Financial Regulation

Greenspan on Trump's Budget, Growth and Regulation

Former Federal Reserve Chairman Alan Greenspan talks about President Trump's budget and tax plan, global growth and financial regulation. He speaks …

President Trump

Vince joins Sears in flagging 'substantial doubt' it can stay in business

Shares of luxury fashion brand Vince tumbled nearly 40 percent Friday, after the company said it has "substantial doubt" about its ability to …

Markets

SEC charges ex-executives over accounting at government contractor L3

WASHINGTON (Reuters) - U.S. regulators on Friday filed civil charges against two former executives at government contractor L3 Technologies over accounting violations that led the company to improperly recognize $17.9 million in revenue from a contract with the U.S. Army.<p>The Securities and Exchange …

Corruption

Google, Facebook Employees Targeted In $100M Phishing Scam

When the Justice Department recently said that two major tech companies had paid out a total of $100 million to a scammer posing as a hardware …

Security

Bloomberg just got slammed for exploiting a trading data loophole

First Bloomberg took a shot at the New York Stock Exchange. Now it's facing return fire.<p>The financial data giant last week filed a letter with the Securities and Exchange Commission, complaining about changes to the fee schedule for some trading data.<p>The changes were a result of a "clarification" …

Trading

Is the SEC Captured? Evidence from Comment-Letter Reviews

by Jonas Heese, Mozaffar Khan, and Karthik Ramanna<p>Overview — Evidence from analysis of comment-letter reviews suggests a nuanced relation between …

Research

American Airlines to Raise Pay for Pilots, Flight Attendants

American Airlines Group Inc. wants to raise pay for its pilots and flight attendants to keep up with its rivals.<p>American committed after merging with US Airways Group in 2013 to keep compensation competitive with pay at Delta Air Lines Inc. and United Continental Holdings Inc. On Wednesday, …

Airlines

A trading startup is setting out to tackle a key problem in the world's most important market

A new trading platform focused on hard-to-trade segments of the one of the most important markets in the world just opened for business.<p>OpenDoor Securities launched Tuesday, April 25, with more than 30 firms representing more than $5 trillion in assets already onboarded. Companies representing …

Wall Street

The Return of Vulture Capitalism

Apr 25, 2017<p>14 Min read time<p>Financial reforms are on Trump’s chopping block, and the stakes extend far beyond the economy.<p>In 1913 the great American …

Social Justice

U.S. regulators to review decision denying Bitcoin ETF: filing

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission plans to review its decision last month to block the listing of the first U.S. exchange-traded fund tracking the digital currency bitcoin, a regulatory filing showed on Tuesday.<p>A more-than-three-year effort by investors Cameron and …

21st Century

California Fruit Producer Dole Food Files for IPO - Bloomberg

Dole Food Co. filed for an initial public offering about four years after the fruit and vegetable company was taken private by its 94-year-old owner …

Business

Nearly 100 Days In, Is Trump Any Closer To Fiscal Reform?

Let’s Get Fiscal.<p>Banks Awaiting Deregulation.<p>A Modest Proposal.<p>This week I will be in Washington, D.C., attending Evercore ISI's Energy Policy & …

Regulation

Social Investing Equals More Opportunity

Within the past ten years, social networks have revolutionized not only the way we live, but have also altered the way we invest.<p>Within the past ten years, social networks have revolutionized not only the way we live, but have also altered the way we invest. These days' investment advisors have …

Social Media Marketing

News Highlights: Top Global Markets News of the Day

U.S. Stocks Rise, Driven by Earnings<p>U.S. stocks climbed, lifted by a series of upbeat earnings reports. Major stock indexes have rebounded in recent sessions as corporate earnings have showed sustained strength among U.S. companies.<p>U.S. Consumer Confidence Falls - Conference Board<p>Americans grew …

Five Years

News Highlights: Top Financial Services News of the Day

Capital One Earnings Fall as Charge-Offs Increase<p>Capital One Financial Corp. reported a 20% drop in first-quarter net income from a year earlier as losses jumped for U.S. credit cards and the bank took a bigger provision charge for credit losses.<p>Wells Fargo Directors Face Shareholders' …

Markets

Entomo raises $2.5M to put its enterprise channel management software on the map

When you think “enterprise software,” industry leaders like Oracle, Microsoft and SAP may come to mind, but Entomo may not be on that list. The …

Startups

Exclusive: ITG's Selway eyed to run markets division at U.S. SEC - sources

NEW YORK (Reuters) - Jamie Selway, head of execution services at agency brokerage Investment Technology Group (ITG) (ITG.N), is a front runner to head the Trading and Markets division at the U.S. Securities and Exchange Commission, according to three sources familiar with the matter.<p>Selway declined …

21st Century

New CSX CEO buys $15 million of the railroad's stock

New CSX CEO Hunter Harrison has invested more than $15 million in the railroad's stock.<p>Harrison said in documents filed with the Securities and …

Investing

Not an inside job: How two analysts became SEC whistleblowers

WASHINGTON (Reuters) - Four years ago, two analysts who liked to swap notes on numbers they thought looked odd took a fateful step and tipped off …

Stock Markets

Goldman Said to Get Burned by These Debts in Rare Trading Miss - Bloomberg

Goldman Sachs Group Inc.’s fixed-income revenue was so unexpectedly weak in the first quarter that last week’s earnings report left the stock …

Wall Street

Reed's, Inc. Announces $3.4 Million Financing Transaction

LOS ANGELES, April 24, 2017 (GLOBE NEWSWIRE) -- Reed's, Inc. (NYSE MKT:REED), maker of the top selling all natural sodas in natural food and grocery …

21st Century

SEC registrant number continues to decline

The number of public companies filing their financial statements with the Securities and Exchange Commission has shrunk dramatically in recent …

21st Century

Board Votes and Performance Reviews

<b>Wells Fargo.</b><p>There is a chain of dudgeon in Wells Fargo & Co.'s fake accounts scandal. Millions of fake bank accounts were created, leading to big fines and reputational damage. But they were created by junior line-level employees, probably sometimes with the encouragement of branch-level managers, …

Finance

HMH Makes Another Round of Layoffs

Houghton Mifflin Harcourt ramped up its cost cutting initiatives yesterday, laying off approximately 20 people in its trade division. The company …

Regulation

Military to play 'due role' in SC JIT probing Sharif family

The Army's senior command resolved at a Corps Commanders' Conference at General Headquarters on Monday that the military would play its 'due role' as …

Regulation

Here are 3 red flags for spotting fake news about stocks

<b>Reuters/ Joe Skipper</b><p>Jerry Ferrara is the president at Investor's Business Daily, which relies on objective and proprietary data for its market and business news coverage. IBD never accepts payment to cover stocks.<p>"Psst: I’ve got a hot stock tip for you: It’s a new cutting-edge mining company and …

Stocks

Today’s executive orders are the nail in the coffin of Trump’s economic populism

There’s no workers’ party here.<p>Friday afternoon, Donald Trump traveled to the US Treasury Department where he’s expected to sign a new executive order. The order aims at making life easier for American companies that want to avoid corporate income taxes, relax regulation on some large financial …

Democracy

United's CEO just lost out on the Chairmanship of United's board

When United CEO Oscar Munoz lied about Dr David Dao, slandering the passenger that was beaten unconscious as a direct result of his employees …

Governance

Bebe To Close All Calif. Stores By End Of May

The California-based chain of Bebe clothing stores for young women will close all its stores by May.

California

Bebe Is Closing All 175 of Its Stores

Bebe expects to close all of its brick-and-mortar locations by the end of May, the clothing retailer said in a filing Friday with the Securities and …

Philadelphia