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UK Inflation Rate Rises More Than Forecast to Four-Year High - Bloomberg

Tue, 06/13/2017 - 4:45am

Bloomberg

UK Inflation Rate Rises More Than Forecast to Four-Year High
Bloomberg
U.K. inflation resumed its upward march last month, accelerating more than forecast to the fastest pace in four years. An increase in prices for computer games, laptops and package holidays -- partly reflecting the impact of the weaker pound -- lifted ...
UK Inflation Up At 2.9 % - Yes, Brexit And The Falling PoundForbes
British inflation rate rises to 4-year high as Brexit bitesWashington Post
Inflation jumped more than expected in May as Brexit continues to biteBusiness Insider
TheStreet.com -Fox Business -Telegraph.co.uk -Financial Times
all 109 news articles »

Walsh: GE change won't alter move - Boston Herald

Tue, 06/13/2017 - 12:10am

Boston Herald

Walsh: GE change won't alter move
Boston Herald
Mayor Martin J. Walsh said he's not worried that General Electric's new CEO will change the company's plans to become an anchor of Boston's economy, even as analysts said the company has been performing poorly and is in need of either a major ...

and more »

Trump Administration Says Financial Watchdog Agency Should Be Defanged - New York Times

Mon, 06/12/2017 - 9:06pm

New York Times

Trump Administration Says Financial Watchdog Agency Should Be Defanged
New York Times
Steven Mnuchin, the Treasury secretary, center, at a cabinet meeting at the White House on Monday. Credit Doug Mills/The New York Times. WASHINGTON — The Trump administration called for the neutering of many of the central provisions of the ...
Trump Administration Calls for Major Revamp of Wall Street RulesBloomberg
Mnuchin calls for major rollbacks of Dodd-Frank financial reformsLos Angeles Times
Trump administration calls for scaling back post-crisis financial regulationsWashington Post
Politico -Department of the Treasury
all 96 news articles »Google News

Trump Administration Says Financial Watchdog Agency Should Be Defanged - New York Times

Mon, 06/12/2017 - 9:06pm

New York Times

Trump Administration Says Financial Watchdog Agency Should Be Defanged
New York Times
Steven Mnuchin, the Treasury secretary, center, at a cabinet meeting at the White House on Monday. Credit Doug Mills/The New York Times. WASHINGTON — The Trump administration called for the neutering of many of the central provisions of the ...
Mnuchin calls for major rollbacks of Dodd-Frank financial reformsLos Angeles Times
US Treasury unveils financial reforms, critics attackReuters
Administration looks to curb CFPB powers, change bank rulesWashington Post
American Banker -Washington Examiner -TheStreet.com -Credit Union Times
all 31 news articles »

Air Force keeps F-35s on the ground following oxygen issues - The Hill

Mon, 06/12/2017 - 8:52pm

The Hill

Air Force keeps F-35s on the ground following oxygen issues
The Hill
The Air Force's temporary grounding of a squadron of F-35 fighter jets in Arizona has been extended, as analysts try to figure out why five pilots suffered from oxygen deprivation. The 56th Fighter Wing at Luke Air Force Base will “continue their pause ...
F-35 Fighters Grounded Indefinitely Over Oxygen IssuesFOX40
UPDATE 2-One-quarter of F-35 fighter jets grounded over oxygen issuesReuters
Dozens of F-35 fighter jets grounded in US due to oxygen deprivationThe Guardian
The Australian -RT -Australian Defence Magazine -AppsforPCdaily
all 42 news articles »Google News

Tech stocks tanked for the second straight day - TechCrunch

Mon, 06/12/2017 - 6:12pm

USA TODAY

Tech stocks tanked for the second straight day
TechCrunch
The FANG stocks, a moniker used to collectively describe Facebook, Amazon, Netflix and Google (now Alphabet) have had a rough two days on Wall Street. And even though Apple isn't included in the original FANG group (which was designed to describe a ...
Sudden Technology Tumble Continues as Stocks Fall FurtherNew York Times
Tech stocks, coming off records highs, tumble for a second dayUSA TODAY
The Stock Market Is Going Up in Smoke and It's All Because of Apple, Tesla and AmazonTheStreet.com
Barron's -Nasdaq -Zacks.com -Seeking Alpha
all 46 news articles »

Asia Central Banks Rebuild $6 Trillion Defense as Fed Hike Looms - Bloomberg

Mon, 06/12/2017 - 6:00pm

Bloomberg

Asia Central Banks Rebuild $6 Trillion Defense as Fed Hike Looms
Bloomberg
Foreign-exchange reserves are being rebuilt as monetary authorities brace for the Federal Reserve's third rate hike in six months. While the expected move has been well telegraphed, prolonged periods of Fed tightening can cause jitters for emerging ...
Markets Unfazed as Federal Reserve Nears Plan to Shed BondsNew York Times
Markets want the Fed to answer a $4.5 trillion questionCNBC
The Fed should rethink how its conducts monetary policyBusiness Insider
Forbes -Observer-Reporter -TheStreet.com -Seeking Alpha
all 122 news articles »

GE wins US antitrust approval for Baker Hughes deal - Reuters

Mon, 06/12/2017 - 5:23pm

Reuters

GE wins US antitrust approval for Baker Hughes deal
Reuters
The logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia, neighbouring Monterrey, Mexico, May 12, 2017. REUTERS/Daniel Becerril - RTS16EWE. By Diane Bartz | WASHINGTON. WASHINGTON General ...
GE Wins US Antitrust Approval for Baker Hughes Tie-UpBloomberg
Baker Hughes and GE Reach Agreement with DOJ to Complete Proposed TransactionBusiness Wire (press release)
Talk About Timing: General Electric Gets the Go Ahead for Baker Hughes MergerBarron's
Chron.com -Yahoo Finance -KPRC Houston -Daily Mail
all 20 news articles »Google News

Apple shares briefly plunge 7% in two days on downgrade, valuation concerns - CNBC

Mon, 06/12/2017 - 5:10pm

CNNMoney

Apple shares briefly plunge 7% in two days on downgrade, valuation concerns
CNBC
Apple shares closed more than 2 percent lower Monday after Mizuho downgraded its rating on the company to neutral from buy. This follows a 3.9 percent drop on Friday. Evelyn Cheng | @chengevelyn. 3 Hours Ago CNBC.com. SHARES ...
Apple's stock snaps longest streak above key chart level in over 6 yearsMarketWatch
Cramer: The Mizuho Analyst Who Downgraded Apple Is Looking To Make A Name For HimselfBenzinga
Bruised Apple Inc. (AAPL) Stock Can Still Pay YouInvestorplace.com
CNNMoney -Markets Daily -Reuters -BBNS
all 234 news articles »Google News

6 Amtrak trains to use Grand Central Terminal this summer - The Journal News | LoHud.com

Mon, 06/12/2017 - 3:44pm

The Journal News | LoHud.com

6 Amtrak trains to use Grand Central Terminal this summer
The Journal News | LoHud.com
Metro-North will have some company at Grand Central Terminal this summer. Metropolitan Transportation Authority Interim Executive Director Veronique Hakim confirmed Monday that Amtrak and the MTA have "an agreement" to begin running trains to and ...
MTA asking employers to allow flex hours during train repairsNew York Daily News
MTA Announces Summer LIRR Schedule as Frustrated Commuters Say They Plan to SueNBC New York
MTA Reveals What Lies In Wait For LIRR Customers During Penn Station Summer Of HellGothamist
New York Times -Bloomberg -Newsday -New York Post
all 36 news articles »

Budget cuts won't hamper apprenticeships, Acosta says - Washington Examiner

Mon, 06/12/2017 - 3:36pm

Washington Examiner

Budget cuts won't hamper apprenticeships, Acosta says
Washington Examiner
Labor Secretary Alexander Acosta said Monday that the budget cuts that his department is facing won't hamper the Trump administration's effort to expand workforce training and apprenticeship programs. Acosta did not say where the funding for the ...
Trump to tout apprenticeships as way to fill jobs gapNews 12 Bronx (registration)
Trump apprentices' starting pay $60K, more in demand than college grads: Secretary AcostaFox Business
Trump Regulatory Review Could Boost Apprentice ProgramsAgWeb
American Enterprise Institute -Washington Post -Politico -HuffPost
all 143 news articles »

Maryland, District of Columbia Sue Trump Over Government Payments to His Businesses - Wall Street Journal (subscription)

Mon, 06/12/2017 - 3:21pm

NBCNews.com

Maryland, District of Columbia Sue Trump Over Government Payments to His Businesses
Wall Street Journal (subscription)
Attorneys general from Maryland and the District of Columbia detailed their new lawsuit against President Trump on Monday, claiming government payments to Mr. Trump's hotels and other businesses violate the U.S. Constitution. Photo: AP. By.
DC, Maryland To Sue Trump Over Foreign PaymentsWVXU
DC and Maryland sue Trump over alleged conflicts of interestAxios
Trump hotels in lawsuit; Cuba policy announcement comingHOTELS (registration)
ForexTV.com -London South East (registration) (blog) -New York Times -The Hill
all 279 news articles »

Activist Campaign Against Mylan Receives Double Boost - TheStreet.com

Mon, 06/12/2017 - 1:58pm

TheStreet.com

Activist Campaign Against Mylan Receives Double Boost
TheStreet.com
An activist campaign seeking to shake up EpiPen-maker Mylan NV's (MYL) board by three large pension fund investors received a major boost to their insurgency after the two major shareholder advisory firms recommended that investors oppose some or all ...
ISS pressures Mylan ahead of shareholder voteReuters
Mylan Board Faces Challenge From Shareholder Advisory FirmsBloomberg
Proxy advisers urging shareholders to vote against Mylan pay planPittsburgh Post-Gazette
Nasdaq -Ars Technica -STAT -Markets Daily
all 45 news articles »Google News

Iowa seeking help from Feds for insurance market - Minneapolis Star Tribune

Mon, 06/12/2017 - 1:42pm

KCCI Des Moines

Iowa seeking help from Feds for insurance market
Minneapolis Star Tribune
Market exits by competitors mean that Minnetonka-based Medica might otherwise be the only statewide option next year. By Christopher Snowbeck Star Tribune. June 12, 2017 — 12:01pm. Text size. comment. share · tweet · email. Print. more. Share on: ...
Iowa official pitches stopgap health insurance measureWashington Post
Iowa Insurance Commissioner proposes short-term fix for collapsing ACA marketThe Gazette: Eastern Iowa Breaking News and Headlines
Iowa floats plan for insurance marketsQuad City Times
Bloomberg -KCCI Des Moines
all 11 news articles »

Cyber firms warn of malware that could cause power outages - Reuters

Mon, 06/12/2017 - 12:26pm

Reuters

Cyber firms warn of malware that could cause power outages
Reuters
People pose in front of a display showing the word 'cyber' in binary code, in this picture illustration taken in Zenica December 27, 2014. REUTERS/Dado Ruvic/Files. By Jim Finkle. Two cyber security firms said they have uncovered malicious software ...
Russian malware 'likely' to blame for Ukrainian power grid attackZDNet
Russia has developed cyber weapon that can disrupt power grids, new research findsNational Post
Russia News: New Cyberweapon Can Disrupt US Power Grids, Report ShowsInternational Business Times
SYS-CON Media (press release) -Idaho Statesman -Siliconrepublic.com -ITProPortal
all 41 news articles »

Nasdaq extends loss to a second day as tech stocks slump - MarketWatch

Mon, 06/12/2017 - 12:16pm

MarketWatch

Nasdaq extends loss to a second day as tech stocks slump
MarketWatch
U.S. stock-market indexes pulled back on Monday, driven by a second straight session of firm losses in technology shares. The tech-heavy Nasdaq Composite Index COMP, -0.87% which hit an all-time high only to close down 1.8% on Friday, was under ...
Wall St slips on tech selloffReuters
US stock futures point to lower open as tech selloff continuesNasdaq
Tech stocks are getting slammed on MondayYahoo Finance
Schaeffers Research (blog) -Financial Times -Investing.com -Channel NewsAsia
all 41 news articles »

Zelle, the real-time Venmo competitor backed by over 30 US banks, arrives this month - TechCrunch

Mon, 06/12/2017 - 11:43am

The Verge

Zelle, the real-time Venmo competitor backed by over 30 US banks, arrives this month
TechCrunch
The U.S. banking industry's answer to Venmo has now arrived. Starting this month, a new, person-to-person payments network called Zelle will roll out to the over 86 million mobile banking customers here in the U.S., promising a faster form of digital ...
The biggest US banks are launching their own, faster VenmoThe Verge
Peer-to-Peer Payments Service 'Zelle' Debuts With Support From Major US Banks for Speedier TransfersMac Rumors
Zelle(SM) Now Live! In Mobile Banking Apps Today, a New Way to PayPR Newswire (press release)
Bloomberg -American Banker -Business Wire (press release) -TheStreet.com
all 19 news articles »

Retailer Gymboree files for bankruptcy, to close up to 450 stores - Milwaukee Journal Sentinel

Mon, 06/12/2017 - 11:10am

Milwaukee Journal Sentinel

Retailer Gymboree files for bankruptcy, to close up to 450 stores
Milwaukee Journal Sentinel
Children's clothing chain Gymboree filed for Chapter 11 bankruptcy protection late Sunday, aiming to slash its debts and close hundreds of stores amid crushing pressure on retailers. Gymboree said it plans to remain in business, hoping to regain its ...
Gymboree bankruptcy raises Fitch US retail loan default rate to 2.7%MarketWatch
Kids' clothing chain Gymboree files for Chapter 11 bankruptcy protectionLos Angeles Times
Gymboree Files For Bankruptcy, Plans To Close At Least 375 StoresForbes
Nasdaq -Business Insider -Fox Business -Chain Store Age
all 20 news articles »

US Top Court Won't Expand Debt-Collection Abuse Law in Santander Case - New York Times

Mon, 06/12/2017 - 10:20am

Miami Herald

US Top Court Won't Expand Debt-Collection Abuse Law in Santander Case
New York Times
WASHINGTON — The U.S. Supreme Court on Monday declined to widen the reach of a federal law targeting abusive debt-collection tactics such as harassment and threats, ruling it does not cover companies that buy debt, sometimes for pennies on the dollar ...
Debt Buyer Wins Creditor Status in Supreme CourtCourthouse News Service
Gorsuch has unanimous first opinion for Supreme CourtCNBC
Justice Gorsuch shows writing flair in first opinion from Supreme Court benchFox News
American Banker -Law360 (subscription) -Yahoo Finance
all 18 news articles »

Apple shares plunge 7% in two days on downgrade, valuation concerns - CNBC

Mon, 06/12/2017 - 10:20am

CNBC

Apple shares plunge 7% in two days on downgrade, valuation concerns
CNBC
Apple shares fell as much as 4 percent Monday morning after Mizuho downgraded its rating on the company to neutral from buy. This follows a 3.9 percent drop on Friday. Evelyn Cheng | @chengevelyn. 16 Mins Ago CNBC.com. SHARES ...
Here's Why Apple Shares Just Took Another HitFortune
After a Vicious Tech Rout, an Analyst Makes 'Statement Downgrade' on Apple Says Jim CramerTheStreet.com
Apple shares fall in premarket trade after Mizuho downgradeReuters
Investor's Business Daily -24/7 Wall St. -Yahoo Finance -Investing.com
all 66 news articles »

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