Markets
At United Nations, Pakistan flags rising tension with India
- September 30, 2016
In a further statement, it said that its Foreign Secretary had summoned the Indian High Commissioner and "condemned the unprovoked firing" by the Indian forces. "One soldier from 37 RR with weapon has inadvertently crossed over to the other side of the Line of Control". "No external force has the capability or capacity to challenge the sovereignty and territorial integrity of Pakistan", he said. (more...)
- September 30, 2016
In a further statement, it said that its Foreign Secretary had summoned the Indian High Commissioner and "condemned the unprovoked firing" by the Indian forces. "One soldier from 37 RR with weapon has inadvertently crossed over to the other side of the Line of Control". "No external force has the capability or capacity to challenge the sovereignty and territorial integrity of Pakistan", he said. (more...)
Palestinian President Mahmoud Abbas to Attend Shimon Peres Funeral
- September 30, 2016
Scores of other world leaders are expected to attend, including U.S. President Barack Obama, former president Bill Clinton and French President François Hollande. Obama, who has a tense relationship with Israeli Prime Minister Benjamin Netanyahu, pointed out in a communiqué that he will use his stay in Tel Aviv to renew his efforts in favor of the peace process with the Palestinians, which "we know it is possible". (more...)
- September 30, 2016
Scores of other world leaders are expected to attend, including U.S. President Barack Obama, former president Bill Clinton and French President François Hollande. Obama, who has a tense relationship with Israeli Prime Minister Benjamin Netanyahu, pointed out in a communiqué that he will use his stay in Tel Aviv to renew his efforts in favor of the peace process with the Palestinians, which "we know it is possible". (more...)
Members Of Congress Rip Into Mylan CEO
- September 30, 2016
The top Democrat on the House Oversight and Government Reform Committee , Rep. Chaffetz said the lack of competition in the market contributed to the situation and that families were forced to incur the increasingly high cost for a drug that is often not covered by insurers. (more...)
- September 30, 2016
The top Democrat on the House Oversight and Government Reform Committee , Rep. Chaffetz said the lack of competition in the market contributed to the situation and that families were forced to incur the increasingly high cost for a drug that is often not covered by insurers. (more...)
Yahoo should face SEC probe over breach, senator says
- September 30, 2016
At the time of the summer attack, Yahoo said it was "aware of the claim", but the company declined to say if it was bogus or not. Also today, a Reuters reporter obtained a copy of a letter sent by six US Democratic senators to Mayer herself, asking her point blank questions about the way she and the company handled the incident. (more...)
- September 30, 2016
At the time of the summer attack, Yahoo said it was "aware of the claim", but the company declined to say if it was bogus or not. Also today, a Reuters reporter obtained a copy of a letter sent by six US Democratic senators to Mayer herself, asking her point blank questions about the way she and the company handled the incident. (more...)
Mylan CEO Claims EpiPens Aren't As Profitable As Everyone Thinks
- September 30, 2016
Lawmakers also took aim at the EpiPen's significance to Mylan's business and the extravagant growth of Bresch and other top company executives' compensation. "I truly believe the story got ahead of the facts", Bresch said. The EpiPen delivers a dose of epinephrine, an antidote to a severe and potentially deadly allergic reaction to anything from nuts to bee stings. (more...)
- September 30, 2016
Lawmakers also took aim at the EpiPen's significance to Mylan's business and the extravagant growth of Bresch and other top company executives' compensation. "I truly believe the story got ahead of the facts", Bresch said. The EpiPen delivers a dose of epinephrine, an antidote to a severe and potentially deadly allergic reaction to anything from nuts to bee stings. (more...)
Senators Want Timeline of Yahoo Data Breach
- September 30, 2016
Yahoo , the multinational technology company, faced a serious security breach as a hacker was able to expose user accounts of several million users. Yahoo said it would respond in a "timely and appropriate" manner, Reuters reported . (more...)
- September 30, 2016
Yahoo , the multinational technology company, faced a serious security breach as a hacker was able to expose user accounts of several million users. Yahoo said it would respond in a "timely and appropriate" manner, Reuters reported . (more...)
CT reviewing its relationship with Wells Fargo
- September 30, 2016
The bank also was fined $20 million by the Office of the Comptroller of the Currency for violations dating to 2006. "Today's action should serve notice to the entire industry that financial incentive programs, if not monitored carefully, carry serious risks that can have serious legal consequences", CFPB Director Richard Cordray said in a September 8 statement. (more...)
- September 30, 2016
The bank also was fined $20 million by the Office of the Comptroller of the Currency for violations dating to 2006. "Today's action should serve notice to the entire industry that financial incentive programs, if not monitored carefully, carry serious risks that can have serious legal consequences", CFPB Director Richard Cordray said in a September 8 statement. (more...)
Charleston firm among investors calling for North Carolina to repeal LGBT law
- September 30, 2016
The bill also applies to the University of California and California State University systems. When asked if the law could potentially have negative consequences for those in states like North Carolina actively working to promote equal rights, Wiener said, "Boycotts are never easy, and there are advantages and disadvantages. (more...)
- September 30, 2016
The bill also applies to the University of California and California State University systems. When asked if the law could potentially have negative consequences for those in states like North Carolina actively working to promote equal rights, Wiener said, "Boycotts are never easy, and there are advantages and disadvantages. (more...)
National Weather Service issues coastal flooding warning
- September 30, 2016
As of Wednesday evening, the latest weather model data suggested that the majority of the storm activity would remain along, or east of the Blue Ridge, bringing substantial rainfall and flooding potential to areas in central and northern Virginia. (more...)
- September 30, 2016
As of Wednesday evening, the latest weather model data suggested that the majority of the storm activity would remain along, or east of the Blue Ridge, bringing substantial rainfall and flooding potential to areas in central and northern Virginia. (more...)
German inflation picks up to hit 16-month high
- September 30, 2016
ECB President Mario Draghi met with German lawmakers in Berlin on Wednesday, where he vowed to continue his ultra-loose monetary stimulus for as long as needed. Spain's national consumer price index rose by 0.3 percent in September on an annual basis, up from a 0.1 percent drop in August and the first time it has risen since July 2015, the National Statistics Institute (INE) said. (more...)
- September 30, 2016
ECB President Mario Draghi met with German lawmakers in Berlin on Wednesday, where he vowed to continue his ultra-loose monetary stimulus for as long as needed. Spain's national consumer price index rose by 0.3 percent in September on an annual basis, up from a 0.1 percent drop in August and the first time it has risen since July 2015, the National Statistics Institute (INE) said. (more...)
Wells Fargo CEO hammered by U.S. politicians
- September 30, 2016
And you said in your Senate hearings last week that you first found out about the fake accounts in late 2013. "And the L.A. Times article about the scandal was published in December 21, 2013". "You've defrauded your customers". "When the prosecutors get ahold of you, you're going to have a lot of fun". "What standards are you holding yourself to that sends a message to the rest of these folks in your organization?" "I'm giving all of my energy to leading the company through this". (more...)
- September 30, 2016
And you said in your Senate hearings last week that you first found out about the fake accounts in late 2013. "And the L.A. Times article about the scandal was published in December 21, 2013". "You've defrauded your customers". "When the prosecutors get ahold of you, you're going to have a lot of fun". "What standards are you holding yourself to that sends a message to the rest of these folks in your organization?" "I'm giving all of my energy to leading the company through this". (more...)
Deutsche Bank chief shoots down state aid rumours
- September 30, 2016
Germany's largest lender extended losses to a record low this week, dragging down European financial stocks, after the US Department of Justice requested US$14 billion (S$19.04 billion) to settle claims tied to fraudulent mortgage-backed securities. (more...)
- September 30, 2016
Germany's largest lender extended losses to a record low this week, dragging down European financial stocks, after the US Department of Justice requested US$14 billion (S$19.04 billion) to settle claims tied to fraudulent mortgage-backed securities. (more...)
Clinton visits Iowa as early voting gets underway
- September 30, 2016
Clinton addressed hundreds of supporters at an outdoor rally here, speaking to their economic concerns by pledging to boost jobs and wages, and improve workforce education. Sen. He told reporters in Raleigh that he had been studying the first Clinton-Trump debate and practising against a dramatised version of Trump running mate Mike Pence, played in prep sessions by Washington lawyer Bob Barnett. (more...)
- September 30, 2016
Clinton addressed hundreds of supporters at an outdoor rally here, speaking to their economic concerns by pledging to boost jobs and wages, and improve workforce education. Sen. He told reporters in Raleigh that he had been studying the first Clinton-Trump debate and practising against a dramatised version of Trump running mate Mike Pence, played in prep sessions by Washington lawyer Bob Barnett. (more...)
300 buildings threatened by California wildfire
- September 30, 2016
It happened to be the hottest day of the year and by that evening, the fire had grown to about 1,000 acres. Drivers will have limited access on the Santa Cruz County roads due to numerous emergency vehicles in the area and are advised to limit their travel, sheriff's officials said. (more...)
- September 30, 2016
It happened to be the hottest day of the year and by that evening, the fire had grown to about 1,000 acres. Drivers will have limited access on the Santa Cruz County roads due to numerous emergency vehicles in the area and are advised to limit their travel, sheriff's officials said. (more...)
Yellen says Fed may change stress tests, capital buffers for United States banks
- September 29, 2016
Ms Yellen told the committee that, in general, large and regional banks are now well-capitalized and profitable, and the Fed is seeing growth in commercial and industrial lending. Williams expressed confidence that Yellen will be able to bridge the "significant" split inside the Fed, much as she did last December, when she won unanimous backing for the Fed's first rate hike in almost a decade. (more...)
- September 29, 2016
Ms Yellen told the committee that, in general, large and regional banks are now well-capitalized and profitable, and the Fed is seeing growth in commercial and industrial lending. Williams expressed confidence that Yellen will be able to bridge the "significant" split inside the Fed, much as she did last December, when she won unanimous backing for the Fed's first rate hike in almost a decade. (more...)
German government preparing rescue plan for Deutsche Bank
- September 29, 2016
Shares in the bank have lost more than half of their value since January after the bank booked an nearly 7-billion-euro loss in 2015. The bank securitized at least $11 billion of loans past year. "At no point did I ask" Merkel "for support". "Many banks are struggling with reforming and transforming their business models", she said in London. (more...)
- September 29, 2016
Shares in the bank have lost more than half of their value since January after the bank booked an nearly 7-billion-euro loss in 2015. The bank securitized at least $11 billion of loans past year. "At no point did I ask" Merkel "for support". "Many banks are struggling with reforming and transforming their business models", she said in London. (more...)
Suspect ordered into mental health treatment
- September 29, 2016
Amber Cathey, a former high school classmate and neighbor in the apartment complex where Cetin lived in the town of Oak Harbor, told the AP she found him "creepy, rude and obnoxious". "He said nothing", Hawley said. The 20-year-old Cetin was arrested Saturday evening after a almost 24-hour manhunt following the slayings at the Cascade Mall in Burlington. (more...)
- September 29, 2016
Amber Cathey, a former high school classmate and neighbor in the apartment complex where Cetin lived in the town of Oak Harbor, told the AP she found him "creepy, rude and obnoxious". "He said nothing", Hawley said. The 20-year-old Cetin was arrested Saturday evening after a almost 24-hour manhunt following the slayings at the Cascade Mall in Burlington. (more...)
Philippines to scrap future war games with US
- September 29, 2016
He told the Filipino community in Hanoi late Wednesday night that he will maintain the military alliance with the US because of the countries' 1951 defense treaty. "Broadening cooperation and collaboration between the Philippines and Vietnam and solidifying our strategic partnership to further strengthen our countries in the regions which we belong to", he explained. (more...)
- September 29, 2016
He told the Filipino community in Hanoi late Wednesday night that he will maintain the military alliance with the US because of the countries' 1951 defense treaty. "Broadening cooperation and collaboration between the Philippines and Vietnam and solidifying our strategic partnership to further strengthen our countries in the regions which we belong to", he explained. (more...)
Clinton, Trump trade taunts after testy debate
- September 29, 2016
While Trump ignored the rules of the debate to repeatedly cut in on Clinton , Clinton seemed unwilling to react to him and stuck to her talking points, a criticism she acknowledged with a similarly canned line. the stamina. "What we hear from my opponent is dangerously incoherent". The end-of-the-month fundraising deadline is Friday, and Trump and his Democratic rival Hillary Clinton have used that deadline, along with their high-profile debate this week at Hofstra University, to ... (more...)
- September 29, 2016
While Trump ignored the rules of the debate to repeatedly cut in on Clinton , Clinton seemed unwilling to react to him and stuck to her talking points, a criticism she acknowledged with a similarly canned line. the stamina. "What we hear from my opponent is dangerously incoherent". The end-of-the-month fundraising deadline is Friday, and Trump and his Democratic rival Hillary Clinton have used that deadline, along with their high-profile debate this week at Hofstra University, to ... (more...)
Airtel Announces Special 4G Data Pack With Free Data For 90 Days
- September 29, 2016
Indian audiences being budget conscious are preferring Jio over Airtel. Step 8: Take your barcode with two photocopies and get the Sim of your own from the Reliance Jio store. Comparing the price of this 4G data pack with that of Jio's, we can clearly see specific differences in the price points. Airtel prepaid users can also log into the company's website to avail existing active offers available. (more...)
- September 29, 2016
Indian audiences being budget conscious are preferring Jio over Airtel. Step 8: Take your barcode with two photocopies and get the Sim of your own from the Reliance Jio store. Comparing the price of this 4G data pack with that of Jio's, we can clearly see specific differences in the price points. Airtel prepaid users can also log into the company's website to avail existing active offers available. (more...)
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Oil trades at three-week low amid rising shale output