Page 11 - Bloomberg_Businessweek

By Kyle Stock Bloomberg Businessweek January 29, 2018

Americas

○ “I do feel ○ Kimberly-Clark ○ A Brazil appeals court ○ Fulfilling a promise to
said it would cut its upheld Luiz Inácio domestic manufacturers,
it’s a little bit global workforce Lula da Silva’s the Trump administration
imposed tariffs of as much
2017 conviction on
like 2006, by as much as charges of graft and money as 50 percent on imported
13 percent, or laundering. The unanimous solar panels and washing
when we 5,500 jobs. verdict increases his prison machines. 23
sentence from 9½ to
were all 12 years and significantly
complicates the popular
talking former president’s quest
to reclaim the office in
whether The maker of Kleenex tissues and October.
Huggies diapers is closing 10 of its
we’ve solved 91 factories as it retools to compete
with Amazon.com’s private-label
paper products.
the riddle ○ Meg Whitman, whose ○ The dollar fell to its lowest level in three years after

of economic last day as HP CEO is U.S. Treasury Secretary Steven Mnuchin told reporters
Feb. 1, will lead Hollywood
at Davos that he backed a weaker currency in the
crises.” superproducer Jeffrey short term.
Katzenberg’s mobile video
venture, tentatively known 9
as NewTV.
Dollar spot index
1200

1100

Barclays CEO Jes Staley warned 1000
Davos attendees that markets are
getting complacent. 1/24/14 1/24/18

○ European Union antitrust
regulators fined Qualcomm Africa
$1.2b ○ Egyptian authorities ○ Nigeria’s Olympic bobsled team, the first on the

arrested former General continent, has scooped up endorsement deals from
for paying Apple to use Sami Annan, who’d Apple, Under Armour, and Visa ahead of the opening of
h
G
i P
the Wint
its chips exclusively announced he would th Wi ter Games in Pyeongchang.
in the company’s challenge incumbent
iPhones and computers. Abdel-Fattah el-Sisi in
Qualcomm said it strongly March’s presidential
disagrees with the elections.
decision and will appeal.