Investment Service News
Investment Services news continually updated from thousands of sources around the net.
1 hr ago | Reuters
Carlyle Group LP has agreed to pay $115 million to settle a lawsuit accusing it of conspiring with other buyout firms not to outbid each other on some takeovers that occurred prior to the financial crisis, a person familiar with the matter said on Friday.
5 hrs ago | The Tribune
Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle.
9 hrs ago | Reuters
Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.
9 hrs ago | JD Supra
In what is being reported as the largest settlement ever between the U.S. and a single business entity, Attorney General Eric Holder and Associate Attorney General Tony West announced Thursday that Bank of America Corp. has agreed to pay $16.65 billion to settle accusations by the Department of Justice that it, as well as Countrywide Financial ... (more)
16 hrs ago | The Columbus Dispatch
Dairy Queen has become the latest victim of computer hackers bent on pilfering customers' credit and debit card information.
20 hrs ago | Bangkok Post
Traders may ship raw Thai sugar equivalent to 16% of the global surplus against October contracts on the ICE Futures US exchange, the first deliveries since 2012.
JPMorgan Chase said Thursday that it was cooperating with law-enforcement officials to determine the scale of reported cyber attacks against US financial institutions.
A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.
Investment firm Oaktree Capital Management LP has become majority shareholder of Timbers Resorts, a Colorado developer and operator of hotels and residence clubs, Timbers announced Thursday.
Gold-backed funds that heralded record prices in 2011 and last year's biggest sell-off in three decades are becoming less useful as market predictors.
China is considering providing as much as 100 billion yuan in government funding to build electric-vehicle charging facilities and spur demand for clean cars, according to two people familiar with the matter.
Local shares are set to open lower as momentum faded in both Europe and on Wall Street though major benchmarkets hover near record highs.
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Square, led by Twitter co-founder Jack Dorsey, is reportedly raising $200 million in new funding that places the value of the company at $6 billion, up 20 percent from earlier this year.
Director Joshua Oppenheimer 's documentary The Act of Killing was not only one of the best films of last year, but also one of the most harrowing, disturbing, and impactful documentaries ever made.
Major U.S. stock indexes edged higher in morning trading Wednesday, drifting slightly from the record highs the day before.
The Russian billionaire's investment firm DST Global invested in Snapchat earlier this year at a $7 billion valuation, according to two people familiar with the matter.
Updated: Fri Aug 29, 2014 08:30 pm
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