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The ‘what if’ spooking markets: policy success

August 3, 2016 by · Leave a Comment 

Perhaps the biggest shock to world markets now would be if central banks met their inflation goals. After nearly 10 years of near zero or even negative interest rates and trillions of dollars in new

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The ‘what if’ spooking markets: policy success

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Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

August 3, 2016 by · Leave a Comment 

Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. Zane Tackett, Director of Community & Product Development for Bitfinex, told Reuters on Wednesday that 119,756 bitcoin had been stolen from users' accounts and that the exchange had not yet decided how to address customer losses.

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Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

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Cigna says Anthem deal could close in 2017; Anthem sticks to 2016

May 6, 2016 by · Leave a Comment 

Health insurer Cigna Corp , which announced plans to be bought by larger Anthem Inc 10 months ago, on Friday said the deal may close in 2017 rather than 2016 due to the complexity of the regulatory process, according to a filing with the Securities and Exchange Commission. The U.S. Department of Justice is currently reviewing the Cigna-Anthem deal, which would create the …

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Cigna says Anthem deal could close in 2017; Anthem sticks to 2016

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Bitcoin has a governance problem, no matter who created it

May 6, 2016 by · Leave a Comment 

The latest bickering erupted after Australian entrepreneur Craig Wright promised to prove he was the mysterious creator of bitcoin – which allows users to move money across the world quickly and anonymously – but then said on Thursday he could not provide further evidence to back this up. Wright stopped short of reneging on his claim to be Satoshi Nakamoto, assumed to be a pseudonym for the person or people who launched the digital cryptocurrency in 2009. Many …

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Bitcoin has a governance problem, no matter who created it

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Special Report: The final days and deals of Aubrey McClendon

March 12, 2016 by · Leave a Comment 

By John Shiffman, Brian Grow and Michael Flaherty OKLAHOMA CITY (Reuters) – The night before Aubrey McClendon died, the oil-and-gas pioneer was expected at a private dinner here with potential business partners. U.S. prosecutors had just announced McClendon’s indictment for allegedly conspiring with a competitor to suppress land prices by rigging bids while leading his former company, Chesapeake

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Special Report: The final days and deals of Aubrey McClendon