Warren decries 'mindless' approach to budget cuts

Warren decries 'mindless' approach to budget cuts
BOSTON — U.S. Sen. Elizabeth Warren sounded a pessimistic tone with business leaders on Monday when asked about the prospects of heading off $ 85 billion in automatic spending cuts scheduled to take effect on Friday. "Right now there are people who …
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Exclusive: Goldman to begin fresh round of job cuts – sources
Goldman Sachs Group Inc plans to begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities business bracing for bigger cuts than fixed-income trading. The cuts come at the time of year in …
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US offered seat on new global accounting panel
LONDON – The United States has been offered a seat on a new global accounting panel, in a move that the body behind the initiative hopes will help persuade the world's biggest capital market to adopt its rules. Lack of U.S. adoption has been a glaring …
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