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With eye toward China, US Congress eyes development finance overhaul

With eye toward China, US Congress eyes development finance overhaul

WASHINGTON (Reuters) – The U.S. Congress is developing legislation to overhaul the way the government lends money for foreign development projects, something lawmakers said on Wednesday was necessary to counter China’s growing influence. FILE PHOTO: Chairman of the House Foreign Affairs Committee Ed Royce (R-CA) arrives for a hearing in Washington, U.S., June 28, 2017. […]

Facebook's Zuckerberg testimony before Senate committees goes smoothly

Facebook's Zuckerberg testimony before Senate committees goes smoothly

Facebook (FB) CEO and co-founder Mark Zuckerberg testified on Tuesday before the Senate Judiciary and Commerce Committees — a charged, five-hour hearing that saw senators at times lob criticism at Zuckerberg while grilling him on the recent Cambridge Analytica scandal, the company’s role in the 2016 U.S. presidential election, and its position on government regulation […]

In Germany's New Finance Minister, Hammond Has a Brexit Ally

In Germany's New Finance Minister, Hammond Has a Brexit Ally

Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. As the U.K. seeks Brexit allies in Europe, Germany’s new finance minister may be one of its best bets. Photographer: Krisztian Bocsi/Bloomberg Olaf Scholz, a former mayor of Hamburg, has a history of trying to keep British-European ties intact, including […]

Alleged fraud against Angola aimed to take $1.5 billion: Finance Ministry

Alleged fraud against Angola aimed to take $1.5 billion: Finance Ministry

LUANDA (Reuters) – A scheme to defraud the Angolan government, allegedly involving the son of former president, Jose Filomeno dos Santos, dates back to before elections in August last year and aimed to secure $1.5 billion, the Finance Ministry said on Monday. In a statement, the ministry said those involved in the fraud claimed the […]

Russell Crowe pulls in $3.7M in auction to help finance his divorce

Russell Crowe pulls in $3.7M in auction to help finance his divorce

Even Oscar winners need a little help paying the bills. Russell Crowe unloaded dozens of items Saturday night at a Sotheby’s auction in a bid to help him fund his divorce from ex-wife Danielle Spencer — and wound up raking in more than $3 million. Russell Crowe hosted an auction called “The […]

Personal finance shouldn't just be about money

Personal finance shouldn't just be about money

At a recent conference on aging in San Francisco I interviewed author Mark Miller about his new book “Jolt: Stories of Trauma and Transformation.” “Jolt” tells powerful stories of people changed by trauma. For instance, Marietta Jaeger and family took a dream vacation to Montana in 1973. Her youngest daughter — 7-year-old Susie — was […]

Iowa Finance Director requested meeting with Reynolds before firing

Iowa Finance Director requested meeting with Reynolds before firing

DES MOINES, Iowa (AP) – Emails show that Iowa Finance Authority Director David Jamison requested a friendly get-together with longtime ally Gov. Kim Reynolds, just days before she fired him for alleged sexual harassment. The records released Friday underscore how swiftly Reynolds acted to terminate Jamison, with whom she’d had a working relationship dating back […]

London Finance Takes the Blame for UK Productivity Malaise

London Finance Takes the Blame for UK Productivity Malaise

London’s finance industry, along with regional manufacturing, has been the main drag on the U.K.’s dismal productivity performance since the crisis. New analysis by the Office for National Statistics — examining close to 200 industry-region combinations — shows banking and insurance in the capital had the worst performance in recent years compared with the period […]

The highest-paying jobs in finance, according to LinkedIn

The highest-paying jobs in finance, according to LinkedIn

These finance jobs all have median base salaries of at least $100,000. SFROLOV/Shutterstock • Finance jobs have a reputation for coming with massive salaries. • But not all roles are created equal in the finance industry. • LinkedIn looked through its salary data to figure out which finance jobs earn the most money. Finance jobs […]

Macy's Longtime Finance Chief Karen Hoguet to Retire

Macy's Longtime Finance Chief Karen Hoguet to Retire

April 4, 2018 7:52 p.m. ET Macy’s Inc. M 3.79% finance chief Karen Hoguet will retire within the next year, after more than 20 years in the role. Macy’s said it is conducting an external search for her successor and has hired an executive search firm to assist the process. Ms. Hoguet, who has been […]