By Kate Davidson WSJ Tues., Jan. 29, 2019 Treasury Secretary Steven Mnuchin said Tuesday he sees no signs of a recession on the horizon in the wake of a 35-day government shutdown that weighed on growth early in the year. In an interview with Fox Business Network, Mr. Mnuchin said officials believe U.S. gross domestic product grew 3% in 2018, and they expect the U.S. economy can keep up that robust pace again this year. Asked about the effect of the shutdown on growth, the Treasury secretary pointed to earlier comments from White House economic adviser Kevin Hassett that most of the cost will likely be recovered, but he said the administration hasn’t completed its analysis. “The good news is we got the government open, people are back to work and we have not seen any significant impact on the economy,” he said. Write to Kate Davidson at [email protected] Article Continued Below Report an error Journalistic Standards About … [Read more...] about There Are No Indications of Recession on Horizon, Says Mnuchin
PUBLISHED: 08:40 25 January 2019 | UPDATED: 08:40 25 January 2019 The Lloyds TSB branch on Unthank Road in Norwich. Photo: Bill Smith Archant © 2013 Further job losses could be on the horizon at bank Lloyds TSB, after its chief executive refused to deny rumours that more roles could be axed. The high street lender has cut nearly 10,000 jobs since the government sold off its stake in the lender to take it fully private in May 2017.Despite having created 8,000 jobs, the company has said the restructuring of its IT systems may result in further redundancies. MORE: John Lewis restructures maintenance team, affecting more than 450 jobs Chief executive Antonio Horta-Osorio speaking at the World Economic Forum in Davos, Switzerland:,“I’m not ruling it out. It will depend on customer behaviour. We have to serve our customers, and depending on the way they want to interact with us, we will need more or less people.”Mr Horta-Osorio said Lloyds delivered 600,000 … [Read more...] about Further job cuts could be on the horizon at Lloyds TSB
“Fortnite” creator Epic Games has been targeted by no less than four lawsuits accusing the company of appropriating popular dance moves for profit. Artists accusing ‘Fortnite’ of stealing their dances include “Fresh Prince of Bel-Air” actor Alfonso Ribeiro, an Instagram star known as The Backpack Kid, rapper 2 Milly, and the mother of a “Fortnite” contest entrant known as Orange Shirt Kid. Weeks after the first lawsuits against Epic surfaced, Microsoft’s “Forza Horizon 4” has removed two of the same dances identified in the suits against Epic. A series of lawsuits aimed at “Fortnite” may have prompted Microsoft to remove a pair of dances from their racing game “Forza Horizon 4.” “Fortnite” Creator Epic Games has been sued on behalf of “Fresh Prince of Bel-Air” actor Alfonso Ribeiro, an Instagram star known as The Backpack Kid, rapper 2 Milly, and most recently, the … [Read more...] about Microsoft’s ‘Forza Horizon 4’ removes controversial dances at center of the ‘Fortnite’ lawsuits
Updated 4:09 am CST, Wednesday, January 16, 2019 Russian Foreign Minister Sergey Lavrov arrives to attend an annual roundup news conference about his department's 2018 accomplishments in Moscow, Russia, Wednesday, Jan. 16, 2019. Russian Foreign Minister Sergey Lavrov arrives to attend an annual roundup news conference about his department's 2018 accomplishments in Moscow, Russia, Wednesday, Jan. 16, 2019. Photo: Pavel Golovkin, AP Photo: Pavel Golovkin, AP Image 1 of / 3 Caption Close Image 1 of 3 Russian Foreign Minister Sergey Lavrov arrives to attend an annual roundup news conference about his department's 2018 accomplishments in Moscow, Russia, Wednesday, Jan. 16, 2019. Russian Foreign Minister Sergey Lavrov arrives to attend an annual roundup news conference about his … [Read more...] about The Latest: Lavrov says swapping American not on horizon
MANILA, Philippines – For the second time in his basketball career, Scottie Thompson's hard work and effort was rewarded with a Most Improved Player (MIP) citation. Thompson won the award in 2012, after a superb campaign for University of Perpetual Help in the 88th season of the NCAA. Seven years later, he once again took home an MIP trophy, this time after having a big year for Barangay Ginebra in the PBA. Thompson averaged 9.1 points, 9.0 rebounds, 5.6 assists, and 1.4 steals per game for the Gin Kings, and never lacked for hustle. He was the Finals MVP when Ginebra won the 2018 PBA Commissioner's Cup, and also earned a spot in the Second Mythical Team aside from getting the MIP nod. "I think, 'yun nga, through hard work, sa practices, 'yung mga pinaghihirapan ko nag-pay off," said Thompson of once again winning a "Most Improved" award. "Kasi ang mentality ko lang naman lagi is hard work lang talaga." "Bonus na 'yung mga ganitong pagkakataon na darating na may awards," he … [Read more...] about PBA: Is MVP trophy on the horizon for Scottie Thompson?