Search Results for: fed
SEC Charges San Diego-Based Investment Adviser
April 16th, 2014
The U.S. Securities and Exchange Commission has announced charges against a San Diego-based investment advisory firm, its chief executive officer, chief compliance officer, and another employee for misleading investors and breaching their fiduciary duties to clients. The SEC’s Enforcement ...
Tax Havens Put U.S. Filers on Hook for $1,259 Each, Report Says
April 16th, 2014
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. “Tax haven abusers ...
Europe Stocks Decline as Investors Weigh Ukraine Violence
April 15th, 2014
European stocks declined, after yesterday’s advance, as investors weighed violence in eastern Ukraine and further evidence of a slowdown in China’s economy. U.S. futures and Asian shares were little changed. The Stoxx Europe 600 Index fell 0.4 percent to ...
People with old social security debts get reprieve
April 15th, 2014
People with old Social Security debts are getting a reprieve — for now. The Social Security Administration had been participating in a program in which thousands of people were having their tax refunds seized to recoup overpayments that happened ...
SEC charges brokerage firm
April 15th, 2014
The US Securities and Exchange Commission has announced another round of charges in its ongoing case against several individuals involved in a massive kickback scheme to secure the bond trading business of a state-owned Venezuelan bank. The SEC alleges ...
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
ASIC obtains orders cancelling 15 million shares held in Northwest Resources Limited
April 11th, 2014
Following an application by ASIC, the Federal Court of Australia has ordered the cancellation of 15 million shares in ASX-listed Northwest Resources Limited (Northwest) that were held in the name of Craigside Company Limited (Craigside), a company incorporated in ...
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
European Stocks Rise After Two-Day Drop; Kingfisher Gains
April 9th, 2014
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
