The Wall Street Journal: Kenneth Chenault to step down from IBM, P&G boards

The Wall Street Journal: Kenneth Chenault to step down from IBM, P&G boards

Kenneth Chenault, the former chairman and chief executive of American Express Co. AXP, +0.90%  , is stepping down next year from his board roles at International Business Machines Corp. and Procter & Gamble Co. Chenault, 67, plans to retire from the boards of IBM IBM, +2.15%   and P&G PG, +2.14%   on Feb. 13, → Read More

Michael Cohen denies new report that placed his cell phone near Prague in 2016

Michael Cohen denies new report that placed his cell phone near Prague in 2016

Michael Cohen, the former personal attorney and fixer for President Donald Trump, again denied ever visiting Prague or the Czech Republic on Thursday, after a new report that seemed to support claims that he had clandestine meetings with Russians in Prague in the summer of 2016. Earlier Thursday, McClatchy News Service reported that foreign intelligence → Read More

Cannabis Watch: U.S. cannabis company makes hostile bid for Aphria

Cannabis Watch: U.S. cannabis company makes hostile bid for Aphria

U.S. marijuana producer Green Growth Brands Ltd. said late Thursday it has made a takeover bid for Aphria Inc., one of Canada’s largest cannabis producers by market value. Aphria APHA, -4.30% APHA, +0.13%  stock soared 26% in after-hours trading Thursday after closing down 4.3% at $5.57 during the regular session. Aphria’s Canada-listed shares were halted → Read More

Project Syndicate: Brexit’s aura of inevitability is vanishing

Project Syndicate: Brexit’s aura of inevitability is vanishing

LONDON (Project Syndicate) — In times of political turmoil, events can move from impossible to inevitable without even passing through improbable. In early 2016, the idea of Britain leaving the European Union seemed almost as absurd as the next American president being the six-time bankrupt and serial sex pest Donald Trump. A few months later, → Read More

Project Syndicate: 3 disappointing ways China’s rapid growth has dispelled these key economic myths

Project Syndicate: 3 disappointing ways China’s rapid growth has dispelled these key economic myths

PARIS (Project Syndicate) — Forty years ago, on Dec. 29, 1978, the 11th Central Committee of the Communist Party of China released the official communiqué from its third plenary session, launching the greatest economic-growth experiment in human history. In newspeak understandable to CPC insiders, the country’s leaders, channeling the wishes of Deng Xiaoping, announced a → Read More

The Wall Street Journal: Saudi king shakes up government in moves seen to bolster crown prince

The Wall Street Journal: Saudi king shakes up government in moves seen to bolster crown prince

Saudi Arabia’s king on Thursday moved to bolster his son and heir apparent and contain political fallout after the killing of dissident journalist Jamal Khashoggi, elevating allies of the crown prince and surrounding him with experienced advisers. In a series of royal decrees, the 82-year-old monarch promoted trusted associates of Crown Prince Mohammad bin Salman, → Read More

FA Center: Sudden wealth may point you to this special type of financial adviser

FA Center: Sudden wealth may point you to this special type of financial adviser

A cash windfall can be a jarring transition for many people. The prospect of managing large sums of money often leads novice investors to enlist a financial adviser for help. For the relationship to flourish, the client needs to feel a sense of trust and reassurance right from the start. “When people haven’t had time → Read More

The Wall Street Journal: Senate adjourns until Monday; shutdown increasingly likely to last into January

The Wall Street Journal: Senate adjourns until Monday; shutdown increasingly likely to last into January

WASHINGTON — Lawmakers and the White House made no progress Thursday toward a deal to end the partial federal government shutdown, likely leaving the border-wall funding fight as the first order of business for the new Congress next year. The Senate convened briefly Thursday afternoon before adjourning until Monday, Dec. 31, the latest sign that → Read More

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