LOS ANGELES (Reuters) – The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back “animal spirits” that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.
About 200 people in a caravan of Central American asylum seekers waited on the Mexican border with San Diego for a second straight day on Monday to turn themselves in to U.S. border inspectors, who said the nation’s busiest crossing facility did not have enough space to accommodate them. After a monthlong journey across Mexico under the Trump administration’s watchful eye, the asylum seekers faced an unexpected twist Sunday when U.S. Customs and Border Protection Commissioner Kevin McAleenan said San Diego’s San Ysidro border crossing facility had “reached capacity.” The agency said in a statement on Monday that it …read more […]
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, was back in business on Monday after a hardware glitch abruptly ended trading on Friday and the exchange operator TMX Group said it was working to ensure there will be no repeat of the embarrassing market disruption.
Apple has the financial strength to ramp up its buyback program, according to RBC Capital Markets analyst Amit Daryanani. Apple could buy back $25 billion of its own stock over the next five years. At $261 billion, Apple has the largest cash pile of any US company, and a large chunk of that is stashed overseas. …read more […]