MUMBAI, March 8- Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service despite some recent financial problems.» Read More
SAN FRANCISCO, Sept 19- On-demand ride services got the green light from California regulators on Thursday in a move the services hope will help clarify their legal status in other jurisdictions.
WASHINGTON, Sept 19- Insurer Prudential Financial Inc said on Thursday that U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
WASHINGTON, Sept 19- For a central bank that prides itself on transparent communications, the U.S. The possibility of a trim to the Fed's $85 billion monthly pace of bond purchases in September had been pretty widely telegraphed by officials. "Credibility requires consistency," said Michael Cloherty, head of U.S. rates strategy at RBC Capital Markets.
*Proposed rule is subject to SEC approval. Sept 19- Wall Street brokers must keep their clients in the loop about bonuses they receive when the brokers switch firms, under a preliminary measure approved by the Financial Industry Regulatory Authority's board on Thursday.
SAN FRANCISCO, Sept 19- On-demand ride services got the green light from California regulators Thursday in a move the services hope will help clear their legal status in other jurisdictions. The California Public Utilities Commission created a new category called " Transportation Network Company" that will cover businesses such as Lyft, SideCar and UberX.
Sept 19- The New York Times Co board of directors initiated a quarterly dividend, ending a four-year dry spell for its investors and the family that controls the company.
Sept 19- Warren Buffett said on Thursday he would recommend reappointing Ben Bernanke as Federal Reserve chairman, while adding that low interest rates have inflated asset values and complicated his hunt for investments at his company Berkshire Hathaway Inc..
Sept 19- The "London Whale" trading scandal, once dismissed as a "tempest in a teapot" by JPMorgan Chase& Co CEO Jamie Dimon, is costing the largest U.S. bank $920 million in penalties and a rare public admission of wrongdoing.
RIO DE JANEIRO, Sept 19- Brazil's planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, deep-pocketed oil companies with experience in the region declined to sign up for the sale.
WASHINGTON, Sept 19- Two Fujikura Ltd executives were indicted in Detroit Thursday on charges that they conspired to fix the prices of parts used in automotive electrical systems, the U.S. Justice Department said. Fujikura had pleaded guilty to price fixing in 2012 and was fined $20 million.
NEW YORK/ SAN FRANCISCO, Sept 19- Federal Reserve Chairman Ben Bernanke's shock announcement on Wednesday that the U.S. central bank was not ready to pare back its stimulus program could make it more difficult for his successor to navigate the Fed's way out of its extraordinarily aggressive policy.
LONDON, Sept 19- Producers of high-tech products from MRI scanners to semiconductors are breathing a sign of relief after U.S. lawmakers acted on Thursday to prevent the shutdown of a 90- year-old helium reservoir in Texas.
*JPMorgan slips; bank to pay regulators $920 million in penalties. *Agilent jumps, to spin off part of its business. "It's not unusual, no matter what the circumstance is, for markets after a big up day or a big down day to level out," said Keith Bliss, senior vice-president at Cuttone& Co in New York.
BEIJING, Sept 20- Alibaba Group Holding Ltd's online mutual funds platform, which launched in June allowing customers to buy and sell a single money market fund, is set to attract more than 20 billion yuan by the end of this month.
Sept 19- Insurer Prudential Financial Inc said the U.S. financial risk council has designated the company as systemically risky in a final vote, bringing it under stricter regulatory oversight.
NEW YORK, Sept 19- Oil fell sharply on Thursday after a bout of buying to cover short positions ended and traders refocused on increased Libyan production and dwindling geopolitical concerns about Iran.
*Gold seen bottoming on charts. NEW YORK/ LONDON, Sept 19- Gold rose to one-week highs on Thursday, extending the previous session's 4.2 percent rally, lifted by technical buying and short-covering a day after the U.S.
WASHINGTON, Sept 19- The prospects of Ron Binz taking the reins at the Federal Energy Regulatory Commission dimmed on Thursday when Senate Republican Leader Mitch McConnell said he would "work to defeat" the former Colorado regulator. Joe Manchin, a Democrat from West Virginia, another coal-rich state, on Wednesday said he would not vote for Binz.
NEW YORK, Sept 19- The U.S. dollar rose on Thursday while Wall Street shares mostly edged lower, a day after a sharp rally driven by the Federal Reserve's unexpected decision to maintain its stimulus program. Wall Street hit record highs on Wednesday.
*Third-quarter adjusted earnings $0.28/ share vs est $0.22. Sept 19- Business software maker Tibco Software Inc reported better-than-expected quarterly results due to growth in its infrastructure business, sending its shares up 6 percent in extended trading.