Business

The federal government’s immigration crackdown in California widened Friday with the announcement that a five-day sweep led to the arrest of 212 undocumented immigrants and the targeting of 122 businesses in Southern California. The action comes on the heels of raids in Northern California targeting undocumented immigrant workers. The Trump administration’s clampdown on illegal immigration
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Canadians will have to wait until at least early August or later to legally purchase recreational marijuana. As recently as last week, Prime Minister Justin Trudeau‘s government was insisting it was on track for legalization in July. But given a new Senate timetable to pass the legislation, Health Minister Ginette Petitpas Taylor conceded Thursday it
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Japan‘s two cryptocurrency industry groups are planning to merge to form a self-regulating body, seeking to better safeguard investors after last month’s $530 million heist of digital money, sources involved in the negotiations said. The Japan Blockchain Association and the Japan Cryptocurrency Business Association are expected to merge as early as April, the sources said.
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Airbus on Thursday took a new 1.3 billion euro ($1.6 billion) hit on its A400M military transport plane, lifting charges on Europe’s troubled defense project above 8 billion euros and cloudinghigher-than-expected underlying profits. Europe’s largest aerospace group posted adjusted 2017 operating profit of 4.253 billion euros on revenues of 66.767 billion euros and predicted a
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U.S. business inventories increased a bit more than expected in December, lifted by solid gains in stocks at manufacturers and wholesalers. The Commerce Department said on Wednesday that business inventories rose 0.4 percent after a similar gain in November. Economists polled by Reuters had forecast inventories, a key component of gross domestic product, rising 0.3
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The head of a prominent Latino business organization is leaving his job amid allegations of financial impropriety and sexual harassment. Late Monday, directors of the United States Hispanic Chamber of Commerce announced that the group’s president and chief executive, Javier Palomarez, would step aside. “After much deliberation and careful consideration for the future of the
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“The only clear pathway to truly helping victims, many of whom I represent, is to allow this deal to proceed,” she wrote in an email. “I have worked with Maria’s team and they are 100 percent committed to helping victims. That is why I unequivocally support their deal.” She added, “If the Weinstein Company is
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The DFTZ is just one example of Malaysia’s participation in Belt and Road. Prime Minister Najib Razak has agreed to several rail projects and a deep-sea port that could see his country rival Singapore as a transshipment hub. The Muslim-majority nation was the fourth most attractive destination for Chinese overseas direct investment in 2017, according
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George Waldman | Bloomberg | Getty Images Ford Ranger pickup trucks are seen at a dealership in Detroit, January 20, 2006. Ford and U.S. safety regulators are telling the owners of 33,428 Ranger pickup trucks in North America not to drive them because they have Takata air bag inflators “that are an immediate risk to
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Speculative cryptocurrency investors are negatively impacting on experimentation with the nascent technology, an executive at Singapore’s central bank said Monday. Sopnendu Mohanty, chief fintech officer of the Monetary Authority of Singapore (MAS), told CNBC that he did not want speculative investing in the digital currency space to “destroy the experimental value of cryptocurrency.” MAS is
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