Financials
China to defer implementation of property tax despite surging prices
BEIJING, March 4 China has no plans to implement a nationwide property tax this year, the spokeswoman for China's parliament said on Saturday, despite mounting expectations that such measures would soon be introduced to restrain surging property prices.
Trump's choice for SEC chair clears ethics hurdle -source
WASHINGTON, March 3 President Donald Trump's pick to chair the Securities and Exchange Commission, Jay Clayton, passed a key hurdle toward his confirmation after a government ethics watchdog gave him a clearance, a person familiar with the matter said on Friday.
UPDATE 1-Mantle Ridge nears deal to install Harrison as CSX CEO -sources
March 3 CSX Corp is nearing a deal with one of its largest investors, activist hedge fund Mantle Ridge LP, to sign up veteran railroad executive Hunter Harrison as the U.S. railroad company's CEO, people familiar with the matter said on Friday.
White House seeking sharp budget cut to climate agency -Washington Post
WASHINGTON, March 3 The Trump administration is seeking a 17 percent cut to the budget of the government's meteorological agency that monitors the climate and issues daily weather forecasts, the Washington Post reported on Friday.
Caterpillar is sued by a shareholder after federal raid
March 3 Caterpillar Inc was sued on Friday for allegedly deceiving shareholders about its business, one day after federal law enforcers raided three of its buildings in connection with a probe into the heavy machinery manufacturer's offshore tax practices.
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