Getty Images Executives from the financial institutions who received TARP funds, (L-R) Goldman Sachs Chairman and CEO Lloyd Blankfein, JPMorgan Chase & Co CEO and Chairman Jamie Dimon, The Bank of New York Mellon CEO Robert P. Kelly, Bank of America CEO Ken Lewis, State Street Corporation CEO and Chairman Ronald Logue, Citigroup CEO Vikram Pandit, Wells Fargo President and CEO John Stumpf testify before the House Financial Services Committee February 11, 2009 in Washington, DC. During the recent campaign, President-elect Donald Trump discussed financial regulatory issues in broad terms. He mentioned reinstating the Glass–Steagall Act for big banks, repealing…
Author: Deep
Since Election Day, stocks have been roaring in — Russia. Russian stocks are up 16 percent since Nov. 8, based on the performance of the RSX Van Eck Vectors Russia ETF, while the other emerging markets are down 6 percent collectively, as measured by the iShares MSCI Emerging Markets ETF EEM. ADVERTISING inRead invented by Teads Oil’s rise above $50 has helped Russia, which depends on its energy industry to remain solvent. President-elect Donald Trump is also expected to push for better relations with Moscow, which U.S. intelligence agencies say hacked into the Democratic National Committee’s emails in an effort…
Sumner Redstone, 93-year-old chairman emeritus of Viacom, is stepping down from the media giant’s board, the company said Friday. Redstone, the controlling shareholder of Viacom and CBS, will leave the board in February following the company’s annual meeting, but he will continue to participate in meetings in a nonvoting role, according to a Viacom filing with the Securities and Exchange Commission. ADVERTISING inRead invented by Teads Last February, the CBS board announced his resignation as executive chairman and appointed CEO Les Moonves as his successor. A day later, Viacom named Redstone chairman emeritus and CEO Philippe Dauman as his successor…
Philippine President Rodrigo Duterte told the United States on Saturday to prepare for the eventual repeal of a military deal that allows Washington to deploy troops and equipment for exercises in the country. Duterte also said the Philippines can survive “without American money” after a U.S. aid agency put on hold a decision to fund anti-poverty programmes in the country. ADVERTISING inRead invented by Teads “We do not need you,” Duterte said in a news conference after arriving from visits to Cambodia and Singapore. “Prepare to leave the Philippines. Prepare for the eventual repeal or abrogation of the VFA.” source”cnbc”
Lacker: Fed will likely need more than 3 hikes in 2017 Friday, 16 Dec 2016 | 1:45 PM ET | 01:09 The Federal Reserve will likely need to raise interest rates more than three times next year and faces challenges in gradually cooling off the U.S. economy, Richmond Fed President Jeffrey Lacker said on Friday. “If we get behind, it’s hard to really calibrate,” Lacker said during a panel discussion in Charlotte, North Carolina. ADVERTISING inRead invented by Teads The U.S. central bank raised its target range for rates by a quarter of a point on Wednesday and projected three more…
Three women from different parts of India, Shweta Khatti, Bhakti Sharma, and Aishwarya Pissay, won this year’s Achievers Award. In picture, Shweta Khatti (Image source: facebook.com/Shweta-Katti) RELATED STORIES Internet surfing decreases academic performance, says study Tribal youths convince parents to send children to school All semester exams postponed due to Cyclone Vardah: Anna University Poor standards of learning puts parliamentary panel in dilemma Proposed Skill Development Institute expected to function from ITI Berhampur The Indus Entrepreneurs (TiE) announced the winners of the 8th TiE- Aspire Young Achievers Award today on the first day of the TiE Global Summit 2016. Three…
A fresh study conducted by the Praja Foundation regarding the quality of education in public schools, reveals the government schools in abysmal condition when 45.08 per cent of students failed to even attend 10th grade in the 2015-16 academic session. Government schools RELATED STORIES Tribal youths convince parents to send children to school All semester exams postponed due to Cyclone Vardah: Anna University Poor standards of learning puts parliamentary panel in dilemma Proposed Skill Development Institute expected to function from ITI Berhampur Digital Financial Literacy Campaign observes participation of over one lakh students A worrying trend within the realm of…
Like Game of Thrones, Telltale’s Batman tries to escape the constraints of its well-established universe but ends up falling into the same patterns and railroading the player through a story devoid of… I’m starting to think that the more high-profile the source material, the worse the Telltale adaptation. It’s not a hard and fast rule, I guess. The Walking Dead gets a pass because it was the first of the modern-era Telltale games, and people love Tales From the Borderlands. But Game of Thrones was the first Telltale game to really underwhelm, and with Batman’s fifth and final episode now…
Between the introduction of the Shield lineup, GeForce Experience 3.0’s mandatory registration, and the arrival of GeForce Now’s cloud-based PC game streaming, it’s clear that Nvidia’s been striving to position itself as a one-stop gaming ecosystem for PC gamers, rather than a mere purveyor of graphics cards. Now, what appears to be an accidental TMI outburst at the end of a recent Nvidia job posting pulls back the curtain on exactly how the company’s approaching “gamer loyalty”—and hints at unannounced GeForce products that may be on the horizon, including a premium “GeForce Elite” membership and the hotly anticipated GeForce GTX…
We’re slowly but steadily heading towards foldable smartphones and Samsung might be the pioneer in the field. It won’t be alone, though, that’s for sure, as LG Display is developing foldable OLED panels itself, with some heavyweight device manufacturers joining its team. A report out of South Korea states that LG’s Display subsidiary has partnered up with Apple, Google, and Microsoft for the task of creating foldable display panels. The company’s own smartphone division is also on board. It’s not the first time we’re hearing about LG’s endeavors in the foldable display space. It’s actually been years since the company…