Shyftr Shyftr

Sunday, September 21, 2014

Wall Street Journal

G-20 Plans to Raise Growth by 2%

Yesterday
The Group of 20 industrial and developing nations on Saturday agreed to raise global growth by 2% in the next five years via a wide-reaching package of structural measures.

Energy Future Opens Oncor Bidding

Yesterday
Energy Future Holdings opened the bidding to the firm's rights to Oncor, a Texas transmission business, after filing proposed rules Friday with the U.S. Bankruptcy Court overseeing its Chapter 11 case.

Alibaba Debut Makes a Splash

Yesterday
Alibaba shares surged 38% to $93.89 in their market debut, making the Chinese e-commerce giant one of the most valuable companies in the U.S.

Once Again, Oracle Must Reinvent Itself

2 days ago
Oracle's Larry Ellison was a master of corporate reinvention. But today the database powerhouse he built faces challenges, and his departure as CEO intensifies the central issue surrounding the company's future: Can Oracle endure tectonic shifts that are reshaping its market?

Fed Rate-Hike Tool Stirs Some Concern

2 days ago
Federal Reserve Chairwoman Janet Yellen spent months devising a strategy for managing short-term interest rates. Two days after the plan's release, some market participants warn the new approach may have flaws.

Goldman Sachs Defends Actions on Libya Fund

2 days ago
Goldman defended its actions in seeking business from Libya's wealth fund during the Gadhafi regime, arguing that the fund's managers weren't 'financially illiterate.'

Judge Permits Hedge-Fund Manager to Seek Lawyer's Disqualification

2 days ago
A federal judge in New York said Thursday he will hold a hearing next month on whether lawyer John Moscow should be disqualified from defending companies involved in a Russian tax fraud case.

Hertz to Pay Ex-CEO Frissora $10.5 Million Cash

2 days ago
Hertz Global Holdings said it will pay former Chief Executive Mark Frissora about $10.5 million in cash, a majority of his bonus for 2014 and other equity-related compensation as part of a separation agreement.

Judge Tells GM to Open Defect Files

2 days ago
Hundreds of car owners suing General Motors over an ignition-switch flaw got a boost on Friday when a New York judge ordered the auto maker to turn over internal documents about its handling of the defect to plaintiffs' attorneys.

ITT Under Scrutiny from Two U.S. Federal Agencies

2 days ago
Troubles in the nation's for-profit college industry accelerated on Friday as ITT Educational Services Inc. disclosed that two federal agencies have placed the struggling education company in their cross hairs.

Citigroup Shortlists Buyers for Japan Retail Unit

2 days ago
Citigroup has shortlisted several Japanese firms, including the country's second biggest lender, Sumitomo Mitsui Financial Group Inc., as buyers for its retail bank in the country, according to people with knowledge of the matter.

Cocoa Surges on Ebola Fears

2 days ago
Prices for the key chocolate ingredient have surged by over 6% this week amid fears the deadly Ebola virus spreading through West Africa could disrupt the region's supply of cocoa.

Siemens Prepares Bid for Dresser-Rand

2 days ago
iemens AG is preparing a multibillion-dollar offer for U.S. energy firm Dresser-Rand, according to sources, likely edging out an earlier offer from Swiss rival Sulzer AG.

U.S. Stock Futures Up After Scottish Vote

2 days ago
U.S. stock futures rose Friday, lifted with European shares after Scotland voted to remain part of the U.K. Investors also looked ahead to public trading of Alibaba Group Holding Ltd.

GM to Build New Cadillac

2 days ago
General Motors plans to build a new rear-wheel drive Cadillac at its Detroit-Hamtramck assembly plant, with production expected to begin late next year.

Older »