North America

FINRA studying 'errors and omissions' insurance

FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.


Susan Bennett explains why Siri gets ill-tempered at times

Susan Bennett explained the reason why Siri would get snippy at times. Susan Bennett, the woman who claimed to be the voice of the American Siri in Apple Inc's assistant app, told CNN she recorded nonsensical phrases and sentences for ubergeeks, as she called them, in July 2005.

GM Nova Scotia's noteholders hit the jackpot

The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.

Banks warn Obama of impending state debt defaults if government shutdown persists

Chief executives of major banks and President Barack Obama on October 2 had met and discussed financial repercussions of the government shutdown.


Latest News

Judge Colleen Kollar-Kotelly had turned down the US Department of Justice's request to delay the hearing of the case against AMR Corp and US Airways Group Inc regarding the airlines' planned merger.
US Energy Information Administration Analyst Mike Conner said the agency still had funds to operate until October 11.
Activist billionaire investor Carl Icahn said on CNBC his company had placed a USD2 billion investment on shares of Apple Inc.
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
The commercial mortgage backed securities, especially after the IPO deal, connected to JCPenney have affected the market as a whole.
Billionaire activist Carl Icahn had withdrawn his campaign to block the leveraged buyout offer of Dell-Silver Lake.
News about a dinner meeting of billionaire activist investor Carl Icahn and Apple Inc chief executive Tim Cook prompted the tech giant's shares to increase by 2%.
The budget deadlock in the US and the political crisis in Italy could test the growth of the global economy.
Representative John Boehner was compared to a tantrum-throwing baby in a television commercial set to go live on Sunday night football.
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
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