U.S. housing, trade data boost third quarter GDP growth prospects
WASHINGTON (Reuters) – New U.S. single-family home sales unexpectedly rose in September, pointing to sustained demand for housing even as data for the prior three months were revised lower.
Google halts Fiber rollout in some U.S. cities
(Reuters) – Alphabet Inc is halting the rollout of its much-talked about high-speed internet service, Google Fiber, in some cities in the United States.
U.S. to secure guilty plea in case tied to JPMorgan hack probe
NEW YORK (Reuters) – U.S. prosecutors are expected to obtain their second guilty plea in a case related to what they say was an illegal bitcoin exchange owned by an Israeli behind a series of hacking attacks on organizations such as JPMorgan Chase & Co.
Auto industry cyber security group hires Boeing veteran
(Reuters) – The organization that automakers in the United States created to cope with cyber security threats said on Wednesday it has hired a former Boeing Co executive as its leader.
SEC to weigh ‘universal’ proxies sought by investors
BOSTON (Reuters) – U.S. securities regulators on Wednesday will consider allowing investors to pick directors from a single ballot, in what would be the latest move to open up the governance process of large corporations.
BoE’s Woods says no let up in bank regulation due to Brexit
LONDON (Reuters) – Banks in Britain won’t face a new wave of rules, nor will there be a respite from implementing the revolution already agreed, the country’s top banking regulator said on Wednesday.
Barclays, UBS settle with bondholders over Libor manipulation
NEW YORK (Reuters) – Barclays Plc and UBS AG have agreed to settle U.S. litigation by bondholders who accused the banks of conspiring with rivals to rig the Libor benchmark interest rate, lawyers for the plaintiffs said in Wednesday court filings.
Exclusive: EU proposes a phasing in of some bank capital rules – document
LONDON (Reuters) – Banks in the European Union will get more time to adjust to new rules aimed at making sure that banks hold enough of a capital cushion against risky lending on their trading books, an EU document showed on Wednesday.
Wall Street leaders too insulated, says watchdog for U.S. rescue fund
WASHINGTON (Reuters) – Wall Street executives are too shielded from prosecution and should answer for misdeeds committed by underlings, the watchdog for a multibillion-dollar bailout said on Wednesday.
U.S. new home sales unexpectedly rise in September
WASHINGTON,(Reuters) – – New U.S. single-family home sales unexpectedly rose in September, pointing to sustained demand for housing even as data for August was revised sharply down.
