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By Ruth Simon and Ted Mann Linda McMahon, President-elect Donald Trump’s pick to run the U.S. Small Business Administration, once supported a plan that could have eliminated the cabinet seat she is now slated to hold.Ms. McMahon, a co-founder of World Wrestling Entertainment Inc., twice unsuccessfully ran for a Senate seat in her home state of Connecticut…
Lockheed joins list of Trump Twitter take-downs
– nytimes.com/services
U.S. President-elect Donald Trump took aim at another major defense contractor on Monday, saying the cost of Lockheed Martin’s F-35 fighter jet program was too high. Conway Gittens reports.
IMF's Lagarde vows to fight negligence charge
– nytimes.com/services
The International Monetary Fund chief pledged to fight “allegation by allegation” charges of negligence when she went on trial in Paris over her role in a huge payout by the French state to businessman Bernard Tapie in 2008. AsSonia Legg reports, Christine Lagarde was France’s finance minister when she approved an out-of-court settlement with Bernard Tapie to end a long-running dispute between the magnate and the French state…
The Dow posts another record high on strength in healthcare
– nytimes.com/services
The Dow rally continued but the S&P 500 and Nasdaq Composite fell on Monday after six sessions of gains, weighed by tech sector stocks, while a rally in energy shares petered out as crude oil gains withered. Bobbi Rebell reports.
By Telis Demos One of Europe’s most prominent former bankers is joining a bitcoin startup. Antony Jenkins, the ex-chief executive of Barclays PLC, said he has joined the board of directors of Blockchain, a London-based startup that provides services related to bitcoin and cryptocurrencies. The company, named after the basic technology that creates the shared network used to move and track bitcoin, raised $30 million in an initial fundraising in 2014…
Jonathan Corpina on why the Fed meeting could disrupt the rally
– nytimes.com/services
Meridian Equity Partners Jonathan Corpina talks with Bobbi Rebell about what will drive stocks this week- and what the Fed could say that could derail the march upwards, and lead to a tough start to 2017.