Search Results for: wall Street
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
Yahoo Faces SEC Probe Over Data Breaches
January 23rd, 2017
U.S. authorities are investigating whether Yahoo Inc.’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter, in what could prove to be a major test in defining when a company ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
$25 trillion investment needed to meet future oil demand
January 18th, 2017
The world needs to invest $25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the World Economic Forum in Davos on Tuesday. According to the ...
Deutsche Bank Agrees to Pay $7.2 Billion
January 18th, 2017
Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in its Sale of Residential Mortgage-Backed Securities Deutsche Bank’s Conduct Contributed to the 2008 Financial Crisis The Justice Department, along with federal partners, announced today a $7.2 billion settlement ...
India may introduce a fat tax on junk food
January 16th, 2017
Fat tax in works: If Narendra Modi approves, everything from Maggi to pizzas could fall in net The government may introduce a fat tax on junk food and sugary beverages in the upcoming budget, say various media reports. The ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
Billionaire George Soros reportedly lost nearly $1 billion during Trump rally
January 13th, 2017
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump’s unexpected Nov. 8 election victory, The Wall Street Journal reported. The hedge-fund manager’s former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a ...
Takata to plead guilty to criminal wrongdoing in defective airbags probe; to pay $1 billion
January 13th, 2017
Takata Corp. is expected to plead guilty to criminal wrongdoing and pay $1 billion over its handling of defective airbags, the The Wall Street Journal reported Thursday. The auto parts supplier has been under federal investigation since its rupture-prone airbags were ...
International law firm investigates multiple complaints against Banc de Binary
January 10th, 2017
International law firm investigates multiple complaints against Banc de Binary International law firm Giambrone (SLG) has today announced a partnership with a global finance firm focused on litigation funding to finance increasing number of litigation in the forex and ...
