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Credit Suisse flags 6,500 job cuts in 2017 after $2.4 billion loss

Credit Suisse will cut up to 6,500 more jobs in 2017, as Chief Executive Tidjane Thiam pushes ahead with a major restructuring which he said on Tuesday might now no longer include floating the bank's Swiss business.
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Credit Suisse to cut 5,500 jobs in 2017 after $2.4 billion full-year loss

Credit Suisse (CSGN.S) posted a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, its second straight year in the red, keeping pressure on Chief Executive Tidjane Thiam to deliver on his turnaround plan for Switzerland's second-biggest bank. ...
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Euro replacing dollar in Iran's banking transactions

TEHRAN, Feb. 11 (MNA) – Trump’s arrival has shed doubts on international ties of Iranian banks who are now after replacing dollar with euro or local currencies in financial transactions in bid to counter banking sanctions....
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Defections by Sears, Kmart cap week of controversy for Trump brands

Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom Inc stopped carrying her products. ...
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Sales of Ivanka Trump apparel slumped at Nordstrom: WSJ report

Nordstrom's sales of Ivanka Trump's line of clothing and shoes fell by nearly one-third in the past fiscal year, with sharp drops in sales in the weeks before her father Donald Trump was elected president, the Wall Street Journal reported on Saturday....
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The CFPB has returned $12B to consumers. Republicans want to kill it

In a recent press conference, White House Press Secretary Sean Spicer bashed the Consumer Financial Protection Bureau, heightening already-raised questions as to whether the agency’s director would last in a Trump administration....
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Oil prices rise as investors pour fresh cash into crude futures

Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U.S. sanctions against Iran could be extended to affect crude supplies....
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China's foreign reserves fall to 6-year low after outflows

BEIJING (AP) — China's foreign exchange reserves have fallen to a six-year low following outflows of capital that prompted Beijing to tighten controls on outbound investment....
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How To Develop An Entrepreneur Mindset

After the third attempt and failure at starting a business I said, “That’s it. I’m never doing this again! This is clearly for other people.”...
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Halliburton asks workers from banned countries not to travel to U.S.

(Reuters) - Halliburton Co has advised workers from the countries named in President Trump's immigration ban not to travel to the U.S., according to an email from a spokeswoman....
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