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Wall Street

CEO exit seen perfect time for Singapore bourse to lose regulatory role

* Calls grow for new securities regulator * SGX's stock trading volumes fell 21 pct in 2014 * Stock market struggled after penny stock scandal (Adds Monetary Authority of Singapore comment in paragraph 8) By Anshuman Daga and Rachel Armstrong SINGAPORE, Feb 27 (Reuters) - Singapore Exchange Ltd (SGX) may have just begun its search for a new CEO but investors and brokers already know what change they want to see: the bourse stripped of its regulatory powers and a rebuilding of its stock market business. Unlike other major financial markets, Singapore does not have a dedicated securities watchdog. Instead SGX is the front-line regulator and is in turn regulated by the central bank, the Monetary Authority of Singapore.

Buffett, a cheerleader for America, takes his checkbook abroad

Financial investor Warren Buffett is acknowledged during an announcement ceremony at Northwestern University in EvanstonBy Luciana Lopez and Jonathan Stempel NEW YORK (Reuters) - Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity." This year, his 50th at Berkshire's helm, the world's third-richest person could write something quite different. When Buffett releases this year's letter on Saturday, he may point to opportunities outside of the United States, after he recently decided to buy a German motorcycle accessories retailer and said he may shop more in that country. In his letter, eagerly awaited on Wall Street for Buffett's candid thoughts on investing, business and life, the 84-year-old Buffett may detail his vision for Berkshire in the decades to come, including after he is gone. "Warren Buffett recognizes that global investing is going to be an important part of the future," said Michael Yoshikami, chief executive of Destination Wealth Management in Walnut Creek, California and a longtime Berkshire shareholder.


Buy-and-hold fund prospers with no new bets in 80 years

A morning commuter carries an umbrella as she passes by the NYSE during a winter storm in New YorkBy Ross Kerber BOSTON (Reuters) - Equity investors pursuing a buy-and-hold strategy might want to check out a fund that hasn't made an original stock market bet in 80 years.     The Voya Corporate Leaders Trust Fund, now run by a unit of Voya Financial Inc bought equal amounts of stock in 30 major U.S. corporations in 1935 and hasn't picked a new stock since.     Some of its holdings are unchanged, including DuPont, General Electric, Procter & Gamble and Union Pacific. Some are just gone, including the Pennsylvania Railroad Co. and American Can. "This fund has been around a lot longer than I have, and it's working," said Craig Watkins, 29, an investment analyst for Conover Capital Management in Bellevue, Washington.


Preview - Buffett, a cheerleader for America, takes his checkbook abroad

Financial investor Warren Buffett looks on during an announcement ceremony at Northwestern University in EvanstonBy Luciana Lopez and Jonathan Stempel NEW YORK (Reuters) - Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity." This year, his 50th at Berkshire's helm, the world's third-richest person could write something quite different. When Buffett releases this year's letter on Saturday, he may point to opportunities outside of the United States, after he recently decided to buy a German motorcycle accessories retailer and said he may shop more in that country. In his letter, eagerly awaited on Wall Street for Buffett's candid thoughts on investing, business and life, the 84-year-old Buffett may detail his vision for Berkshire in the decades to come, including after he is gone. "Warren Buffett recognizes that global investing is going to be an important part of the future," said Michael Yoshikami, chief executive of Destination Wealth Management in Walnut Creek, California and a longtime Berkshire shareholder.


Asian stock markets lackluster after Wall Street decline

Trader Christopher Lotito works on the floor of the New York Stock Exchange, Thursday, Feb. 26, 2015. U.S. financial markets drifted in morning trading Thursday, with energy stocks among the biggest decliners as crude oil prices fell. Investors were weighing new economic data on unemployment benefit claims, consumer prices and orders for long-lasting manufactured goods. (AP Photo/Richard Drew)BEIJING (AP) — Asian stocks were lackluster Friday after U.S. markets drifted lower and Japan reported faster growth in factory output but weaker retail sales.


London midday: FTSE flat on mixed earnings as Germany approves Greek extension

UK stocks touched a new intraday record on Friday before slipping into the red, as investors treaded carefully on another busy day for corporate earnings and economic data.

Stock market shrugs off net neutrality vote

NEW YORK (AP) — The stock market largely shrugged off the Federal Communications Commission's vote to impose tougher rules on broadband providers like Comcast, Verizon and AT&T to prevent them from creating paid fast lanes for the Internet and slowing or blocking Web traffic.

Nasdaq resumes climb; S&P 500, Dow fall with energy

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkThe Nasdaq resumed its recent advance on Thursday after deal news in the technology sector, while the Dow and S&P 500 dipped as energy shares sank with oil prices. The day's move put the Nasdaq within just 12 points of the 5,000 mark, which it last hit in March 2000 along with its all-time high of 5,132.52 at the height of the dot-com frenzy. The Dow broke a two-day streak of record closing highs. Among the top boosts for the Nasdaq and S&P 500 were shares of Avago Technologies (AVGO.O), which jumped 14.7 percent to $129.25.


SeaWorld and Sears are big market movers

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE SeaWorld Entertainment Inc., down $1.18 to $19.17 The theme park operator reported ...

Stocks open mostly lower, pulling Dow below latest record

The stock market is opening mostly lower after a ho-hum batch of reports on the U.S. economy.

Technology

US Presses China on Bank-Technology Rules - Wall Street Journal


Wall Street Journal

US Presses China on Bank-Technology Rules
Wall Street Journal
The U.S. amped up pressure on China over proposed rules for technology in the Chinese banking industry that have become the latest flash point over cybersecurity between Washington and Beijing. U.S. Trade Representative Michael Froman criticized the ...
US says absurd Chinese rules on selling technology to banks violate trade ...9 to 5 Mac (blog)

all 16 news articles »

Qualcomm preps technology to reduce burden on mobile networks - Reuters


Reuters

Qualcomm preps technology to reduce burden on mobile networks
Reuters
The San Diego, California company said on Thursday it will start selling components this year featuring LTE technology adapted for a smaller scale than traditional cellphone base stations mounted on metal towers bristling with antennas and other ...
KT to Showcase LTE-H Technology with Samsung, Qualcomm at MWC 2015BusinessKorea

all 68 news articles »

Technology Startups Take Root in Tehran - Wall Street Journal


Wall Street Journal

Technology Startups Take Root in Tehran
Wall Street Journal
TEHRAN—Decorated with a foosball table, brightly colored walls and videogame consoles, the offices of Café Bazaar look no different than many Internet startups in technology hubs like San Francisco, London or Berlin. What's unique about Café Bazaar, ...

and more »

With Mesh, Bluetooth Strengthens Case As Key Internet Of Things Technology - Forbes


With Mesh, Bluetooth Strengthens Case As Key Internet Of Things Technology
Forbes
Back in the late nineties, it seemed everyone was talking about about a new wireless technology with a funny name. “It's the name of a medieval King of Denmark!” some would write, but soon it became apparent that it wasn't the name that made Bluetooth ...

and more »

Travel

Airfare website helps consumers snag travel deals - WJLA


WJLA

Airfare website helps consumers snag travel deals
WJLA
Hundreds of members of Nomadness, an online travel group, recently purchased tickets from New York to Johannesburg for $327, thanks to a tip from the site. “You have to be able to be in front of the computer and book the flight because when deals come ...

and more »

Transportation And Money: Get Those Last-Minute Spring Break Travel Deals - Reynolds Center


Reynolds Center

Transportation And Money: Get Those Last-Minute Spring Break Travel Deals
Reynolds Center
springbreak1 With spring break fast approaching, it's not too late for college students (and wanna-be college students) to book a trip that won't break the bank. Airline fares and resorts often raise prices in response to basic supply and demand, but ...

Budget-Minded Travelers Have to Look Harder for Deals - TIME


TIME

Budget-Minded Travelers Have to Look Harder for Deals
TIME
One of the ways the TV show The Americans makes it clear that it's a period piece is by showing its Soviet spies working at a travel agency. Yes, those were indeed different times when a family could support a decent lifestyle by booking trips for ...

and more »

With spring break approaching, beware of travel deal scams - WJLA


WJLA

With spring break approaching, beware of travel deal scams
WJLA
It was a vacation cruise deal that seemed too good to pass up for Melissa Eller and her family. “I was trying to do something fun and cheap for spring break,” she said. Eller received a flier advertising a cruise deal on the fax machine at her family ...

Top stories of the hour


'Jihadi John': Prime minister defends security services - BBC News
Fri, 27 Feb 2015 12:59:57 +0000


BBC News

'Jihadi John': Prime minister defends security services
BBC News
The prime minister has defended the security services amid criticisms they failed to stop Mohammed Emwazi, known as Jihadi John, from joining Islamic State in Syria. David Cameron said the security services made "incredibly difficult judgments" on the UK's ...
'Jihadi John': Eric Holder Says US 'Working On' Ways to Kill or Capture HimABC News
How did "Jihadi John" slip through the cracks?CBS News
Mohammed Emwazi was not a fine young man driven to murderTelegraph.co.uk
The Independent -Mirror.co.uk -WXIX
all 1,831 news articles »

Today's dialectic: Is that dress white or is it blue? - Reuters
Fri, 27 Feb 2015 12:50:37 +0000


Belfast Telegraph

Today's dialectic: Is that dress white or is it blue?
Reuters
Feb 27 (Reuters) - Cyberspace was being consumed by an acute philosophical debate on Friday over a picture of a dress many claim is obviously white and gold but others argue just as trenchantly is black and blue. The hashtag #TheDress led trends on ...
White and gold or blue and black it doesn't matter -- the dress is uglyCNN
Woman who posted 'the dress' says it's 'obviously' blueNew York Daily News
White and gold? Or blue and black? Dress sets the Internet ablaze with color ...Today.com
Bloomberg -Hindustan Times -The Globe and Mail
all 505 news articles »

Friday's Morning Email: Conservatives Underwhelmed by Jeb - Huffington Post
Fri, 27 Feb 2015 12:47:43 +0000


U.S. News & World Report

Friday's Morning Email: Conservatives Underwhelmed by Jeb
Huffington Post
TOP STORIES. To get The Morning Email, HuffPost's daily roundup of the news, in your inbox, sign up here. CPAC CONSERVATIVES: NOT ANOTHER BUSH "When he speaks here Friday, Jeb Bush isn't likely to win over many hearts and minds at the ...
The Conservative Contempt Awaiting Jeb Bush at CPACBloomberg
Inside the Beltway: Jeb Bush: Hawk or dove? Americans are undecidedWashington Times
Conservative US activists look warily at a 'squishy' Jeb BushReuters
Washington Post
all 615 news articles »

Former pop star Gary Glitter sentenced to 16 years for child sex offenses - Reuters
Fri, 27 Feb 2015 12:41:29 +0000


Reuters

Former pop star Gary Glitter sentenced to 16 years for child sex offenses
Reuters
LONDON (Reuters) - Former British pop singer Gary Glitter, who shot to fame in the 1970s as a "glam-rock" star but was later convicted of child sex crimes, was sentenced to 16 years in prison after being found guilty of indecently assaulting three girls. Glitter ...
Gary Glitter sentenced to 16 years for sex attacksIrish Times
Gary Glitter jailed for 16 years for historic sex attacks on 3 schoolgirlsDaily Mail
Gary Glitter Jailed For 16 Years For Sexually Abusing Three SchoolgirlsNewsweek
Telegraph.co.uk -WMBF
all 81 news articles »

Danish police arrest man suspected of links to February 14-15 shootings - Reuters
Fri, 27 Feb 2015 12:36:25 +0000


Reuters

Danish police arrest man suspected of links to February 14-15 shootings
Reuters
COPENHAGEN (Reuters) - Danish police said they arrested a young man on Friday and charged him with complicity in the shootings in Copenhagen on Feb. 14 and 15 in which two people were killed and five police officers wounded. Police had no further ...
Police arrest 3rd man for helping Copenhagen gunmanThe Daily Star

all 143 news articles »

The Rev. Theodore Hesburgh, ex-Notre Dame president, dies at 97 - Washington Post
Fri, 27 Feb 2015 12:27:31 +0000


MiamiHerald.com

The Rev. Theodore Hesburgh, ex-Notre Dame president, dies at 97
Washington Post
The Rev. Theodore M. Hesburgh, a transformative figure in Catholic higher education who led the University of Notre Dame for 35 years and wielded influence with U.S. presidents on civil rights and other charged issues of his era, died Feb. 26 on the ...
Rev. Theodore Hesburgh, Notre Dame's former president, dies at 97NOLA.com
Rev. Theodore Hesburgh, former Notre Dame president, dead at 97Chicago Sun-Times
Notre Dame's Rev. Hesburgh Dead at 97NBC Chicago
The State Journal-Register
all 235 news articles »

How Netflix channeled Frank Underwood to build an empire - The Week Magazine
Fri, 27 Feb 2015 12:08:47 +0000


The Week Magazine

How Netflix channeled Frank Underwood to build an empire
The Week Magazine
It's easy to forget that there was a time when Netflix was perceived as a savior, and not a threat, to the networks and studios that now consider it a top rival. As the lucrative DVD market began to dry up in the late 2000s, Netflix's eagerness to license movies ...
'House of Cards' 101: what you need to know before binge-watching the third ...AL.com
“House of Cards” is back! Here are 5 spoilers to tide you over until your epic ...Salon
'House of Cards' dealt Netflix a winning handKansas City Star
New York Times (blog) -Telegraph.co.uk
all 411 news articles »

New Ceres bright spot
Fri, 27 Feb 2015 11:54:46 +0000

The truth about flossing
Fri, 27 Feb 2015 11:54:46 +0000

UFC champ blasts ring girls
Fri, 27 Feb 2015 11:54:46 +0000

Secret behind Shake Shack
Fri, 27 Feb 2015 11:54:46 +0000

Kia's teeny tiny engine
Fri, 27 Feb 2015 11:54:46 +0000

Space rock created lake
Fri, 27 Feb 2015 11:54:46 +0000

'Corpse or model'? Mag slammed
Fri, 27 Feb 2015 11:54:46 +0000

'Big Bang' star's 'racy' past
Fri, 27 Feb 2015 11:54:46 +0000

'Big Bang's hot new couple?
Fri, 27 Feb 2015 11:54:46 +0000

'Pervert' fotog shoots Playboy
Fri, 27 Feb 2015 11:54:46 +0000

Party at these beaches
Fri, 27 Feb 2015 11:54:46 +0000

Monica: I'm a Bond 'woman'
Fri, 27 Feb 2015 11:54:46 +0000

RaeLynn on 'sexist' song
Fri, 27 Feb 2015 11:54:46 +0000

Margot has sticky fingers
Fri, 27 Feb 2015 11:54:46 +0000

California Couple Married 67 Years Dies Side-by-Side, Holding Hands - FOX40
Fri, 27 Feb 2015 11:51:04 +0000


FOX40

California Couple Married 67 Years Dies Side-by-Side, Holding Hands
FOX40
A Central California couple spent 67 years together, devoted as husband and wife, and when their lives ended, they left this world together, holding hands. Floyd and Violet Hartwig. Their children knew they were close to death earlier this month, and pushed ...
Married 67 years, Fresno couple dies hours apart while holding handsWKRC TV Cincinnati
Not even death could do this eldery couple apartNEWS.com.au
Elderly couple dies holding handsMohave Valley News

all 225 news articles »

US-Bangladesh blogger Avijit Roy hacked to death - BBC News
Fri, 27 Feb 2015 11:31:13 +0000


BBC News

US-Bangladesh blogger Avijit Roy hacked to death
BBC News
A knife-wielding mob has hacked to death a US-Bangladeshi blogger whose writing on religion had brought threats from Islamist hardliners. Avijit Roy, an atheist who advocated secularism, was attacked in Dhaka as he walked back from a book fair with his ...
Bangladeshi-American Writer Killed by Machete-Wielding AssailantsNew York Times
American Critic of Islamic Fundamentalism hacked to death in BangladeshWall Street Journal
Unidentified attackers hack US blogger to death in DhakaHindustan Times (blog)
New York Daily News -The Indian Express -Daily Mail
all 249 news articles »

2 loose llamas lassoed after running amok near Phoenix - Washington Times
Fri, 27 Feb 2015 11:17:45 +0000


CBS News

2 loose llamas lassoed after running amok near Phoenix
Washington Times
In this image taken from video and provided by abc15.com, men lasso one of two quick-footed llamas after they dashed in and out of traffic before they were captured, Thursday, Feb. 26, 2015, in Sun City, Ariz., a Phoenix-area retirement ... more >. By Terry ...
'Llama drama' broadcast live in USBBC News
2 llamas on the lam lassoed after running amok in Phoenix suburbFox News
Llamas on the run cause havoc, hilarity on TwitterSydney Morning Herald
Chicago Tribune -Detroit Free Press
all 830 news articles »

Farmers eye drones as key to future of agriculture
Fri, 27 Feb 2015 11:09:36 +0000

Los Angeles teachers, union leaders take to streets amid stalled talks
Fri, 27 Feb 2015 11:09:36 +0000

Is Apple planning the biggest, baddest iPad yet?
Fri, 27 Feb 2015 11:09:36 +0000

2 loose llamas lassoed after running amok in Phoenix suburb
Fri, 27 Feb 2015 11:09:36 +0000

Buffalo students look to build better NFL schedule
Fri, 27 Feb 2015 11:09:36 +0000

Couple married 67 years dies holding hands
Fri, 27 Feb 2015 11:09:36 +0000

HHS, Republicans at odds over whether there’s an ObamaCare Plan B
Fri, 27 Feb 2015 11:09:36 +0000

German parliament overwhelmingly approves Greece bailout extension
Fri, 27 Feb 2015 11:09:36 +0000

South Korea gunman kills 3, self in second mass shooting in three days
Fri, 27 Feb 2015 11:09:36 +0000

Southeast US digs out after winter storm pounding - FOX NEWS WEATHER CENTER
Fri, 27 Feb 2015 11:09:36 +0000

Warning for pilots: United issues memo after several 'near-miss' incidents - TSA: incendiary device 'catastrophic' threat to passenger planes
Fri, 27 Feb 2015 11:09:36 +0000

Walker delivers the goods to adoring CPAC crowd - VIDEO: Walker rallies CPAC crowd against heckler - KURTZ: Why media aren't buying Trump's tantalizing 2016 talk
Fri, 27 Feb 2015 11:09:36 +0000

Ex-Notre Dame President Hesburgh dies at 97 - Earl Lloyd, first black NBA player, dies at 86
Fri, 27 Feb 2015 11:09:36 +0000

Top Senate Republican wants answers from Kerry on sensitive info left in Yemen - Read the letter from Sen. Ron Johnson to John Kerry on Yemen
Fri, 27 Feb 2015 11:09:36 +0000

Virginia to compensate victims of forced sterilizations
Fri, 27 Feb 2015 11:09:36 +0000

California vandalism suspects arrested after rescue from cliff
Fri, 27 Feb 2015 11:09:36 +0000

Driver in California train crash released from jail as prosecutors wait for completed investigation - Suspect in deadly street race hit-and-run identified
Fri, 27 Feb 2015 11:09:36 +0000

Saudi man convicted of conspiracy in 1998 bombings of US embassies in Africa
Fri, 27 Feb 2015 11:09:36 +0000

Pharaoh's brutal last moments revealed
Fri, 27 Feb 2015 11:09:36 +0000

Islamic State video shows militants smashing ancient artifacts in Iraq - VIDEO: ISIS destroys ancient Iraqi artifacts - ID of ISIS terrorist known as 'Jihadi John' reportedly revealed
Fri, 27 Feb 2015 11:09:36 +0000

Indiana bill would allow baby boxes for surrendering infants
Fri, 27 Feb 2015 11:09:36 +0000

Missouri auditor and governor candidate Tom Schweich dies in apparent suicide
Fri, 27 Feb 2015 11:09:36 +0000

House GOP eyes stopgap DHS funding measure as deadline nears - VIDEO: Could DHS spending fight backfire on Republicans?
Fri, 27 Feb 2015 11:09:36 +0000

Ukraine to start pulling back heavy weapons in east - VIDEO: Kerry: Big decisions coming on Ukraine
Fri, 27 Feb 2015 11:09:36 +0000

Nigeria kidnappers lower ransom demand for US missionary, Boko Haram not suspected
Fri, 27 Feb 2015 11:09:36 +0000

Lawyer says second autopsy shows Mexican man was shot in the back by Washington state police
Fri, 27 Feb 2015 11:09:36 +0000

FCC approves sweeping Internet regulation plan, Obama accused of meddling - VIDEO: FCC approves 'net neutrality' rules - Telecom industry slams FCC move
Fri, 27 Feb 2015 11:09:36 +0000

US blogger hacked to death in Bangladesh
Fri, 27 Feb 2015 11:09:36 +0000

INTERNET IRONY Revenge porn figure asks Google for privacy help
Fri, 27 Feb 2015 11:09:29 +0000

COLOR CONTROVERSY Woman's dress query sparks Internet firestorm
Fri, 27 Feb 2015 11:09:29 +0000

AR-15 UNDER FIRE ATF pushes bullet ban, threatens top-selling rifle
Fri, 27 Feb 2015 11:09:29 +0000

AR-15 UNDER FIRE ATF pushes bullet ban, threatens top-selling rifle
Fri, 27 Feb 2015 11:09:29 +0000

IRS BOMBSHELL: Thousands of Lerner emails recovered in targeting probe
Fri, 27 Feb 2015 11:09:29 +0000

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