Exclusive: JCDecaux eyes Clear Channel Outdoor European assets – sources
NEW YORK/LONDON (Reuters) – JCDecaux SA , the world’s biggest outdoor advertising group, is exploring a bid for the European advertising assets of U.S. rival Clear Channel Outdoor Holdings Inc , according to people familiar with the matter.
Amazon to use bike messengers for one-hour delivery in New York City: WSJ
(Reuters) – E-commerce giant Amazon.com Inc plans to experiment with bike messengers to offer deliveries in New York City within an hour, the Wall Street Journal reported, citing a source familiar with the matter.
U.S. sues Deutsche Bank for alleged tax fraud, seeks $190 million
NEW YORK (Reuters) – The U.S. government on Monday sued Deutsche Bank AG , seeking to recoup more than $190 million from the German bank over alleged tax fraud more than 14 years ago.
S&P 500 posts worst day since Oct; energy shares sink
NEW YORK (Reuters) – The S&P 500 posted its biggest daily percentage drop since Oct. 22 on Monday as oil’s slump to a five-year low caused a selloff in energy shares.
Operator of bitcoin stock exchange penalized by U.S. SEC
WASHINGTON (Reuters) – The operator of a stock exchange that allowed clients to use bitcoins to trade in certain securities was ordered by U.S. regulators to pay $68,000 to resolve claims that he did not register the exchanges.
Fed signals rate guidance likely to stay for now
(Reuters) – The Federal Reserve’s vow to keep interest rates near zero for a “considerable time” is likely to remain in place for now, with the U.S. central bank set to take a slow and steady approach to its first rate rise in a decade.The pledge will …
Madoff trustee loses appeal on clawbacks
NEW YORK (Reuters) – Victims of Bernard Madoff’s Ponzi scheme may recover less money than they had hoped after a federal appeals court limited the ability of the trustee liquidating the swindler’s firm to recoup “fictitious profits” and other payments …
Fed’s Lockhart says no rush to remove ‘considerable time’ from statement
ATLANTA (Reuters) – Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday he saw no rush to remove language from the central bank’s policy statement that there remains a “considerable time” before the first interest rate increase.
Uber banned from operating in Indian capital after rape accusation
NEW DELHI (Reuters) – U.S. online ride-hailing service Uber has been banned from operating in the Indian capital after a female passenger accused one of its drivers of rape, a case that has reignited a debate about the safety of women in the South Asia…
Retirement target-date funds make hedge fund style bets
(Reuters) – A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets.
