Tag Archives: Barclays

Financial Daily Dose 8.13.2020 | Top Story: Uber and Lyft Warn Gig-Worker Ruling Could Push Them Out of California

BY: Michael D. Reif | August 13, 2020

Ride-hailing companies Uber and Lyft are warning that California’s new moves forcing them to classify their drivers as employees could force them both to shutter their operations altogether in that state (at least while they appeal the adverse ruling). The strategy’s become a tried-and-true approach for Uber at this point – Bloomberg and MarketWatch and … Continue reading

Financial Daily Dose 2.13.2020 | Top Story: Britain Investigates Ties Between Jeffrey Epstein and Barclays CEO Staley

BY: Michael D. Reif | February 13, 2020

UK regulators are probing ties between disgraced financier Jeffrey Epstein and Barclays CEO Jes Staley. The bank’s board is so far standing 100% with Staley, who has expressed “regret” over his relationship with Epstein – Bloomberg and NYTimes and WSJ Meanwhile, in an effort to push Facebook and other social media giants toward self-policing, a … Continue reading

Financial Daily Dose 1.9.2020 | Top Story: “Highlights” from Carlos Ghosn’s Accusatory Press Conference

BY: Michael D. Reif | January 9, 2020

A recap of Carlos Ghosn’s big media moment on Wednesday, which was short on the escape details everyone wanted to hear and long on accusations against other execs at Nissan and Japan’s justice system – NYTimes and WSJ and Bloomberg and MarketWatch The Journal’s reporting that food-delivery company Grubhub, which went public nearly 6 years … Continue reading

Financial Daily Dose 8.2.2019 | Top Story: White House Threatens More Tariffs on China

BY: Michael D. Reif | August 2, 2019

Jobs Report Friday! Some thoughts on what to look for in the numbers – Bloomberg and WSJ and NYTimes Apparently hoping to urge China off of its new go-slow tactic, the White House is applying its maximum pressure campaign again, announcing yesterday that the US will “impose a 10 percent tariff on an additional $300 … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 2, 2019

We were pretty sure that the Fed would keep interest rates steady as it wrapped its Open Market Committee meetings yesterday, and Fed Chair Powell delivered on that expectation. He also admitted that the same lack of inflation that bedeviled the Yellen-helmed Fed is still an issue for the central bank [all while assuring markets … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 11, 2018

Anbang Insurance founder Wu Xiahoui’s fall from grace now includes an 18-year prison sentence for his conviction by a Shanghai court for using Anbang to “cheat investors out of more than $10 billion” – NYTimes and WSJ The Times considers how the sentence is part of China’s larger strategy for tackling the mountain of debt … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 20, 2018

It was a busy Thursday in the big pharma world, with drugmaker Shire rejecting a $60 billion takeover offer from Japan’s Takeda, while US rival Allergan disclosed that it was considering a bid of its own for Shire – WSJ and Bloomberg and Law360 The Upshot on why global policymakers appear so concerned about a … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 3, 2018

Welcome back.  Let’s get caught up. China’s latest response to the White House’s aluminum and steel tariff plans came in the form of a no-joke April 1 announcement of its own tariffs of roughly $3 billion in 128 U.S.-made products ranging from pork to wine and seamless steel pipes – NYTimes and WSJ and Marketplace … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 13, 2018

Just one day?  True.  But a 400-point increase for the Dow was welcome news to start this particular Wall Street week – WSJ and Bloomberg Dealbook’s White Collar Watch considers what the Fed’s dropped hammer on Wells Fargo means for the rest of corporate America – NYTimes The post 3G Capital Kraft Heinz runs like … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 20, 2017

Barclays and a group of its former execs are facing charges of fraud by false representation by Britain’s Serious Fraud Office over deals they struck with Qatar in 2008 to avoid a government bailout – NYTimes and WSJ and Bloomberg Bitcoin has bounced back after a dive last week, but as we’ve discussed here already—it’s … Continue reading