8 December, 2014 by The TZ Newswire Staff Comments Off on Fed signals rate guidance likely to stay for now
Fed signals rate guidance likely to stay for now
The Federal Reserve’s vow to keep interest rates near zero for a “considerable time” is likely to remain in place for now, with the U.S. central bank set to take a slow and steady approach to …
8 December, 2014 by The TZ Newswire Staff Comments Off on Merck to take on superbugs with Cubist Pharma buy
Merck to take on superbugs with Cubist Pharma buy
Merck & Co Inc said it would buy Cubist Pharmaceuticals Inc for $8.4 billion plus assumption of debt, giving the major drugmaker an entry into the market for drugs that combat so-called superbugs. The …
8 December, 2014 by The TZ Newswire Staff Comments Off on For Fed stress tests, U.S. banks form a study group
For Fed stress tests, U.S. banks form a study group
Executives at the biggest U.S. banks are sharing notes with each other before their next round of tests with federal regulators. Banks are struggling to figure out what exactly the U.S. Federal Reserve …
8 December, 2014 by The TZ Newswire Staff Comments Off on Honda to expand investigative air bag recall globally
Honda to expand investigative air bag recall globally
Honda Motor said it will expand an ‘investigative’ recall to replace potentially lethal Takata Corp air bag inflators across the globe, taking the total Takata-related recall tally of all brands to more …
8 December, 2014 by The TZ Newswire Staff Comments Off on Portland, Oregon, sues to stop Uber online car service
Portland, Oregon, sues to stop Uber online car service
Portland sued Uber on Monday to stop the fast-growing ride-hailing service from operating in the Oregon city until it follows local regulations. Uber operates in areas around Portland, but only started …
8 December, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Sony’s PlayStation network hit with cyber attack
The Wall Street Journal: Sony’s PlayStation network hit with cyber attack
Sony Computer Entertainment says it has no information of a loss of data following a cyber-attack on its Internet-based services for PlayStation video-game consoles.
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8 December, 2014 by The TZ Newswire Staff Comments Off on Treasury Warns Congress (and Investors): This Financial Creature Could Sink the System
Treasury Warns Congress (and Investors): This Financial Creature Could Sink the System
Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter