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Collingswood's Sagami has vaulted into the big leagues, named as a semifinalist in the James Beard Awards' outstanding restaurant category alongside Jose Andres' Jaleo in Washington, D.C., David Chang's Momofuku Noodle Bar in New York City and L'Atelier de Joel Robuchon in Las Vegas.
  • Trump's Vow to End Dodd-Frank Faces Big Hurdles

    Trump's Vow to End Dodd-Frank Faces Big Hurdles

    Markets

    Not surprisingly, Hensarling and Ann Wagner (R-MO), Oversight and Investigations Subcommittee chairman are enthusiastic about President Trump's "core principles for regulating the financial system", and say in a statement that Trump's words actually reflect Hensarling's Financial CHOICE Act .
  • DHS Head John Kelly Announces Timetable, Plan of Attack for Trump's Wall

    Markets

    There has been some debate over the funding of the wall, with Trump initially and vocally demanding Mexico pay for the wall and then being rebuked by the Mexican president. Trump is not loved by everyone in America'. "I think that alone would act as a huge deterrent for people who are considering making the trip up", he concluded.
  • After talks, Mexico says at 'impasse' with Trump over wall payment

    After talks, Mexico says at 'impasse' with Trump over wall payment

    Markets

    One day after the spat boiled over, with Peña Nieto canceling a trip to Washington next week in response to Trump's insistence that Mexico pay for the barrier, the two leaders held an hour-long phone conversation. Such refugees should be subject to extensive background checks and other vetting before being granted USA visas - as they already are. It's estimated the "Great Wall" could cost anywhere from $12 billion to $20 billion ― numbers that Senate Majority Leader Mitch McConnell (R-Ky.) ...
  • Alphabet shares fall, despite strong growth in 'Other Bets' division

    Alphabet shares fall, despite strong growth in 'Other Bets' division

    Markets

    Search, clicks and views aren't everything for Google anymore. That is more revenues than Google's non-advertising businesses have ever generated in a single quarter and represented a 62 percent jump over the same quarter one year ago. Google's new Pixel smartphones and its voice-controlled speaker, the Google Home, contributed a great deal to the growth of revenue across other-bets.
  • Diageo Scotch & whiskey global sales rebound from sluggish growth one year ago

    Diageo Scotch & whiskey global sales rebound from sluggish growth one year ago

    Markets

    Diageo's Scotch brands account for more than 25% of the company's sales and grew 6% during the six-month period, an improvement over the previous year's 1% sales gain of its Scotch portfolio. Another brand, Bulleit, is growing at four times the category. "The a year ago has seen a lot of change in our North American marketing approach and team to focus on the recruitment of millennial and multicultural consumers".
  • Rates on hold as inflation bottoms

    Markets

    That was the fastest annual pace since June 2014 and the first time headline inflation has been within the Reserve Bank's target band of 1-3% in two years. "The Australian economy has grown at a rate below its potential of about 1.275 percent for six out of the past eight years, which means there is more people willing to work than there are jobs, it means businesses aren't using all their computers, or perhaps manufacturers aren't using all the machines they own".
  • Home Sales Hit Record Low in December

    Home Sales Hit Record Low in December

    Markets

    The numbers registered from last month were actually last seen 18 years ago, when the housing market also had a big drop. December's report surprised analysts who had forecast a more modest decline with existing-home sales dropping 1.1% to an annual rate of 5.52 million sales, according to Reuters.
  • Safran announces merger agreement with Zodiac Aerospace

    Safran announces merger agreement with Zodiac Aerospace

    Markets

    The new entity would combine Safran's expertise in landing gear, brakes, wheels, nacelles, power systems, actuation and avionics with Zodiac's leading position in seats, cabin interiors, power distribution, lighting, fuel, oxygen, fluid systems and safety equipment.
  • Optimism, but uncertainty too: BofC on economy

    Optimism, but uncertainty too: BofC on economy

    Markets

    It says its base-case outlook only factors in the impact of the expected USA fiscal boost, which would help Canada through increased demand, and the effects of Trump's vow to cut corporate taxes, which it notes would hurt Canadian competitiveness.
  • Essilor, Luxottica to combine, creating eyewear giant worth $49 billion

    Markets

    The combined group, to be known as EssilorLuxottica, will have annual sales of more than 15 billion euros and employ a workforce of 140,000 worldwide. Luxottica's shares would be delisted afterward, the companies said. Once the merger is finalized, EssilorLuxottica will be listed in the French index, meaning that the Italian bourse will lose its fourth most valuable stock, Dow Jones reported .