Fed proposes higher capital surcharges for eight big U S banks
The Fed votes to require top eight banks including JPMorgan Chase CitiBank and Bank of America to raise capital buffers. The plan ties additional requirements to risk and short term funding reliance with phased 2016 to 2018 implementation and a 2019 full plan target.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Jpmorgan Chase
Citigroup
Bank of America
Fed
Stanley Fis
Cher
Jpmorgan
Andrew Gray
Goldman Sachs
Wells Fargo
Morgan Stanley
Bank of New York Mellon
State Street Bank
Janet Yellen
U.S. job openings rise to near 14-year high
U.S. job openings climbed 3.2 percent in October to 4.83 million, the second highest in 14 years, while total hiring slipped 0.4 percent to 5.1 million. Quits remained near a six-year high at 2.7 million, signaling a more dynamic labor market and potential wage gains amid ongoing hiring.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Nissan to pay up to 800 in brake defect settlement
Nissan and Infiniti recall 133000 U S vehicles for possible fuel leak fire hazard covers 2012 14 Juke 2012 13 M56 QX56 and 2014 15 Q70 QX70 models. No injuries reported. Affected owners may receive refunds 20 to 800 based on mileage after a judge approves the settlement. notices will be mailed and recall begins in January.
MENTIONED IN THIS ARTICLE
New York
Nissan
Infiniti
U.S
National Highway Traffic Safety Administration
Hyundai recalls nearly 43 thousand Genesis and Equus cars
Hyundai is recalling about 43 000 luxury Genesis and Equus vehicles in the United States due to brake lights that may fail to illuminate. The repair involves the stop lamp switch circuit and will be performed by dealers at no charge. Notifications to owners are expected early next year.
MENTIONED IN THIS ARTICLE
Detroit
Hyundai
U.S
Genesis
Exxon bullish forecast envisions abundant oil and gas through 2040
ExxonMobil projects world energy supply rising through 2040 with oil and natural gas remaining plentiful and affordable. North America could become a major natural gas exporter by 2025 as drilling advances unlock unconventional resources. The forecast notes emissions policies but remains skeptical about rapid renewable energy costs.
MENTIONED IN THIS ARTICLE
New York
North America
ExxonMobil
U.S
Bill Colton
Exxon
Colton
International Energy Agency
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The
Associated Press
Deer Park
Texas
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