Raytheon links with Poland’s WB Electronics in missile shield bid
WARSAW (Reuters) – U.S. weapons maker Raytheon has signed a letter of intent with Polish military software producer WB Electronics to cooperate in bidding for a contract to build Poland’s planned anti-missile system, Polish state radio said on its webs…
China industrial profits fall in August in latest weak data
SHANGHAI (Reuters) – China’s industrial profits fell 0.6 percent in August from a year earlier, reversing from July’s 13.5 percent annual rise, the government said on Saturday, the latest in a series of weak data from the world’s second-largest economy…
Goldman tightens conflict-of-interest rules
(Reuters) – Goldman Sachs Group Inc has tightened rules on investments its bankers can make in individual stocks and bonds, a company spokesman said on Friday.
Secret tapes of Fed meetings on Goldman prompt call for U.S. hearings
NEW YORK/WASHINGTON (Reuters) – An influential U.S. senator wants to hold hearings into “disturbing” issues raised by secretly taped conversations between Federal Reserve supervisors and officials at Goldman Sachs Group Inc , a bank the Fed was tasked …
Goldman tightens conflict-of-interest rules as scrutiny mounts
(Reuters) – Goldman Sachs Group Inc has tightened rules on investments its bankers can make in individual stocks and bonds, a company spokesman said on Friday, as a U.S. Senator called for hearings into the Wall Street bank’s conflict-of-interest polic…
‘Bond King’ Bill Gross quits Pimco for Janus
NEW YORK (Reuters) – Bill Gross, the bond market’s most renowned investor, quit Pimco for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than 40 years ago.
Top U.S. regulators warn banks over ‘Shellshock’ bug
WASHINGTON (Reuters) – A group of top U.S. financial regulators urged banks to quickly fix their software to protect it against the “Shellshock” computer bug, saying it could expose them to fraud.
Secret tapes of Fed meetings on Goldman prompt call for U.S. hearings
NEW YORK/WASHINGTON (Reuters) – An influential U.S. senator wants to hold hearings into “disturbing” issues raised by secretly taped conversations between Federal Reserve supervisors and officials at Goldman Sachs Group Inc , a bank the Fed was tasked …
How Bill Gross became too hot for Pimco to handle
NEW YORK (Reuters) – Bill Gross’ abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm’s executive committee that got progressively worse…
Family Dollar says state attorney generals to probe Dollar General bid
(Reuters) – Family Dollar Stores Inc said certain state attorney generals have notified the company that they will investigate larger rival Dollar General Corp’s takeover bid over competitive concerns.
