Latest news on ‘Governance’
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Fed to regularly forecast interest-rate changes
WASHINGTON (AP) – In a major shift, the Federal Reserve will start updating the public four times a year on how long it plans to keep short-term interest rates at [...]
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Bernanke Says Fed Focusing on Jobs, Sees Low Inflation
Bloomberg – Federal Reserve Chairman Ben S. Bernanke said the central bank is concentrating “intently” on reducing unemployment and projects inflation to stay under control for the “foreseeable future.”
“For a [...] -
UBS Trader to Remain in Custody
DealB%k – LONDON – Kweku M. Adoboli, the UBS trader accused of costing the bank $2.3 billion in losses, is to remain in custody until a hearing next month after [...]
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James Murdoch could face criminal charges on both sides of the Atlantic
Guardian – James Murdoch and News Corp could face corporate legal battles on both sides of the Atlantic that involve criminal charges, fines and forfeiture of assets as the escalating [...]
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Why No Jail Time for Wall Street CEOs?
NEW YORK (MarketWatch) — It’s probably the most asked question to come out of the financial crisis: why aren’t any Wall Street CEOs in jail?
It’s asked on the message boards, [...] -
Supreme Court Considers Microsoft’s Appeal In Patent Case
WASHINGTON (Dow Jones) – The U.S. Supreme Court voiced ambivalence Monday about Microsoft Corp.’s (MSFT) bid to make it easier for companies to challenge the validity of patents, in a [...]
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Spending cuts not expected to dent $1.5T deficit
WASHINGTON (AP) — The $38 billion in spending cuts agreed to last week won’t prevent this year’s budget deficit from setting another record high, estimated at $1.5 trillion.
Most of the [...] -
Obama: We must ‘get serious’ about long-term energy policy
USA Today – President Obama argued today that military action in Libya, unrest in the Middle East, and the Japanese nuclear disaster could all have a profound effect on Americans [...]
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Supreme Court to Hear Whether Millions of Female Employees Can Sue Walmart
ABC News – When Christine Kwapnoski of Concord, Calif., told her boss at a division of Walmart that she wanted a job promotion, she said, he told her to “blow [...]
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Bernanke: Fed would act if oil ignites inflation
The Washington Post – WASHINGTON — The Federal Reserve will “respond as necessary” if rising prices for oil and other commodities seem to trigger more broad-based inflation, Chairman Ben Bernanke [...]
