday morning, most revellers will have a lighter wallet.
China is concerned about "Trump’s impulsive nature and the risk he may back out of even the limited deal both sides say they want to sign in the coming weeks"
Italy's Fiat Chrysler and French Peugeot owner PSA agreed to join forces in a what was described a 50-50 share swap merger of equals, creating the world’s fourth-largest automaker, triggering a fresh wave of consolidation in the reeling car industry.
The writedown was widely expected after an ugly year for Juul, with the Trump administration planning to remove flavored e-cigarettes from the market and a vaping death toll in the U.S. and U.K. that has now risen to over 20 people.
