Why Jefferies is surging and snatching back business from Wall Street’s top investment banks (LUK)

Jefferies Jefferies on Tuesday reported record earnings, driven by a strong year from its investment bank. It’s part of a resurgence for the firm, which jumped two spots to ninth in US investment banking revenue. Investing in talent in recent years while others retreated has helped the bank snatch back market share, as has growing […]

China is snatching away Trump’s chance to be a global leader on energy

Thomson Reuters Much of Pres. Donald Trump’s Mar-a-Lago country club in Palm Beach, Fla., sits less than two meters above the Atlantic Ocean, meaning big parts of the resort could rest beneath the waves by the end of this century as seas rise in response to global warming. Already nearby communities like Miami Beach are […]