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BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesThe Securitiesand Exchange Commission announced today that NASD RegulationInc. censured and fined 21 securities firms for violationsof Rule G-36 of the Municipal Securities Rulemaking Board.At the same time, the Comptroller of the Currency sanctioneda…SEC
BUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESOn Friday, November 21, U.S.Securities and Exchange Commission Chairman Arthur Levitt, U.S.Representative Greg Ganske, and Craig Goettsch, Iowa’sSuperintendent of Securities, will hold an Investors’ TownMeeting at the Embassy Suites Hotel in…SEC
BUSINESS30m agoDoes Hong Kong’s economy serve the people or profit?China has lifted nearly 800 million people out of extreme poverty, arguably the greatest achievement in poverty reduction in human history. Even so, no mainland Chinese economist has won the Nobel Prize in Economic Sciences. Across the Pacific, the United States has produced about 75 per cent of Nobel economics laureates, even as its economy staggers under mounting public debt, chronic fiscal deficits, and recurring financial crises and government shutdowns. Of the 99 economics laureates ever...South China Morning Post
BUSINESS44m agoChina's exports likely grew by double-digits in SeptemberThe country's customs agency is due to release September trade data on Wednesday.CNBC
BUSINESS44m agoUS fines Bank of America $1.2bn for money laundering, sanctions violationsThe second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.Al Jazeera [en]
BUSINESS47m agoLocal fire departments blame private equity for rising equipment costsSome departments are engaged in a class action lawsuit against apparatus manufacturers.CBS News
BUSINESS1h agoGuyana weighs scaling back LNG plans as Exxon says more gas needed for its wells - ReutersGuyana is considering reducing its Liquefied Natural Gas (LNG) development plans, even as ExxonMobil indicates a need for more gas for its operations. This suggests a potential shift in energy project strategies and economic considerations for the country.Seeking Alpha Tech
BUSINESS1h agoIt's official | Workers in Texas, Florida, Nevada, Washington, Tennessee, Alaska, Wyoming, and South Dakota do not have to pay this tip taxThe deduction covers more than 70 occupations and has an annual income limit. Tips must be voluntary and given in cash, checks, or credit or debit card.Clarín
BUSINESS1h agoWhy did Hong Kong’s 11 Skies fail and can the megaproject be rescued?The roar of plane engines and the hustle and bustle at Hong Kong International Airport’s Terminal 2 present a stark contrast to the pin-drop silence at the adjacent 11 Skies commercial complex. A South China Morning Post reporter who travelled between the two places in early October found minimal footfall at the shopping centre, with the bright and airy environment of the airport terminal replaced by dim, stuffy and boarded-up corridors, and poor air conditioning amid the simmering outdoor...South China Morning Post
BUSINESS1h agoSingapore third-quarter GDP growth softens from four-year high but beats estimatesThe GDP print beat expectations of a 5% growth from economists polled by Reuters.CNBC
BUSINESS1h agoSan Luis Potosí auto cluster sees potential for Chinese manufacturing investmentBYD is among the Chinese automakers that have expressed interest in opening a plant in Mexico. But neither BYD nor any other Chinese automaker has opened a plant in the country to date. The post San Luis Potosí auto cluster sees potential for Chinese manufacturing investment appeared first on Mexico News DailyMexico News Daily
BUSINESS1h agoSaudi employee arrested for allegedly bugging OpenAI officeA Saudi employee of OpenAI was arrested after allegedly planting a recording device in one of the company's San Francisco offices, the AI firm and federal prosecutors said…Japan Today
BUSINESS1h agoIt was foreseen: Congress and government agree to pay less debt in 2027Baja en 6 billones y estaba previsto en los planes del gobierno como estrategia de negociación. The post Estaba cantado: Congreso y gobierno acuerdan pagar menos deuda en 2027 appeared first on La Silla Vacía.La Silla Vacía
BUSINESS2h agoU.S. diesel futures jump while crude oil closes mixedU.S. diesel futures have seen a jump in value, while crude oil prices concluded with mixed results. This highlights recent fluctuations in energy commodity markets.Seeking Alpha Tech
BUSINESS2h agoUS fines Bank of America US$1.2 billion, says it violated money laundering, sanctions lawsThe US Treasury Department said on Tuesday that it was imposing US$1.2 billion in fines on Bank of America for allegedly violating anti-money-laundering and sanctions laws. The fines on America’s second-biggest bank amount to the third-largest in the department’s history. “When a bank of this size fails to meet its anti-money-laundering and sanctions obligations, the consequences extend far beyond its own walls, exposing the entire US financial system to significant illicit finance risks,”...South China Morning Post
BUSINESS2h agoOpenAI engineer charged after listening device found in meeting roomUS authorities say a Saudi national was arrested and charged after allegedly planting a concealed surveillance device.Al Jazeera [en]
BUSINESS2h agoTelevisa announces agreement to buy AT&T Mexico's mobile telephonyTelevisa and Fintech Holdings are buying AT&T's mobile business in Mexico for $2 billion, forming an equal consortium. The operation, subject to regulatory approval, includes mixed financing and is expected to conclude in 2027; AT&T is the second largest mobile operator in the country.Clarín
BUSINESS2h agoGoldman says investors are looking for 'profitable' Chinese business growth overseasSluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.CNBC
BUSINESS3h agoViva-Volaris airlines merger likely to proceed, Reuters reportsBoth are low-cost airlines, and regulators are looking to make sure they stay that way once they join forces to control under one company 73% of domestic air travel. The post Viva-Volaris airlines merger likely to proceed, Reuters reports appeared first on Mexico News DailyMexico News Daily
BUSINESS3h agoRetirees: due to the frozen bonus, the November pension increase varies between 1.57% and 1.93%• La falta de actualización del refuerzo de 70.000 pesos impacta a tres millones de jubilados del sistema nacional y a un millón y medio de pensionados. • Con el nuevo incremento, el haber mínimo total ascenderá a 514.158 pesos, mientras que el haber máximo llegará a 2.988.766 pesos.Clarín
BUSINESS3h agoNew Washington Post podcast tackles personal finance for "real people"Personal finances are tricky, so the Washington Post launched a new podcast on Tuesday to help everyday people with just that. Michelle Singletary, host of "Dollars & Sense," joins "The Takeout" to discuss her approach to the show.CBS News
BUSINESS3h agoTexas sits on a lithium gold mine, but doubts arise about how the state will regulate mining and productionA huge lithium deposit crosses several southern US states. Various companies plan to extract it as a residue from oil and gas deposits.Clarín
BUSINESS3h agoPickleball franchisor files for bankruptcy as CEO admits ‘that’s on us’ for business mistakeAll clubs and franchise locations remain fully operational while the parent company restructures its debts in bankruptcy courtThe Independent World
BUSINESS3h agoWells Fargo outlines $50B ± 2026 net interest income and ~$13B Q4 net interest income while planning stablecoins in H1 2027Wells Fargo has provided its financial outlook, including projections for net interest income in 2026 and Q4, and announced plans for stablecoins in the first half of 2027. This reveals the bank's strategic financial targets and future technology initiatives.Seeking Alpha Tech