Yellen expects gradual pace for hikes but sees risk in delay

The Fed chief quickly rattled off numbers from a National Federation of Independent Businesses survey showing that just 4% of respondents are unable to get the loans they need. "So we have seen healthy growth in actual lending in the economy", Dr Yel... More..

by | Published more than a month ago
by | Wednesday, February 15, 2017

Aetna, Humana pull plug on $34 billion merger

On Jan. 23, U.S. District Judge Robert Bates ruled that the merger of the two insurers would reduce competition in the private Medicare Advantage market for seniors. But don't point the finger at us for th...More..

by | Wednesday, February 15, 2017

Mnuchin Poised for Party-Line Senate Confirmation Vote Monday Evening

That criticism continued on the Senate floor Monday ahead of his confirmation vote scheduled for around 7 p.m. Minority Leader Chuck Schumer (N.Y.) referred to Mnuchin as a "Wall Street insider", saying Trump h...More..

by | Wednesday, February 15, 2017

Tata Motors' consolidated Q3 net profit plunges

Revenue dropped 4% to Rs 68,541 crore from Rs 71,617 crore. The company reported net profit of Rs 111.57 crore compared to net profit of Rs 2952.67 crore in the corresponding period of the previous year. "Pa...More..

by | Tuesday, February 14, 2017

Australian banks narrow focus of Apple Pay collective bargaining request

Throughout the process, the banks have claimed they want access to the NFC controller in iPhones, as Apple now does not allow any other entity direct access. Apple has said that even if the ACCC grants the bank...More..

by | Tuesday, February 14, 2017

Greek bailout delay could result in re-rerun of 2015, says governor

This leaves Tsipras in a hard position: he will either have to agree on painful measures, including a lower income tax-free threshold and pension cuts, even as his popularity has plunged; or call snap elections...More..