Saturday, November 01, 2014
 
 
 
U.S. authorities are investigating London-based Standard Chartered Plc for potential U.S. sanctions violations connected to its banking for Iranian-controlled entities in Dubai. The latest investigation involving the bank is based, in part, from evidence that emerged during a separate probe of BNP Paribas, the French bank that pleaded guilty this summer to charges related to sanctions-busting and agreed to pay $8.9 billion in penalties.

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U.S. stock index futures rallied on Friday after the Bank of Japan significantly ramped up its stimulus program just days after the U.S. Federal Reserve wound down its own package of economic incentives. * The BOJ's board voted 5-4 to accelerate purchases of Japanese government bonds, increasing its holdings at an annual pace of 80 trillion yen, or $723.4 billion, while tripling its purchases of exchange-traded funds and real-estate investment trusts.

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The top U.S. cable and broadband provider reassured the U.S. Senate Judiciary Committee chairman in a recent letter, Comcast Corp has no plans to create "fast lanes" for any Internet websites or applications. Senator Patrick Leahy last week wrote to top Internet service providers, asking them to pledge to reject so-called paid prioritization deals, in which content companies would pay ISPs to ensure smooth and fast delivery of their traffic.   [READ MORE]
September 20, 2014
by Lotus Abrams for America's Backbone Weekly
 
SMB owners have positive outlook, health insurance offerings, climate change   [READ MORE]
 
The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals.   [READ MORE]
 
The Federal Reserve on Wednesday ended its monthly bond purchase program and dropped a characterization of U.S. labor market slack as "significant" in a show of confidence in the economy's prospects. In a statement after a two-day meeting, the central bank largely dismissed recent financial market volatility, dimming growth in Europe and a weak inflation outlook as unlikely to undercut progress toward its unemployment and inflation goals.   [READ MORE]
 
 
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