Fed's Quarles says gradual US rate hikes 'appropriate'

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Fed's Quarles says gradual US rate hikes 'appropriate'

TOKYO (Reuters) – One of the Federal Reserve's newest policymakers on Thursday added his voice to the majority at the U.S. central bank calling for interest rate hikes amid rising business optimism and faster growth in the world's biggest economy …
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Salt or no salt, National Margarita Day is here

Today is National Margarita Day, and whether you prefer your drink on the rocks, frozen or with a kick of flavor, local restaurants and bars offer plenty of options that will have you singing a chorus – or two – of “Margaritaville” by the end of the …
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Congress May Seek New VW Emissions-Cheating Probe

Congress should investigate new allegations that Volkswagen AG diesel cars were sold overseas with rigged software after the company's $14.7 billion settlement of a cheating scandal in the U.S., a Republican lawmaker said Wednesday. A new probe is “almost inevitable,” Representative Darrell Issa
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Ford exec Raj Nair ousted for 'inappropriate behavior'

A top executive at Ford Motor Co.'s accused by the company of “inappropriate behavior” has been pushed out, amid rising scrutiny of workplace conduct in companies nationwide.
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Los Angeles Cracks Down on Out-of-Control Hollywood Party Houses

Los Angeles is cracking down on property owners who rent out their homes to professional party throwers, often in upscale neighborhoods such as the Hollywood Hills, where the massive events block the streets and disturb the neighbors. “The problem of residential homes being used as de facto
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