24 May, 2015 by The TZ Newswire Staff Comments Off on Senator Warren calls for public hearings on bank waivers: FT
Senator Warren calls for public hearings on bank waivers: FT
U.S. Senator Elizabeth Warren is calling for U.S. Department of Labor hearings on whether banks accused of rigging foreign exchange markets should be allowed to manage retirement accounts, the Financial Times reported on Sunday. Five of the world’s largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined some $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on May 20.
24 May, 2015 by The TZ Newswire Staff Comments Off on Amazon changes tax practices in Europe as investigations continue: WSJ
Amazon changes tax practices in Europe as investigations continue: WSJ
Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. The change was made effective May 1, a company spokesman told the Journal. Amazon said it had started preparing to diversify its retail sales structure two years ago, the Journal reported.
24 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. signals possible Iraq strategy shift
The Wall Street Journal: U.S. signals possible Iraq strategy shift
Defense Secretary Ash Carter holds open the possibility of a strategy shift by the White House on Iraq, a few days after recent setbacks in Iraq and Syria revive sharp criticism of the Obama administration’s approach in combating extremist groups there.
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24 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Afghans, Taliban met in secret China talks
The Wall Street Journal: Afghans, Taliban met in secret China talks
Afghanistan’s most prominent peace envoy holds secret talks with former Taliban officials in China last week, accelerating regional efforts to bring the insurgency to the negotiating table, according to individuals briefed on the matter by the warring parties.
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24 May, 2015 by The TZ Newswire Staff Comments Off on 3 Stocks That Could Make Huge Moves This Week
3 Stocks That Could Make Huge Moves This Week
A wild ride is on the horizon for these three. Find out why.
24 May, 2015 by The TZ Newswire Staff Comments Off on Bernanke Says "No Large Mispricings In US Securities"; These 5 Charts Say Otherwise
Bernanke Says "No Large Mispricings In US Securities"; These 5 Charts Say Otherwise
Retired central banker, blogger, bond guru and hedge fund consultant Ben Bernanke just uttered the following total rubbish…
- *BERNANKE: NO LARGE MISPRICINGS IN U.S. SECURITIES, ASSET PRICES
In an effort to save whoever it is that will pay him $250,000 next for these wise words, we offer five charts.
One of these things is not like the others…
24 May, 2015 by The TZ Newswire Staff Comments Off on Dollar hovers at 2-month high vs yen after CPI boost
Dollar hovers at 2-month high vs yen after CPI boost
The dollar hovered at a two-month high versus the yen and stood firm against other peers after surging on a higher-than-expected U.S. core CPI.