Wall Street scores a win in Washington, eyes more victories

Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.


U.S. Senate aims to vote Monday on $1.1 trillion spending bill

The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.

Iran hackers may target U.S. energy, defense firms, FBI warns

The Federal Bureau of Investigation has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential agency document.

Oil sinks below $63 to lowest in over five-years on glut, weak demand

Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and a sluggish demand outlook.


Latest News

China's economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil stronger stimulus measures.
The Pentagon on Thursday said Italy and Turkey would provide initial heavy maintenance of Lockheed Martin Corp's new F-35 fighter jet and its engine in Europe from 2018, paving the way for billions of dollars in work by companies there.
Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.
Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy.
A February 2014 cyber attack against casino operator Las Vegas Sands Corp crippled thousands of servers across the company’s network by wiping them with highly destructive malware, Bloomberg Businessweek reported on Thursday.
U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline.
Europe's antitrust chief will meet Google's critics in the coming weeks in an effort to resolve issues in a four-year investigation which has stirred up politicians and lawmakers on both sides of the Atlantic.
After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.
Planemaker Airbus (AIR.PA) is working on four campaigns to sell more of its A380 super jumbo, its sales chief said on Thursday.
Aston Martin is preparing to raise funds to expand its range of models into new areas including crossover SUVs, two sources with knowledge of the matter said, as the loss-making sports car maker steps up its turnaround efforts under a new boss.