Witnesses in Shkreli case worried about retaliation: U.S. prosecutors
NEW YORK (Reuters) – U.S. prosecutors said several witnesses in the criminal securities fraud case against notorious former pharmaceutical executive Martin Shkreli are concerned about retaliation and have received threats from him in the past.
Goldman’s Holmes to take on role as head of bank’s leadership program
(Reuters) – Goldman Sachs Group Inc named Dane Holmes, the global head of investor relations, as the head of its Pine Street leadership program.
The ‘great engine game’ behind new Boeing jet project
SINGAPORE (Reuters) – Aircraft engine makers are placing bets that could reshape their industry for decades as Boeing weighs a novel design for an airplane with 240-250 seats – a neglected area of the jet market.
NYSE drops proposal to flag ‘aberrant’ trading in ETFs: regulators
(Reuters) – The New York Stock Exchange has withdrawn a proposal that would have allowed it to flag “aberrant” pricing of exchange-traded funds, according to a filing this week.
GM ignition-switch plaintiffs ask to revise early trial plan
NEW YORK (Reuters) – Lawyers for plaintiffs suing General Motors over a faulty ignition switch are seeking alternatives to a plan to try five more early test cases in federal litigation against GM over the issue, after a first trial fell apart unexpect…
China’s top securities regulator stepping down: WSJ
(Reuters) – The chairman of the China Securities Regulatory Commission (CSRC), Xiao Gang, is stepping down, the Wall Street Journal reported, citing Chinese officials with direct knowledge of the matter.
Citigroup to exit retail banking in Brazil, Argentina
(Reuters) – Citigroup Inc said it plans to exit its retail banking and credit card operations in Brazil, Argentina and Colombia as part of its efforts to cut costs and boost profitability.
Seeking evidence of the slowdown
FRANKFURT (Reuters) – Worries about a global slowdown will keep investors focused on early indicators of stress next week, looking for signs that resilient domestic demand in Europe and the U.S. can sustain growth in spite of emerging markets struggles…
Worldwide M&A activity falls 23 percent, but U.S. has a flurry
LONDON (Reuters) – Worldwide mergers and acquisitions deals have fallen 23 percent to $336 billion so far this year compared with last year, but cross-border activity by amount targeting U.S.-based companies reached a record high, Thomson Reuters data …
U.S. core consumer prices post largest gain in four-and-a-half years
WASHINGTON (Reuters) – Rising rents and medical costs lifted underlying U.S. inflation in January by the most in nearly 4-1/2 years, signs of an uptick in price pressures that could allow the Federal Reserve to gradually raise interest rates this year….
