British pound endures one of its worst days ever
Business / Europe

British pound endures one of its worst days ever

LONDON (AP) — As if it wasn’t shaky enough, the British pound endured one of its biggest falls ever on Friday — with some in the markets blaming trading robots or a fat-fingered typo for sending the currency down a precipitous 6 percent in just a couple of minutes. For one of the world’s major … Continue reading

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Business leaders call Trump bad for economy in new letter
Business / Celebrities / Politics

Business leaders call Trump bad for economy in new letter

WASHINGTON (AP) — A dozen big-name business leaders, including lifelong Republicans and independents, say they won’t support real estate mogul Donald Trump for president. They say he would be bad for the economy, and they question how successful he’s been as a businessman. “For sustained investment, economic growth and job creation, American business needs as … Continue reading

To fight tax dodging, Denmark will buy leaked Panama Papers
Business / Europe

To fight tax dodging, Denmark will buy leaked Panama Papers

COPENHAGEN, Denmark (AP) — Denmark will buy leaked data from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, the Scandinavian country’s taxation minister said Wednesday. Karsten Lauritzen said Danish tax authorities had received an anonymous offer over the summer to acquire data from the so-called “Panama Papers” that could … Continue reading