The Volcker rule will put in place new hurdles for banks that buy and sell securities on behalf of clients and will restrict compensation that provides incentives for risky trading, according to a draft.
Time Warner Cable's incoming Chief Executive Rob Marcus said there are "clearly" programming cost and other benefits to cable industry consolidation, but indicated Time Warner Cable doesn't want to overburden its balance sheet with debt.
Russia's first entry in the crowded smartphone market is an engineering feat. But the YotaPhone, which has an LCD color screen on the front and an e-paper reader on the back, may be dismissed as nothing more than a gimmick.
Retailers ranging from Sears to Saks have all embraced shipping to compete against Amazon. They are shuttling merchandise store to store, warehouse to store, store to customer—often both quickly and free.