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U.S. economic activity expanded, but conditions mixed: Fed
March 3, 2016 by elegant · Leave a Comment
U.S. economic activity continued to expand in most districts from early January to late February but conditions varied considerably across regions and within sectors, the Federal Reserve said on Wednesday. The decidedly mixed picture illustrates the headache Fed policymakers face when they next meet to decide the path of interest rates on March 15-16. Consumer spending increased in
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U.S. economic activity expanded, but conditions mixed: Fed
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Pressure builds against short sellers targeting Tesla
March 3, 2016 by creative · Leave a Comment
Potential losses are building against traders who have bet against Tesla Motors Inc . The electric car manufacturer's stock has surged about 25 percent since it posted upbeat quarterly results in early February. At the same time, activity by short sellers – who bet that a company's shares will fall – has hit an all-time high, and the interest rate paid by short sellers has skyrocketed.
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Pressure builds against short sellers targeting Tesla
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Privacy groups urge U.S. judge to support Apple in iPhone case
March 3, 2016 by admin · Leave a Comment
(Reuters) – Digital privacy advocates have called on a U.S. federal judge to approve Apple Inc's request not to be compelled to build software to help the FBI unlock an iPhone used by one of the shooters in the …
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Privacy groups urge U.S. judge to support Apple in iPhone case
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Asia shares scale 7-week peak, commodities on the mend
March 3, 2016 by creative · Leave a Comment
Asian shares were bound for a third straight session of gains on Thursday as upbeat data on U.S. jobs and a rally in a range of commodities whetted risk appetites globally. MSCI's broadest index of Asia-Pacific shares outside Japan added another 0.9 percent to reach a seven-week top, having surged 2.6 percent on Wednesday. Japan's Nikkei
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Asia shares scale 7-week peak, commodities on the mend
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Energy pioneer McClendon dies in fiery car crash, a day after indictment
March 3, 2016 by creative · Leave a Comment
Former Chesapeake Energy Chief Executive Aubrey McClendon, a brash risk-taker who helped transform the U.S. energy industry with shale gas, died when his car slammed into an overpass on Wednesday, one day after being charged with breaking federal antitrust laws, police …
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Energy pioneer McClendon dies in fiery car crash, a day after indictment