 | | | | The Financial Industry Regulatory Authority plans to look at enhancing the disclosure regime for broker dealers that sell digital assets, and may also update its rules around how options accounts are opened, the head of Wall Street's self-regulatory body said on Wednesday. | | | | | | United Airlines Holdings on Wednesday reported a narrower-than-expected fourth-quarter loss, helped by strong holiday travel demand. | | | | | | Britain's payments regulator on Tuesday fined five payments companies including Mastercard a total of 33 million pounds ($45.01 million) for cartel behaviour involving prepaid cards issued to vulnerable people on welfare benefits. | | | | | | The Nasdaq's loss on Wednesday left it down nearly 11% from its November record high close, marking the fourth time in the nearly two years since the coronavirus pandemic shook global markets that the tech-heavy index has found itself in a correction. | | | | | | U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support it provides to the U.S. economy, in light of rising prices and the pace of recovery. | | | | | | Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world's second-largest luxury group said on Wednesday. | | | | | | Kinder Morgan Inc reported a rise in quarterly adjusted profit on Wednesday as the U.S. pipeline operator transported higher volumes of gasoline and jet fuel. | | | | | | Big U.S. banks will spend more on salaries and benefits this year as inflationary pressures, pandemic risks and the tight labor market force them to raise wages to get and keep workers. | | | | | | Alphabet Inc's Google said this week it would immediately improve enforcement of an age-sensitive ad policy after Reuters found ads for sex toys, liquor and high-risk investments in its search engine that should have been blocked under its efforts to comply with UK regulations. | | | | | | The U.S. Securities and Exchange Commission (SEC) will vote next week to propose boosting hedge fund disclosures in a bid to enhance industry oversight and investor protections, the agency's chair said on Wednesday. | | | | | |
