Full Text : U.S. Federal Reserve Meeting Minutes for May 2-3 – Bloomberg

Following are the minutes of the Federal Open Market Committee meeting that concluded on May 3. A joint meeting of the Federal Open Market Committee and the Board of Governors was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, May 2, 2017, at 1:00 […]

Housing recovery intact despite drop in new home sales – Reuters

WASHINGTON New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 percent to a seasonally adjusted annual rate of 569,00 units last month, with sales in the West region […]

Trump’s ‘balanced’ budget relies on $2062000000000 in mystery money – Washington Post

White House officials are boasting that President Trump’s budget would balance federal finances in 10 years. Yet despite extreme reductions in spending on health care for the poor, food stamps, education, science and other basic government programs, Trump’s staff could only balance the budget by claiming vague savings and unspecified sources of new revenue — […]

In Bombardier fight, Boeing sees ghost of Airbus ascent – Reuters

PARIS/SEATTLE Two words underpin Boeing’s (BA.N) decision to launch a U.S. trade complaint against Bombardier (BBDb.TO), which plunged it into a row with Canada last week: “Never again”. Allegations that the Canadian firm dumped newly designed CSeries passenger jets in the United States at a steep loss have threatened a sale of F/A-18 warplanes to […]

Ford shuffles executive ranks in its race to take on Silicon Valley – Washington Post

Ford Motor Company on Monday replaced its chief executive, Mark Fields, with former office furniture executive Jim Hackett. The 114-year-old auto giant seeks to become a transformative company capable of taking on Silicon Valley darling Tesla and the coming revolution in smart driving. Fields retired after 28 years at the company, replaced by former Steelcase […]

Plane has to dump fuel over lake, return to Detroit airport – Washington Post

Post Contributor Badge This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story. More about badges | Request a badge Plane has to dump fuel over lake, return to Detroit airport – Washington Post

Blackstone Unveils $40 Billion Infrastructure Mega Fund With Saudi Arabia As President Trump Visits – Forbes

Blackstone co-founder Stephen Schwarzman (Photograph by Jamel Toppin) As President Donald Trump visits Saudi Arabia on the biggest foreign trip of his presidency, private equity giant Blackstone Group is unveiling a $40 billion infrastructure fund with the gulf nation, which will primarily invest in the United States. Saudi Arabia will commit $20 billion to the Blackstone infrastructure fund […]

Hot dogs recalled for containing bits of metal – NJ.com

Hot dog manufacturer John Morrell and Co. has recalled more than 200,000 pounds of its beef franks because they may contain bits of metal. The Ohio-based company on Friday recalled about 210,606 pounds of Nathan’s skinless & beef franks and Curtis beef master beef franks, according to the U.S. Department of Agriculture’s Food Safety and […]

Striking AT&T Workers Take Credit For Sporadic Store Closings – Fortune

Striking AT&T wireless workers picketed outside the company’s retail stores across the country on Saturday, but most outlets remained open for business. The Communications Workers of America, which represents the 21,000 wireless workers striking in 36 states and Washington, D.C. took credit for sporadic store closings from Montana to Chicago to Bangor, ME. Still, AT&T […]

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