JP Morgan and CFTC reach settlement accord

To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.


Fitch may downgrade US rating due to political brinkmanship

Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.

Insider trading jury of Mark Cuban to deliberate on case

Jury deliberations on the insider trading case against Mark Cuban started Wednesday. The jury had begun deliberations for the insider trading case of NBA Dallas Mavericks owner Mark Cuban.

Twitter chooses NYSE

In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.


Latest News

KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.
A second project between Dow and ERB has been agreed upon where the power plant would utilize sugar cane residue as fuel for electrical power.
A number of prominent institutional investors and proxy advisory firms have supported a resolution calling for a split of CEO-Chairman duties at 21st Century Fox.
Neil Woodford leaves Invesco after 25 years of service for a still unannounced firm of his own. The overseer of the largest equity fund in the United Kingdom, Neil Woodford, had announced his departure from Invesco Perpetual after 25 years of service to manage his very own firm.
ICIG purchases Clariant AG unit focused on detergent and other intermediate chemicals. The plan of Clariant CEO Hariolf Kottmann of focusing the Swiss company to high yield markets would be one step closer to realization.
The plan is to raise funds from a share sale of Huaneng Renewables Corp. Wind farm operator from China, Huaneng Renewables Corp, is planning to raise HKD1.
A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.
SundaySky, a smart video ad company, raised USD20 million in its Series C financing round led by Comcast Ventures.
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
Three NYSE Euronext executives, including Chief Financial Officer Michael Geltzeiler, would be leaving the exchange after the conclusion of its sale to IntercontinentalExchange Inc (ICE).