Apple, banks push Wall Street to all-time high Apple, banks push Wall Street to all-time high:- Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates. Apple (AAPL.O) racked […]
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Fed on course to raise interest rates at an upcoming meeting Fed on course to raise interest rates at an upcoming meeting:- The Federal Reserve will likely need to raise interest rates at an upcoming meeting, Fed Chair Janet Yellen said on Tuesday, although she flagged considerable uncertainty over economic policy […]
Berkshire takes huge bite of Apple, boosts airline stakes Berkshire takes huge bite of Apple, boosts airline stakes:- Warren Buffett's Berkshire Hathaway Inc (BRKa.N) was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc (AAPL.O) and increasing its stake sevenfold in the four […]
Asia stocks at 19-month peak, dollar up as Yellen puts March rate hike in play Asia stocks at 19-month peak, dollar up as Yellen puts March rate hike in play:- Asian stocks scaled 19-month peaks on Wednesday thanks to a record-setting night on Wall Street after Federal Reserve Chair Janet […]
U.S. insurers sense opportunity in unwanted pension plans U.S. insurers sense opportunity in unwanted pension plans:- U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values give companies the perfect excuse to offload them. Calculating they can make more money […]
Geeks venture into Goldman Sachs world of big deals and egos Geeks venture into Goldman Sachs world of big deals and egos:- Technology whizzes who helped Goldman Sachs (GS.N) eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy. […]
At least 26 civilians killed in Afghan province At least 26 civilians killed in Afghan province:- At least 26 civilians, most of them women and children, were killed in Afghanistan's Helmand province last week, most of them victims of airstrikes conducted by international forces, a UN relief organization said Sunday. […]
Germany rules out attack in Hamburg airport closure Germany rules out attack in Hamburg airport closure:- German authorities said on Sunday the leak of a corrosive substance through the air conditioning system at Hamburg airport was not an attack, adding that police were investigating the incident that forced the brief […]
Toshiba prepares to unveil nuclear hole, other perils threaten Toshiba prepares to unveil nuclear hole, other perils threaten:- Toshiba Corp (6502.T) will on Tuesday detail a writedown of close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning investor attention to the Japanese group's efforts to […]
Yen slips after Trump-Abe meet, Asian shares firm Yen slips after Trump-Abe meet, Asian shares firm:- The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, […]
