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What's News US
- Currency Tumult Stokes Big Bets
- Thu, 29 Jan 2015 20:18:33 EST - A surging dollar is pummeling currencies around the globe amid efforts to boost economic growth, prompting a wave of investor bets to profit from the upheaval.
- Former Hedge-Fund Managers Hit the Comeback Trail
- Thu, 29 Jan 2015 23:32:17 EST - Veteran stock picker Michael Karsch said he is planning to launch a hedge-fund firm this year.
- Battle Brews Over Bids for Broker GFI Group
- Thu, 29 Jan 2015 19:48:49 EST - A takeover fight between hard-charging rivals over a broker to Wall Street’s biggest banks is coming to a head, a showdown that has split the firm’s board amid dueling claims about management conflicts and the hostile bidder’s motivations.
- Shake Shack Prices IPO at $21, Above Expectations
- Thu, 29 Jan 2015 20:57:48 EST - Restaurant chain Shake Shack Inc., known for its burgers and crinkle-cut fries, priced its initial public offering above expectations at $21 apiece late Thursday.
- Cheap Oil Sours Big-Ticket Energy Projects
- Thu, 29 Jan 2015 22:24:21 EST - Chevron’s big-budget exploration projects, conceived during an era of high energy prices, are starting to produce their first barrels of oil as a global glut is making the payoff from such projects less certain.
- Ally Lashes Back at GM After Jilting
- Thu, 29 Jan 2015 19:30:27 EST - Ally Financial’s chief executive reacted angrily to GM’s decision to squeeze the lender out of a lucrative leasing business and vowed to overcome getting jilted by the firm’s former parent.
- Asian Shares Mostly Higher
- Thu, 29 Jan 2015 21:34:04 EST - Stocks in Japan led Asia mostly higher, with electronics maker Toshiba’s shares rising on its sharp earnings growth.
- Altria Is Tough Habit to Break
- Thu, 29 Jan 2015 18:32:06 EST - Ahead of the Tape: For big U.S. tobacco companies, declining consumption has resulted in a slow burn, but investors aren’t ready to give up Altria.
- Insider-Trading Charges to Be Dropped
- Thu, 29 Jan 2015 19:38:38 EST - Federal prosecutors in New York said they would drop charges against five men they previously accused of insider trading, the latest casualty of an appeals court ruling last month that upended the government’s ability to bring such charges.
- More Doors Crack Open to Activists in Japan
- Thu, 29 Jan 2015 23:36:24 EST - A friendlier approach to activist investing, in vogue in the U.S., is catching on in Japan, where the government has been pushing companies to be more responsive to shareholders.
- Spotify Seeks to Raise About $500 Million
- Thu, 29 Jan 2015 22:06:59 EST - Music streaming service Spotify is working with Goldman Sachs on a new round of private fundraising, potentially putting off an initial public offering for another year.
- Fed Moves to Ease Mergers of Small Banks
- Thu, 29 Jan 2015 17:16:28 EST - The Federal Reserve proposed allowing more small banks to exceed debt limits when financing mergers and acquisitions, implementing a law Congress passed in December.
- U.S. Jobless Claims at Lowest Level Since 2000
- Thu, 29 Jan 2015 12:48:25 EST - The number of Americans filing new claims for jobless benefits plunged last week to a 15-year low, though the reading may have been skewed by seasonal volatility.
- China Tops U.S. in Foreign Investment
- Thu, 29 Jan 2015 22:06:50 EST - China became the world’s top destination for foreign investment in 2014, edging the U.S. out of the top position for the first time since 2003.