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Halliburton Agrees To Pay $1.1 Billion To Avoid Future Claims

September 4th, 2014 (0)
Halliburton Co. has reached a settlement in U.S. District Court in New Orleans to pay $1.1 billion to resolve most of the claims against it arising from the Deepwater Horizon oil spill in the Gulf of Mexico in a ...

Bank of Japan Stands Pat on Monetary Policy

September 4th, 2014 (0)
The Bank of Japan maintained its massive monetary stimulus and its upbeat view on the economy on Thursday, unfazed by recent signs the pain from an April sales tax rise may last longer than expected and make its inflation ...

Apple’s drop below $100 costs investors $26.1 billion

September 4th, 2014 (0)
Following news of the latest security attack of Apple’s iCloud service over the weekend and news of a smartphone partnership between Samsung and Facebook (FB), Apple’s AAPL shares were under major pressure. Shares of Apple Wednesday fell $4.36, or ...

The Exaggerated Death of Inflation

September 3rd, 2014 (0)
Is the era of high inflation gone forever? In a world of slow growth, high debt, and tremendous distributional pressures, whether inflation is dead or merely dormant is an important question. Yes, massive institutional improvements concerning central banks have ...

Second Trial Approaching for Rowland, Ex-Connecticut Governor

September 3rd, 2014 (0)
The accusations are similar. The judge will be different. The last time John G. Rowland, the former governor of Connecticut, appeared at the federal courthouse here as a defendant in a criminal corruption trial, he received a sentence of ...

Bank Seizure Leaves Bulgarians Stranded

September 3rd, 2014 (0)
What seemed at first to be a short-term banking crisis is looking more like a chronic condition. But the name of the affliction probably does not matter as much to companies and consumers as the money, about $4 billion ...

U.S. Dollar Gets Stronger

September 3rd, 2014 (0)
U.S. dollar bulls are enjoying their moment in the sun after a trying start to the year, and analysts told CNBC the good times could continue. The greenback strengthened to a seven month high against the yen in early ...

WEF: UK moves up global economic list

September 3rd, 2014 (0)
The UK has edged up the global rankings in a major annual economic survey by the World Economic Forum (WEF). Its Global Competitiveness Report sees the UK rise one spot to ninth on the list, while Switzerland and Singapore ...

Swedish regulator warns against unauthorised firm

September 2nd, 2014 (0)
The Swedish Financial Supervisory Authority (Finansinspektionen) has today published a statement in order to warn investors against dealing with unauthorised firms. Stratford Private Equity PLC has not received authorisation from Finansinspektionen and therefore is not entitled to provide financial ...

U.S. Stock Futures Are Little Changed Before Output Data

September 2nd, 2014 (0)
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
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