Saudis Raise Allowances for Some Royals After Purge

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Saudis Raise Allowances for Some Royals After Purge

Saudi Arabia increased its payments to some members of the royal family just as officials were wrapping up a controversial anti-corruption campaign that targeted some of the kingdom's richest men and most prominent princes, according to three people with knowledge of the matter. The most recent
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The Fed's Dilemma Isn't Going Away Under Powell

Inflation and wage increases continue to undershoot expectations at the same time the central bank confronts forces pressuring it to credit tightening. by. A. Gary Shilling. @agaryshilling More stories by A. Gary Shilling. 12. February 1, 2018, 2:00 AM PST. The new Fed chairman has a tough job ahead.
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GoPro Misses Already Low Sales Estimates Amid Talks of a Sale

GoPro Inc. hired investment bank JPMorgan Chase & Co. to advise on a potential sale, Bloomberg News reported last month. Once valued at more than $10 billion, GoPro's market capitalization has fallen to less than $1 billion. A buyer could leverage GoPro's brand and gain profit contributions from
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Enel in talks with cryptocurrency miner: Bloomberg

–Enel SpA is in discussions with Swiss cryptocurrency company Envion AG to sell it power from renewable-energy plants, unnamed sources told Bloomberg. –According to Bloomberg, Europe's largest utility is evaluating the market for selling electricity to miners of digital currencies, which require huge
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White House seeks 72 percent cut to clean energy research, underscoring administration's preference for fossil fuels

The Trump administration is poised to ask Congress for deep budget cuts to the Energy Department's renewable energy and energy efficiency programs, slashing them by 72 percent overall in fiscal 2019, according to draft budget documents obtained by The …
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