Ex-SAC Trader Seeks to Use Cohen Testimony New York Times Steven A. Cohen is not likely to testify at the insider trading trial of Mathew Martoma, a former trader at SAC Capital Advisors, but Mr. Martoma wants to use some of the testimony that the hedge fund's owner gave in a related investigation. Mr. Martoma is ... | |
JPMorgan emails show China family hires made to win deals: NYT Reuters (Reuters) - Internal JPMorgan Chase & Co (JPM.N) emails and computer files being examined by U.S. authorities show that the bank favored hiring people from prominent Chinese families in order to win investment banking business, the New York Times ... | |
Lowest jobless rate in 5 years raises chances of a Fed move Boston Globe NEW YORK — After years of frustrating fits and starts after the financial crisis and the Great Recession, the US job market finally appears to be on a path of steady but sustainable improvement. The unemployment rate in November fell to its lowest level since ... | |
10 Things to Know: This Week's Takeaways Seattle Post Intelligencer Looking back at the stories to remember from the past week: 1. NELSON MANDELA DIES AT AGE 95. South Africa's first black president was a global symbol of sacrifice and reconciliation in a world often jarred by conflict and division. His death Thursday set ... | |
Gensler Said to Win Volcker-Rule Limits for Foreign Banks Bloomberg Commodity Futures Trading Commission chief Gary Gensler has persuaded U.S. regulators to insert new language into the Volcker rule clarifying its impact on foreign banks, according to people briefed on the change. The revision, which applies to the rule's ... | |
Secret New UAS Shows Stealth, Efficiency Advances Aviation Week A large, classified unmanned aircraft developed by Northrop Grumman is now flying—and it demonstrates a major advance in combining stealth and aerodynamic efficiency. Defense and intelligence officials say the secret unmanned aerial system (UAS), ... | |
5 trends beneath the surface in Nov. jobs report Seattle Post Intelligencer WASHINGTON (AP) — As the U.S. job market improves, it's also evolving, with winners and losers. Warehouses and trucking companies are doing more holiday hiring than the stores they're working for. Factory workers are getting more overtime, while pay is ... | |
WTO overcomes last minute hitch to reach its first global trade deal NDTV Nusa Dua, Indonesia: The World Trade Organization reached its first ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could ... | |
CMS gives early numbers on health file errors Politico The agency in charge of HealthCare.gov estimates that errors affect 10 percent of the enrollee files that it is supposed to send to insurers to confirm coverage. CMS spokeswoman Julie Bataille said Friday that the current error rate marks a substantial ... | |
UPDATE 4-Mexico nears energy bill, oil to remain in state hands Reuters By Dave Graham and Ana Isabel Martinez. MEXICO CITY Dec 6 (Reuters) - Mexican senators on Friday neared agreement on a bill that would allow private investors to drill for oil and market the country's black gold, but keep ownership of the crude in state ... | |
Rebecca Pearce, director of Maryland's ailing health insurance exchange, resigns Washington Post The Maryland official who directly oversaw the rollout of Maryland's health insurance exchange resigned Friday amid continuing technical problems that have hampered the state's online enrollment efforts. After an emergency session Friday night, the board of ... | |
Mega Millions jackpot climbs to $344 million for next week Reuters (Reuters) - The Mega Millions jackpot rose to an estimated $344 million for next week's drawing after no one won the top prize of $297 million on Friday evening, lottery organizers said. The next drawing is slated for December 10 at 11 p.m. E.T. (0400 GMT ... | |
McDonald's to Its Minimum-Wage Workers: Here's How to Tip Personal Trainers ... The Atlantic By now, you'd think that McDonald's would have learned the perils of offering its workers financial advice. First there was the PR flap when it handed out a budgeting guide that suggested employees would need two jobs to survive. Then there was the ... | |
Regional trade agreements set to flourish Jakarta Post The trade sector would see more regional trade agreements (RTAs) established in the coming years in an effort to boost cooperation among countries, experts have concluded. With no global trade deal produced by the World Trade Organization (WTO) in ... | |
Pimco's Gross: Job Gains Mean 50 Percent Odds of December Fed Taper Moneynews Bill Gross, manager of the world's biggest bond fund, said the pace of payroll growth in November signals there a 50 percent chance the Federal Reserve will begin tapering its monthly bond purchases this month. "It's at least 50-50 now," Pacific Investment ... | |
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