Palantir Technologies raises $196.5 million
SAN FRANCISCO (Reuters) – Data-analytics company Palantir Technologies has raised $196.5 million, the company disclosed Friday in a regulatory filing.
Wall Street falls as U.S. government faces possible shutdown
NEW YORK (Reuters) – U.S. stocks declined on Friday and the S&P 500 and Dow posted their first weekly drop in four, as Democrat and Republican lawmakers struggled to agree on an emergency funding bill to avert a U.S. government shutdown days away.
Fed doves make case for patience on tightening policy
MINNEAPOLIS/OSLO/NEW YORK (Reuters) – The Federal Reserve must be patient in deciding when to scale back bond purchases, top officials said on Friday, with one arguing it could wait “years” to lift interest rates and another suggesting it could tolerat…
eBay must face Justice Department suit over recruiting: ruling
SAN FRANCISCO (Reuters) – A U.S. judge on Friday refused eBay’s attempt to dismiss a U.S. Department of Justice civil lawsuit over its alleged agreement with Intuit to refrain from recruiting each other’s employees.
CEOs take familiar, frustrating path to Washington on budget woes
(Reuters) – Some of America’s leading CEOs are beating a familiar path to Washington to support efforts to avert a government shutdown and raise the U.S. borrowing limit, warning lawmakers that the threat of the first debt default in the country’s hist…
U.S. jobs report, other economic data would be delayed by shutdown
WASHINGTON (Reuters) – The United States will stop publishing much of its economic data next week if the government shuts down, including the closely watched monthly employment report, officials said on Friday.
Telecom Italia chief Bernabe considering resigning: source
MILAN (Reuters) – Telecom Italia Executive Chairman Franco Bernabe is considering resigning at a board meeting scheduled for Thursday, a source close to the situation said, as his plans to relaunch the heavily indebted company may not get enough backin…
Investors bet on last-minute deal to end fiscal showdown
NEW YORK (Reuters) – With a possible U.S. government shutdown days away, Wall Street still hasn’t come down with a critical case of fiscal fever despite forecasts that failure to resolve the federal budget standoff could be catastrophic.
CFTC fines Vision Financial for second time this week
CHICAGO (Reuters) – The U.S. Commodity Futures Trading Commission fined Vision Financial Markets $525,000 on Friday for illegally commingling customer money with company funds.
Bank of America fraud trial spotlights whistleblower awards
NEW YORK (Reuters) – The former executive who blew the whistle on questionable mortgage lending at Countrywide Financial Inc could reap up to $1.6 million under a law dating from the 1980s savings-and-loan crisis.
