Analysis: More pressure on global wages could backfire

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Review: Video blackouts impede baseball onlineComments Off

Major League Baseball shows what can be done right when it comes to making its games available on the Internet.

Why Bank of America deal might not cost it $17BComments Off

The Justice Department’s $17 billion settlement with Bank of America almost certainly will not cost the company that much.

APNewsBreak: BofA reaches $17B settlement with USComments Off

Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

BP names David Lawler CEO of US businessComments Off

BP PLC said Wednesday that it has hired David Lawler as CEO of the oil and gas company’s U.S. business, which is gearing up to spin off into its own separate company.

Fed To Use Excess Reserves As Tool To Alter Fed Funds RateComments Off

The Federal Reserve has agreed to use interest rates on excess reserves as its main tool to set the federal funds rate and the bank plans to target a range instead of a precise number when it eventually raises rates, according to minutes of its July 29…

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