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Global banks face Basel limits on risk models for capital
Tue, Dec 23 2014. 01 21 AM

Global banks face Basel limits on risk models for capital

A supervision committee published draft plans to set a capital floor and to reinforce standard, regulator-set methods to measure possible losses
North Korea threatens bigger pain if punished over Sony hack
Tue, Dec 23 2014. 01 18 AM

North Korea threatens bigger pain if punished over Sony hack

Pyongyang threatens to target White House, Pentagon; US calls for restraint, compensation for Sony
The $6.3 trillion frenzy that vanquished Treasury bears
Tue, Dec 23 2014. 01 04 AM

The $6.3 trillion frenzy that vanquished Treasury bears

The smallest budget deficit since 2008, a soaring dollar and high yields on US Treasuries will probably combine to bolster demand at US debt auctions
Joe Cocker, British rocker, dies at 70
Tue, Dec 23 2014. 12 59 AM

Joe Cocker, British rocker, dies at 70

Cocker died of an undisclosed illness, according to the BBC, citing his agent, Barrie Marshall
Big clues missed in 26/11 Mumbai terror attacks
Tue, Dec 23 2014. 12 10 AM

Big clues missed in 26/11 Mumbai terror attacks

Intelligence agencies of the US, UK and India did not pull together all the strands gathered, which might have allowed them to disrupt the scarring terror strike
China condemns cyber attacks, says no proof North Korea hacked Sony
Mon, Dec 22 2014. 10 45 PM

China condemns cyber attacks, says no proof North Korea hacked Sony

China made no reference to calls by US for joint action with it and other countries to counter any similar cyber attacks
Google challenges Amazon with same-day deliveries during holiday
Mon, Dec 22 2014. 08 54 PM

Google challenges Amazon with same-day deliveries during holiday

The service, called Google Express and available in big US cities, handled 50% more toys during the peak of the year-end shopping season
Barack Obama says Sony hack was not ‘an act of war’
Mon, Dec 22 2014. 07 47 PM

Barack Obama says Sony hack was not ‘an act of war’

Obama said it was not an act of war, rather an act of cyber vandalism that was very costly, very expensive and we take it very seriously
Asian stocks advance as oil extends climb; dollar holds gains
Mon, Dec 22 2014. 11 06 AM

Asian stocks advance as oil extends climb; dollar holds gains

Brent oil added 1.6% to $62.33 a barrel, extending 19 December’s 3.6% surge, the most since October 2012
Ready for $20 oil?
Mon, Dec 22 2014. 08 51 AM

Ready for $20 oil?

The wealthier producers have huge cash reserves, which they figure will outlast the cheaters and the US shale-oil producers when prices are low

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