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Finding the bright side in a graying U.S. workforce

5 days ago DieselGasoil Comments Off on Finding the bright side in a graying U.S. workforce
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: People walk their dogs along the beach after sunset in Cardiff, California, January 27, 2016. REUTERS/Mike Blake/File Photo Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and Read More

GM bucks gloomy earnings forecast trend, shares jump

2 weeks ago DieselGasoil Comments Off on GM bucks gloomy earnings forecast trend, shares jump
(Reuters) – General Motors Co (GM.N) executives on Friday bucked gloomy forecasts for growth and sent the automaker’s shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc (TSLA.O) in the growing electric vehicle market. FILE PHOTO: A General Motors sign is seen during the China Read More

GM says pickup trucks to lift 2019 earnings, shares jump 8 percent

2 weeks ago DieselGasoil Comments Off on GM says pickup trucks to lift 2019 earnings, shares jump 8 percent
(Reuters) – General Motors Co (GM.N) said on Friday its revamped pickup truck lineup will boost its 2019 earnings and Cadillac will become its lead electric vehicle brand, sending the No. 1 U.S. automaker’s shares up more than 8 percent. FILE PHOTO: A General Motors sign is seen during the China International Import Expo (CIIE), Read More

Alphabet board sued on allegations of sexual misconduct cover-up

2 weeks ago DieselGasoil Comments Off on Alphabet board sued on allegations of sexual misconduct cover-up
SAN FRANCISCO (Reuters) – Two shareholder lawsuits filed this week accused the board of Google parent Alphabet Inc of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years. Google signage is seen at the Google headquarters in the Manhattan borough of New York City, New Read More

HSBC to pay $30 million to settle bond rigging lawsuit in U.S.

2 weeks ago DieselGasoil Comments Off on HSBC to pay $30 million to settle bond rigging lawsuit in U.S.
NEW YORK (Reuters) – HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015. FILE PHOTO: The HSBC logo is seen at their offices at Canary Wharf financial district in London,Britain, March Read More

Organizer of Macron’s ‘grand debate’ with Yellow Vests defends her ‘shocking’ €176,000 salary

2 weeks ago DieselGasoil Comments Off on Organizer of Macron’s ‘grand debate’ with Yellow Vests defends her ‘shocking’ €176,000 salary
Emmanuel Macron’s plan for a nationwide public debate, intended to defuse months of Gilets Jaunes protests, is off to a rocky start. The spotlight has shifted to the extravagant salary of the official in charge of organizing it. Chantal Jouanno is a former sports minister in the conservative government of Nicolas Sarkozy, and the current Read More

'Nostradamus' Macron mercilessly mocked on Twitter for last year's New Year 'cohesion' vows

3 weeks ago DieselGasoil Comments Off on 'Nostradamus' Macron mercilessly mocked on Twitter for last year's New Year 'cohesion' vows
Looking back at 2018 and the French president’s vows to unite the nation, disappointed twitteratti noted the situation in the country, divided by the Benalla affair and the Yellow Vests riots, is not so rainbow-bright after all. “In my view, 2018 will be the year of national cohesion,” the centrist Macron ambitiously wrote in his Read More

Trade optimism lifts stocks, though 2018 set to end with losses

3 weeks ago DieselGasoil Comments Off on Trade optimism lifts stocks, though 2018 set to end with losses
NEW YORK (Reuters) – Equities around the world rose on Monday, with Wall Street edging up in choppy trading as hints of progress in the trade dispute between the United States and China provided a rare glimmer of optimism in what has been a punishing end of year for markets. FILE PHOTO: Traders work on Read More