In a TV interview with Greg Hayes, the CEO of United Technologies stated that reasons for keeping jobs in Indiana was government contracts,prospect of favorable regulations. He also said that Mexican workers are 80% cheaper and more dedicated. Furthermore UTC believes that with automation they can stay competitive in the US which will still result in job loss for US workers.
Evidence is emerging that the hacking and disinformation campaign waged at the direction of Russian President Vladimir Putin took at least four separate but related paths. The first involved establishing personal contact with Americans perceived as sympathetic to Moscow — such as former Defense Intelligence Agency chief Michael Flynn, former Trump campaign chairman Paul Manafort, and early Trump foreign-policy adviser Carter Page — and using them as a means to further Russia's foreign-policy goals.
Democratic members of the House Judiciary Committee sent a letter to Attorney General Jeff Sessions on Wednesday asking why the Department of Justice settled a major money-laundering case involving a real-estate company owned by the son of a powerful Russian government official whose lawyer met with Donald Trump Jr. last year.
Let's not be naive. If I told you that a firm with ties to a sometimes adversarial foreign power was trying to overpay a Trump administration official for their now struggling business, you might say, "Gee, that seems like a conflict the White House doesn't need right now." But here we are.
West Wing staffers were concerned that White House counsel Don McGahn would quit earlier this summer because of his frustration over meetings between President Donald Trump and his senior and adviser and son-in-law, Jared Kushner, The Wall Street Journal reported on Friday. Given their proximity to the Russia probe, McGahn was reportedly concerned that the frequency with which Trump and Kushner met could be seen as an attempt to coordinate their stories, three officials familiar with the matter told The Journal.
An AP investigation found Jared Kushner's firm repeatedly lied about the number of tenants in its building who were living under rent controlled housing. The Kushner Cos. routinely filed false paperwork with the city declaring
it had zero rent-regulated tenants in dozens of buildings it owned
across the city when, in fact, it had hundreds.
The House voted on the biggest rollback of Wall Street regulations since the financial crisis. While the bill would change many regulations for regional and community banks, analysts say it is not a total dismantling of the Dodd-Frank Act.
A real estate startup partly-owned by presidential senior adviser Jared
Kushner is seeking an investment of at least $100 million from a private
fund backed by Saudi Arabia and the United Arab Emirates.
The son of Supreme Court Justice Anthony Kennedy was leading a real-estate division of Deutsche Bank as it gave President Donald Trump over $1 billion in loans to finance his real-estate projects when other banks wouldn't, The New York Times reported Thursday.
There's mounting anecdotal evidence that President Donald Trump's trade war is causing trouble for the US economy and businesses. But Friday's report on third-quarter gross domestic product may be the best hard evidence yet that the tariffs are causing major disruptions in the economy.