IBTimes Australia : New York Topic

NSA Chief Defends Surveillance Programmes in Hearing

Wed, 19 Jun 2013 15:58:39 +1000

NSA head Keith Alexander says Washington thwarted more than 50 terror attacks since 9/11 with help of surveillance programmes.

Fed seen keeping options open on pace of bond buying

Wed, 19 Jun 2013 15:14:01 +1000

Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labour market continues to improve.

Janet Yellen: The Fed's Next in Line; Poised to be the Most Powerful Woman In the World

Wed, 19 Jun 2013 14:31:15 +1000

As Fed chief Ben Bernanke is about to step down from his post, a relatively unknown woman is expected to take his post.

Empire State Building gets 'left-field' $2 billion offer to sell

Wed, 19 Jun 2013 13:42:02 +1000

A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about three weeks after investors in the iconic building approved a plan to take the tower public in a real-estate investment trust.

Samsung’s June 20 Event is No Unpacked Episode 2: Galaxy Note 3 Release Date to Come Later

Wed, 19 Jun 2013 13:28:43 +1000

Samsung calendared an event on June 20 but until now, indications are glaringly absent that it will host a major device unveiling such as the eagerly awaited Galaxy Note 3 release date.

Asian Session Notes 6/19/13

Wed, 19 Jun 2013 12:21:02 +1000

GBPUSD Resistance: 1.5638 moderate / 1.5656 minor / 1.5689 moderate Support: 1.5600(05) strong / 1.5557(65) moderate / 1.5514 moderate Cable saw a sharp sell-off Tuesday with the drop taking us under 1.5600 for a while opening the possibility further easing in GU.

Kodak prepares $406 million offering as it eyes bankruptcy exit

Wed, 19 Jun 2013 11:00:05 +1000

Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million (259.7 million pounds) rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.

Jackie Chan Death 2013: Old and Fake Death Reports Surfaced Again to Haunt Chinese Actor [PHOTOS]

Wed, 19 Jun 2013 10:03:00 +1000

The old and fake death reports on Chinese actor Jackie Chan surfaced again and it caused another round of confusion, shock and anger to the family, friends and fans of the “Rush Hour” star. Jackie Chan, 59, allegedly died from a heart attack but the actor issued a statement for the nth time to refute the celebrity death hoax report.

Inside Ben Bernanke’s Doomsday Device

Wed, 19 Jun 2013 09:18:17 +1000

Those who think the world is warming up should visit Edinburgh. It is a city made of stone. Yellow stone. Brown stone. Almost black stone. Almost every building is built of stone. And the entire city sits on a rock.

Dish abandons Sprint bid to focus on Clearwire

Wed, 19 Jun 2013 08:49:03 +1000

Dish Network Corp said on Tuesday that it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel and focus instead on its tender offer for Clearwire Corp

Deloitte to pay NY $10 million for misconduct over Standard Chartered

Wed, 19 Jun 2013 07:42:03 +1000

Deloitte LLP's financial advisory unit will pay $10 million (6.3 million pounds) and refrain for one year from new business with certain New York banks to settle accusations over its review of money laundering controls at Standard Chartered Bank.

Ex-fund managers can remain free during U.S. insider trading appeal

Wed, 19 Jun 2013 06:49:03 +1000

Two former hedge fund managers persuaded a U.S. appeals court on Tuesday to allow them to remain free on bail as they seek to have their insider-trading convictions thrown out.

Wall St. extends rise, investors see no change in Fed policy

Wed, 19 Jun 2013 06:42:03 +1000

Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.

Exclusive: Facebook reaches 1 million active advertisers

Wed, 19 Jun 2013 06:42:03 +1000

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Exclusive - Facebook reaches 1 million active advertisers

Wed, 19 Jun 2013 06:42:03 +1000

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Deloitte to pay $10 million to settle misconduct accusations

Wed, 19 Jun 2013 06:35:04 +1000

A financial advisory unit of Deloitte LLP has agreed to pay $10 million and accept other New York state penalties to settle accusations of misconduct related to an investigation of money laundering at Standard Chartered Bank.

Huawei says has no plans to buy Nokia

Wed, 19 Jun 2013 06:21:03 +1000

Chinese network equipment and cellphone maker Huawei Technologies Co said it "has no plans to acquire Nokia", responding to a Financial Times report that it would consider buying the Finish phone maker.

NSA head, lawmakers jointly defend U.S. surveillance programs

Wed, 19 Jun 2013 05:21:02 +1000

The head of the National Security Agency on Tuesday said U.S. surveillance programs had helped disrupt more than 50 possible attacks since September 11, 2001, as sympathetic members of Congress also defended the use of the top-secret spying operations.

Deloitte, NY settle over review of Standard Chartered money laundering

Wed, 19 Jun 2013 05:21:02 +1000

A financial advisory unit of Deloitte LLP has agreed to pay $10 million (6.3 million pounds) and accept other New York state penalties to settle accusations of misconduct related to an investigation of money laundering at Standard Chartered Bank.

Wall St. rises on hopes of Fed status quo

Wed, 19 Jun 2013 03:56:04 +1000

Stocks climbed on Tuesday, led by growth-oriented sectors, as investors took an optimistic view that the Federal Reserve will temper recent statements pointing to the future reduction of monetary support.

NSA head says U.S. surveillance thwarted more than 50 attacks

Wed, 19 Jun 2013 02:35:04 +1000

The head of the U.S. National Security Agency on Tuesday defended the broad surveillance of Americans' phone and Internet data as a vital security tool and said it had helped disrupt possible attacks more than 50 times since September 11, 2001.

Wall St. rises before Fed meeting to consider stimulus

Wed, 19 Jun 2013 02:35:03 +1000

Stocks rose on Tuesday, led by growth-oriented sectors, as Federal Reserve policymakers gathered for a two-day meeting to discuss the future of the Fed's bond-buying to stimulate the economy.

Angelina Jolie's Stunt Double Eunice Huthart Sues News Corp in US over Phone Hacking

Wed, 19 Jun 2013 02:22:09 +1000

British stuntwoman lodges first hacking claim in US against Rupert Murdoch's media empire.

Lesbian Rock Singer Melissa Etheridge: Angelina Jolie Not Brave to Opt for Double Mastectomy

Wed, 19 Jun 2013 02:13:15 +1000

Breast cancer survivor Etheridge says Jolie’s mastectomy decision was 'fearful'.

Rebalance of Russell index to bring volume surge at quarter-end

Wed, 19 Jun 2013 02:00:08 +1000

Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds.

Deloitte settles with New York over Standard Chartered money laundering

Wed, 19 Jun 2013 01:56:04 +1000

Deloitte Financial Advisory Services settled with New York's banking regulator over its consulting work for Standard Chartered Bank on money-laundering issues.

Angelina Jolie stunt double sues News Corp over hacking

Wed, 19 Jun 2013 01:49:03 +1000

A stunt double for Oscar-winning actress Angelina Jolie has sued News Corp over allegations its British newspapers hacked her phone, the first lawsuit in the United States against the company since a hacking scandal broke out two years ago.

M&T Bank to fix anti-money laundering flaws, Fed says

Wed, 19 Jun 2013 01:21:02 +1000

M&T Bank Corp will put a comprehensive plan in place to fix problems with its anti-money laundering policies that had caused regulators to put a hold on its $3.7 billion bid to buy Hudson City Bancorp.

Wall Street little changed ahead of Fed meeting

Tue, 18 Jun 2013 23:49:04 +1000

Stocks edged up in morning trading on Tuesday ahead of the start of a highly-anticipated Federal Reserve meeting.

Wall Street to drift ahead of Fed meeting

Tue, 18 Jun 2013 23:28:03 +1000

Stocks were set to tick up at the open on Tuesday ahead of the start of a highly-anticipated Federal Reserve meeting.