Greece delays IMF payment, PM to brief angry parliament
ATHENS/BRUSSELS (Reuters) – Greece delayed a key debt payment to the International Monetary Fund due on Friday as Prime Minister Alexis Tsipras, facing fury among his leftist supporters, demanded changes to tough terms from international creditors for …
Wall St. drops before jobs report; Greece worries linger
(Reuters) – U.S. stocks fell on Thursday, hit by nervousness ahead of Friday’s jobs report and lingering uncertainty over a Greece aid deal with creditors.
Fed doves’ ranks may be growing, possibly pushing hike into 2016
SAN FRANCISCO (Reuters) – Federal Reserve Chair Janet Yellen insisted only two weeks ago that the U.S. economy remained on a path that would allow the central bank to raise rates in 2015 for the first time in nine years.
Dish, T-Mobile US talk merger, wireless spectrum a key factor
NEW YORK/WASHINGTON (Reuters) – Just four months ago, T-Mobile US Inc Chief Executive John Legere warned consumers that results of a U.S. airwaves auction “should scare the hell out of you” because winning bids by Dish Network Corp and bigger phone com…
Exclusive: SEC investigates allegations of misspending by Dow Chemical CEO
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co , misused company funds for personal benefit, according to peopl…
IMF warns Fed should delay rate hike until 2016
WASHINGTON (Reuters) – The U.S. Federal Reserve should delay a rate hike until the first half of 2016 until there are signs of a pickup in wages and inflation, the International Monetary Fund said in its annual assessment of the economy on Thursday.
Weak U.S. productivity, rising labor costs stir inflation concern
WASHINGTON (Reuters) – U.S. nonfarm productivity fell more sharply than initially thought in the first quarter, leading to a jump in labor-related production costs, a trend that could ignite inflation if sustained.
SEC sues over alleged hoax Avon buyout bid
NEW YORK (Reuters) – The top U.S. securities regulator on Thursday accused a Bulgarian man of being an architect behind hoaxes that fraudulently drove up share prices of Avon Products Inc and two other companies through bogus takeover bids.
Monsanto plots pricey Syngenta comeback amid growing scepticism
LONDON/FRANKFURT (Reuters) – U.S. agrochemicals firm Monsanto Co and its advisers are working flat out to accommodate Syngenta’s qualms about regulatory hurdles to a deal whose perils may well outweigh the rewards.
Fed’s Tarullo, BlackRock’s Fink cite bond market liquidity concerns
NEW YORK (Reuters) – Financial regulators are paying close attention to liquidity concerns surfacing across the U.S. bond market, a top Federal Reserve official said on Thursday.
