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Fed’s Kashkari favors higher capital requirements, smaller banks

April 18, 2016 by · Leave a Comment 

“I agree that many current reform efforts are headed in the right direction, particularly those that make banks stronger with additional capital, deeper liquidity and stress testing,” Kashkari said. Kashkari, who during the financial crisis ran the government's $700 billion bank bailout program, has been campaigning for solutions to the nation's “too…

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Fed’s Kashkari favors higher capital requirements, smaller banks

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Silicon Valley veteran Bill Campbell dies

April 18, 2016 by · Leave a Comment 

Campbell was chief executive of tax software maker Intuit Inc from 1994 to 1998 and again for a few months until January 2000. “He helped us build Google and in countless ways made our success possible,” Eric Schmidt, executive chairman of Alphabet Inc, said in a post.

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Silicon Valley veteran Bill Campbell dies

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The global oil deal that never came to be

April 18, 2016 by · Leave a Comment 

It was supposed to be the easiest deal ever reached among key oil market players, a mere formality. Eighteen countries were gathering in the Qatari capital of Doha to rubber-stamp the first joint agreement between major OPEC and non-OPEC nations in 15 years, tackling a huge global glut after flooding the market for two years. Oil prices were rising.

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The global oil deal that never came to be