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News & Updates
September 22, 2015 After delay, Yellen faces questions over Fed message on rate hikeSource: Reuters
As the U.S. Federal Reserve's chief communicator, Chair Janet Yellen is under building pressure among her colleagues and global investors to clarify where the world's biggest central bank is heading and how it is making its...
September 21, 2015 Oil prices rise as U.S. drilling declinesSource: Reuters
Oil rose by more than 1 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion worth of planned production was uneconomic at current prices.
September 21, 2015 McDonald’s investor wants it to cut antibiotics in all meatsSource: Reuters
A McDonald’s Corp shareholder group is renewing its call for the fast-food chain to stop buying any meat from animals raised with antibiotics vital to fighting human infections.
September 21, 2015 Sustainable Investing and Fiduciary Responsibility: Conflict or Confluence?Source: CFA Institute
Do investors contravene or fulfill their fiduciary responsibility if they take sustainability into account in their investment decisions? And do they take it a step too far if they decide to divest from fossil fuels?
September 21, 2015 Bank of America is so desperate to win a potentially embarrassing vote that it's lobbying tiny shareholdersSource: Business Insider
Bank of America is facing a critical vote next week — and it looks like the board is pulling out all the stops to avoid an embarrassing defeat.
September 21, 2015 Volkswagen Drops 22% After Admitting Diesel Emissions Cheat in U.S.Source: Bloomberg
Volkswagen AG dropped the most in almost seven years after it admitted to cheating on U.S. air pollution tests for years, risking billions in potential fines and a backlash from consumers in the world’s second-biggest car market.
September 21, 2015 Dow closes off triple digits as Fed uncertainty weighs
Money Control - The pan-European Stoxx 600 index closed down 1.8 percent lower as investors digested the Fed's decision, while the German DAX shed 3 percent, putting it just shy of bear marker territory. About midway through the...
September 21, 2015 FBI launches investigation into Malaysian state fund 1MDB - WSJSource: Reuters
The U.S. Federal Bureau of Investigation (FBI) has launched an investigation into allegations of money-laundering at troubled Malaysian state fund 1MDB, the Wall Street Journal reported on Sunday citing an unidentified source.
September 18, 2015 Wal-Mart to hire 60,000 for holiday rush
Wal-Mart Stores Inc (WMT.N) said it plans to hire 60,000 seasonal employees to work at its stores in the United States, the same as last year, as it gets ready for the busy holiday selling season.
September 18, 2015 Offshore Wind Energy Can Deliver Big Carbon Cuts for Coastal StatesSource: Center for American Progress
America has already caught on to the benefits of land-based wind. It is produced domestically, is free of pollution, and becomes cheaper by the day.
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