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Central banks to play second fiddle to Trump
– nytimes.com/services
U.S. President Donald Trump will again be centre of attention in the coming week with any policy statements, having helped put the Federal Reserve, Bank of England and other central banks in wait-and-see mode. Ciara Lee reports.
French Socialists pick leftwinger Benoit Hamon for presidential race
– nytimes.com/services
Socialist leftwinger Benoit Hamon wins the nomination for the French presidential race for his party, a result which could improve former economy minister Emmanuel Macron’s chances of reaching the top job. Scarlett Cvitanovich reports.
By Ruth Simon and Richard Rubin A proposed overhaul of the U.S. tax code favored by Republicans in the House of Representatives is drawing fire from small-business owners who sell everything from toys to materials used in kitchen cabinets.Some business owners say they worry that a part of the proposal, known as border adjustment, could force them to raise prices and lay off workers…
Starbucks and tech react to refugee ban
– nytimes.com/services
Starbucks has announced it plans to hire 10,000 refugees over five years in 75 countries, just days after U.S. President Donald Trump’s executive order banning refugees from certain countries. As Sonia Legg reports, many tech sector firms have responded to the policy too.
Trump Nominee McMahon on Small Business
– wsj.com
By Ruth Simon A U.S. Senate committee is expected to vote this week on the nomination of World Wrestling Entertainment Inc. co-founder Linda McMahon to head the Small Business Administration. Below are edited excerpts from Ms. McMahon’s testimony last week before the Committee on Small Business & Entrepreneurship…
Mortgages compensation pain for Bankia
– nytimes.com/services
Bankia’s profit fell 23 percent in 2016 due to low interest rates and additional charges related to mis-sold mortgages that hit its profitability ratio. Ciara Lee reports