Analysis: Questions Yellen will likely face for Fed confirmation
WASHINGTON (Reuters) – U.S. lawmakers unhappy with the Federal Reserve will have a prime opportunity to vent their concerns when the Senate Banking Committee vets Janet Yellen as next chair of the Fed, which has become a lightning rod for criticism of …
Fed officials split on policy, united on default danger
ST LOUIS/ BOISE, Idaho (Reuters) – While officials of the Federal Reserve have sparred over whether the U.S. central bank should continue full-bore with its massive bond-buying stimulus, two Fed officials with differing policy views agreed on Thursday …
Former examiner sues NY Fed for alleged Goldman Sachs-related firing
NEW YORK (Reuters) – A former senior bank examiner at the Federal Reserve Bank of New York filed a wrongful termination lawsuit on Thursday, saying she was fired after refusing to alter a critical examination of Goldman Sachs Group Inc .
US Airways, American should not get merger papers: U.S. special master
WASHINGTON (Reuters) – US Airways and American Airlines should not get most of the key documents they requested from the government in a legal fight with the Justice Department about merging, a special master assisting the judge in the case said on Thu…
China pilot scheme aims to shatter assumption; investments are not guaranteed
SHANGHAI (Reuters) – China will launch a pilot programme next week aimed at shattering a widespread assumption among Chinese investors that products, even high-yield ones, provide guaranteed returns when offered by state-owned banks, sources said.
U.S. government shutdown could delay Keystone XL pipeline review
WASHINGTON (Reuters) – The U.S. government shutdown could delay President Barack Obama’s decision on the Keystone XL pipeline that would help link Canada’s oil sands to refineries in Texas, a State Department official said on Thursday.
Exclusive: VW divided on union for U.S. plant but worker vote a must
DETROIT (Reuters) – Volkswagen AG’s top executives are divided over whether and how workers at the company’s Tennessee assembly plant should be represented by a union, but ultimately will insist on a formal vote by those employees, a person with knowle…
U.S. retailers’ September sales rise modestly, shoppers wary
NEW YORK (Reuters) – U.S. shoppers remained cautious in September, gravitating toward bargains as their confidence took a hit from political strife in Washington and slow job growth, just weeks ahead of the start of the holiday season.
Boeing restructures commercial airplane strategy, marketing
NEW YORK (Reuters) – Boeing Co said on Thursday that it will restructure its commercial airplane strategy and marketing functions, just days after the company lost a $9.5 billion order in Japan, previously its most secure market.
Mexico telecom law should cut Slim market share below 50 percent: lawmaker
MEXICO CITY (Reuters) – Mexico’s new telecoms reform should be able to reduce tycoon Carlos Slim’s share of the local mobile phone market to less than 50 percent in the next five years, an influential opposition lawmaker said on Wednesday.
