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Ruble Risks Betrayal at Home in Nation’s Rush for Dollars

October 13th, 2014 (0)
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of the decline. The number of people with foreign-currency holdings rose ...

Espírito Santo Financial Files for Bankruptcy

October 10th, 2014 (0)
Espírito Santo Financial, which was a large shareholder of the bailed-out Portuguese lender Banco Espírito Santo, lost a bid last week for creditor protection in Luxembourg. The Espírito Santo Financial Group, which at one point held about 25 percent ...

Obama Had Security Fears on JPMorgan Data Breach

October 9th, 2014 (0)
President Obama and his top national security advisers began receiving periodic briefings on the huge cyberattack at JPMorgan Chase and other financial institutions this summer, part of a new effort to keep security officials as updated on major cyberattacks ...

Twitter sues U.S. Government over user’s data reporting

October 8th, 2014 (0)
The social media giant wants to loosen restrictions on what it is allowed to tell users about government information requests. Twitter filed a lawsuit against the United States government on Tuesday, seeking to ease restrictions on public disclosures of ...

Hewlett-Packard said plans to break into two

October 6th, 2014 (0)
Hewlett-Packard, a pioneer in business computers, plans to break into two parts as it separates its personal-computer and printer businesses from its technology services. CEO Meg Whitman, who has led a multiyear restructuring, would serve as chairman of the ...

How to choose an accountant

October 3rd, 2014 (0)
Selecting an accountant to support your business is an important decision and something you need to consider carefully. Dan Martin gathers advice from members of  the community UK Business Forums. How much should you pay? As with everything in ...

JPMorgan faces cyber attack with more than 76 Million accounts compromised

October 3rd, 2014 (0)
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...

Oil Prices Fall, and the Global Economy Wins

September 30th, 2014 (0)
Oil is in the midst of one of its steepest selloffs since the financial crisis, with prices falling 16 percent since mid-June. This has the Saudis contemplating even deeper cuts in oil production to keep prices from declining any ...

Judge finds Argentina in contempt in bond payment case

September 30th, 2014 (0)
For more than a year, Judge Thomas P. Griesa of Federal District Court in Manhattan has warned that Argentina would suffer repercussions if it defied his orders regarding payments to bondholders. On Monday, the judge put some teeth behind ...

AIG Trial Begins for the Case of Hank Greenberg

September 30th, 2014 (0)
The case of Starr International Co. Inc. v. United States is about the legality of Washington’s move to stave off AIG’s bankruptcy in exchange for about 80 percent of common stock. Through Starr, Greenberg still owned about 11 percent ...
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