california

Bitcoin has a governance problem, no matter who created it

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 …

Original post: 
Bitcoin has a governance problem, no matter who created it

california

Exclusive: Apple’s Tim Cook to visit China for government meetings – source

Apple Inc Chief Executive Tim Cook plans to visit Beijing later this month to meet high-level government officials, at a time when it is facing some setbacks in its most important overseas market, a source familiar with the matter said. Cook has frequently traveled to China since taking the helm of Apple five…

Read the original here: 
Exclusive: Apple’s Tim Cook to visit China for government meetings – source

california

Sumner Redstone trial should be open to public: tentative ruling

By Lisa Richwine LOS ANGELES (Reuters) – The trial over media mogul Sumner Redstone's healthcare directive should be open to the public, a California judge said in a tentative ruling …

See the original post here: 
Sumner Redstone trial should be open to public: tentative ruling

california

Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection on Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable. In its bankruptcy filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion

Original post: 
Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

california

VW forges U.S. deal arising from diesel emissions scandal

By Alexandria Sage and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) – Volkswagen AG, driving to move beyond a scandal that has disrupted its global business and sullied its reputation, announced a sweeping…

See original here:
VW forges U.S. deal arising from diesel emissions scandal

california

Costco plans chicken plant in Nebraska: local council

The facility, if built in Nebraska's Dodge County, would create 1,100 jobs, work with local chicken farmers and invest $180 million in the region, the Greater Fremont Development Council said in a release dated April 14. Costco, the third-largest U.S. retailer, could not immediately be reached for comment.

Read more: 
Costco plans chicken plant in Nebraska: local council

california

Asian shares fall, while Japan’s gain as brakes applied to strong yen

SINGAPORE/TOKYO (Reuters) – Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. While that led to a slight retreat in the yen from a 17-month high against the dollar, the Japanese currency is

The rest is here:
Asian shares fall, while Japan’s gain as brakes applied to strong yen

california

Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …

Go here to see the original:
Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

california

U.S. weakens retirement advice rule, responding to industry

By Suzanne Barlyn and Lisa Lambert WASHINGTON (Reuters) – A new U.S. rule aimed at protecting retirement savers from profit-hungry brokers turned out to be much weaker than an initial proposal after the Obama administration bowed to pressure from the financial services industry. The rule, announced by the Department of Labor on Wednesday, sets a so-called fiduciary standard for financial brokers who sell retirement products, requiring them to put clients' best interests ahead of their bottom line. The language is tougher than an existing rule that …

View original post here: 
U.S. weakens retirement advice rule, responding to industry

california

Credit Suisse to pay $29 million in U.S. regulator’s mortgage case

Credit Suisse Group AG has agreed to pay more than $29 million to resolve a U.S. regulator's claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to court papers filed on Thursday. The deal, disclosed in a filing in federal court in Manhattan, …

Original post: 
Credit Suisse to pay $29 million in U.S. regulator’s mortgage case

« Previous Page — Next Page »