Hints and tips:
...Striking out Nicole Musicco’s abrupt exit from the California Public Employees’ Retirement System followed a big push by the former investment chief into sports deals, Bloomberg reports....
...Kagan told the petitioner’s lawyer, Eric Schnapper, that “once we go with you, all of a sudden we’re finding that Google isn’t protected, and maybe Congress should want that system....
..."We’ve been exploring different app uptake levels for some time in the UK and we’re really pleased to see that contact-tracing apps in the UK and the USA have the potential to meaningfully reduce the number...
...One example: Hewlett Packard Enterprise has just announced made-in-the-USA industry-standard servers, including “advanced security features that are built by vetted HPE employees in highly secure US facilities...
...Money could also be given to local municipalities to build their own systems, like the 1935 Rural Electrification Administration programme that transformed America’s heartland and increased productivity...
...Here’s UBS: While the review leaves several options open, "The Board believes that Ferguson's longterm listing location is in the USA"....
...Late on Friday the rebranded Virgin Trains USA filed preliminary documentation for an initial public offering to fund its expansion and list on Nasdaq....
...That is because it uses automated systems to trade futures....
...lending rate — the benchmark on which around $350tn of derivatives contracts are referenced — led to a global multiyear investigation, billions of dollars of fines for banks and a profound overhaul of the system...
...The currency is mostly a byproduct of this system. To use Bitcoin’s payment system, you convert your dollars into Bitcoins, which are then transferred using the decentralized network....
...That choice came after the start of trading in Facebook shares, listed on Nasdaq, was mired by problems with the exchange’s systems in an embarrassing misstep....
...The stock market has fractured since the US in 2007 adopted its National Market System regulation aiming to give small investors the best possible prices....
...market, OTC swaps trading has been dominated by large global banks and investors since its inception in the 1980s, but the collapse of some banks in 2008 revealed serious shortcomings within this bilateral system...
...Related reading: About those US-listed Chinese IPOs…, beyondbrics China’s answer to Craigslist surges on US debut, beyondbrics Chinese IPOs: back in the USA?...
...It showed the interconnectedness of the system – some of AIG’s top counterparties were banks as far flung as Société Générale in France and Royal Bank of Scotland of the UK, all of which also had exposure...
...This guest post is by Howard Green, anchor of the flagship interview program at Canada’s Business News Network and the author of “Banking on America: How TD Bank Rose to the Top and Took on the USA”, published...
...sour after the Federal Communications Commission withdrew a waiver, which would have enabled LightSquared to operate a ground-based broadband network, over concerns it could interfere with GPS navigation systems...
...“The pact is unusual because it requires Barclays to not only beef up its internal compliance systems but to take on a role as an advocate for increased oversight for the industry.”...
...government withdrew support for Mr Falcone’s plans to take on the established mobile phone operators, citing concerns that the proposed network might interfere with GPS satellite navigation and aircraft safety systems...
...Brokers are spending up to $1bn updating their technology and compliance systems to meet rules laid out in the US Dodd-Frank act, a sweeping bill which will reform derivatives trading, according to a study...
...He said that he supported the principles of the rule, but that the implementation deadline – October 1 – may not give the industry enough time to prepare their systems....
...Five of the largest US cable TV operators agreed to link their WiFi networks together, creating a nationwide system of more than 50,000 WiFi hotspots that their customers could use as an alternative to the...
...equipment and government officials of “rigging” the results of the latest round of tests suggesting that its proposed network would cause widespread interference with GPS devices and some flight safety systems...
...FI said that marketplaces must focus on expanding their systems that monitor trading in real time and improving co-ordination between each other to identify any market abuse....
...In theory, LightSquared could still go ahead and build a satellite-only mobile broadband network, but such a system would be much less attractive to both investors and customers....
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