Boeing fired CEO Dennis Muilenburg, saying Monday it replaced him with the company’s chairman as the nation’s biggest manufacturing exporter struggles to regain the trust of regulators, customers and the public in the wake of two fatal crashes of its best-selling plane, the 737 Max. Muilenberg is out immediately, and Chairman David Calhoun will become CEO […] Read more
Goldman Sachs has closed its bullish position on sterling with the U.K. set for a general election on December 12. The Wall Street giant had maintained a recommendation to buy sterling throughout a recent period of uncertainty, projecting that the pound could pass $1.30 in the event of a Brexit deal before the October 31 […] Read more
Celebrating its 30th year, Duane Johnson Real Estate is a locally owned and globally connected real estate brokerage in Cannon Beach. Established in 1990 by Johnson with the intent of exclusively serving the real estate needs of the Cannon Beach and Arch Cape areas, this year saw the agency move to the next level with […] Read more
China talked up progress on trade with the US on Tuesday, highlighting bulk purchases of American farm products it had already made this year and saying that it was “on the same page” as Washington in negotiations. Asked if the two countries agreed on the degree of progress from two days of high-level talks in […] Read more
The anti-mask law has thrown the Hong Kong leader’s official programme of talks with the public into doubt, according to political sources, who also revealed that frontline protesters were among those who had attended her closed-door sessions. Chief Executive Carrie Lam Cheng Yuet-ngor has, however, not given up on meeting groups of Hongkongers as a […] Read more
The Republican National Committee paid over $160,000 to a law firm that is defending former Trump campaign manager Corey Lewandowski. The payment was made a month before his testimony in front of the House Judiciary Committee. The RNC paid $166,390 to the office of Mintz Levin for “legal and compliance services,” according to the committee’s […] Read more
The US-China trade war will not end any time soon, because the cost to both sides is minimal and is roiling other economies more than anything else, a leading economist from Singapore’s Nanyang Technological University said on Thursday. Professor Tan Kong Yam, who is also the co-director of the Asia Competitiveness Institute research centre at […] Read more
China wants to draw a line between negotiations about trade and talks about other foreign affairs, the Wall Street Journal reported on Thursday. In order to streamline trade talks between Washington and Beijing, China is looking to weed out other topics of conversation that come up between the world’s two largest economies during negotiations, like […] Read more
SAINT-JEAN-DE-LUZ, France — President Donald Trump said Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously. Speaking at the G-7 summit in Biarritz in France, Trump praised Chinese President Xi Jinping and welcomed his desire for a deal. “China called last night our […] Read more
U.S. President Donald Trump once again lashed out at Anthony Scaramucci, claiming that “nobody ever heard of” the former White House communications director “until he met me.” “Nobody ever heard of this dope until he met me. He only lasted 11 days!” Trump wrote in a nighttime Twitter post. Trump and Scaramucci — who was […] Read more
