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2 HOURS AGO - Reuters

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Uber business model faces legal scrutiny in Taiwan, Chinese mega city

TAIPEI/SHANGHAI (Reuters) - Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the fast-growing U.S. start-up.

Tags: Uber business model faces legal scrutiny in Taiwan, Chinese mega city,  Uber Latest News

16 HOURS AGO - New York Times

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Bits Blog: Distracted Driving and the Risks of Ride-Hailing Services Like Uber

In an effort to move fast, phone apps like Uber, Lyft and Flywheel may be placing a premium on speed and in the process sacrificing safety.

Tags: Bits Blog: Distracted Driving and the Risks of Ride-Hailing Services Like Uber,  Uber Latest News

DEC 20, 2014 - Wall Street Journal

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Alstom Expects to Settle DOJ Bribery Allegations Soon

Alstom CEO Patrick Kron said he expects to reach a settlement “very soon” with the U.S. Department of Justice, which is considering whether to levy its largest fine ever over allegations the company bribed foreign officials to win contracts.

Tags: Alstom Expects to Settle DOJ Bribery Allegations Soon,  Alstom Latest News

DEC 20, 2014 - Zero Hedge

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The False Promises Of 2% Inflation

Submitted by Richard Ebeling via Epic Times blog, A specter is haunting the world, the specter of two percent inflationism. Whether pronounced by the U.S. Federal Reserve or the European Central Bank, or from the Bank of Japan, many monetary central planners have declared their determination to impose a certain minimum of rising prices on their societies and economies. One ...

Tags: The False Promises Of 2% Inflation,  Federal Reserve System Latest News

1 HOUR AGO - Business Insider

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10 Things You Need To Know In Markets This Morning (DIA, SPY, SPX, QQQ)

Good morning! Here's what you need to know. Saudi Arabia Isn't Budging On Oil. Saudi Arabia stands by its decision not to cut oil production despite tumbling prices. "Referring to countries outside of the Organization of the Petroleum Exporting Countries, Saudi Oil Minister Ali al-Naimi told reporters: 'If they want to cut production, they are welcome: We are not going ...

Tags: 10 Things You Need To Know In Markets This Morning (DIA, SPY, SPX, QQQ),  Xiaomi Latest News

1 HOUR AGO - TheStreet

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December 22 Premarket Briefing: 10 Things You Should Know

NEW YORK (TheStreet) -- Here are 10 things you should know for Monday, Dec. 22: 1. -- U.S. stock futures were higher and European and Asian stocks rose as oil prices rebounded. Saudi Petroleum Minister Ali Naimi said Sunday he was certain the oil market would recover with the improvement of the global economy. Crude oil traded electronically on the ...

Tags: December 22 Premarket Briefing: 10 Things You Should Know,  Xiaomi Latest News

8 HOURS AGO - Yahoo! News

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Mexico competition watchdog signs off on AT&T's Iusacell buy

MEXICO CITY (Reuters) - Mexico's competition regulator on Sunday approved AT&T Inc's $1.7 billion purchase of local cellphone company Iusacell, with unspecified conditions, a statement said. The Federal Competition Commission said it set conditions on the deal to "avoid risks to the process of competition" in markets where Iusacell would compete with Carlos Slim's America Movil, which previously counted AT&T ...

Tags: Mexico competition watchdog signs off on AT&T's Iusacell buy,  Iusacell Latest News

12 HOURS AGO - Business Insider

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Mexico Competition Watchdog Signs Off On AT&T's Iusacell Buy

MEXICO CITY (Reuters) - Mexico's competition regulator on Sunday approved AT&T Inc's $1.7 billion purchase of local cellphone company Iusacell, with unspecified conditions, a statement said.The Federal Competition Commission said it set conditions on the deal to "avoid risks to the process of competition" in markets where Iusacell would compete with Carlos Slim's America Movil, which previously counted AT&T as ...

Tags: Mexico Competition Watchdog Signs Off On AT&T's Iusacell Buy,  Iusacell Latest News