Shyftr Shyftr

Tuesday, August 4, 2015

Business

Pimco says SEC is probing valuation of securities bought by total return fund in 2012

Yesterday - Fox Business
Investment giant Pimco says the Securities and Exchange Commission is looking into its total-return fund

Report: U.S. Dept of Justice initiates criminal probe against Deutsche Bank

Yesterday - Fox Business
The United States Department of Justice is investigating trades worth billions of dollars that Germany's Deutsche Bank AG made on behalf of its Russian clients, Bloomberg reported, citing people familiar with the matter

F.A.Q. About Puerto Rico’s Debt Troubles

Yesterday - New York Times Business
Puerto Rico, like Greece, is experiencing problems with debt, but the island’s relationship to the United States makes its situation very different by MICHAEL CORKERY

New owner, known for rapid growth, is in no hurry to make changes at Rocky Gap casino

Yesterday - Fox Business
The new owner of the Rocky Gap Casino Resort in western Maryland is in no hurry to make changes

Obama's sweeping new power plant rules spark a 2016 campaign fight over climate change

Yesterday - Fox Business
President Barack Obama's sweeping new power plant regulations are thrusting the divisive debate over climate change into the race for the White House, with candidates in both parties seeing an opportunity to capitalize

Judge says operator of ND vegetable plant must serve prison time for hiring illegal workers

Yesterday - Fox Business
The owner of a North Dakota vegetable processing plant who was convicted of recruiting and hiring illegal workers must serve time in custody despite a joint sentencing recommendation calling for no prison time, a judge said Monday

Allstate Profit Falls 47% as Claims Rise

Yesterday - Fox Business
Home and auto insurer Allstate Corp reported a 47 percent fall in quarterly profit as the company paid out more in claims

China Seeks Businessman Said to Have Fled to U.S., Further Straining Ties

Yesterday - New York Times Business
Should he seek political asylum, Ling Wancheng, the brother of a former top Chinese government official, could be one of the most damaging defectors in China’s history by MICHAEL FORSYTHE and MARK MAZZETTI

Kraft Recalls Some Cheese Products Over Choking Concerns

Yesterday - New York Times Business
The company said it had received 10 consumer complaints about plastic wrappings, including three reports of choking by CHRISTINE HAUSER

White Collar Watch: The Challenges of Fighting Money Laundering

Yesterday - New York Times Business
Criminals are always seeking ways to hide their profits, and recent cases highlight the difficulty of keeping up with their latest tactics by PETER J. HENNING

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