Mnuchin not in favor of cutting federal ties with Fannie, Freddie
WASHINGTON (Reuters) – President-elect Donald Trump’s pick for U.S. Treasury Secretary, Steve Mnuchin, on Thursday told a Senate panel he does not believe in severing federal ties with and privatizing mortgage giants Fannie Mae [FNMA.PK] and Freddie Ma…
U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO
SAN FRANCISCO/NEW YORK (Reuters) – This past November, Nasdaq Inc hired a helicopter to film Manhattan’s skyline using Snapchat’s new video-camera sunglasses and sent the aerial footage to its social media followers.
Tech firm creates Trump monitor for stock markets
LONDON (Reuters) – Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump.
Judge to block mega-merger of Anthem and Cigna: NY Post
(Reuters) – A federal judge is expected to block a proposed deal between health insurer Anthem Inc and Cigna Corp as soon as Thursday, the New York Post reported, citing sources.
Citigroup unit to pay $25 million over ‘spoofing’ in U.S. Treasury futures
WASHINGTON (Reuters) – Citigroup Inc on Thursday became the first-ever bank to get hit with civil “spoofing charges,” after U.S. derivatives regulators said one of its units entered U.S. Treasury futures market orders with the intent of canceling them….
Exclusive: Aon nears $4.5 billion sale of benefits outsourcing unit – sources
(Reuters) – Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier & Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday.
Ex-Volkswagen CEO denies early knowledge of diesel emissions cheating
BERLIN (Reuters) – Former Volkswagen Chief Executive Martin Winterkorn refused to tell German lawmakers when he first learned about systematic exhaust emissions cheating but said it was no earlier than VW has officially admitted.
U.S housing starts surge in December; jobless claims near 43-year low
WASHINGTON (Reuters) – U.S. homebuilding rebounded more than expected in December as a strengthening economy boosts demand for rental housing.
ECB maintains stimulus, tells critics: ‘Be Patient’
FRANKFURT (Reuters) – The European Central Bank kept its super-easy monetary policy unchanged as expected on Thursday and its president, Mario Draghi, told critics of his stimulus path to be patient and wait for the euro zone’s recovery to take firm ho…
Starwood to buy Canada’s Milestone Apartments REIT in $2.9 billion deal
(Reuters) – A unit of private investment firm Starwood Capital Group said it would buy Canada’s Milestone Apartments Real Estate Investment Trust in a deal valued at about $2.85 billion.
