Two court cases in Colorado say employers can fire workers for using medicinal marijuana off the job, but it could take years to settle the law.» Read More
SYDNEY, Dec 2- Commodity currencies were the star performers early in Asia on Monday in what would otherwise have been a featureless start to a heavy week of central bank policy meetings.
US hedge fund managers are looking to introduce new investment vehicles as investors scorn low bond yields.
LONDON, Nov 29- More than 3,500 bankers in Europe earned 1 million euros or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country.
LONDON, Nov 29- More than 3,500 bankers in Europe earned 1 million euros or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country. The latest data from the European Banking Authority shows that 3,529 bankers in the EU earned at least 1 million euros in 2012, up 11 percent in 2011..
LONDON, Nov 28- In the 1990 s, London- based investment banks rewarded top employees with gold bars, fine wine and oriental carpets to dent the impact of higher payroll taxes.
Bank of America Corp. fell$. 05 or. 3 percent, to $15.83. Citigroup Inc. rose$. 04 or. 1 percent, to $53.05. Goldman Sachs rose$. 73 or. 4 percent, to $168.22.
"There's a few areas where we think there are tailwinds to help us along," BlackRock's David Cassese says.
Nov 27- CVS Caremark Corp will buy drug infusion services provider Coram LLC for $2.1 billion, allowing the company to bolster its pharmacy benefits management business by offering cost-effective delivery of specialty drugs.
Nov 27- The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-wide investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery laws, according to people familiar with the matter.
Think of Black Friday doorbusters as a starting point. Here's how you can save even more.
Editor: Maureen Bavdek +1 646-223-6200 Global Picture Desk:+ 65 6870 3775 Global Graphics Desk:+ 65 6870 3595. WASHINGTON- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering signs of a steady improvement in the labor market.
BERLIN, Nov 27- Chancellor Angela Merkel clinched a coalition deal with the Social Democrats on Wednesday that rolls back decade-old reforms of the German welfare state but preserves Berlin's strict approach towards struggling European partners.
A report has raised the once-unthinkable possibility that banks could start charging customers for deposits. USA Today reports.
Morgan Stanley is the latest U.S. bank probed for its hiring practices in China, according to a person familiar with the matter.
Happy Wednesday. Gobble gobble.
The fallout from the subprime mortgage crisis continues to plague U.S. banks, according to Standard and Poor's.
*Conservatives, SPD make breakthrough after month of talks. *Merkel could form her third government by Christmas. BERLIN, Nov 27- Chancellor Angela Merkel's conservatives and the centre-left Social Democrats clinched a coalition deal early on Wednesday that puts Germany on track to have a new government in place by Christmas.
NEW YORK/ LONDON, Nov 27- JPMorgan Chase& Co decided in May to divest its Henry Bath metal warehousing company after a three-year struggle to conform the business to banking regulations, according to letters received by Reuters through a Freedom of Information Act request.
Federal Reserve was pressing JPMorgan Chase& Co to distance itself from its metals warehousing business more than a year ago, documents seen by Reuters show, long before the issue became a focal point in the debate over Wall Street's role in physical commodities trading.
Eight of the top U.S. banks, including JPMorgan Chase& CO and Bank of America Corp, may have an additional exposure of between $56.5 billion and $104 billion in potential mortgage-related payouts, the S&P report said.