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Federal Reserve Chair Janet Yellen says central bank has no authority to regulate digital currency

In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.


US-based commission-free stock trading app RobinHood emerges from private beta

Redwood City, California-based mobile finance app Robinhood emerged out of its private beta to let signed-up users trade stocks for free instead of paying a fee for every transaction done.

PIMCO Global Income Opportunities Fund Files Final Prospectus

PIMCO Canada Corp. is pleased to announce that PIMCO Global Income Opportunities Fund has filed a final prospectus dated February 26, 2014, with the securities regulatory authorities of all the Canadian provinces and territories for an initial public offering of Class A Units at a price of $10 per Class A Unit.

CIC Now Offers Co-Signer.com's Residential Rent Guarantee Program Nationwide

Co-Signer, Inc. today announced its subsidiary, Co-Signer.com, the nation's premier provider of residential rent assurance, entered a mutual marketing package with Contemporary Information Corporation (CIC), the nation's leading tenant screening service.


Latest News

Internet firm Baidu Inc intends to make more acquisitions this year to get more smartphone users in the world's largest smartphone market to patronize its services, Reuters reported.
Helsinki, Finalnd-based chemical industry group Kemira announced that it will acquire the alkyl ketene dimer (AKD) emulsion unit of Ludwigshafen, Germany-based chemical giant for an undisclosed sum.
Melbourne, Australia-based web hosting provider Melbourne IT added Sydney-based web domain registry and web hosting firm NetRegistry in a deal valued at $50.4 million to combine two of the biggest web service businesses in the country.
Tembusu Terminals Pte has set up the first Bitcoin ATM in Singapore just days after Japan-based Bitcoin exchange Mt. Gox went offline because of possible theft, Bloomberg reported.
Dublin, Ireland-based public investment holding company TVC Holdings offloaded 7.6 million shares in Northern Ireland-based media broadcaster UTV in a deal valued at €22.1 million, reducing its stake from 18% to 10.05%.
Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.
Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
Paris, France-based event planning mobile app WePopp paired up with San Francisco, US-based restaurant booking app OpenTable to integrate restaurant booking service into the steps required to plan for a given event.
If you want to get a Samsung gadget, head to best buy. Nearly every Best Buy store has a space for Samsung products in its store-within-a-store concept, TechCrunch reported.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
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