European regulators have pushed back against proposed changes to how Basel III regulations assess credit, operational and market risks, with some threatening to reject the proposals, sources said. Nearly half of the world’s systemically important […]
Baidu has received a permit to test its self-driving car in California. It is the 15th company to receive approval from the Golden State. After unveiling its autonomous vehicle in China last December, Baidu (NASDAQ:BIDU) […]
EU leaders are gathering in Bratislava to seek a unified response to Britain’s decision to leave the bloc amid what the European Commission President has described as an “existential crisis.” The summit meeting will be […]
The new iPhone 7 and 7 Plus go on sale at Apple (NASDAQ:AAPL) stores and carrier retail locations in more than 25 countries today, with prices starting at $649. But this year, the company will […]
The British government will not trigger Brexit before the end of the year, Antonia Romeo, UK consul general in New York, said at a SIFMA symposium Thursday. “It is critical that such a process is […]
Inflation data that might encourage an interest-rate increase this year from the Federal Reserve pushed stocks lower in early trading today, with financial and energy stocks leading the drop. All three major indexes were lower […]
US smartphone users on average download only 3.5 apps, and nearly half never download any, according to a comScore report. The findings show that the app market is tightening, leaving few ways to break through […]
Deutsche Bank has been asked to pay $14B to the DOJ to settle a set of high-profile mortgage-securities probes stemming from the financial crisis. The figure would rank among the largest of what other banks […]
Traders are favoring short-dated Treasurys as the spread between five-year and 30-year securities increased Wednesday for the ninth day in a row, a phenomenon last seen in 2012. “More than rates, the curve shape has […]
Twitter (NYSE:TWTR) held the first of its ten planned Thursday Night Football games for the NFL. Overall, the launch went smooth. Next to the streaming game was the streaming newsfeed, which allowed users to interact […]
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