Eight arrested in Britain over alleged Barclays theft
LONDON (Reuters) – Eight men have been arrested over the alleged theft of 1.3 million pounds ($2.1 million) by taking control of a Barclays branch computer system, in a “rapidly evolving” field of cyber crime, British police said on Friday.
Exclusive: Inside Nasdaq’s succession planning process
(Reuters) – For more than two years, a recurring question has gnawed at the board of Nasdaq OMX Group Inc: If Chief Executive Bob Greifeld were to leave, who would step into his shoes?
BOJ governor Kuroda gives positive outlook for overseas economies
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda offered a positive outlook for overseas economies, including the United States, saying on Friday growth would gradually pick up and support Japanese exports.
Goldman hit by debt auction error at New York Fed: FT
(Reuters) – Goldman Sachs was hit by a clerical error at the New York Federal Reserve that left the bank without any of the three-month Treasury bills it ordered at a debt auction, the Financial Times reported, citing people familiar with the matter.
Microsoft CEO Ballmer bids emotional farewell to Wall Street
(Reuters) – Microsoft Corp Chief Executive Steve Ballmer has made an impassioned plea to investors to support his vision of the world’s largest software company as a unified devices and services powerhouse in his swan song before Wall Street.
Former U.S. auto czar Ron Bloom to advise Detroit retirees
DETROIT (Reuters) – Detroit’s retirees have bolstered their defenses against benefit cuts in the city’s bankruptcy case by hiring Ron Bloom, a chief architect of the Obama administration’s 2009 U.S. auto bailout and long-time adviser to unions in indus…
Empire State Building REIT nears IPO date
NEW YORK (Reuters) – After a nearly two-year journey, the price for the public to own a piece of New York’s Empire State Building is close at hand.
Home Depot to tap health insurance exchanges for part-timers
(Reuters) – Home Depot Inc is shifting medical coverage for part-time workers to new public marketplace exchanges ahead of new benefits requirements under the U.S. Affordable Care Act, a spokesman said on Thursday.
By standing pat, Fed’s Bernanke leaves successor with no map
NEW YORK/SAN FRANCISCO (Reuters) – Federal Reserve Chairman Ben Bernanke’s shock announcement on Wednesday that the U.S. central bank was not ready to pare back its stimulus program could make it more difficult for his successor to navigate the Fed’s w…
Japan government plans to offer more than $14 billion in corporate tax cuts: media
TOKYO (Reuters) – Japan’s government will include more than $14.1 billion in corporate tax cuts in an economic stimulus package intended to offset the blow from planned sales tax hikes, the Nikkei newspaper reported on Friday.
