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Goldman Sachs may pay US$2 billion to settle 1MDB probes: report

... are three federal regulators – the US Department of Justice, Securities and Exchange Commission and the Federal Reserve – and New York’s Department of Financial Services, according to the source. In a ...More

EJ Insight2019-12-20

US approves Roche's US$4.3 bln purchase of Spark Therapeutics

... orts. The Federal Trade Commission said on Monday it has approved the deal, which was originally announced in February, without requiring any asset sales to ensure the planned merger complies with ant ...More

EJ Insight2019-12-17

Boeing to suspend 737 MAX production in January

...  that the Federal Aviation Administration (FAA) would not approve the plane’s return to service before 2020. The 737 MAX has been grounded since March after two crashes in Indonesia and Ethiopia kille ...More

EJ Insight2019-12-17

US economy vastly different during Paul Volcker's time

Former Federal Reserve chairman Paul Volcker has died at 92. He headed the US central bank from 1979 to 1987 and was best known for having waged a war against inflation and pushed interest rates to ov ...More

EJ Insight2019-12-12

Fed keeps rates on hold, says economic outlook 'favorable'

The US Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs will not change anytime soon, with moderate economic growth and historically low unemployment expected to pe ...More

EJ Insight2019-12-12

US senators threaten Facebook, Apple with encryption regulation

...  when the Federal Bureau of Investigation sought access to an iPhone owned by a slain sympathizer of Islamic State in San Bernardino, California, who had murdered county employees. That stand helped b ...More

EJ Insight2019-12-11

Huawei CFO wins Canada court fight over arrest-related documents

... of the US Federal Bureau of Investigation (FBI). In her ruling released on Tuesday, Holmes wrote that she found the evidence tendered by the attorney general to have “notable gaps”, citing the example ...More

EJ Insight2019-12-11

Apple worries ex-staffers accused of IP theft will flee to China

Apple told a US federal court on Monday that it has "deep concerns" that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if th ...More

EJ Insight2019-12-10

Amazon lawsuit blames Trump for loss of Pentagon cloud contract

...  Court of Federal Claims, Amazon said Trump launched "repeated public and behind-the-scenes attacks to steer" the Pentagon cloud contract called the Joint Enterprise Defense Infrastructure, popularly ...More

EJ Insight2019-12-10

Global financial watchdogs take aim at Big Tech's data dominance

... haired by Federal Reserve Governor Randal Quarles, said in the report. The FSB said players, including Microsoft, Amazon, eBay, Baidu, Apple, Facebook and Tencent, have massive databases, while some o ...More

EJ Insight2019-12-09

Tesla's Musk wins defamation trial over his 'pedo guy' tweet

Tesla Inc. chief executive Elon Musk emerged victorious from a closely watched defamation trial as a federal court jury swiftly rejected the US$190 million claim brought against him by a British cave ...More

EJ Insight2019-12-09

US cracks down on Russian hackers after US$100 million spree

...  Russia’s Federal Security Service (FSB), its domestic intelligence agency, and stole classified material on Moscow’s behalf. One senior US Treasury official said he had even applied to the FSB for a ...More

EJ Insight2019-12-06

Facebook sues HK firm ILikeAd, alleges ad fraud

... ed in the federal court in San Francisco on Thursday seeks unspecified damages and a Facebook ban. Facebook said this kind of lawsuit is rare, and that it has since April notified hundreds of thousand ...More

EJ Insight2019-12-06

Homeland Security proposing airport face scans for US citizens

... tion. The federal agency then needs to review and respond to comments, a process that can be time-consuming for major regulations. The Trump administration also said in its regulatory agenda that it p ...More

EJ Insight2019-12-03

Trump announces tariffs on Brazil and Argentina steel, aluminum

... urged the Federal Reserve to lower interest rates so countries “no longer take advantage of our strong dollar. Lower Rates & Loosen – Fed!” Trump has repeatedly urged the US central bank to lower ...More

EJ Insight2019-12-03

The billionaire problem

...  post-war federal government’s strategic investments in basic science spurred remarkable private-sector innovation – including productivity gains and widely shared increases in wages. Vast new fortune ...More

EJ Insight2019-12-02

Fiat Chrysler reaches tentative labor deal with UAW

... ated to a federal corruption probe could also raise doubts among union members about the terms agreed. The federal corruption led GM to file a racketeering lawsuit against FCA, alleging that its rival ...More

EJ Insight2019-12-02

FAA to be sole issuer of new 737 MAX airworthiness certificates

The Federal Aviation Administration said it notified Boeing Co. that the agency will be the only issuer of airworthiness certificates for all new 737 MAX planes, a role that it had shared with the air ...More

EJ Insight2019-11-27

澳婦墮網戀被騙運毒 大馬終極上訴獲釋放

... 院馬來西亞聯邦法院(Federal Court)周二又推翻上訴庭判決,改判她無罪釋放。   ...全文

今日信報EJ Global2019年11月27日

【EJFQ信析】特鮑會未見火花 港股料好頭好尾

... ll of the Federal Reserve. Everything was discussed inc ...全文

即時新聞即巿股評2019年11月26日

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