Shyftr Shyftr

Sunday, March 1, 2015

Wall Street Journal

Ports Get Creative as Cargo Piles Up

2 hours 27 minutes ago
Southern California ports are thinking about ways they can speed things up after a labor dispute contributed to near gridlock in their operations. Cargomatic, a sort of Uber for cargo, is one solution.

Shanghai, Hong Kong Shares Boosted by China Rate Cut

2 hours 45 minutes ago
An earlier-than-expected rate cut by China boosted stocks in Hong Kong and Shanghai, ahead of an annual gathering in Beijing where the government is expected to set a lower growth target for the year.

China's Manufacturing Gauge Strengthens

2 hours 50 minutes ago
A gauge of China’s factory activity improved in February, reflecting stronger output and domestic demand but the outlook for exports remained dim.

Amgen Sees Positive Results From Kyprolis Study

3 hours 35 minutes ago
Amgen took a step forward in its efforts to make its Kyprolis cancer therapy a standard treatment for many multiple myeloma patients, saying the drug performed better than older rival Velcade in a study.

Buffett's Successor: A Jain and Abel Story

3 hours 35 minutes ago
Ajit Jain, who runs Berkshire Hathaway’s reinsurance business, and Greg Abel, who runs the conglomerate’s energy business, have emerged as favorites to succeed Warren Buffett as CEO.

FCC Tests Its Authority Over States

3 hours 41 minutes ago
The federal communications agency is using a new argument to override state laws limiting cities’ ability to run their own Internet service.

Actavis Readies Big Bond Deal

3 hours 48 minutes ago
Pharmaceutical company Actavis PLC is expected to sell more than $20 billion in bonds as early as this week, a deal that would rank as the second-largest corporate bond ever and further propel bond sales this year into record territory.

Chile Seeks to Reassure Miners on Water

4 hours 57 minutes ago
The Chilean government has no intention of forcing miners to run their mines using a desalinated water supply, the country’s minister of mining said.

Institutions Pour Cash Into Bond ETFs

5 hours 44 minutes ago
Abreast of the Market: Institutions are piling into exchange-traded bond funds at the fastest pace on record, driven by forces reshaping the increasingly illiquid corporate-debt market and their desire to stay nimble ahead of expected rate moves.

Santander U.S. Unit to Name Powell CEO

6 hours 47 minutes ago
Santander Holdings USA is expected to announce as soon as Monday that Scott Powell, a former head of J.P. Morgan Chase’s consumer-banking operations, will become its new CEO.

BIT Poised to Become Publicly Traded Bitcoin Fund

6 hours 52 minutes ago
Bitcoin Investment Trust is poised to become the first publicly traded bitcoin fund, with approval by the financial industry’s main self-regulatory body paving the way for trading on an electronic platform.

NXP in Talks to Combine With Freescale

7 hours 19 minutes ago
NXP Semiconductors is in advanced talks to combine with Freescale Semiconductor Ltd. in a deal that would create a semiconductor giant with a combined market value of more than $32 billion.

China Rate Cut Renews Economic Concerns

7 hours 49 minutes ago
The central bank’s surprise rate cut shaves a quarter of a percentage point off benchmark lending and deposit rates, and came less than four months after the last reduction—sooner than many expected.

Austria to Wind Down Heta Asset Resolution

9 hours 11 minutes ago
The Austrian bank regulator has decided to wind down Heta Asset Resolution, the entity tasked with winding down the assets of the nationalized bank Hypo Alpe-Adria-International.

Orange Considers Potential Tie-Up With Telecom Italia

11 hours 59 minutes ago
France’s Orange is considering launching a bid to tie-up with Telecom Italia in a sign that European telecommunications companies are continuing to push forward a wave of consolidation across the region.

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