Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Sectors
Obama’s proposal aims to satisfy Republicans and Democrats
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
SEC investigates 'fraudulent' McAuliffe investment program
The Securities and Exchange Commission launched an investigation against Gulf Coast Funds Management's investment program.
BlackBerry starts beta testing for its BBM services on Android, iOS
BlackBerry began testing its BlackBerry Messenger services on Android and iOS devices. BlackberryOS. com reported that iPhone and Android users could already use the services of BlackBerry Messenger.
IBM reveals US regulators investigating their cloud computing revenues
IBM Corp disclosed that the SEC is probing how the revenues of their cloud computing business is generated.
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Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs. King Abdullah bin Abdul Aziz of Saudi Arabia launched different development projects amounting to SR327 billion or US$81 billion on Thursday.
Ellis Medicine barely passed the positive net income mark in its midyear performance report due to investment income.
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
Financial analyst said that BlackBerry's operations and intangibles would present a strong margin of safety for investors.
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.
Reuters reported that China's private businesses could experience succession problem in the next few years.
