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The Economy
Only the Wealthy Gained During the Economic Recovery
A new Federal Reserve report reveals that the income disparities between the rich and the average American only increased during the economic recovery.
Tax
Hospira-Danone Tax Inversion Deal Stalls
The $5 billion cross-border deal involving the French company's medical nutrition business is apparently on hold.
Regulation
Swaps Collateral Rule Eases Impact on Nonfinancials
Federal regulators propose to ease up on margin requirements for end-users of swaps and permit more kinds of assets to be used as collateral.
People
Amazon CFO Szkutak to Retire Next Year
The change comes as CEO Jeff Bezos fields accusations that he's too focused on areas outside the company's core online retail business.
Global Business
Are China’s Antitrust Probes Unfairly Targeting U.S. Firms?
A new paper by the U.S.-China Business Council accuses China of violating due process in its zeal to shore up local businesses and markets.
Regulation
Fed Passes Revised Liquidity Rule for Big Banks
After a long wait, federal regulators vote to require banks to hold enough liquid assets to cover their net cash outflows for one month.
Risk
JPMorgan’s Balance Sheet Reflects Operating Risk Worries
After recent legal settlements and a cyber-attack, JPMorgan Chase is forced by regulators to hold more capital as a buffer against operational hazards.
Mobile
Mobile Payments Could Become Mainstream with iPhone 6
News sources are reporting that American Express, Visa and MasterCard might be teaming with Apple to create a market-changing mobile wallet.
Global Business
China No Longer An Investment Valhalla
Slow revenue growth and high labor costs are giving some U.S. firms second thoughts about increasing their stakes in the second-largest economy.
Bankruptcy
Judge’s Ruling Shakes Up Distressed Debt Market
A federal judge's ruling on a corporate bankruptcy case could have interesting implications for bondholders of distressed debt.
Capital Markets
Middle-Market Execs Bullish About Financing
CFOs, CEOs and other middle-market executives are confident about raising capital before the end of 2014, a study finds.
Leadership
A CFO Will Revolutionize the Advertising Industry
With ad agencies in a daily battle for revenue, a finance chief who figures out a more agile way of doing business will become a legend, a recruiter says.
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