Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell answer Minnesota Senator Tina Smith’s questions on producing jobs.
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Should Weakness in The J. M. Smucker Company’s (NYSE:SJM) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
J. M. Smucker (NYSE:SJM) has had a rough month with its share price down 6.2%. However, stock prices are usually…
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AT&T quits Venezuela as US sanctions force it to defy Maduro
AT&T said Tuesday it will immediately ditch Venezuela’s pay TV market as U.S. sanctions prohibit its DirecTV platform from broadcasting channels that it is required to carry by the socialist administration of Nicolás Maduro. It joins a number of other U.S. companies — General Motors, Kellogg Co. and Kimberly-Clark — that have abandoned Venezuela due to shrinking sales, government threats and the risk of U.S. sanctions. “Because it is impossible for AT&T’s DIRECTV unit to comply with the legal requirements of both countries, AT&T was forced to close its pay TV operations in Venezuela, a decision that was made by the company’s U.S. leadership team without any involvement or prior knowledge of the DIRECTV Venezuela team,” the company said in a statement.
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