Business News - The Last 24 Hours

Apple and Dr. Dre Are Said to Be Planning an Original TV Show
New York Times - 1 hour 18 min ago
The show, “Vital Signs,” will be offered through the Apple TV streaming video device, a person with knowledge of the matter said.
RELATED:
Indiatimes - 'Apple to launch new iPhone, iPad in March' | Apple offers buybacks on iPhone 6s, 6s Plus - 2 hours 44 min ago
COMMENTARY:
BusinessInsider - Apple replacing Macbook charging cables for free - 36 min 39 sec ago
TechCrunch - Apple Music Tops 11 Million Subscribers; iCloud Reaches 782 Million - 1 hour 22 min ago
Zacks - Apple Filming Its First TV Series; Executive Producer is Dr. Dre - 1 hour 46 min ago
24/7 Wall St. - Best Buy Presidents’ Day Sale Features Apple Products - 5 hours 54 min ago
Seeking Alpha - Could Apple Watch Become The Next Action Camera? - 6 hours 3 min ago



Wall Street rallies, snapping five-day drop
Indiatimes - 2 hours 59 min ago
US stocks rallied on Friday, snapping a five-day drop in the S&P 500 as financial, commodity-related and other beaten-down shares rebounded.
RELATED:
Indiatimes - Energy, banks lead Wall Street rebound after grueling week - 6 hours 52 min ago
AP - The Latest: Clinton defects attacks on Wall Street donations - 20 hours 44 min ago
COMMENTARY:
BusinessInsider - Wall Street is rushing to take advantage of the crazy markets - 6 hours 22 min ago
Seeking Alpha - Wall Street Breakfast: How Will The Wild Week End? - 11 hours 55 min ago



Tougher lending standards pose risk to outlook for Fed
Reuters - 3 hours 12 min ago
WASHINGTON (Reuters) - A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon.
RELATED:
Indiatimes - Tougher lending standards pose risk to outlook for Fed - 3 hours 22 min ago
COMMENTARY:
Zero Hedge - Why The Federal Reserve Always "Happens" To Be Wrong - 5 hours 14 min ago
24/7 Wall St. - Federal Reserve Won’t Raise Rates: 4 Safe Dividend Stocks to Buy Now - 8 hours 38 min ago



Oil prices soar on hopes of output cut
BBC - 3 hours 52 min ago
Oil prices surged as much as 12% on Friday after suggestions that Opec nations were set to cut oil production.
RELATED:
New York Times - Skid in Oil Prices Pulls the Recycling Industry Down With It - 8 hours 55 min ago
COMMENTARY:
BusinessInsider - OIL EXPLODES, DOW GAINS 300: Here's what you need to know - 3 hours 13 min ago
Zero Hedge - Complete and Utter Scam: Oil Prices - 6 hours 4 min ago
WSJ Blogs - Gold Just Hit a Record High - Priced in Barrels of Oil - 6 hours 21 min ago
Zacks - Is All Well with Airline Stocks Despite Oil Weakness? - 7 hours 54 min ago
Seeking Alpha - Oil Prices Have Recovered, But It's No Rally - 8 hours 47 min ago
24/7 Wall St. - Crude Oil Rises on Wishful Thinking - 10 hours 34 min ago
NY Post - Investors go for gold as stocks, oil prices tank - 19 hours 58 min ago



Top Republicans stay quiet on release of their tax returns
AP - 5 hours 14 min ago
WASHINGTON (AP) -- Mitt Romney, the 2012 Republican presidential candidate, offered this year's hopefuls advice about a hard-learned lesson: Release your tax returns before the primaries and avoid tough scrutiny later. But the top three Republicans leading in national polls don't ap ...
RELATED:
Indiatimes - CBDT probes transaction tax discrepancies on P-note deals - 11 hours 24 min ago
BBC - 'Back door' council tax rises exposed - 23 hours 22 min ago
COMMENTARY:
Time Business - Ikea Accused of Dodging Over €1 Billion in Taxes - 4 hours 16 min ago
BusinessInsider - Flowchart: Should you prepare your own taxes? - 7 hours 3 min ago
24/7 Wall St. - Internet to Remain Free from Taxation - 9 hours 9 min ago
Seeking Alpha - 3 Things: Billions Lost, Tax Withholding, Yield Curve - 14 hours 6 min ago
Kiplinger - Claim Your Tax Refund ASAP to Thwart ID Thieves - 19 hours 14 min ago



Paedophiles use Facebook to swap images
BBC - 7 hours 14 min ago
Paedophiles are using secret groups on Facebook to post and swap obscene images of children, a BBC investigation finds.
RELATED:
Indiatimes - Facebook India Head Kirthiga Reddy quits; calls it opportune time to move to US - 7 hours 40 min ago
AP - Court: Facebook can be sued in France in nude painting case - 11 hours 14 min ago
BBC - Facebook loses in French nudity case - 11 hours 42 min ago
COMMENTARY:
Seeking Alpha - Facebook On The March With The Big Money - 2 hours 25 min ago
Zacks - DHT Holdings, Targa Resources, LinkedIn, Facebook and Alphabet highlighted as Zacks Bull and Bear of the Day - 9 hours 44 min ago
WSJ Blogs - Facebook Adds New Tool to Fight Terror: Counter Speech - 16 hours 42 min ago
VIDEO:
MarketWatch Video - Facebook Steps Up Anti-Terror Efforts - 23 hours 44 min ago
WSJ Video - Facebook Steps Up Anti-Terror Efforts - 23 hours 44 min ago



Uber gets another $200 million for emerging markets push
Indiatimes - 7 hours 16 min ago
Global ridesharing service Uber said today it had raised $200 million in additional funding to help its push into emerging markets.
RELATED:
BBC - Uber offers £20m 'safe ride' settlement - 11 hours 54 min ago
Indiatimes - Uber to pay $28.5 million to settle safety ad lawsuits - 19 hours 17 min ago
COMMENTARY:
Seeking Alpha - Uber: The Hits Just Keep On Coming - 1 hour 45 min ago
BusinessInsider - Uber agrees to pay $28.5 million to riders — see if you may be eligible for a refund - 9 hours 18 min ago
TechCrunch - Uber Picks Up Another $200M From LetterOne To Push Into Emerging Markets - 10 hours 37 min ago



Streetmap loses Google court challenge
BBC - 8 hours 25 min ago
A website that accused Google of abusing its "dominant position" in the online search market by "driving traffic" to Google Maps has lost its High Court action.
RELATED:
China Daily - Facebook closes gap with Google after strong results in Q4 - 10 hours 44 min ago
Indiatimes - New technologies and innovation needed to get billion people online, says Google India chief Rajan Anandan - 13 hours 41 min ago
COMMENTARY:
WSJ Blogs - AM Roundup: Antitrust Win for Google - 4 hours 27 min ago
TechCrunch - Google Is Finally Killing Picasa - 5 hours 34 min ago
BusinessInsider - Meet the architecture whiz helping produce killer events for Google, Nike, and New York Fashion Week - 5 hours 49 min ago
VIDEO:
Reuters Video - Help wanted for Google's car project - 8 hours 39 min ago



Sharp Corporation in talks with firms like Foxconn to divest in India arm
Indiatimes - 8 hours 41 min ago
Japan-based Sharp Corporation is in talks with two companies, including a Foxconn group firm, to explore possibility of stake sale in its Indian arm.



Deutsche Bank announces bond buyback
BBC - 8 hours 57 min ago
Deutsche Bank announces that it is to buy back more than $5bn (£3.5bn) of its own debt.
RELATED:
New York Times - Deutsche Bank to Buy Back Debt - 10 hours 10 min ago
COMMENTARY:
WSJ Blogs - Deutsche Bank: What's Behind Its Bond Buyback - 3 hours 11 min ago
Zacks - Why Deutsche Bank (DB) Stock is Soaring Today - 7 hours 26 sec ago
The Guardian - Deutsche Bank outlines plan for £3.5bn bond buy-back - 9 hours 53 min ago
Zero Hedge - Deutsche Bank Rallies On Modest Debt Buyback Plan, Schaeuble Proclaims "Strong, Resilient Bank" - 10 hours 40 min ago
BusinessInsider - Deutsche Bank just announced a bond buyback and now the stock is surging (DB) - 10 hours 42 min ago



Ground developments in India belie strong headline numbers: DBS
Indiatimes - 9 hours 45 min ago
The macro indicators of the Indian economy have improved significantly in the last two years, but developments on the ground belie these strong numbers, a DBS report says.



China 'has the tools to resist hard economic landing'
China Daily - 10 hours 44 min ago
A sign sits above a HSBC bank. [Photo/CFP] China has the fiscal and monetary tools to resist any hard landing and the ability to cushion the impact in the short-term, said Douglas Flint, Group Chairman of HSBC. Flint was speaking at HSBC's Chinese New Year lunch on February 3 ...
RELATED:
China Daily - China to crackdown against illegal fund-raising - 10 hours 44 min ago



Beijing company set to take over German incinerator group
China Daily - 10 hours 44 min ago
A security guard walks past a waste incineration plant in Mentougou district, Beijing, Dec 16. [Photo/IC] EEW Energy from Waste is reportedly worth $2 billion Beijing Enterprises Group Co, the State-owned investment firm, suspended trade in its stocks on Thursday in Hong Kong after r ...
RELATED:
BBC - German economy expands by 0.3% - 15 hours 56 min ago
Indiatimes - German economy expands by 0.3% in Q4 2015: Statistics office - 17 hours 2 min ago



China to accelerate free-trade negotiations
China Daily - 10 hours 44 min ago
Trade ministers of the United States and 11 other Pacific Rim countries attend a press conference after negotiating the Trans-Pacific Partnership (TPP) trade agreement in Atlanta, the United States, on Oct 5, 2015. [Photo/Xinhua] The Ministry of Commerce plans to step up the pa ...



First driver-training firm to launch IPO
China Daily - 10 hours 44 min ago
An Eastern Pioneer Driving School Co stand at a transportation safety products expo in Beijing. [Wu Changqing/China Daily] Eastern Pioneer Driving School Co Ltd is set to become the country's first publicly traded learner center after its initial public offering on Friday. The B ...
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Indiatimes - IPO watch: TeamLease surges 20% on market debut - 19 hours 7 min ago
COMMENTARY:
Zacks - 5 IPOs We Want in 2016 - 47 min 26 sec ago
WSJ Blogs - Deals of the Day: No IPO Relief, AIG Finds Icahn Resolution - 4 hours 16 min ago
Seeking Alpha - U.S. Foods: Is This IPO Appetizing Or Not? - 11 hours 30 min ago



Yahoo to cut 1,700 workers as CEO tries to save her own job
China Daily - 10 hours 44 min ago
Marissa Mayer, Yahoo CEO Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can save her own job. The long-anticipated purge, announced on Tuesday, will jettison about 15 percent of Yahoo' ...
COMMENTARY:
Zacks - The Zacks Analyst Blog Highlights: BCE, Charter Communications, Level 3 Communications, Verizon Communications and Yahoo - 9 hours 44 min ago



China can manage growth transition without hard landing: IMF chief
China Daily - 10 hours 44 min ago
WASHINGTON - China's economy is going through a transition to a slower and more sustainable growth, and the International Monetary Fund (IMF) does not expect a hard landing in its economy, said the IMF chief on Thursday. "China is going through that massive, multi-faceted transition and we do not e ...



Alibaba Health saw share prices plunge 20%
China Daily - 10 hours 44 min ago
Chinese employees are seen at the reception desk of Alibaba Health Information Technology in Hong Kong, November 24, 2014.[Photo/IC] Alibaba Health Information Technology Ltd share prices witnessed a plunge of more than 20 percent on Thursday after news reports saying it is likely to lo ...
RELATED:
China Daily - China demand leads to rise in Alibaba quarterly profit - 10 hours 44 min ago
COMMENTARY:
Seeking Alpha - Alibaba: Duet With 'So Nyeo Shi Dae' - 33 min 26 sec ago
BusinessInsider - Amazon is gunning for Alibaba's stake of Chinese e-commerce - 22 hours 53 min ago



Premier reassures Lagarde yuan will stay stable
China Daily - 10 hours 44 min ago
An employee counts yuan banknotes at a bank in Huaibei, Anhui province June 22, 2010.[Photo/Agencies] The Chinese government "has no intention to boost exports by devaluing the renminbi, not to mention waging a trade war", Premier Li Keqiang told International Monetary Fund chief Christ ...
RELATED:
BBC - IMF boss Lagarde set for second term - 20 hours 48 min ago



Nokia Alcatel merger story draws investors, even as growth fades
Indiatimes - 10 hours 48 min ago
In its last separate report, Alcatel Lucent produced strong results on Thursday, taking the sting out of Nokia's own cautious outlook.



Oracle unveils big ticket expansion plans in India
Indiatimes - 11 hours 5 min ago
In a fillip to Prime Minister Narendra Modi's "Digital India" initiative, global software and cloud major Oracle on Friday unveiled three big ticket investment plans.
RELATED:
Indiatimes - Oracle CEO meets PM Modi, conveys about plan to set up campus in Bengaluru - 12 hours 44 min ago
COMMENTARY:
BusinessInsider - The rise of Larry Ellison, the jet-setting billionaire founder of Oracle (ORCL) - 1 hour 38 min ago



RBI, UAE's Central Bank sign pact for currency swap
Indiatimes - 11 hours 29 min ago
The RBI today signed a pact with the Central Bank of the UAE to enter into a Currency Swap Agreement, which is aimed at strengthening economic ties with the Gulf nation.
RELATED:
Indiatimes - Who can really stop this meltdown in markets? Over to the central banks - 19 hours 51 min ago
COMMENTARY:
Seeking Alpha - 5 Years Of Dark Liquidity And Central Bankers - 11 hours 21 min ago
FT Alphaville - Sweden’s central bank Riks-rolls the market - 15 hours 14 min ago
Zero Hedge - This Is What Central Bank Failure Looks Like (Part 4) - 21 hours 14 min ago
VIDEO:
Reuters Video - Central banks to blame for selloff - 2 hours 46 min ago



Eurozone Economy Grows, but Total Output Still Lags Behind 2008
New York Times - 13 hours 2 min ago
Even as much of the rest of the world has bounced back from the global financial crisis, however fitfully, Europe’s economic core remains soft.
RELATED:
Indiatimes - Eurozone economy grows 0.3% in Q4 2015, unchanged vs Q3: Eurostat - 13 hours 54 min ago
COMMENTARY:
The Guardian - The eurozone crisis is back on the boil - 11 hours 13 min ago
VIDEO:
Reuters Video - Is Portugal the eurozone's weak link? - 10 hours 13 min ago



Below Zero: Negative Interest Rates Are Spreading Across the World. Here’s What You Need to Know.
New York Times - 13 hours 14 min ago
It’s not clear that it would even be legal in the United States.
RELATED:
Indiatimes - Japan seeks G20 response to market rout, Kuroda defends negative rates - 17 hours 23 min ago
COMMENTARY:
Seeking Alpha - The Idiocy Of Negative Interest Rates Is A Buying Opportunity In U.S. Banks - 3 hours 47 min ago
The Guardian - New York Fed boss dismisses negative rates as 'extraordinarily premature' - 6 hours 9 min ago
Zero Hedge - Why NIRP (Negative Interest Rates) Will Fail Miserably - 9 hours 23 min ago



FTSE rebounds as Rolls-Royce surges
BBC - 15 hours 38 min ago
London's leading shares rise 1% in early Friday trading, rallying after Thursday's big losses.
RELATED:
Indiatimes - Rolls-Royce sticks to 2016 guidance, halves dividend - 16 hours 32 min ago
BBC - Rolls-Royce cuts dividend by 50% - 16 hours 49 min ago
COMMENTARY:
Seeking Alpha - Rolls-Royce Holdings' (RRCEF) CEO David East on Q4 2015 Results - Earnings Call Transcript - 3 hours 46 min ago
The Guardian - Rolls-Royce 'looking at implications' of Britain leaving EU - 6 hours 17 min ago
VIDEO:
Reuters Video - Rolls-Royce halves dividend, but shares rise - 11 hours 34 min ago



VIDEO: 'I paid corrupt police to leave Peru'
BBC - 17 hours 26 min ago
A British woman who used an illegal route to return to the UK while on parole in Peru says five other women have followed the same method.
RELATED:
Indiatimes - Congress has no business talking about corruption - 22 hours 30 min ago
COMMENTARY:
Zero Hedge - America's Corrupt Media – How Reporters Took Direct Orders From Hillary's Staff - 1 hour 29 min ago
WSJ Blogs - Corruption Currents: Mexico Arrests El Chapo's Alleged Financial Manager - 20 hours 26 min ago



Yellen's dilemma: a downturn with no easy response
Reuters - 17 hours 58 min ago
WASHINGTON (Reuters) - The Federal Reserve's carefully scripted decision to raise interest rates last December, and begin a return to "normal" policy, may now become a nightmare for the U.S. central bank if an economic downturn forces a return to unconventional methods.
RELATED:
Indiatimes - Janet Yellen's dilemma: A downturn with no easy response - 18 hours 6 min ago
COMMENTARY:
Zero Hedge - Why Yellen's Testimony Was Not Dovish Enough: Bank CEOs Told Her The 'Economy Is Stronger Than Markets Imply' - 5 hours 59 min ago
Seeking Alpha - Yellen Might Put U.S. In A Recession - Cramer's Mad Money (2/11/16) - 11 hours 38 min ago
VIDEO:
WSJ Video - Yellen Comments on Possibility of Negative Interest Rates - 23 hours 47 min ago



Budget must look at innovative ways to create demand & jobs, improve trade
Indiatimes - 19 hours 39 min ago
Budget could throw the spotlight on initiating low-budget, low-gestation infrastructure projects that can spur the economy on to a quicker pace of growth.
RELATED:
Indiatimes - Budget must look at innovative ways to create demand & jobs, improve trade - 19 hours 39 min ago
COMMENTARY:
Zero Hedge - Welcome To Obama's Recovery: Carrier Moving 1400 Jobs To Mexico - 3 hours 34 min ago



Jamie Dimon Is Said to Buy 500,000 JPMorgan Chase Shares
New York Times - 22 hours 47 min ago
Bank executives often step in and buy shares in their own companies as a show of confidence.
COMMENTARY:
Wall Street Pit - Morning Buzz: Groupon (GRPN), JPMorgan (JPM), Square, Inc. (SQ), FireEye (FEYE) - 7 hours 59 min ago
BusinessInsider - JP Morgan says there's a 92% chance of recession within 3 years - 8 hours 26 min ago
Seeking Alpha - JPMorgan Chase: CEO Backs Up The Truck - 9 hours 40 min ago
Zacks - 4 Best-Ranked JPMorgan Mutual Funds for Your Portfolio - 11 hours 14 min ago



Japanese shares plunge in early trade
BBC - 22 hours 57 min ago
Japanese shares open sharply lower on Friday amid concerns over the global economy and following falls in the US and Europe.
COMMENTARY:
Seeking Alpha - Profiting From Japan's Broken Economic Clock - 1 hour 57 min ago
Time Business - Japan and Other Asian Markets Fall After Share Sell-Offs Hit Europe and the U.S. - 18 hours 16 min ago



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