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The U.S. Bank, one of the largest U.S. lenders, has agreed to pay $613 million to settle U.S. government claims that it cut corners on anti-money laundering safeguards. (Daniel Acker/Bloomberg)
Business

US Bank settlement shows Trump isn’t giving misbehaving lenders a free pass

James Langford -
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Pedestrians pass in front of a U.S. Bank branch in downtown Chicago in January. The lender has agreed to pay $613 million to settle claims that it deliberately scrimped on anti-money laundering safeguards. Photographer: Christopher Dilts/Bloomberg
Business

Government fines U.S. Bank $613 million for poor money-laundering safeguards

James Langford -
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Vehicles pass in front of the Hilton Pasadena hotel in Pasadena, Calif. The hotel company expects to benefit this year as consumers and companies spend extra cash from a GOP-led tax break on travel. Photographer: Patrick T. Fallon/Bloomberg
Business

Hilton plots sales growth as corporate travelers spend tax windfall

James Langford -
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Parts are assembled before being attached to a vessel under construction at the General Dynamics shipyards in San Diego in late 2015. The company is bucking the trend among military contractors by expanding in the information-technology arena.
Business

General Dynamics’ $9.6 billion deal shows how much size matters for tech work

James Langford -
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Asphalt piles up in front of a paver machine during operations on an Illinois state highway in Streator, Ill. Momentum for such projects is likely to increase under President Trump's infrastructure plan, says Martin Marietta Materials CEO Ward Nye. (Daniel Acker/Bloomberg)
Business

Trump’s $1.5 trillion road-repair plan boosts momentum at Martin Marietta

James Langford -
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While historical patterns are no guarantee, the so-called January barometer — the theory that the first month of the year can be used as an indicator of what's in store for the rest of the year — has proven reliable 38 of the 40 times since the mid-20th century when the S&P 500 experienced full-year growth, according to Fidelity Investments.
Business

Unnerved by the Dow’s slide? This market gauge may offer some comfort

James Langford -
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Business

Congressional backlash at Equifax data breach spares its business model

James Langford -
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While some reports have described the Federal Reserve's action against Wells Farego as unprecedented, the central bank imposed a similar restriction on New York-based Citigroup in March 2006. (Daniel Tepper/Bloomberg)
Business

How the Fed’s Wells Fargo crackdown makes deregulation easier

James Langford -
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The destroyer USS Truxtun sits in dry dock at the General Dynamics shipyard facility on the Elizabeth River in Norfolk, Va. General Dynamics and rival contractors stand to benefit from increased U.S. military spending.
Business

 Weapons maker General Dynamics expands tech lineup with $9.6 billion CSRA deal

James Langford -
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American International Group's headquarters in New York. CEO Brian Duperreault expects the insurer to benefit this year from a GOP-led tax cut whose provisions fueled a fourth-quarter loss. (Michael Nagle/Bloomberg)
Business

AIG chief builds 2018 ‘momentum’ with lower tax rate, Validus deal

James Langford -
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