Business

New PM May to hand out more cabinet jobs

New Treasury chief Hammond tried to sound a reassuring note Thursday, pledging that he would not introduce an emergency national budget - even though there are question marks hanging over the economy following the country's decision to leave the EU.

Business

JPMorgan Chase tellers, branch workers getting raises

According to Berenberg Banks price target of 52 on the company's stock this indicates the broker now believes there is a decrease of -17.72% from JPMorgan Chase & Co's current price of 63.2. Investment banking revenue fell to $1.5 billion, down 15 percent from a year ago, as the bank took fewer companies public in the quarter. So far in the third quarter, trading volumes have been "fine", but a normal seasonal decline is expected, Lake said.

Business

Citigroup earnings drop eight per cent - but beat analyst expectations

Street estimated the company to deliver earnings of $1.10 a share. Citigroup had agreed to an additional $7 billion in asset reductions at the end of the second quarter. The bank's allowance for loan losses totaled $12.3 billion for the quarter, down from $14.1 billion in the prior year quarter. And overall profit was better than predictions made by Mr.

Business

Trump nears end of vice presidential search

Donald Trump postponed the announcement of his pick for vice president, citing the deadly mass killing in France, but also acknowledging indecision over the prospects. WLWT's Dan Griffin went to Indianapolis to speak with a friend and colleague of Pence's about the choice. Last year, Mr Pence tweeted that Mr Trump's plan was "offensive and unconstitutional".

Business

Pokemon Go Now Available for Intel Processor Phones

The app's update has made Germany as the fourth country to receive the official application, according to Androidpolice.com, on Thursday, July 14, 2016. The way Pokemon GO works is that it uses Google maps to integrate Pokemon into the real world. In other news, two US Marines who were playing Pokemon Go helped catch an attempted murder suspect this week in California.

Business

Egypt's Foreign Minister Calls for Renewal of Palestine-Israel Peace Talks

Egyptian President Abdel Fattah al-Sisi said in May that there's a "real chance" to resume peace talks and achieve a deal between Israel and the Palestinians, with the mediation of Arab countries, led by Egypt. The settlers live in the heart of a Palestinian area and are protected by thousands of Israeli soldiers, while local Palestinians endure restricted movement due to the military checkpoints in and around Hebron's historic Old City.