FINANCIAL NEWS

Executives debate: Is bitcoin ‘the next kale’?

AMERICAN BANKER - 2 min 29 sec ago
Michael Lewis calls it a ‘pump-and-dump’ scheme. Liz Ann Sonders says it's 'the next kale.' Should clients invest in cryptocurrencies?
Categories: FINANCIAL NEWS

Keystone pipeline leak won't affect Nebraska ruling

AP Business - 17 min 24 sec ago
LINCOLN, Neb. (AP) -- Discovery of a 210,000-gallon oil spill from the Keystone pipeline that critics say demonstrates the risks of energy transport to the environment will not affect Nebraska regulators' decision next week on a massive expansion of the system because they are not allowed to consider pipeline safety, a state official said Friday....
Categories: FINANCIAL NEWS

Why Cleveland Fed should retract its online lending study

AMERICAN BANKER - 48 min 29 sec ago
The report’s authors presented findings that seemed to reflect issues with the peer-to-peer lending industry, but they actually relied on data from a much broader category of loans.
Categories: FINANCIAL NEWS

Murdoch talks with Comcast and Verizon spur deal frenzy

FINANCIAL TIMES - 1 hour 19 min ago
Parts of 21st Century Fox could be sold as mogul considers breaking up his empire
Categories: FINANCIAL NEWS

UN panel agrees to move ahead with debate on 'killer robots'

AP Business - 1 hour 29 min ago
GENEVA (AP) -- A U.N. panel agreed Friday to move ahead with talks to define and possibly set limits on weapons that can kill without human involvement, as human rights groups said governments are moving too slowly to keep up with advances in artificial intelligence that could put computers in control one day....
Categories: FINANCIAL NEWS

Director of Puerto Rico power company resigns

AP Business - 1 hour 44 min ago
SAN JUAN, Puerto Rico (AP) -- The director of Puerto Rico's power company resigned on Friday amid ongoing blackouts and scrutiny of a contract awarded to a small Montana-based company to help rebuild the electric grid destroyed by Hurricane Maria....
Categories: FINANCIAL NEWS

Director of Puerto Rico power company resigns

AP Business - 1 hour 58 min ago
SAN JUAN, Puerto Rico (AP) -- The director of Puerto Rico's power company has resigned amid ongoing blackouts and scrutiny of a contract awarded to a small Montana-based company to help rebuild the electric grid destroyed by Hurricane Maria....
Categories: FINANCIAL NEWS

Empowering women in the economy would boost growth, Citi says

AMERICAN BANKER - 1 hour 58 min ago
Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc.
Categories: FINANCIAL NEWS

Climate change talks proceed despite fears over Trump

FINANCIAL TIMES - 1 hour 59 min ago
Bonn conference makes progress on technical issues left unresolved in Paris deal
Categories: FINANCIAL NEWS

Georgia's Own aims to be first credit union in its state to buy a bank

AMERICAN BANKER - 2 hours 1 min ago
The credit union has agreed to buy State Bank of Georgia in Fayetteville.
Categories: FINANCIAL NEWS

Treasury details overhaul of nonbank SIFI supervision process

AMERICAN BANKER - 2 hours 22 min ago
The Treasury Department outlined its vision Friday for how and when federal agencies should use their powers to subject nonbanks to enhanced regulatory scrutiny, emphasizing activities over individual firms.
Categories: FINANCIAL NEWS

After Bonn: where next for the global climate caravan?

AP Business - 2 hours 28 min ago
BONN, Germany (AP) -- As negotiations at the global climate conference in Bonn, Germany, draw to a close Friday, here's a look at which steps will be taken in the coming years to further international efforts to curb global warming:...
Categories: FINANCIAL NEWS

Sen. Hatch to Dems saying tax cuts are for rich: 'Bull crap'

AP Business - 2 hours 43 min ago
WASHINGTON (AP) -- A debate between two senators over whether Republican tax cuts are aimed at helping the rich escalated into raised voices, interruptions, a banging gavel and the use of a decidedly un-senatorial noun....
Categories: FINANCIAL NEWS

UK agency investigates mid-air collision with casualties

AP Business - 3 hours 11 min ago
LONDON (AP) -- An aircraft and helicopter collided in mid-air Friday northwest of London and a "number of casualties" were reported, authorities said....
Categories: FINANCIAL NEWS

Derided by critics, trickle-down economics gets another try

AP Business - 3 hours 13 min ago
WASHINGTON (AP) -- Does money roll downhill?...
Categories: FINANCIAL NEWS

Saudi investors check out after hotel turned into luxury prison

FINANCIAL TIMES - 3 hours 19 min ago
Mood of optimism swings to concern in wake of corruption purge
Categories: FINANCIAL NEWS

Jobless rates fell in 11 US states, hit record lows in 2

AP Business - 3 hours 23 min ago
WASHINGTON (AP) -- Unemployment rates fell to record lows in Idaho and Tennessee in September, and dropped in 9 other states....
Categories: FINANCIAL NEWS

Shares of online styling service Stitch Fix rise in debut

AP Business - 3 hours 36 min ago
NEW YORK (AP) -- Shares of Stitch Fix, an online clothing styling service, jumped 14 percent in their stock market debut after the company raised $120 million in an initial public offering....
Categories: FINANCIAL NEWS

Time running out on banks' push to preserve popular tax credit

AMERICAN BANKER - 3 hours 48 min ago
The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and low-income communities won’t be funded.
Categories: FINANCIAL NEWS

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