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Peabody Energy Corporation (BTU) & Other Coal Stocks Gain Ground Amid ...

2015-06-29 23:24:00| Industrial Machines - Topix.net

As Dow Jones and S&P 500 Indices plunged on Monday amid concerns over Greece, a group of companies has enjoyed strong gains. The Dow Jones Coal Index inched up by more than 0.1% in Intraday trading, as the Supreme Court ruled against the U.S. Environmental Protection Agency over the rules that restrict the emissions of mercury and other air pollutants mainly from coal-fired power plants.

Tags: corporation ground energy gain

 

Greek closes banks amid debt crisis

2015-06-28 20:54:12| BBC News | Business | UK Edition

Greek banks will be closed and capital controls imposed, the prime minister says, amid growing fears of a default and possible exit from the eurozone.

Tags: debt banks crisis greek

 
 

Ant Financial launches MYBank amid regulatory brouhaha

2015-06-26 09:38:00| Telecompaper Headlines

(Telecompaper) Alibaba affiliate Ant Financial has launched its MYBank online bank, the Wall Street Journal reported. MYbank, which has registered capital of CNY 4 billion, is ready to issue loans of under CNY 5 million to small businesses, entrepreneurs and consumers. People are however not able to open accounts yet because of regulatory concerns over the facial-recognition technology the bank wants to use to verify account holder identities. "Because the regulatory authorities have not yet approved the opening of accounts [online], that has greatly affected the products we had originally planned. We had initially prepared a lot of products but they rely on the opening of accounts," said Tang Jiacai, MYbank's chief information officer, in an interview earlier this month.

Tags: financial regulatory launches ant

 

U.S. Stocks Decline Amid Greek Debt Talks After Nearing Record

2015-06-25 11:27:52| Railroads - Topix.net

U.S. stocks fell, halting two days of gains that brought equities near a record, amid declines in raw- material and railroad shares as Greek debt talks dragged on. Kansas City Southern and CSX Corp. dropped more than 2.9 percent to drag industrial shares down.

Tags: record debt greek stocks

 

Instacart reclassifies part of workforce amid pressure on Uber

2015-06-23 00:59:54| Grocery - Topix.net

In store Instacart workers wear t-shirts advertising their company at Whole Foods in Berkeley, Calif. Monday November 10, 2014.

Tags: part pressure workforce amid

 

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