North America

Senate Banking Committee Hearing with Janet Yellen

US Fed may leave interest rate unchanged for now

A two-day policy meeting of US Federal Reserve will conclude on Wednesday. US Fed Chair Janet Yellen is expected to keep short-term interest rate unchanged for now and may go for a hike in June.

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BELGIUM-EU-IT-DIGITAL SINGLE MARKET

EU grills Google, Apple, other US firms over tax issues

European legislators have started grilling multinational companies such as Google, Apple, Alphabet and McDonald's. European nations are feeling the heat of mounting political pressure to check tax evasion by foreign multinational companies.

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EBay Inc. Illustrations As The Company Announces Earnings Figures

EBay Select Shyp as Partner to Handle Pickup and Delivery

The on-demand shippping company startup Shyp was selected as eBay partner. Shyp will handle packing and shipping for eBay sellers.

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President Obama Hosts Canadian PM Trudeau On His Official Visit To Washington

Canada's Prime Minister Trudeau to forego stimulu; Budget deficit may be C$30bln

Justin Trudeau, the new Prime Minister of Canada, has ruled out any possibility of new stimulus funds as new budget deficit is expected to be C$30 billion ($22.5 billion). Canada’s Finance Minister Bill Morneau will present the budget on 22nd of March 2016.

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3D Printing Exhibition

3D Systems Stock Records Highest One Day Gain In Five Years Indicating Surge In 3D Printing Industry

3D Systems has disclosed its earning scenario which has off beat analysts’ predictions through several parameters. Following disclosure of the earnings report, prices of the printer manufacturer’s share have been witnessed to gain 26.3%, which is the highest single day gain during the last five years.

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AIG or American International Group signage on its building.

SEC slaps fine on AIG units over higher charges

US Securities and Exchange Commission (SEC) has slapped penalties on AIG's three affiliates for steering customers to high-fee products. AIG is also offloading its brokerage unit owing to stringent norms. AIG has agreed to pay $9.5 million for settling the regulator's claims.

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US-ENTERTAINMENT-CASINOS-ATLANTIC CITY

New Jersey Will Vote to Decide Casino Expansion in Northern Part of the State

Voters will decide whether to approve the expansion of casino in New Jersey beyond Atlantic City. A referendum will be held in November as state's legislature approved the ballot plan on Monday.

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Controversial Former Pharmaceutical CEO Martin Shkreli Testifies On Oversight In Drug Market

US FDA to check Martin Shkreli's type of strategies to spiraling up drug prices

With an objective of not giving any such scope for price escalation as Martin Shkreli did for Daraprim generic drug, US Food and Drug Administration (US FDA) has turned very cautious on approvals to generic drugs. US FDA is now reviewing new applications for generic drugs, while ensuring no such lapses of price escalation.

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US Dollars

US dollar may gain 10% further in 2016

The US dollar recorded a multi-year bull run and has still enough steam to gain 10 percent further this year. All eyes are on the two-day policy meeting of US Federal Reserve beginning from Tuesday as it will set the tone for US currency.

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General Electric Co. Chairman And Chief Executive Officer Jeffrey Immelt Speaks In New Delhi

GE Acknowledges CEO’s Achievements Last Year, But His Total Compensation Reduces 11.5%

GE acknowledges 2015 as one of the most successful business years in its history while recognizing CEO’s leadership contribution. Jeffrey Immelt, chairman and CEO of GE, has received $33 million compensation in total for 2015 which is 11.5% lower than the previous year. The compensation package has been disclosed through a regulatory filing with U.S. Securities and Exchange Commission.

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Residential Solar Panel Installation Ahead Of SolarCity Corp. Earnings Figures

Despite Plunging Shares, SolarCity Corp Raised Money in Bond Market

Solar panel provider SolarCity has sold $235 million in asset-backed securities (ABS) market this year. The number is a record high despite a steep drop of the company's shares in stock market.

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CNBC Events - Season 2015

Under Armour CEO Gives Advice to Silicon Valley Startups to Start Making Money

Founder and CEO of Under Armour Kevin Plank shared his success in building Under Armour into billion dollar company in SXSW annual event on Tuesday. His recipe is simple: make profit.

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Avon Products Inc. Chief Executive Officer Sherilyn McCoy Interview

Avon plans to shift headquarters, cut jobs

New York-based Avon Products Inc is shifting its headquarters to the UK. It's also in the process of reducing headcount by about 2,500 and investing in technology and innovation to enhance sales volume.

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Trading On The Floor Of The NYSE As U.S. Stocks Join Global Rally While Investors Embrace ECB Measures

Global stocks soar on rising investor confidence

Global stocks rose further as increased investor confidence propelled buying support. Investor confidence has been strengthened after the announcement of European Central Bank's stimulus plans and encouraging US economic data.

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Valeant Pharmaceuticals Headquarters As Investors Rise To Its Defense

Valeant Pharma investing in R&D; All eyes on Q4 results

Drug maker Valeant Pharmaceuticals International Inc is facing a variety of problems. Valeant has changed its aggressive investment strategy and turned keen on research and development. Valeant is also facing Federal investigation over its pricing strategies.

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