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2m
Channel NewsAsia
Morgan Stanley to pay US$3.2 billion to settle financial crisis-era chargesWASHINGTON: Morgan Stanley is poised to pay US$3.2 billion to settle federal an
Morgan Stanley to pay US$3.2 billion to settle financial crisis-era charges
Channel NewsAsia / Posted 2 minutes ago
WASHINGTON: Morgan Stanley is poised to pay US$3.2 billion to settle federal and state charges that it misled investors in residential mortgage-backed securities that later soured during the financial crisis, the New York Attorney General's office... Read more
2m
Channel NewsAsia
IMF nominates Lagarde to second term leading agencyWASHINGTON: International Monetary Fund chief Christine Lagarde has been nomina
IMF nominates Lagarde to second term leading agency
Channel NewsAsia / Posted 2 minutes ago
WASHINGTON: International Monetary Fund chief Christine Lagarde has been nominated to second term as the agency's managing director, the IMF said in a statement on Thursday. Largarde, the first woman to lead the IMF, took the helm as its 11th... Read more
2m
Channel NewsAsia
Wall St. tumbles at open on global growth worriesREUTERS: Wall Street sank at the open on Thursday as doubts regarding the healt
Wall St. tumbles at open on global growth worries
Channel NewsAsia / Posted 2 minutes ago
REUTERS: Wall Street sank at the open on Thursday as doubts regarding the health of the global economy saw investors fleeing to safe haven assets. The Dow Jones industrial average was down 139.16 points, or 0.87 percent, at 15,775.58 The S&P 500... Read more
2m
Channel NewsAsia
Indonesia opens up 20 sectors to foreign investorsJAKARTA: Indonesia has opened up 20 sectors that were previously closed off for
Indonesia opens up 20 sectors to foreign investors
Channel NewsAsia / Posted 2 minutes ago
JAKARTA: Indonesia has opened up 20 sectors that were previously closed off for foreign investors on the country's negative investment list. Among the sectors that now allow 100 per cent foreign ownership are warehousing and cold storage... Read more
3m
Boston Globe
State senator wants to raise jaywalking’s dollar fineJaywalkers in the state may soon have more to worry about than their own person
State senator wants to raise jaywalking’s dollar fine
Boston Globe / Posted 3 minutes ago
Jaywalkers in the state may soon have more to worry about than their own personal safety. A new bill by state Senate majority leader Harriette Chandler would increase the fines for illegally stepping off the curb, according to The Boston... Read more
3m
Business Spectator
US crude price tumbles near 13-yr lowUS crude tumbled to near its lowest level since late 2003 on Thursday, dragged
US crude price tumbles near 13-yr low
Business Spectator / Posted 3 minutes ago
US crude tumbled to near its lowest level since late 2003 on Thursday, dragged down by continuing worries about the global oversupply of crude and falls in the wider financial markets. Brent crude, the global oil benchmark, dropped 1.6 per cent to... Read more
3m
Boston Globe
2 Boston power plants up for sale, likely to become housingTwo different local power plants, one in downtown Boston and another in Southie
2 Boston power plants up for sale, likely to become housing
Boston Globe / Posted 3 minutes ago
Two different local power plants, one in downtown Boston and another in Southie, are up for sale, and both are likely to be turned into new housing. “It’s a large enough site that you have the critical mass to do something major,” David Begelfer,... Read more
4m
The News and Star
Sainsbury's scrapping multi-buy and two-for-one dealsSainsbury's is scrapping multi-buy deals in its shops and replacing them with c
Sainsbury's scrapping multi-buy and two-for-one deals
The News and Star / Posted 4 minutes ago
Sainsbury's is scrapping multi-buy deals in its shops and replacing them with cheaper everyday prices. The firm - which has stores in Carlisle and Cockermouth - is also doing away with buy one get one free (BOGOF) deals by August. It says customers... Read more
4m
USA Today
Elon Musk: Tesla to accept orders on new carTesla Motors will begin accepting reservations on its mass-market electric vehi
Elon Musk: Tesla to accept orders on new car
USA Today / Posted 4 minutes ago
Tesla Motors will begin accepting reservations on its mass-market electric vehicle in March, even though analysts say anyone who pre-orders the vehicle will have to wait at least two years to get it. Tesla CEO Elon Musk said on Twitter early... Read more
4m
Fortune
Here Are 5 Reasons Wall Street is Freaking Out About a RecessionAs Janet Yellen testifies in front of Congress this week, it is safe to say tha
Here Are 5 Reasons Wall Street is Freaking Out About a Recession
Fortune / Posted 4 minutes ago
As Janet Yellen testifies in front of Congress this week, it is safe to say that she is facing the period of greatest economic uncertainty since she took over the role of Fed Chair roughly a year and a half ago. The Federal Reserve appears to be... Read more
4m
USA Today
Stock rout intensifies as investors flee to safe havens: Dow plunges 250The 2016 stock market rout intensified Thursday with stocks plunging at the ope
Stock rout intensifies as investors flee to safe havens: Dow plunges 250
USA Today / Posted 4 minutes ago
The 2016 stock market rout intensified Thursday with stocks plunging at the open with the Dow down more than 200 points as investors spooked by plunging bank stocks in Europe, a further slide in oil prices and angst over Federal Reserve interest rate... Read more
5m
The Columbus Dispatch
Pier 1 Imports recalls swivel dining chairsDetails: This recall involves Pier 1 Imports Capella Island Swivel Dining chair
Pier 1 Imports recalls swivel dining chairs
The Columbus Dispatch / Posted 5 minutes ago
Details: This recall involves Pier 1 Imports Capella Island Swivel Dining chairs. The plastic wicker chairs have a natural wood color. The chair measures about 26 inches wide by 26 inches deep and 39 inches high. Sold exclusively at Pier 1 Imports... Read more
6m
WZZM 13 Grand Rapids
Stock rout intensifies as investors flee to safe havensThe 2016 stock market rout intensified overnight around the globe as investors
Stock rout intensifies as investors flee to safe havens
WZZM 13 Grand Rapids / Posted 6 minutes ago
The 2016 stock market rout intensified overnight around the globe as investors spooked by plunging bank stocks in Europe, a further slide in oil prices and angst over Federal Reserve interest rate policy dumped stocks and fled to the safety of havens... Read more
7 related stories
6m
WALB Albany
Authorities reach $3.2B settlement with Morgan StanleyALBANY, N.Y. (AP) - Federal and state authorities on Thursday announced a $3.2
Authorities reach $3.2B settlement with Morgan Stanley
WALB Albany / Posted 6 minutes ago
ALBANY, N.Y. (AP) - Federal and state authorities on Thursday announced a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis, including misrepresentations about the value of mortgage-backed... Read more
7 related stories
7m
KSWO Lawton-Wichita Falls
Authorities reach $3.2B settlement with Morgan StanleyALBANY, N.Y. (AP) - Federal and state authorities have reached a $3.2 billion s
Authorities reach $3.2B settlement with Morgan Stanley
KSWO Lawton-Wichita Falls / Posted 7 minutes ago
ALBANY, N.Y. (AP) - Federal and state authorities have reached a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis including misrepresentations about the value of mortgage-backed... Read more
7 related stories
7m
KOB 4 Albuquerque
Reynolds American 4Q profit jumps, but misses forecastsNEW YORK (AP) — Cigarette maker Reynolds American's fourth-quarter profit shot
Reynolds American 4Q profit jumps, but misses forecasts
KOB 4 Albuquerque / Posted 7 minutes ago
NEW YORK (AP) — Cigarette maker Reynolds American's fourth-quarter profit shot up 89 percent compared to the final quarter of 2014, when earnings fell due to some one-time costs. The parent of Camel and Pall Mall cigarette maker R.J. Reynolds said... Read more
66 related stories
8m
Leominster Champion
Nunez joins Fidelity Bank as commercial credit analyst | February 12, 2016Martha L. Nunez of Acton has joined Fidelity Bank as a commercial credit analys
Nunez joins Fidelity Bank as commercial credit analyst | February 12, 2016
Leominster Champion / Posted 8 minutes ago
Martha L. Nunez of Acton has joined Fidelity Bank as a commercial credit analyst. She was a credit analyst with Wells Fargo in Fort Lauderdale, Florida. Nunez provides credit-risk analysis support to the commercial lending team. This includes... Read more
8m
Leominster Champion
IC CEO elected new Health Foundation director | February 12, 2016Anthony Emerson FITCHBURG — The Board of the Health Foundation of Central Massa
IC CEO elected new Health Foundation director | February 12, 2016
Leominster Champion / Posted 8 minutes ago
Anthony Emerson FITCHBURG — The Board of the Health Foundation of Central Massachusetts recently elected Anthony Emerson, D.B.A. to serve a three-year term as a director. Emerson is the CEO of IC Federal Credit Union in Fitchburg, one of the largest... Read more
8m
Leominster Champion
Commerce Bank, employees give $104K to United Way | February 12, 2016Pictured from left are Commerce Bank President and CEO Brian Thompson, Product
Commerce Bank, employees give $104K to United Way | February 12, 2016
Leominster Champion / Posted 8 minutes ago
Pictured from left are Commerce Bank President and CEO Brian Thompson, Product Manager Peter Rawinski and Senior Vice President Michael Roy, United Way Relationship Manager Doreen Thornburg, Commerce Bank Vice President Mark Georgeson, Assistant Vice... Read more
9m
The Kitsap Sun
Authorities reach $3.2B settlement with Morgan StanleyALBANY, N.Y. (AP) - Federal and state authorities on Thursday announced a $3.2
Authorities reach $3.2B settlement with Morgan Stanley
The Kitsap Sun / Posted 9 minutes ago
ALBANY, N.Y. (AP) - Federal and state authorities on Thursday announced a $3.2 billion settlement with Morgan Stanley over bank practices that contributed to the 2008 financial crisis, including misrepresentations about the value of mortgage-backed... Read more
7 related stories
9m
Market Watch
U.S. stock futures plunge as risk aversion persistsU.S. stock futures pointed to sharp losses on Thursday, as cautious investors f
U.S. stock futures plunge as risk aversion persists
Market Watch / Posted 9 minutes ago
U.S. stock futures pointed to sharp losses on Thursday, as cautious investors fled global equities and other assets viewed as risky. Analysts called Thursday’s selloff a repeat of the same risk-off theme fueled by fears of economic slowdown that has... Read more
9m
The Star
Kulim buys 4 Indonesian firms for RM509m, gains 104,904haThe Kulim group’s total cultivated plantation landbank will rise 73% from the p
Kulim buys 4 Indonesian firms for RM509m, gains 104,904ha
The Star / Posted 9 minutes ago
The Kulim group’s total cultivated plantation landbank will rise 73% from the present 47,010ha to 81,392ha. KUALA LUMPUR: Kulim (M) Bhd’s 74%-owned subsidiary PT Wisesa Inspirasi Nusantara (PT WIN) is buying four Indonesian oil palm plantation firms... Read more
9m
Market Watch
Lending Club doubles revenue, unveils buybackLending Club Corp. said revenue nearly doubled as the startup peer-to-peer lend
Lending Club doubles revenue, unveils buyback
Market Watch / Posted 9 minutes ago
Lending Club Corp. said revenue nearly doubled as the startup peer-to-peer lender posted its second-ever quarterly profit. Shares jumped 8.9% to $7.09 in premarket trading as the company also announced a $150 million stock buyback program. Lending... Read more
9m
Market Watch
TransCanada posts hefty loss on Keystone chargeTransCanada Corp. on Thursday posted a hefty quarterly loss on the back of an e
TransCanada posts hefty loss on Keystone charge
Market Watch / Posted 9 minutes ago
TransCanada Corp. on Thursday posted a hefty quarterly loss on the back of an expected charge related to its denied Keystone XL pipeline project, though operating results still came in ahead of expectations and the company raised its... Read more
9m
Market Watch
Just one thing can cushion investors when stock market hits bottomFederal Reserve Chairwoman Janet Yellen had a tall order going into her Capitol
Just one thing can cushion investors when stock market hits bottom
Market Watch / Posted 9 minutes ago
Federal Reserve Chairwoman Janet Yellen had a tall order going into her Capitol Hill testimony — give investors something to smile about. In the harsh daylight, she appears to have bitterly disappointed them, as she failed to release enough... Read more
9m
San Bernardino Sun
Stock markets in turmoil as U.S. heads for big lossesLONDON — The latest on the turmoil afflicting global financial markets (all tim
Stock markets in turmoil as U.S. heads for big losses
San Bernardino Sun / Posted 9 minutes ago
LONDON — The latest on the turmoil afflicting global financial markets (all times local): 1:10 p.m. As the tumult in global financial markets continues, here’s a snapshot of the day so far: — Stock markets in Europe and Asia have had a big down... Read more
14 related stories
9m
Market Watch
Flowers Foods shares sink after SunTrust downgrade, earnings missShares of Flowers Foods Inc. FLO, -24.02% the makers of baked goods like Wonder
Flowers Foods shares sink after SunTrust downgrade, earnings miss
Market Watch / Posted 9 minutes ago
Shares of Flowers Foods Inc. FLO, -24.02% the makers of baked goods like Wonder and Nature's Own bread, Tastykake snacks and Mi Casa tortillas, are down 20% in premarket trading after the stock was downgraded to neutral at SunTrust Robinson Humphrey.... Read more
9m
Market Watch
Dollar rebounds vs. yen on rumors of BOJ interventionThe dollar recovered Thursday after plunging to its lowest level against the ye
Dollar rebounds vs. yen on rumors of BOJ intervention
Market Watch / Posted 9 minutes ago
The dollar recovered Thursday after plunging to its lowest level against the yen in more than a year earlier in the global day as rumors circulated that the Bank of Japan may have intervened to weaken its currency. At around 7:20 a.m. Eastern Time,... Read more
9m
Market Watch
Buy Twitter stock? Depends on whether you believe in managementTwitter beat analysts’ earnings expectations Wednesday, but the company’s flat-
Buy Twitter stock? Depends on whether you believe in management
Market Watch / Posted 9 minutes ago
Twitter beat analysts’ earnings expectations Wednesday, but the company’s flat-to-negative user growth and weak outlook created a dark cloud over the earnings. Analysts’ ratings and estimates seemed to hinge on whether they believed in management’s... Read more
9m
Market Watch
Advance Auto Parts profit down 35% on weaker salesAdvance Auto Parts Inc. reported its profit plunged 35% in the final quarter of
Advance Auto Parts profit down 35% on weaker sales
Market Watch / Posted 9 minutes ago
Advance Auto Parts Inc. reported its profit plunged 35% in the final quarter of the year, hurt by weaker sales and fewer selling days in the quarter, though the company trimmed expenses and results beat Wall Street expectations. Shares of the... Read more
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