20 November, 2014 by The TZ Newswire Staff Comments Off on Asian shares take comfort from U.S. data, yen rebounds
Asian shares take comfort from U.S. data, yen rebounds
Asian shares rose on Friday after U.S. data showed broad U.S. economic strength, while the yen rebounded from overnight multi-year lows after Japan’s finance minister warned that its recent weakening had …
20 November, 2014 by The TZ Newswire Staff Comments Off on SEC director with big stock holdings stirs debate
SEC director with big stock holdings stirs debate
Keith Higgins, who runs the office that reviews public companies’ books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and …
20 November, 2014 by The TZ Newswire Staff Comments Off on Under Senate glare, Goldman rejects commodity manipulation
Under Senate glare, Goldman rejects commodity manipulation
Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain …
20 November, 2014 by The TZ Newswire Staff Comments Off on Takata executive warns about ability to fix deadly air bag flaw
Takata executive warns about ability to fix deadly air bag flaw
An executive from Japan’s Takata Corp told U.S. senators on Thursday the supplier is urgently trying to ramp up replacement parts for millions of vehicles fitted with potentially deadly air bags, but said …
20 November, 2014 by The TZ Newswire Staff Comments Off on Gap cuts profit forecast as demand slows for Old Navy brand
Gap cuts profit forecast as demand slows for Old Navy brand
Apparel retailer Gap Inc cut its full-year earnings forecast as sales at the Gap brand continued to fall and demand for the cheaper Old Navy clothing slowed. The company’s shares fell 4.4 percent in extended …
20 November, 2014 by The TZ Newswire Staff Comments Off on U.S. underlying inflation rising; economy firming broadly
U.S. underlying inflation rising; economy firming broadly
Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve. …
20 November, 2014 by The TZ Newswire Staff Comments Off on U.S. regulator to Chrysler’s Marchionne: get act in gear on Jeep recall
U.S. regulator to Chrysler’s Marchionne: get act in gear on Jeep recall
U.S. government safety regulators on Thursday told Chrysler Group LLC Chief Executive Sergio Marchionne that the company “have to get their act in gear” to speed up repairs of recalled Jeep SUVs …