Rajan Raises Key Rate to Fight Inflation as Cash Curbs Eased Bloomberg India's central bank raised its benchmark interest rate for the second straight month to fight accelerating inflation, while further easing emergency liquidity curbs that were imposed in July to support the rupee. Governor Raghuram Rajan boosted the ... | |
Fed tapering of stimulus unlikely this week USA TODAY This week's Federal Reserve meeting is expected to lack the drama of recent gatherings, with economists saying there's virtually no chance policymakers will begin to scale back the central bank's bond-buying stimulus. Still, Fed watchers will be scouring the ... | |
UBS Profitability Goal Delayed by Capital Demands Bloomberg UBS AG (UBSN), Switzerland's biggest bank, said it probably won't be able to reach its profitability goal in 2015 after the Swiss regulator demanded the company hold more capital for risks related to litigation. The bank's ambition to reach its 15 percent return ... | |
Nextdoor raises $60 million from Kleiner Perkins, Tiger Global Los Angeles Times SAN FRANCISCO -- Nextdoor, the social network for neighbors, has raised $60 million in funding from Kleiner Perkins Caufield & Byers and Tiger Global Management. The giant funding round also included Comcast Ventures and previous investors, ... | |
House OKs Bill to Delay Financial Advice Rules ABC News Ignoring a White House veto threat, the House voted on Tuesday for a bill that would delay rules for brokers who provide financial advice to retirees. The Republican-led House voted 254-166 for the measure that stands little chance in the ... | |
Deutsche Bank Q3 profit plummets on legal charges Reuters FRANKFURT | Tue Oct 29, 2013 11:33am IST. FRANKFURT Oct 29 (Reuters) - Deutsche Bank posted a 98 percent drop in quarterly pre-tax profit to 18 million euros ($24.81 million), below the lowest expectations, weighed by a fall in trading income and a 1.2 ... | |
Billionaire Steven Cohen's hedge fund could pay $1B fine in fraud case: sources NBCNews.com Billionaire Steven A. Cohen's embattled SAC Capital hedge fund, which was indicted on fraud charges in July, is close to finalizing a settlement with federal prosecutors that could result in a $1 billion fine, sources told CNBC. A deal could be announced as ... | |
Conference Board October Consumer Confidence Index Drops to 71.2 Bond Buyer The consumer confidence index decreased to 71.2 in October from a revised 80.2 last month, The Conference Board reported Tuesday. To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer ... | |
Infosys Said to Reach Settlement With U.S. on Visa Probe Bloomberg Infosys Ltd. (INFO), India's second-largest software exporter, reached a settlement resolving a U.S. investigation into the company's use of visas, two people familiar with the matter said. The agreement with the U.S. Attorney's Office for the Eastern District of ... | |
City sues hot sauce maker, calls odour from factory a public nuisance Montreal Gazette LOS ANGELES, Calif. - The maker of Sriracha hot sauce is under fire for allegedly fouling the air around its Southern California factory. The city of Irwindale filed a lawsuit Monday asking a judge to stop production at the Huy (hoy) Fong Foods factory, claiming ... | |
Oil Rises on Libyan Output Drop; Yen Falls, S&P 500 Gains Bloomberg Oil rallied amid a drop in Libyan output and bets that central banks in America and Japan will maintain monetary stimulus. The yen weakened and European stocks fell while U.S. shares and Treasuries were little changed. Brent crude oil climbed 2.5 percent ... | |
Report Notes Weaknesses of TARP Homeowner-Aid Plan Wall Street Journal WASHINGTON—A multibillion-dollar government program designed to help struggling homeowners pay their mortgages is now expected to assist far fewer people than originally anticipated, according to an inspector general's report. The report by the special ... | |
Bipartisan deal in US Congress to delay flood insurance hike -sources Reuters By David Adams. Mon Oct 28, 2013 8:32pm EDT. Oct 28 (Reuters) - U.S. House and Senate members have reached a bipartisan agreement to delay by at least four years a flood insurance rate hike that would impact more than a million homeowners, ... | |
Somehow, Marilyn Tavenner still has backers Politico Plenty of people have called for heads to roll after the Obamacare rollout — including that of Kathleen Sebelius, the secretary of Health and Human Services. But so far, they haven't called for the head of Marilyn Tavenner, the administrator for the Centers for ... | |
Michael Kors Shares Will Replace NYSE Euronext in S&P 500 Index Bloomberg Michael Kors Holdings Ltd. (KORS), the luxury-goods company founded by the designer of the same name, will replace NYSE Euronext (NYX) in the Standard & Poor's 500 Index, S&P said in a statement today. The change will take place after the close of ... | |
Morgan Stanley to seek Fed approval for more share buyback: WSJ Reuters Canada (Reuters) - Morgan Stanley (MS.N: Quote) plans to seek the U.S. Federal Reserve approval to widen the $500 million share buyback program cleared earlier this year, the Wall Street Journal reported, citing people familiar with the matter. Better profits and ... | |
JPMorgan Chase Foundation Provides $6.3 Million to Nonprofits to Help ... Wall Street Journal JPMorgan Chase (NYSE:JPM) announced today its Foundation is providing $6.3 million in grants to help people gain access to safe and affordable housing. Programs will help first-time homebuyers prepare for homeownership, develop affordable housing in ... | |
It's National Cat Day! Want a Kitten? Wall Street Journal The ASPCA and the Cheezburger online humor network have teamed up to promote kitten adoption. WSJ's Simon Constable welcomes a few furry friends to promote their cause. Photo: WSJ Live. Up Next ... | |
LinkedIn earnings preview: What to watch CNBC.com Over the past two weeks, LinkedIn has made several big mobile announcements—unveiling new apps and showing how the company is "mobile-izing." The main message is threefold: Mobile is increasingly important to its users and recruiters,; it's evolving ... | |
Turkey's Bosphorus tunnel to open sub-sea Asia link BBC News A railway tunnel underneath the Bosphorus Strait is due to open in Turkey, creating a new link between the Asian and European shores of Istanbul. Turkey's Prime Minister Recep Tayyip Erdogan has for years championed the undersea engineering project, ... | |
Sears weighs spinning off Lands' End to shareholders Milwaukee Journal Sentinel Sears Holdings Corp. said Tuesday it is considering spinning off Dodgeville-based Lands' End as part of a strategy to focus on its other retail businesses. By Paul Gores of the Journal Sentinel. Updated: 1:02 p.m.. Tweet. Email; Print. (2) Comments. | |
Now Fate Of Nokia Corporation (ADR) (NYSE:NOK) Brand Is In Microsoft's Hand eFinance Hub Nokia Corporation (ADR) (NYSE:NOK)'s former CEO, Stephen Elop, unveiled six new Nokia devices last week just before swallowing of its handset business to Microsoft Corporation (NASDAQ:MSFT). It was the most impressive launch in recent memory, was ... | |
Earnings Preview: Aetna reports on 3Q Tuesday Sacramento Bee Aetna Inc. beat analyst expectations and raised its 2013 forecast after this year's first two quarters, and investors will find out Tuesday morning whether the nation's third-largest health insurer can keep the streak going. WHAT TO WATCH FOR: Wall Street will ... | |
IG: SSA Scanning Tool Unable to Provide Sufficient Hardware Identification FEDweek The Social Security Administration has a process to identify hardware devices connected to its network, but the network scanning tool it uses is unable to provide sufficient hardware identification, the agency's inspector general has said in calling for better ... | |
Nasdaq Payout on Facebook Is $41.6 Million After Finra Review Traders Magazine (Bloomberg) -- Nasdaq OMX Group Inc. owes $41.6 million to firms that lost money in Facebook Inc.'s initial public offering last year due to a malfunction in the exchange's computers, according to the group that oversees brokerages. The amount is less than ... | |
Singapore's Producer Prices Continue To Fall RTT News Singapore's manufacturing producer prices decreased further in September, but at a slower pace than in the previous month, data released by Statistics Singapore revealed Tuesday. The producer price index for the manufacturing sector decreased 0.9 ... | |
Wal-Mart to open up to 110 new stores in China Las Vegas Sun Wal-Mart Stores Inc. plans to open up to 110 new stores in China in the next three years while the world's largest retailer seeks to make the business there more profitable. Wal-Mart says it will focus on developing supercenters and Sam's Clubs while ... | |
Rabobank faces £600m fine as Libor scandal resurfaces The Guardian The FCA and US regulators are poised to announced larger than expected penalties on Rabobank. Photograph: David Levene. The Libor rigging scandal could be reignited on Tuesday when Dutch mutual Rabobank is expected to become the fifth financial ... | |
Zoomlion case exposes 'black PR' as BlueFocus denies accusations Campaign Asia-Pacific (blog) Want to search for a company in a few clicks? Get onto the CASBAA Directory search engine now! » More. Home » Expertise » PR » PR · Tweet · Email article to a friend · Print this article. Zoomlion case exposes 'black PR' as BlueFocus denies accusations. | |
Gazprom, Naftogaz work on development of deposits in Sea of Azov, Black Sea ... Interfax The energy companies of Russia and Ukraine plan to develop oil deposits in the Sea of Azov and the Black Sea even before the delimitation process is complete. "Our countries' companies are thinking of how to make the most of what was found there. Russia ... | |
Tuesday preview: US retail sales and consumer confidence figures IFA Magazine Retail sales and consumer confidence figures in the US will be released on Tuesday as the Federal Reserve begins its two-day policy meeting. US advanced retail sales for September are expected to remain little changed, according to consensus. Consumer ... | |
Major business and economic events scheduled for Tuesday: Huffington Post WASHINGTON — Labor Department releases the Producer Price Index for September, 8:30 a.m.; Commerce Department releases retail sales data for September, 8:30 a.m.; Standard & Poor's releases S&P/Case-Shiller index of home prices for August, 9 a.m. ... | |
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