White House's Kudlow voices support for Fed's Powell, Herman Cain nomination

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White House's Kudlow voices support for Fed's Powell, Herman Cain nomination

WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Thursday he has confidence in Federal Reserve Chairman Jerome Powell but that President Donald Trump intends to proceed with plans to name a controversial partisan to the …
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Carlyle agrees to buy 30 pct stake in Spain's Cepsa – FT

April 7 (Reuters) – Private equity firm Carlyle Group LP has agreed to buy a 30 percent stake in Spanish oil and gas company Cepsa from an Abu Dhabi sovereign wealth fund in a $3.6 billion deal including debt, the Financial Times reported on Sunday, citing …
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Warren Buffett urges Wells Fargo to look beyond Wall Street for next CEO: FT

(Reuters) – Warren Buffett, Wells Fargo & Co’s largest shareholder, urged the bank in an interview with the Financial Times on Sunday to look outside Wall Street for a new chief executive officer. “They just have to come from someplace (outside Wells) and …
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Accounting Demystified: Contingent Liabilities

This next article in the “accounting demystified” series looks at an item in the financial statements known as “contingent liabilities.” A contingent liability
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Activist group withdraws resolution challenging Shell climate policy

LONDON (Reuters) – An activist group said it has withdrawn a shareholder resolution calling on Royal Dutch Shell to change its climate policy after the oil and gas company reached a broad agreement with investors on the issue. The Anglo-Dutch energy …
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