Business & Finance News
WASHINGTON (Reuters) – JPMorgan Chase Bank NA will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAFIX benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
BRUSSELS (Reuters) – EU antitrust regulators will decide by July 20 whether to clear U.S. private equity firm Blackstone Group’s US$20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk (F&R) unit, a filing on the EU competition watchdog’s website showed on Monday.
WASHINGTON (Reuters) – JPMorgan Chase Bank NA will pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAFIX benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
NEW YORK (Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger.
(Reuters) – The three major U.S. stock indexes were trading lower on Monday, but came off session lows, as gains in energy shares eased fresh concerns over a possible trade war following China’s retaliation against U.S. tariffs.
NEW YORK (Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure from activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.
(Reuters) – The Dow and the S&P 500 fell after China’s retaliatory action against U.S. tariffs rekindled concerns that the world’s two biggest economies were headed toward a trade war, with losses limited by gains in energy shares.
(Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure to activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.
DETROIT (Reuters) – General Motors Co will invest $175 million to modernize and retool a plant in Lansing, Michigan, to build the next generation of luxury Cadillac sedans, the company said on Monday.
NEW YORK (Reuters) – Square Inc , the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday.
BRUSSELS (Reuters) – It is too early to judge Google’s reforms in response to an antitrust case over online shopping, though there are signs some rivals are benefiting, Europe’s competition chief said on Monday.
(Reuters) – The Dow Jones Industrial Average fell more than 200 points on Monday and the other major indexes were lower, as China’s retaliatory action against tariffs imposed by the United States reignited fears of a possible trade war between the world’s two biggest economies.
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to hear an appeal by a New York investment banker banned from the industry by the Securities and Exchange Commission in a case that could limit the scope of those who can be held liable under laws protecting investors from securities fraud.
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to take up Apple Inc’s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.
(Reuters) – U.S. stocks fell at the open on Monday as a trade dispute between the United States and China intensified following Beijing’s retaliation to tariffs imposed by President Donald Trump.
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