“They're not sincere about giving up their nuclear weapons, but they may be sincere about accepting limits on their nuclear weapons in exchange for economic benefits,” Samore said Thursday on Bloomberg TV. “In the past, they've accepted temporary limits and constraints on the program in exchange
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The Model T, the '32 deuce coupe, the Thunderbird, the Mustang: For much of its 115-year history, Ford Motor Co. has been synonymous with cars. But now Ford, one of the great engines of 20th Century American industry, is about to do the unthinkable: abandon the American car business almost
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The following is a reformatted version of the introductory remarks of European Central Bank President Mario Draghi at a press conference in Frankfurt on Thursday: “Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the
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WeWork, the shared-office startup, isn't just pioneering new ways of working, but new ways of accounting. In its bond prospectus this week, it introduced a new term that sent accountants' green eye-shades spinning: “community-adjusted earnings before interest, taxes, depreciation and amortization.
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First-quarter profit rose to 75 cents a share, a penny more than the average of analysts' estimates compiled by Bloomberg. Revenue increased 1.9 percent from a year earlier to $4.9 billion, while analysts expected $5 billion. A reduction in its federal income tax rate “significantly” increased first-quarter
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