Tag Archives: BusinessInsider.com

Trump tells Philippine President Rodrigo Duterte 'great job' for drug war that killed thousands

Philippine President Rodrigo Duterte. Thomson Reuters President Donald Trump appeared to endorse Philippine President Rodrigo Duterte’s brutal campaign against suspected drug dealers, according to a transcript of an April phone conversation between the two. Trump praised Duterte for doing “an unbelievable job on the drug problem” in the Philippines, according to the transcript cited by The Washington Post. The US ...

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What a 'nail bomb' is and why they are terrifying improvised weapons

Police investigators work at residential property in south Manchester, Britain May 23, 2017. REUTERS/Stefan Wermuth Following an explosion on May 22 outside an Ariana Grande concert in Manchester, England, at least 22 people are dead and 59 are injured. Prime Minister Theresa May has called the deadly event a “callous terrorist attack,” which the Greater Manchester Police has said was ...

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Wall Street's workforce is slowly and relentlessly shrinking

It’s relentless. Every year, the number of bankers and traders employed by the largest banks on Wall Street shrinks a little. Headcount across investment banking, equities and fixed-income trading at the top 12 banks dropped by 1,900 from the first quarter of 2016 to the first quarter of 2017, a fall of 3%, according to new data from industry consultant Coalition. The data ...

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Former CIA director: Here's why people should care about the Russia controversy

John Brennan. Thomson Reuters Former CIA director John Brennan reflected on the US’s lengthy history as a nation Tuesday when asked why Americans should care about the Russia firestorm during congressional testimony. “So, not for my sake, but for America’s sake: As someone who has devoted your entire life to public service, in your own words, please tell my constituents … why ...

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'There's no reason whatsoever' for it: The Trump administration's latest battle with ethics officials is 'extraordinary'

Donald Trump. Ronen Zvulun/Reuters The chief ethics lawyer for President George W. Bush was baffled at the latest kerfuffle between the White House and the Office of Government Ethics. On Monday, The New York Times reported that President Donald Trump’s White House refused to disclose to the OGE any ethics waivers granted to former lobbyists who now work in the ...

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The Senate Intelligence Committee is turning up the heat on Michael Flynn

White House National Security Advisor Michael Flynn (C) arrives prior to a joint news conference between Canadian Prime Minister Justin Trudeau and U.S. President Donald Trump at the White House in Washington, U.S., February 13, 2017. REUTERS/Carlos Barria The Senate Intelligence Committee said it is issuing new subpoenas for documents from two Virginia-based business entities controlled by Michael Flynn. The ...

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A London startup that lets you get anything delivered raised £20 million to expand in the UK

A Quiqup courier. Quiqup LONDON — Quiqup is an on-demand delivery startup for delivering, well, just about anything. Over the past few years, a flock of delivery startups have rapidly grown up across the UK, each promising users something slightly different. Deliveroo will bring you food from restaurants, while Jinn delivers even from shops that don’t offer delivery. Quiqup’s couriers ...

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A definitive breakdown of the gloomy state on Wall Street

A man outside the New York Stock Exchange on January 15 in New York City.Spencer Platt/Getty Images Don’t be fooled. While Wall Street bank revenues appeared to bounce back in the first quarter of 2017, with banks posting strong results in fixed income trading in particular, industry-wide revenues were still down on the same period from 2012 to 2015.  According to data ...

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These are the CEOs who had the biggest pay raises — and pay cuts — of 2016

Leonardo DiCaprio portrays Jordan Belfort in the 2013 film “The Wolf of Wall Street.”“The Wolf of Wall Street”/Paramount Pictures The Associated Press and Equilar, an executive data firm, teamed up to calculate which three CEOs received the biggest pay raises in 2016, and which three took the biggest pay cuts. Check out who won at the bank, and who didn’t, below. View As: ...

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Deadly violence continues to climb in Mexico, where an ascendant cartel is strengthening its grip on power

A Mexican marine looks at the body of a gunman as it lies next to a vehicle after a gun fight in Culiacan, Mexico, February 7, 2017. (AP Photo/Rashide Frias) Deadly violence declined slightly between March and April this year in Mexico, but the first four months of the year marked a grisly milestone. The first one-third of 2017 saw ...

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