Search Results for: President Barack Obama
GemCoin Investors Seek $100 Million in Class Action Lawsuit
October 9th, 2015
An $100m class action lawsuit has been filed on behalf of victims of an alleged Ponzi scheme involving the fake cryptocurrency ‘Gemcoin’ days after a US Securities and Exchange Commission (SEC) crackdown. The complaint, filed Monday by The Liu Law Group ...
Trans-Pacific free trade deal agreed creating vast partnership
October 6th, 2015
The biggest trade deal in decades was struck on Monday. The Trans-Pacific Partnership (TPP) cuts trade tariffs and sets common standards in trade for 12 Pacific rim countries, including the US and Japan. It marks the end of five ...
U.S. sanctions against Chinese firms could be next week
September 4th, 2015
The United States is preparing to sanction Chinese companies connected to the cyber theft of U.S. intellectual property as early as next week, the Financial Times reported on Thursday. The FT cited three U.S. officials as saying the sanctions ...
Leaders push for deal as creditors await revised Greek proposals
June 9th, 2015
Representatives of Greece’s creditors were on Monday awaiting revised proposals from Athens as international pressure mounted for a reform deal, with US President Barack Obama and German Chancellor Angela Merkel pushing for swift action to clinch an agreement. In ...
US trade deals with Europe and Asia face setback
May 15th, 2015
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the Senate. Late on Tuesday, senators rejected a bill that would allow the president to speed trade deals through Congress. ...
Athens prepares a compromise before Eurogroup
February 10th, 2015
Plan entails ‘bridge program’ to September, possible use of loan tranche Government sources Monday gave a preview of the proposal planned for Wednesday’s crucial Eurogroup summit, foreseeing a bridge program linking to a “new deal” with creditors that would ...
Hatch: Only Tax Reform Can Cure US Inversions
January 26th, 2015
Senate Finance Committee Chairman Orrin Hatch reiterated his view that the only solution to corporate tax inversions is United States tax reform, during remarks at a conference hosted by the Brookings Institution on January 23. Hatch has long been ...
Congress reaches deal for $1.1 trillion U.S. spending bill
December 10th, 2014
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
As U.S. hearings loom, Takata faces long slog in air bag crisis
November 20th, 2014
Takata Corp (7312.T) faces a long battle to gauge the fallout from a fast-moving air bag crisis as recalls mount up, adding to the costs for the loss-making Japanese auto partsmaker. Two U.S. Senators have called a news conference on ...
Dow, S&P 500 set record highs in light volume
November 12th, 2014
The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market’s recent rally in light volume as consumer discretionary shares gained. The S&P 500’s top percentage gainer was Zoetis, which jumped 8.9 ...
