Dish, Cogent specify demands for concessions in AT&T-DirecTV merger
WASHINGTON (Reuters) – Dish Network Corp , Cogent Communications Holdings Inc and advocacy groups are asking U.S. regulators to restrict AT&T Inc’s power over online video and other content as part of its proposed purchase of DirecTV .
BlackRock says regulators misunderstand securities lending risks
WASHINGTON (Reuters) – BlackRock Inc on Wednesday pushed back against arguments by the New York Federal Reserve and other regulators that asset managers’ securities lending operations may pose major risks to the market and may need greater oversight.
UBS must pay $200,000 to Puerto Rico fund investor
(Reuters) – Securities arbitrators on Wednesday ordered UBS AG to pay an investor $200,000 for losses incurred by its Puerto Rico closed-end bond funds, marking one of the first rulings in a flood of cases involving the risky securities.
J.C. Penney posts narrower first quarter loss, lifts margin target
(Reuters) – Department store chain J.C. Penney Co Inc reported
Ralph Lauren Corp suffers setback in U.S. trademark fight
NEW YORK (Reuters) – Ralph Lauren Corp lost some ground on Wednesday in its long-running trademark fight with the United States Polo Association over the use of its logo depicting a horse-mounted polo player swinging a mallet.
Ford Venezuela to sell pickups, SUVs in dollars: union
VALENCIA, Venezuela (Reuters) – The Venezuela division of Ford Motor Co will sell pickups and sport utility vehicles in dollars, a union leader said on Wednesday, part of a deal with the government to restart operations stalled for lack of hard currenc…
Wall St. little changed in earnings, data lull
(Reuters) – Wall Street’s major indexes gave up early gains to end Wednesday’s session little changed as some investors stood on the sidelines waiting for the next round of economic data at the tail end of earnings season.
U.S. appeals court appears receptive to bond trader’s fraud appeal
NEW YORK (Reuters) – A federal appeals court on Wednesday signaled a willingness to overturn part or all of the conviction of a former Jefferies Group Inc trader accused of defrauding investors after the financial crisis by lying about mortgage bond pr…
White House praises new Facebook minimum wage policy for contractors
WASHINGTON (Reuters) – The White House on Wednesday praised Facebook’s new minimum wage and family leave policy, which raises minimum hourly salaries for contractors to $15 per hour.
BMW one big, happy family as squabbles damage rival Volkswagen
MUNICH/STUTTGART (Reuters) – The normally secretive family that owns BMW broke silence on Wednesday to laud the company’s seamless management transition as rival German carmaker Volkswagen inspects the damage from a bitter leadership crisis.
