Philippine Casino Rules Offer Clean Getaway for Dirty Money

Related Link: 

The Philippines allows large amounts of untraceable cash to wash through casinos’ VIP junket rooms without the operators having to identify its source or report it to authorities, opening the door to money launderers.

Airlines to Gather at IATA Event

Related Link: 

The airline industry has finally shaken off its boom-and-bust past, says the head of the world’s largest carrier, but investors aren’t buying it. It’s a challenging mix for executives gathering in Dublin for the annual jamboree hosted by the International Air Transport Association.

Viacom CEO Gets June Hearing in Lawsuit Over Redstone Trust

Related Link: 

A judge granted Viacom Chairman Philippe Dauman and board member George Abrams’ request for a speedy hearing after the two sued to invalidate their removal from a trust to oversee media mogul Sumner Redstone’s holdings.

Janet Yellen Sees Rate Hike Coming Soon

Related Link: 

Federal Reserve Chairwoman Janet Yellen on Friday signaled the central bank will likely raise interest rates within months if the U.S. economy keeps gaining strength.

Once-Monthly MS Injection Approved in U.S.

Related Link: 

U.S. regulators approved the once-monthly injection to treat multiple sclerosis made by Biogen and AbbVie, but with a warning about the drug causing possible liver damage.

Big Oil Companies Stay Shy Despite Upswing in Prices

Related Link: 

The world’s biggest energy companies are treating with caution the rally that briefly lifted crude-oil prices over $50 a barrel this week, wary of boosting spending and production too soon.

Trademark Board Issues Mixed Opinion in Coca-Cola 'Zero' Dispute

Related Link: 

U.S. trademark authorities said Coca-Cola Co. doesn’t have exclusive rights to use “zero’’ even as they agreed to register the common English word for the company’s diet-soda and sports-drink brands.

U.S. First-Quarter GDP Growth Revised Higher to 0.8%

Related Link: 

The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.

Verizon, Unions Reach Labor Pact

Related Link: 

Verizon Communications and its labor unions have reached an agreement in principle that would end a weekslong labor strike.

The Economy vs. Earnings: Companies Aren't Winning

Related Link: 

The U.S. economy isn’t as weak as the GDP report suggests. As that becomes clear, companies will need to find another excuse.

Syndicate content