latest
U.S. jobless claims fall unexpectedly in latest week
January 19, 2017 by publisher · Leave a Comment
The number of Americans filing initial claims for unemployment benefits fell unexpectedly last week back to near the lowest levels in decades. Initial claims for state unemployment benefits declined by 15,000 to a seasonally adjusted 234,000 for the week ended Jan. 14, the Labor Department said on Thursday. Economists polled
Read more:
U.S. jobless claims fall unexpectedly in latest week
latest
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua
January 1, 2017 by admin · Leave a Comment
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440) compensation for copying parts of their hit movies “Cars” and “Cars 2”, the official Xinhua news agency reported on Saturday. The ruling is the latest in a slew of intellectual property wins for large foreign firms, who have complained about widespread copyright infringement in China. Disney and Pixar took the Chinese firms to court saying the characters, titles and posters from local animation “The Autobots” were substantially similar…
Original post:
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua
latest
Lights out for Credit Suisse’s ‘Light Pool’ stock trading venue
December 13, 2016 by publisher · Leave a Comment
Credit Suisse is the latest bank to shutter one of its private U.S. stock trading venues, as increasing regulatory scrutiny makes it harder to justify the costs of running such trading systems. Credit Suisse on Tuesday confirmed through a spokeswoman that it had shuttered its alternative trading system known as Light Pool on Nov. 18 after a strategic review of its algorithmic trading offerings. Credit Suisse also runs Crossfinder, the No. 2 U.S. alternative trading system and has no plans to
See the original post:
Lights out for Credit Suisse’s ‘Light Pool’ stock trading venue
latest
Foreign banks shaken by Malaysia’s move to halt currency slide
November 17, 2016 by creative · Leave a Comment
By Saikat Chatterjee and Praveen Menon HONG KONG/KUALA LUMPUR (Reuters) – Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank's clamp-down…
Read the original:
Foreign banks shaken by Malaysia’s move to halt currency slide
latest
Uber says Taiwan’s steps against it hurting citizens
November 17, 2016 by publisher · Leave a Comment
By J.R. Wu TAIPEI (Reuters) – Uber Technologies Inc [UBER.UL] urged Taiwan President Tsai Ing-wen to let the island's people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailing service company. Uber's comments were made in…
Read more from the original source:
Uber says Taiwan’s steps against it hurting citizens
latest
Zuckerberg initiative poaches AstraZeneca board member
September 28, 2016 by publisher · Leave a Comment
The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the Chan Zuckerberg Initiative. Leif Johansson, AstraZeneca&#…
View original post here:
Zuckerberg initiative poaches AstraZeneca board member
latest
South Korea to widen Takata air bag recall by 110,000 vehicles
September 28, 2016 by creative · Leave a Comment
South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new round of recall of Takata's air bag inflators which have been linked to at least 14 deaths and more than 100 injuries and triggered the largest-ever auto recall. South Korea's transport ministry said a total of 221,870 vehicles
Read more here:
South Korea to widen Takata air bag recall by 110,000 vehicles
latest
Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger
August 31, 2016 by elegant · Leave a Comment
Alere claims in its complaint that Abbott has avoided responding to a second request by the Federal Trade Commission in a bout of “buyer's remorse” spurred by a desire to free up capital for Abbott's …
Read the original here:
Alere lawsuit accuses Abbott of ‘buyer’s remorse’ in proposed merger
latest
U.S. private payrolls rise solidly; pending home sales jump
August 31, 2016 by publisher · Leave a Comment
U.S. private employers maintained a steady pace of hiring in August and contracts to buy previously owned homes surged in July, suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise interest rates this year. Other data on Wednesday …
Go here to read the rest:
U.S. private payrolls rise solidly; pending home sales jump
latest
Irish cabinet delays decision on Apple tax appeal
August 31, 2016 by elegant · Leave a Comment
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – Ireland's cabinet could not agree on Wednesday whether to fight a European Commission ruling against Dublin's tax dealings with Apple , raising questions over any appeal and the government's stability. Finance Minister Michael Noonan has …
More here:
Irish cabinet delays decision on Apple tax appeal