Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil» Read More
The documents show that a JPMorgan program designed to prevent questionable hiring practices was ultimately viewed inside the company as "a gateway to doing business with state-owned companies in China," the Times said, adding that it had reviewed copies of the emails and computer spreadsheets.
SAN FRANCISCO, Dec 4- Google Inc has quietly acquired more than a half-dozen companies for a new robotics groups led by Andy Rubin, formerly in charge of Google's popular mobile software, according to a report in the New York Times on Wednesday. A Google spokeswoman declined to comment.
BEIJING, Dec 4- The movements of the eldest son of retired Chinese domestic security chief Zhou Yongkang have been restricted while he helps with a corruption investigation, three sources said, a case that could cause division within the ruling Communist Party.
WASHINGTON, Dec 4- Wal-Mart Stores Inc is paying for lawyers to represent more than 30 of its executives involved in a foreign corruption investigation, according to people familiar with the matter, an unusually high number that shows the depth of the federal probe.
Dec 2- New York State's financial regulator, Benjamin Lawsky, sent subpoenas to 16 lead generator websites that sell sensitive consumer data to payday lenders, the latest development in a broader crackdown on the payday lending industry, the New York Times reported.
BERLIN, Nov 29- No German politician of the post-war era has had such a meteoric rise, and precipitous fall from grace, as Karl-Theodor zu Guttenberg, the Bavarian baron who fled Berlin for New York in 2011, his career in tatters over accusations of plagiarism.
There's been a huge upheaval in the media landscape. BuzzFeed's Jon Steinberg weighs in on what the future will look like.
NEW YORK Nov 26- New York Times Co Chief Executive Officer Mark Thompson said the publisher is going to keep all its money losing operations under review- including those in China- as he seeks to negotiate the newspaper's increasing shift towards a digital landscape.
*FDA: tests have not received marketing clearance. In a warning letter dated Nov. 22 and released on Monday, the FDA said products that are designed to diagnose, mitigate or prevent disease are medical devices that require regulatory clearance or approval, "as FDA has explained to you on numerous occasions."
Nov 25- Anchorwoman Katie Couric, who has hosted high-profile programs on all three major U.S. television networks, will head a team of global correspondents and help shape news coverage at Yahoo Inc., the Internet company announced on Monday. Couric will join Yahoo next year as global anchor while continuing to host her talk show on the ABC television network.
NEW YORK, Nov 25- In May 2012, Chen Guangcheng, the Chinese dissident, was getting ready to journey to New York after his improbable escape from house arrest. About a week before his arrival, an Evangelical Christian pastor from Texas and a New York University law professor took a walk in Central Park.
HONG KONG, Nov 19- JPMorgan Chase& Co has withdrawn from the syndicate of banks working on a $2 billion listing by China Everbright Bank Co in Hong Kong, a person familiar with the matter told Reuters. JPMorgan's withdrawal comes as it faces a number of investigations by U.S. regulators, including a probe into its hiring practices in China.
Dallas, Nov 18- Top cardiologists who devised new U.S. guidelines for reducing risk of heart disease strenuously defended their risk-calculation tool from criticism that it greatly overestimates health risks and the need to be treated with cholesterol lowering statin drugs.
Dallas, Nov 18- Top cardiologists who devised new U.S. guidelines for reducing risk of heart disease strenuously defended their risk-calculation tool from criticism that it greatly overestimates health risks and the need to be treated with statins.
New media websites are on a roll, showered with dollars from venture capitalists betting that they will crack the advertising market.
NEW YORK, Nov 17- New media websites from BuzzFeed to Business Insider are on a roll lately, showered with dollars from venture capitalists betting that they will crack an advertising market that has stymied traditional media companies.
Nov 15- The U.S. Central Intelligence Agency is collecting records of international money transfers under the same law that the National Security Agency uses to collect Americans' phone and Internet records, the New York Times and Wall Street Journal reported on Thursday.
NEW YORK, Nov 14- Hedge funds including Eton Park Capital Management and Ellington Management Group took new positions in Sotheby's during the third quarter, joining activist investor Daniel Loeb as he pushes for change at the 269- year-old auction house.
NEW YORK/ HONG KONG, Nov 14- JPMorgan Chase& Co paid $1.8 million over two years to a small consulting firm run by the daughter of former Chinese Premier Wen Jiabao, The New York Times reported on Thursday, a relationship that is part of a wider U.S. probe into the Wall Street bank's hiring practices in the region.
*JPMorgan had 2006-08 contract with consultancy run by Lily Chang- NYTimes. HONG KONG, Nov 14- JPMorgan paid $1.8 million over two years to a small consulting firm run by the daughter of former Chinese Premier Wen Jiabao, The New York Times reported on Thursday, a relationship that is part of a wider U.S. probe into the Wall Street bank's hiring practices in the region.