U.S. securities regulator expands use of powerful software: source
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) is expanding an effort that allows its staff to search massive amounts of data for signs of insider trading and other securities violations, a person familiar with the matter said.
AB InBev faces delicate balance in structuring SABMiller bid
BRUSSELS/LONDON (Reuters) – A $70 billion debt package being arranged to fund Anheuser-Busch InBev’s takeover of SABMiller still leaves the world’s largest brewer with a tricky balancing act in satisfying a range of shareholder camps with different nee…
Volkswagen braces for hit to business from emissions scandal
BERLIN (Reuters) – Volkswagen has imposed a hiring freeze at its financing business and cut a shift at a German engine factory as it braces for a hit to business from cheating in diesel emissions tests.
Twitter likely to name Dorsey permanent CEO: Re/code
SAN FRANCISCO (Reuters) – Twitter Inc co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online payment service Square, technology news website Re/code rep…
SEC Commissioner calls for shining light on ‘dark pools’
(Reuters) – More transparency is needed in the U.S. stock market to help restore investor confidence and bring greater clarity as to how the market functions, a top member of the Securities and Exchange Commission said on Wednesday.
U.S. business groups oppose exceptions in Pacific trade pact
ATLANTA (Reuters) – U.S. business groups have voiced their opposition to blocking specific products, like tobacco, from rules letting foreign companies sue governments over damage to investments as Pacific trade ministers gather to finalize an ambitiou…
U.S. export bank’s loss jeopardizes Boeing orders, airline says
WASHINGTON (Reuters) – South African airline Comair Ltd has told Boeing Co that the loss of U.S. Export-Import Bank financing could jeopardize a $1.1 billion order it had placed for Boeing jetliners, leading the carrier to turn to Europe’s Airbus .
Fed’s Yellen does not comment on policy in brief remarks to bank group
St. Louis (Reuters) – Federal Reserve Chair Janet Yellen did not comment on the U.S. economy or monetary policy in brief welcoming remarks to a community banking symposium on Wednesday.
Carl Icahn says would ‘keep cash’ given market risks: CNBC
NEW YORK (Reuters) – Billionaire activist investor Carl Icahn said on Wednesday he would recommend investors hold cash given market risks and that he was “seriously considering” buying “a lot more” shares of Apple Inc.
Oil up on Syria, hurricane; U.S. crude build limits gains
NEW YORK (Reuters) – Oil prices rose on Wednesday on worries about an escalating Syrian war and a hurricane threatening energy infrastructure on the U.S. East Coast, but gains were limited by data showing a surge in U.S. crude inventories.
