Shyftr Shyftr

Friday, October 31, 2014

Wall Street Journal

Banks Face New Funding Rule

48 minutes ago
Banks will have to hold enough cash, or assets that can reliably be converted into cash, to cover their expected outflows on a one-year horizon, global banking regulators said.

RBS Joins Banks Bracing for Forex Penalties

52 minutes ago
Royal Bank of Scotland said it set aside $640 million to cover potential fines for the alleged manipulation of foreign-exchange rates, as the British bank swung to a third-quarter net profit.

Miner BHP Spurns Bigger Is Better

53 minutes ago
BHP Billiton is the world’s largest mining company by market value with operations in 25 countries. So what’s one of the first things its chief executive advised his board when he joined: break it up.

FCC Broadband Plan: No One Loves It

1 hour 37 minutes ago
An emerging FCC plan to give the agency more authority to regulate traffic on broadband Internet networks is shaping up as the classic Washington compromise. No one loves the idea, and everyone is sure it will wind up in court.

Mexico Plans Broadband Overhaul

2 hours 17 minutes ago
Mexico’s planned construction of a $10 billion broadband network, with more than 20,000 antennas, could provide an alternative to Mexico’s dominant carrier, Telcel, which is owned by billionaire Carlos Slim.

Dow, S&P 500 Set Records

2 hours 50 minutes ago
The Dow and S&P 500 closed at record highs, joining a rally in Asian and European shares, spurred by the Bank of Japan’s decision to unexpectedly expand its stimulus measures.

Investors Rethink American Realty-Linked REITs

3 hours 46 minutes ago
Some brokers and shareholders are pulling back from unlisted real-estate trusts connected with American Realty Capital and Nicholas Schorsch after the firm disclosed accounting irregularities.

Morgan Stanley Elects Miscik to Board

3 hours 59 minutes ago
Morgan Stanley has named a former Central Intelligence Agency executive to its board, replacing retiring, longtime board member Griff Sexton.

AIG Agrees to $35 Million Fine to Settle with New York

4 hours 33 minutes ago
AIG agreed to a $35 million fine to settle with New York’s top financial regulator over allegations an international business it has since sold had marketed insurance in the state to multinational companies without proper licensing.

Jefferies Says Executives Took, Passed Drug Tests

4 hours 41 minutes ago
Jefferies said its top executives and health-care investment bankers took and passed drug tests, as the firm stepped up its response to a firestorm created by a senior banker’s divorce proceedings.

Wages Show Signs of Pickup, Just as Consumers Hiccup

4 hours 48 minutes ago
Workers are starting to see a little spring in their paychecks and benefits, just as consumer spending fell unexpectedly in September.

Caterpillar Calls Its Accounting on Bucyrus Deal 'Appropriate'

7 hours 8 minutes ago
A Caterpillar Inc. spokeswoman said Friday the company believes its accounting treatment of the 2011 acquisition of Bucyrus International Inc. was “appropriate.”

Nissan Recall Adds to Takata Woes

8 hours 37 minutes ago
U.S. car-safety regulators disclosed a new air bag recall for a problem unrelated to an earlier recall affecting 7.8 million older vehicles, raising questions about the breadth of the problem of air bags that can explode with too much force.

J.P. Morgan Found Hackers After Finding Breach of Race Website

10 hours 1 minute ago
J.P. Morgan Chase & Co. may not have discovered the breach in its computer systems as quickly this past summer if it hadn’t gone looking for trouble elsewhere, people briefed on the investigation said.

FCC Plans More Power Over Broadband

10 hours 50 minutes ago
The head of the FCC is laying the groundwork for expanding the agency’s authority over broadband providers, but would still allow them to cut deals with content companies for special access.

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