Microsoft hopes new, old leaders can rekindle magic
SEATTLE (Reuters) – Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer …
Judge puts approval of BofA’s $8.5 billion mortgage settlement on hold
NEW YORK (Reuters) – A new judge presiding over Bank of America Corp’s proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal…
Puerto Rico rating cut to junk status by S&P
NEW YORK (Reuters) – Standard & Poor’s on Tuesday cut Puerto Rico’s credit rating to junk status, making it harder for the cash-strapped Caribbean island to borrow in America’s $3.7 trillion municipal bond market.
U.S. judge approves JPMorgan’s $543 million deal to settle Madoff claims
NEW YORK (Reuters) – A federal bankruptcy judge on Tuesday approved JPMorgan Chase & Co’s $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff.
U.S. trade relationships need an ‘upgrade’: Pritzker
MEXICO CITY (Reuters) – The North American Free Trade Agreement (NAFTA) and other U.S. trade relationships are outdated and need an “upgrade”, U.S. Commerce Secretary Penny Pritzker said on Tuesday during a trade visit to Mexico.
Exclusive: Deutsche fires three New York forex traders – source
NEW YORK (Reuters) – Deutsche Bank AG has fired three New York-based currency traders, in the latest sign that a probe over alleged manipulation of foreign exchange markets is gathering steam, according to a source familiar with the situation.
U.S. judge approves JPMorgan’s $543 million deal to settle Madoff claims
NEW YORK (Reuters) – A federal bankruptcy judge on Tuesday approved JPMorgan Chase & Co’s $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff.
Microsoft hopes new, old leaders can rekindle magic
SEATTLE (Reuters) – Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer …
Asia shares find tentative support, mood brittle
SYDNEY (Reuters) – Asian shares could get a welcome reprieve from selling on Wednesday as Wall Street steadied and investors in emerging markets found some backbone, tempering safe-haven bonds and the yen.
Wall Street bounces back as bargain hunters move in
NEW YORK (Reuters) – U.S. stocks rebounded on Tuesday, buoyed by encouraging earnings, as the market attempted to steady in the wake of its largest selloff in months a day earlier.
