Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Regions
T. Rowe Price bans American Airlines employees from trading funds in retirement plans
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
Columnist ponders on the cause of joblessness in the US
Reuters columnist Allison Schrager dissects the cause of unemployment in the US. Is the cause of unemployment in the US structural or cyclical? This was the question that Reuters columnist Allison Schrager attempted to answer in her column.
August sees increase of US Consumer Confidence- survey
The Consumer Confidence Index of the US in August increased. The Conference Board, an independent business membership and research group, revealed that consumer confidence in the US increased in August.
Government protests, doping bans may jeopardize Turkey's Olympic bid
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.
Latest News
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
Microsoft Corp. announced on Friday that it had offered ValueAct Capital Management LLC President Mason Morfit to join the tech giant's board of directors.
An anonymouse bourse official of the Mexican bourse told Reuters that the bourse canceled Minera Frisco's trades in the last 10 minutes of trading today as the share price spike was caused by a computer glitch.
Fidelity & Guaranty Life had sought to raise USD1 billion through an initial public offering said people involved in the planning process.
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Richard Perry's fund, Perry Corp. had increased its holdings in JC Penney Corp. by adding 3 million shares in the stake it already owns in the retailer.
Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.
Arturo Elias, Carlos Slim's chief spokesman said America Movil had no intentions of raising its offered bid for the remaining stake of KPN.
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
