Jack Lew, US Treasury Secretary, confirmed that Chinese regulators will be handing over documents about US listed companies based in China; a move that may dissolve disagreement about several accounting scandals.
North America
ClubCorp Holdings Inc. plans US$100-million IPO
ClubCorp Holdings Inc. filed for a US$100-million IPO. ClubCorp Holdings Inc. filed for an initial public offering. According to a Securities and Exchange Commission filing dated July 12, ClubCorp Holdings aimed to raise up to US$100 million.
Biden appeals for US-China trust
US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.
LA Lakers amnesty Metta World Peace
Metta World Peace was released by the Los Angeles Lakers via the amnesty clause. "I don't really want to play for anybody," said Metta World Peace in an interview with ESPN Los Angeles.
House approves contentious farm bill less food stamps provision
The House of Representatives approves the contentious farm bill defying a veto threat from the White House.
Latest News
Neptune increased its stake in Acasti Pharma Inc. Neptune Technologies & Bioressources Inc. announced Friday its acquisition of 6,750,000 Class A common shares from Acasti Pharma Inc.
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.
Calpers, a US $259 billion fund, delays the launching of its database that would make known information about their pensioners.
The Financial Stability Oversight Council designated American International Group and GE Capital as systemically important to the financial system.
Fund manager John Paulson lost 65% worth of its gold fund this year after the portfolio fell by 23% last June.
US venture firm fundraising activity decreased 54% in the second quarter this year. There was a decline of 54% in fundraising by US venture-capital firms in the second quarter.
Leaps's average 1,320 contracts per day climbed to 7,139 contracts which raised questions from options analytics.
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
