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Business Institutions

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  • Jay Ambrose: 'Comprehensiveness' � not a four-letter word but just as bad

    Obamacare appears to be headed for still another Supreme Court visit, and one reason is clear. It suffers from comprehensiveness, a legislative affliction viewed by many as remedy and fervently sought whether the subject is health care, financial institutions, immigration or you name it.
  • Thomson Reuters reports better-than-expected profit

    (Reuters) - News and information company Thomson Reuters Corp on Wednesday reported a higher-than-expected quarterly profit on a 1 percent rise in revenue, boosted by growth in its Tax & Accounting and Legal divisions. The company also announced a plan...

    Obama: New Russia sanctions will have 'an even bigger bite'

    Obama: New Russia sanctions will have 'an even bigger bite'
    President Obama announced a new round of U.S. sanctions on Russia's banking, arms and energy sectors, the latest step intended to punish Moscow for backing separatist militias in eastern Ukraine.  "Today is a reminder that the United States means what...

    Saudi Arabia to open $530 billion bourse to foreigners in early 2015

    RIYADH/DUBAI (Reuters) - Saudi Arabia plans to open its stock market, the Arab world's biggest, to direct investment by foreign financial institutions in the first half of next year, the market regulator said on Tuesday. The opening of the Saudi market,...

    Over 30 financial institutions defrauded by phone apps used to intercept passwords

    Over 30 financial institutions defrauded by phone apps used to intercept passwords
    SAN FRANCISCO (Reuters) - More than 30 financial institutions in six countries have been defrauded by sophisticated criminal software that convinces bank customers to install rogue smartphone programs, a major security company reported on Tuesday. Though...