26 May, 2015 by The TZ Newswire Staff Comments Off on Your pay raise is being threatened by these
Your pay raise is being threatened by these
Last year, short-term rewards and bonuses for workers made up a record 12.7 percent of payrolls, the NYT reports.
26 May, 2015 by The TZ Newswire Staff Comments Off on Investor: This is the best long-term tech play
Investor: This is the best long-term tech play
Ann Winblad, co-founder of Hummer Winblad Venture Partners, says Google epitomizes the future more than any other technology company.
26 May, 2015 by The TZ Newswire Staff Comments Off on Opening Bell: 5.25.15
Opening Bell: 5.25.15
Vatican Bank makes it rain; “Is a 35-year-old mathematician the modern face of financial crime?”; Greece is still screwed; Wife bonus wives “panicked”; Cops chase student driver vehicle going 110 mph; and more.
26 May, 2015 by The TZ Newswire Staff Comments Off on First defendant in Libor scandal faces jury trial in London
First defendant in Libor scandal faces jury trial in London
Tom Hayes, a former star trader at UBS and Citigroup, becomes on Tuesday the first person to face trial by jury over allegations he conspired to rig global Libor interest rates. The trial in London marks a new phase in a seven-year, global inquiry that has culminated in banks and brokerages paying around $9 billion to settle regulatory allegations of rate rigging — shredding public faith in the integrity of financial markets.
26 May, 2015 by The TZ Newswire Staff Comments Off on Skype summoned to Belgian court over failure to share call data
Skype summoned to Belgian court over failure to share call data
Online communication service Skype (MSFT.O) has been summoned to appear in court in Belgium after refusing to pass on customer data to aid a criminal investigation, a court spokesman said. A court in Mechelen, just north of Brussels, had asked for data from messages and calls exchanged on Microsoft-owned Skype, arguing that telecom operators in the country were required to do so. “The judicial question is whether Skype is also a telecoms operator,” the court spokesman said, adding that Skype would have to pass on the data if this was established to be the case.
26 May, 2015 by The TZ Newswire Staff Comments Off on AstraZeneca hit after psoriasis drug linked to suicide fears
AstraZeneca hit after psoriasis drug linked to suicide fears
AstraZeneca’s (AZN.L) hopes of topping $45 billion in revenue by 2023 have been dealt a blow by a problem with an experimental psoriasis drug that the drugmaker had viewed as a potential billion-dollar plus seller. Amgen (AMGN.O), its partner on the project, announced late on Friday it was ending a collaboration to develop brodalumab after suicidal thoughts were observed in patients taking the medicine. Shares in AstraZeneca fell 1 percent on Tuesday in the wake of the news, following a long holiday weekend in Britain.
26 May, 2015 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks, euro under pressure as Greece, Spain niggle
Europe Markets: European stocks, euro under pressure as Greece, Spain niggle
European stocks and the euro fall, with investors assessing financial and political developments in Greece and Spain.
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