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- Deloitte Unit Gets One-Year Ban
- Tue, 18 Jun 2013 16:34:18 EDT - Consulting firm Deloitte's financial-advisory services unit agreed to pay $10 million and accept a one-year ban from consulting for New York-regulated banks to settle allegations that the firm mishandled its anti-money-laundering work for U.K. bank Standard Chartered PLC.
- Blue Chips Extend Gains
- Tue, 18 Jun 2013 16:34:47 EDT - Stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures.
- Maker of 'Candy Crush Saga' Plans IPO
- Tue, 18 Jun 2013 16:47:41 EDT - The publisher of the hit mobile game "Candy Crush Saga" has hired banks to pursue a U.S. initial public offering, according to people familiar with the move.
- How Clearwire Became a Darling
- Tue, 18 Jun 2013 13:39:23 EDT - Clearwire, long the U.S. wireless industry's most embattled carrier, has emerged In recent months as its crown jewel.
- Icahn Urges Dell Launch Tender Offer
- Tue, 18 Jun 2013 16:23:49 EDT - Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.
- Cyprus Asks Creditors to Help Biggest Bank
- Tue, 18 Jun 2013 16:23:33 EDT - Cyprus has asked its European partners to help ease a cash crunch at the island's biggest lender, saying this spring's bank-rescue deal was struck "without careful preparation" and was imperiling its ability to meet budget targets.
- PBOC Offers No Relief to China Banks
- Tue, 18 Jun 2013 14:21:01 EDT - China's money-market rates remained stubbornly high Tuesday, and the central bank refrained from adding cash to the financial system, suggesting a standoff between the People's Bank of China and lenders is set to continue.
- Ex-Trader Is Charged in Libor Probe
- Tue, 18 Jun 2013 14:00:46 EDT - British prosecutors have filed criminal fraud charges against former UBS and Citigroup trader Tom Hayes for allegedly trying to manipulate benchmark interest rates.
- Swiss Resist U.S. Banks Deal
- Tue, 18 Jun 2013 13:19:11 EDT - Swiss lawmakers dealt a serious blow to a plan that could enable the country's banks to avoid the threat of prosecution in the U.S. by collectively coming clean about their dealings with suspected American tax evaders.
- Battle Brews Over E-Cigarettes
- Tue, 18 Jun 2013 16:38:25 EDT - The growing popularity of electronic cigarettes has divided regulators and antismoking activists just as Europe gets ready to tighten its tobacco laws.
- Consumer Prices Edge Up 0.1%
- Tue, 18 Jun 2013 12:39:28 EDT - U.S. consumer prices rose slightly in May, suggesting that inflation pressures remain tame amid slow growth globally and muted wage gains at home.
- Housing Starts Rise 6.8%
- Tue, 18 Jun 2013 13:02:53 EDT - Home builders stepped up construction of apartment buildings in May and prepared to boost construction of single-family homes, the latest signs that an improving housing market will support the shaky U.S. recovery.
- Duke Energy Names New CEO
- Tue, 18 Jun 2013 10:56:42 EDT - Duke Energy named finance chief Lynn Good as its next chief executive, succeeding Jim Rogers, who will continue as chairman until his retirement at year end.
- Boeing Signs Customers for Stretch 787
- Tue, 18 Jun 2013 14:45:34 EDT - Boeing signed up five customers for a new stretched version of its Dreamliner, evidence of fresh sales momentum for the 787.
- Alcatel Chief to Unveil New Strategy
- Tue, 18 Jun 2013 16:47:16 EDT - The telecommunications-gear maker's new chief executive plans to unveil a push to slash costs, shake up management and shift resources away from older products, in an effort to stem perennial losses.