News for 'Wall Street'

Dow Jones CEO resigns over UK hacking scandal

Dow Jones CEO resigns over UK hacking scandal

Rediff.com16 Jul 2011

Heads continued to roll in the News of the World phone hacking scandal as Rupert Murdoch's top executive and Dow Jones CEO Les Hinton became the latest high-profile personality to resign from his post. Hinton was the chief executive of Dow Jones, publisher of the Wall Street Journal. Rebekah Brooks, chief executive of the media group's UK newspaper arm News International had quit on Friday.

Obama ahead before make or break presidential debate

Obama ahead before make or break presidential debate

Rediff.com3 Oct 2012

A survey, conducted by NBC/Wall Street Journal, showed Obama now leading 49 per cent to 46 per cent among likely voters, down slightly from the five-point lead he enjoyed in mid-September, the daily said.

Mukesh may sell stake in RGTIL

Mukesh may sell stake in RGTIL

Rediff.com6 Jul 2011

After agreeing to sell 30 per cent stake in the 23 blocks in India to BP, Mukesh Ambani is reportedly looking for buyers for its gas transportation and marketing company.

Subbarao not keen to continue after present term

Subbarao not keen to continue after present term

Rediff.com23 Feb 2012

Reserve Bank of India Governor Duvvuri Subbarao is not interested in carrying on in his present job after his term ends in September next year.

FTC may start antitrust probe against Google

FTC may start antitrust probe against Google

Rediff.com24 Jun 2011

The Wall Street Journal has reported the civil probe, which has the potential to reshape how companies compete on the Internet, is the most serious legal threat yet to the 12-year-old company.

Global financial system needs more reforms: IMF

Global financial system needs more reforms: IMF

Rediff.com4 Oct 2010

The global financial system needs more regulatory reforms to reduce the possibility of another meltdown, according to experts at International Monetary Fund.

Visa, MasterCard near antitrust settlement

Visa, MasterCard near antitrust settlement

Rediff.com4 Oct 2010

The Justice Department investigation, involves card company policies that prevent merchants from encouraging customers to use cards that have lower processing fees.

Why US officials are unhappy with the Pakistanis

Why US officials are unhappy with the Pakistanis

Rediff.com3 Oct 2010

Top US officials are unhappy over some Inter-Services Intelligence elements continuing to support the Haqqani network to counter India's presence in the region, amid fears that Pakistani military is "unable or unwilling" to act against Taliban and Al Qaeda in the restive tribal belt.

Evasive answers at airport led to Headley arrest

Evasive answers at airport led to Headley arrest

Rediff.com9 Dec 2009

Ambiguous replies about his travels abroad aroused the suspicions of airport officials and led to the arrest of Pakistani-American Lashkar-e-Tayiba operative, David Headley, charged with criminal conspiracy in the Mumbai terror attacks.

Morgan Stanley plans high-level management shuffle

Morgan Stanley plans high-level management shuffle

Rediff.com8 Dec 2009

Morgan Stanley plans high-level management changes, which includes finance chief Colm Kelleher and veteran banker Paul Taubman taking charge of the company's institutional securities unit.

PM seeks to bridge two Indias

PM seeks to bridge two Indias

Rediff.com7 Sep 2010

Cannot solve problems by perpetuating poverty in the name of environment, the prime minister said.

US seeks $1 bn from J&J to settle lawsuit

US seeks $1 bn from J&J to settle lawsuit

Rediff.com13 May 2011

It is alleged that the drug maker used false marketing tactics to persuade the Medicaid officials in the US to give preference to its costlier drug Risperdal and spend millions on it.

Google nears settlement over online drug ads

Google nears settlement over online drug ads

Rediff.com13 May 2011

Google Inc is close to settling a US criminal investigation into allegations it made money by accepting ads from online pharmacies that break US laws, says a media report.

Who is the biggest threat to Pakistan's security?

Who is the biggest threat to Pakistan's security?

Rediff.com17 Aug 2010

Shedding its India-centric phobia, Pakistan's main spy agency ISI has in its new threat assessment determined that Islamist militants, and not India pose the main threat to Pakistan.

Why the middle-class across the world is angry

Why the middle-class across the world is angry

Rediff.com29 Dec 2011

There are few periods in human history that have seen worldwide expressions of middle-class angst like the current one has.

BJP most important foreign political party in world: WSJ

BJP most important foreign political party in world: WSJ

Rediff.com21 Mar 2023

The opinion piece added that the party combines the most striking principles of three major political entities in the world -- the Likud Party of Israel, the Communist Party of China and the Muslim Brotherhood of Egypt.

Is your smartphone spying on you?

Is your smartphone spying on you?

Rediff.com28 Apr 2011

Rajeev Srinivasan on why consumers must be careful with their powerful mobile devices.

Yahoo mulls $18-bn stake sales in China, Japan

Yahoo mulls $18-bn stake sales in China, Japan

Rediff.com22 Dec 2011

Internet giant Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about $18 billion, says a media report.

ITA Software buy: Google, US govt close to pact

ITA Software buy: Google, US govt close to pact

Rediff.com8 Apr 2011

The proposed agreement is not final, and could fall apart, the report noted.

Google may pay $22.5 mn for bypassing privacy settings

Google may pay $22.5 mn for bypassing privacy settings

Rediff.com10 Jul 2012

According to the daily, the fine is expected to be the largest penalty ever levied on a single company by the US Federal Trade Commission.

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

Cut bank CEOs' pay for poor show: RBI

Cut bank CEOs' pay for poor show: RBI

Rediff.com2 Jul 2010

The draft regulations on compensation of private banks, based on sound risk management and productivity linked principles, comes within days of the US Congress passing a major financial reform bill to discipline firms on Wall Street.

US unveils new norms for CEO pay practices

US unveils new norms for CEO pay practices

Rediff.com22 Jun 2010

Skewed pay packets that encouraged imprudent risk-taking approach was one of the main causes for the financial crisis of 2008-09.

Citigroup likely to cut 900 jobs: Report

Citigroup likely to cut 900 jobs: Report

Rediff.com16 Nov 2011

US-based banking major Citigroup is likely to slash 900 jobs in its securities and banking division amid financial market turmoil, says a report.

SEC probes generic drug-maker Mylan

SEC probes generic drug-maker Mylan

Rediff.com16 Jun 2010

The Wall Street Journal has reported that the SEC has contacted many investment banks whose analysts cover generic drug-maker Mylan, asking about a meeting the company hosted last September with those analysts and a group of investors.

Goldman CEO to testify in insider-trading case

Goldman CEO to testify in insider-trading case

Rediff.com4 Mar 2011

Blankfein will at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam.

Facebook's growth rate slowing down: Report

Facebook's growth rate slowing down: Report

Rediff.com12 Jun 2012

Social networking giant Facebook's growth appears to be slowing down, especially in the United States, according to a report.

Who is to blame for America's financial mess?

Who is to blame for America's financial mess?

Rediff.com31 Oct 2011

The money from America that ends up abroad brings prosperity and generates more jobs at the cost of jobs in the US.

Microsoft plans management rejig

Microsoft plans management rejig

Rediff.com25 May 2010

Attributing to people familiar with the matter, The Wall Street Journal said the software company could announce major organisational changes at its entertainment and devices division as early as this week.

Apple CEO says 'he is not next Steve Jobs'

Apple CEO says 'he is not next Steve Jobs'

Rediff.com31 May 2012

Cook revealed only a handful of incremental insights on Apple''s products and strategies.

Do women make poor money managers? NO!

Do women make poor money managers? NO!

Rediff.com21 Oct 2011

Here's the biggest myth of the financial world: Women make poor money managers. If anything, the argument has swung in favour of the fairer sex in the midst of this global financial crisis. Here are 5 rules then that women investors must always follow.

No impact on military ties with Pakistan: US

No "impact" on military ties with Pakistan: US

Rediff.com10 Feb 2011

The US said that there has been no "significant impact" on its military to military relationship with Pakistan after Islamabad refused to release an American diplomat detained on possible murder charges.

US held secret talks with Haqqani network: Report

US held secret talks with Haqqani network: Report

Rediff.com13 Oct 2011

Even as their killer drones strike at ranking members of the Al Qaeda linked Haqqani network, United States officials secretly met leaders of the group this summer in a Persian Gulf country, in an effort to draw them into talks on winding down the war.

Pakistan foils attempt to free Daniel Pearl murderer; 97 terrorists held

Pakistan foils attempt to free Daniel Pearl murderer; 97 terrorists held

Rediff.com12 Feb 2016

Pakistan Army on Friday said it has arrested nearly 100 terrorists and foiled an imminent jailbreak attempt to free top Al Qaeda leader Ahmed Omar Saeed Sheikh, sentenced to death for the murder of Wall Street Journal correspondent Daniel Pearl in 2002.

Hu's 4 points to peaceful co-existence with US

Hu's 4 points to peaceful co-existence with US

Rediff.com17 Jan 2011

In written responses to questions from The Washington Post and The Wall Street Journal published on Monday, Chinese President Hu Jintao insisted that his country believes in the principle of peaceful co-existence, as he prepared to meet his counterpart Barack Obama at the White House next week.

PE firm Silver Lake mulls buying out Yahoo

PE firm Silver Lake mulls buying out Yahoo

Rediff.com16 Sep 2011

Various news reports suggest that the PE firm, if it buys out Yahoo, would first sell off the Internet company's Asian assets. Silver Lake would thereafter, a report said, try to either turn the 'remaining' company around or find yet another buyer for the main operations.

Defuse Indo-Pak tension, Obama told his officials

Defuse Indo-Pak tension, Obama told his officials

Rediff.com5 Apr 2010

In December last year, United States President Barack Obama issued a secret directive to all the top officials in his administration dealing with internal security and foreign policy affairs, urging them to find out ways to increase America's involvement in alleviating the rising tension between India and Pakistan, according to a report in the Wall Street Journal.The directive was mentioned, says WSJ, in a memo written by National Security Adviser James Jones.

SEC scrutinising disclosure rules for private cos

SEC scrutinising disclosure rules for private cos

Rediff.com5 Jan 2011

SEC rules require companies with 500 or more shareholders of record in a given type of stock to publicly disclose certain financial information.

US pay czar to review CEO compensation at 419 cos

US pay czar to review CEO compensation at 419 cos

Rediff.com23 Mar 2010

The United States government appointed pay czar will review the executive compensation packages at 419 bailed out companies including Goldman Sachs and JP Morgan Chase.