23 July, 2014 by The TZ Newswire Staff Comments Off on Boeing profit gets boost from increased deliveries
Boeing profit gets boost from increased deliveries
Boeing reported a 52 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries.
23 July, 2014 by The TZ Newswire Staff Comments Off on Frontrunning: July 23
Frontrunning: July 23
- Here come the gates which we predicted in 2010: SEC Is Set to Approve Money-Fund Rules (WSJ)
- Dick’s cuts 400 jobs as golf now less popular (MW)
- Kerry arrives in Israel, pushes for peace (read more
23 July, 2014 by The TZ Newswire Staff Comments Off on JPMorgan nears sale of half its private equity biz
JPMorgan nears sale of half its private equity biz
JPMorgan Chase is close to a deal to sell half its private equity business, the Wall Street Journal reported, citing people familiar with the matter.
23 July, 2014 by The TZ Newswire Staff Comments Off on Jobs hold sway over Yellen-Carney as central banks look to diverge on easy money
Jobs hold sway over Yellen-Carney as central banks look to diverge on easy money
Before the Federal Reserve and fellow central banks go to work raising interest rates, they first need others to go to work.
23 July, 2014 by The TZ Newswire Staff Comments Off on Obamacare on path back to high court after ruling split
Obamacare on path back to high court after ruling split
The U.S. Supreme Court may not be done with Obamacare yet. Splits among the federal circuits have preceded previous high court rulings on the Affordable Care Act. In 2012, the law was narrowly upheld when the court ruled Congress has the power to make Americans carry insurance or pay a penalty. “If there’s a split, the Supreme Court will definitely take it,” said Walter Dellinger, a former solicitor general during the administration of President Bill Clinton.
23 July, 2014 by The TZ Newswire Staff Comments Off on Pay penalty haunts recession grads as economy mends
Pay penalty haunts recession grads as economy mends
Nickole Gambrill is still paying the price for graduating college at the wrong time. She and other students who earned diplomas in the aftermath of the deepest U.S. recession since the 1930s are experiencing an earnings hangover that could last a lifetime, even as the labor market heals. Gambrill accepted the first paralegal job she could get after finishing classes at Towson University in Maryland in December 2010, when the unemployment rate was 9.4 percent.
23 July, 2014 by The TZ Newswire Staff Comments Off on NY Fed found serious problems at Deutsche Bank’s U.S. arms: source
NY Fed found serious problems at Deutsche Bank’s U.S. arms: source
The Federal Reserve Bank of New York has found serious problems in Deutsche Bank’s U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, a person close to the matter told Reuters. In a letter to the German lender’s executives last December, a senior official with the New York Fed described financial reports produced by some of the bank’s U.S. divisions as “low quality, inaccurate and unreliable”, said the source, who is familiar with the letter. The New York Fed, as the U.S.