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India

Jonathan Stempel

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

9:25am IST

Ivanka Trump, Italy's Aquazzura end 'Wild Thing' shoe lawsuit

NEW YORK Italian shoemaker Aquazzura Italia SRL has dismissed its lawsuit accusing Ivanka Trump of stealing the design of its "Wild Thing" stiletto-heeled shoe for her own, less-expensive "Hettie" model.

4:08am IST

Goldman wins dismissal of lawsuit in U.S. over ties to Malaysia leader

NEW YORK Goldman Sachs Group Inc has won the dismissal of a $510 million lawsuit in New York brought by a private equity firm that accused the Wall Street bank of shortchanging it in a merger to "curry favor" with Malaysia's prime minister.

17 Nov 2017

Pets or planes? Investors tout lesser-known bets for 2018

NEW YORK With U.S. stock prices near record highs and major economies worldwide on an upswing, top investment professionals are seeking out less familiar and less popular ways to invest.

16 Nov 2017

Gotham's Greenblatt: Recent U.S. stock gains unsustainable

NEW YORK Investors counting on sustained double-digit percentage gains in U.S. stock prices should lower their expectations, according to Joel Greenblatt, a hedge fund and mutual fund manager who also teaches value investing at Columbia Business School.

16 Nov 2017

Manhattan jury convicts payday lender in $220 million fraud scheme

NEW YORK A federal jury in Manhattan on Wednesday found a Kansas City, Missouri businessman guilty of fraud for running a $220 million payday lending scheme that charged illegally high interest rates and made loans to consumers who did not authorize them.

16 Nov 2017

Manhattan jury convicts payday lender in $220 mln fraud scheme

NEW YORK, Nov 15 A federal jury in Manhattan on Wednesday found a Kansas City, Missouri businessman guilty of fraud for running a $220 million payday lending scheme that charged illegally high interest rates and made loans to consumers who did not authorize them.

16 Nov 2017

Whole Foods is sued for selling allegedly non-hypoallergenic products

Two shoppers have filed a lawsuit accusing Whole Foods Market Inc of deceiving them into buying or overpaying for personal care products advertised as hypoallergenic, but actually "chock-full" of known allergens, carcinogens, chemicals and toxins that can irritate or damage the skin.

16 Nov 2017

Ellington's Vranos fears corporate liquidity crisis, likes 'fallen angels'

NEW YORK Corporate borrowers could face a liquidity crisis if lenders insist on tightening covenants as interest rates rise, Michael Vranos, who oversees $6.5 billion at Ellington Management Group, said on Wednesday.

16 Nov 2017

Pimco's Fels sees U.S. stuck in 'new neutral' of low rates as fear vanishes

NEW YORK A top economist at Pacific Investment Management Co on Tuesday said global markets are stuck in a low interest rate environment that has siphoned fear from investors who may be ill-prepared for when the market environment next heads south. | Video

15 Nov 2017

PGIM Fixed Income's Peters cuts risk amid inflation, Fed, tax worries

NEW YORK Gregory Peters said he has reduced risk in the $695 billion of assets he helps oversee at PGIM Fixed Income, citing the threats that excessive U.S. inflation or economic stimulus could trigger a recession.

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