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Video: Exclusive: JPMorgan's Proposed $4.5 Billion Deal To Be Accepted For Most Trusts- Source

08/01/14 According to a person familiar with the matter, trustees representing investors in JPMorgan Chase & Co's $4.5 billion settlement over money-losing mortgage-backed securities are expected to accept the bank's proposal for the vast majority of their trusts. The person said, the seven trustees overseeing the securities will accept the deal for all but perhaps two dozen of the 330 trusts included in the offer. ...Read More »

Video: Harley-Davidson Recalls Motorcycles Due To Ignition Problem

08/01/14 The U.S. National Highway Transportation Safety Administration said Harley-Davidson is recalling more than 3,000 motorcycles to fix an ignition switch issue that can cause the bikes to stall and crash. The U.S. motorcycle maker informed NHTSA that excessive engine vibrations could trigger the issue, which it said affects 3,361 of its 2014 FXDL Dyna Low Rider motorcycles. In July, the Milwaukee-based company told NHTSA it was recalling more than 66,421 Touring and CVO Touring motorcycles from the 2014 model year to fix a problem that could cause the bike's front wheels to lock up and crash.

 ...Read More »

Video: Argentina To Investigate If Debt Case Biased By Holdout Speculation

08/01/14 Argentina's economy ministry said on Friday it had asked the national securities watchdog to investigate whether litigation in the United States against the nation by holdouts was merely the "facade of speculative manoeuvre in favour of vulture funds." The ministry said the watchdog should investigate whether the holdouts litigated simply to earn profit on defaulted bonds they bought on the cheap as well as on credit default swaps, derivatives used to insure against default.

 ...Read More »
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Video: Harley-Davidson Recalls Motorcycles Due To Ignition Problem

08/01/14 The U.S. National Highway Transportation Safety Administration said Harley-Davidson is recalling more than 3,000 motorcycles to fix an ignition switch issue that can cause the bikes to stall and crash. The U.S. motorcycle maker informed NHTSA that excessive engine vibrations could trigger the issue, which it said affects 3,361 of its 2014 FXDL Dyna Low Rider motorcycles. In July, the Milwaukee-based company told NHTSA it was recalling more than 66,421 Touring and CVO Touring motorcycles from the 2014 model year to fix a problem that could cause the bike's front wheels to lock up and crash.

 ...Read More »

Video: Argentina To Investigate If Debt Case Biased By Holdout Speculation

08/01/14 Argentina's economy ministry said on Friday it had asked the national securities watchdog to investigate whether litigation in the United States against the nation by holdouts was merely the "facade of speculative manoeuvre in favour of vulture funds." The ministry said the watchdog should investigate whether the holdouts litigated simply to earn profit on defaulted bonds they bought on the cheap as well as on credit default swaps, derivatives used to insure against default.

 ...Read More »

Video: Internet Companies Berate Microsoft’s Recent Loss In Email Privacy Case

08/01/14 Yesterday Microsoft lost its appeal challenging the legal standing of a U.S. Government warrant to command access to data stored abroad. In the wake of Microsoft’s quick loss, internet service providers have criticized the court’s decision. Wayne Watts, AT&T senior executive vice president and general counsel, said the company supported Microsoft. ...Read More »

Video: 'Guardians' Rallies Summer Box Office With $11.2 Million Opening Night

08/01/14 Walt Disney said on Friday "Guardians of the Galaxy" stormed into the box office with a $11.2 million opening night and could outperform expectations if it keeps drawing viewers with a new leading man, strong reviews and social media buzz. "Guardians," the newest franchise from the Disney-owned Marvel universe, follows a rogue band of misfits on an intergalactic space adventure. ...Read More »

Video: 'Guardians' Rallies Summer Box Office With $11.2 Million Opening Night

08/01/14 Walt Disney said on Friday "Guardians of the Galaxy" stormed into the box office with a $11.2 million opening night and could outperform expectations if it keeps drawing viewers with a new leading man, strong reviews and social media buzz. "Guardians," the newest franchise from the Disney-owned Marvel universe, follows a rogue band of misfits on an intergalactic space adventure. ...Read More »

Video: Internet Companies Berate Microsoft’s Recent Loss In Email Privacy Case

08/01/14 Yesterday Microsoft lost its appeal challenging the legal standing of a U.S. Government warrant to command access to data stored abroad. In the wake of Microsoft’s quick loss, internet service providers have criticized the court’s decision. Wayne Watts, AT&T senior executive vice president and general counsel, said the company supported Microsoft. ...Read More »

Video: Airbus, Boeing Wide-body Jet Battle Triggers Warnings Of Oversupply

08/01/14 Airbus's summer sales campaign with the new A330neo airliner has triggered warnings of potential oversupply in the wide-body market and of a bruising price battle as the older-generation model undercuts rival Boeing's 787 Dreamliner. Two weeks after Airbus announced a revamp of its A330 at the Farnborough Airshow, the battle for wide-body sales is heating up as Delta Air Lines seeks to renew part of its fleet. The head of the U.S. ...Read More »


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