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Clinton courts left with promise to break up risky banks
U.S. Democratic presidential candidate Hillary Clinton speaks during a community forum campaign event at Cornell College in Mt Vernon, IowaBy John McCrank and Amanda Becker NEW YORK/WASHINGTON (Reuters) - U.S. Democratic presidential hopeful Hillary Clinton on Thursday called for the breakup of large banks that take excessive risks as part of a sweeping plan to curb what she says are Wall Street abuses. “It's not pure size, it's bad management, excessive risk and things like that, lack of controls," said Alan Blinder, a Princeton economist who helped formulate the plans. "Now the truth of the size question is that the bigger you get the harder it is to do those things effectively.” Clinton has been under pressure to join progressives within the Democratic Party calling for the government to break up banks deemed "too-big-to-fail." Both U.S. Senator Elizabeth Warren, the party's most outspoken critic of Wall Street, and U.S. Senator Bernie Sanders, Clinton's leading challenger for the Democratic nomination, have embraced such an approach.
A Cautious Fed Sets Stage for Epic 'Santa Claus' Rally
The past week has unleashed a fresh stock market uptrend for the first time in months, as large-cap stocks have rallied in seven of the last eight sessions and the Dow Jones Industrial Average has climbed back above 17,000. The rebound is no surprise, given soft September payroll data and continued vulnerability in China — there is simply less and less justification for the Federal Reserve to raise rates this year. The stimulus junkies on Wall Street just got an early Christmas present.
Dell confidentially files for IPO of cybersecurity unit - WSJ
Dell logos are seen at its headquarters in CyberjayaREUTERS - Dell Inc, the third-largest personal computer maker, has filed confidentially for an initial public offering of its cybersecurity unit, the Wall Street Journal reported. Dell filed papers for an IPO of Dell SecureWorks Inc over the summer and has been working with banks including Bank of America Corp and Morgan Stanley on the potential deal, the Journal reported, citing people familiar with the matter. (Reporting By Lehar Maan in Bengaluru; Editing by Savio D'Souza)
Stocks close out best week of the year with a small gain
FILE - This Monday, Aug. 24, 2015, file photo, shows the New York Stock Exchange, in New York. World stock markets rose Friday, Oct. 9, 2015, on expectations the Federal Reserve will keep interest rates at a record low for at least several more months. (AP Photo/Seth Wenig, File)NEW YORK (AP) — The stock market closed out its best week this year with a modest gain on Friday, helped by airlines and industrial companies.
MIDEAST STOCKS-Saudi continues rebound on petchems; Egypt up
DUBAI, Oct 11 (Reuters) - Saudi Arabia's stock market rebounded early on Sunday as beaten-down petrochemical shares were bought on hopes that oil prices may have bottomed, while merger activity in the financial sector supported Egypt. Brent oil's strong recovery above $50 a barrel last week made many investors more comfortable with petrochemical stocks. Sector leader Saudi Basic Industries (SABIC) climbed 3.8 percent to 89.75 riyals on Sunday. Two other petchems were among the 10 most traded stocks and their prices also surged. ...

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Lawyers in  What is Copyright?  Copyright is a form of intellectual property protection granted under Indian law to the creators of original works of authorship such as literary works (including computer programs, tables and compilations including

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Iran says Washington Post reporter convicted

FILE - In this photo April 11, 2013 file photo, Jason Rezaian, an Iranian-American correspondent for the Washington Post, smiles as he attends a presidential campaign of President Hassan Rouhani in Tehran, Iran. Iran's official IRNA news agency reported that the verdict against Rezaian has been issued. Rezaian, the Post's Tehran bureau chief, is accused of charges including espionage in a closed-door trial that has been widely criticized by the U.S. government and press freedom organizations. (AP Photo/Vahid Salemi, File)Jason Rezaian has been detained for more than a year on charges including espionage.

Trump won't be next president: Obama

US President Barack Obama, pictured arriving on October 10, 2015 in Los Angeles, California, told CBS television's President Barack Obama is fairly certain of one thing when it comes to next year's election: Donald Trump won't succeed him in the White House. The billionaire businessman, the frontrunner in the race to become the Republican party's White House nominee, has raised hackles with his controversial comments on immigration, gun control and women, among other issues. "I don't think he'll end up being president of the United States," Obama said in the interview, which aired on Sunday.

Chase Utley suspended by MLB for 'illegal' slide

Zimbabwe says will not charge U.S. dentist for killing Cecil the lion

Walter Palmer arrives at the River Bluff Dental clinic in BloomingtonHARARE (Reuters) - Zimbabwe will not charge an American dentist for killing its most prized lion in July because he had obtained legal authority to conduct the hunt, a cabinet minister said on Monday.

Washington Post says Iran's conviction of its reporter is 'contemptible'

File photo of Washington Post reporter Jason Rezaian speaking in the newspaper's offices in WashingtonThe Washington Post on Monday denounced the espionage conviction of the newspaper's American-born Tehran correspondent as an "outrageous injustice" and urged Iran's leaders to overturn it. Jason Rezaian, who was arrested in July 2014, had 20 days to appeal the verdict, the Iranian news service ISNA cited a judiciary spokesman as saying. Washington Post Executive Editor Martin Baron said the paper, Rezaian's family and his lawyer in Iran were pursuing an appeal.

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