The Commodity Futures Trading Commission is seeking feedback on proposed rules governing automated trading. The proposal includes "common sense risk controls that I believe recognize the benefits that automated trading has brought to the markets, while seeking to protect against the possibility of breakdown and disruption that can come with it," Chairman Timothy Massad said.
The Tory Burch Foundation has announced a fellowship program focused on helping women expand their businesses -- and for one lucky winner, that means $100,000. After 30 semifinalists are vetted, public voting will narrow it down to 10, who will receive grants, an assigned mentor for one year and a three-day trip to New York.
A Nebraska school district has partnered with the local library system to expand Internet access for students. Under the agreement, students will be able to access the school district's network from the library. The agreement comes as the school system is preparing to roll out a one-to-one Chromebook program.
Some European Parliament lawmakers are supporting the European Commission's request to delay the introduction of the revised Markets in Financial Instruments Directive to January 2018 on condition the commission adjusts the draft rules on curbing large positions in commodities. Some lawmakers sent Jonathan Hill, European financial-services commissioner, a letter saying they are open to postponing MiFID II.
Two turkeys named Honest and Abe will be pardoned by President Barack Obama today, as part of a tradition that's also a carefully staged lobbying event run by the National Turkey Federation. This year's turkeys have been picked for their personalities, says Foster Farms Manager Joe Hedden. "We want to present the president with a well-mannered and socially skilled turkey that's going to act right on the big day," he says.
A 2014 budget measure inspired by Sen. Marco Rubio, R-Fla., could leave President Barack Obama's health care reforms on the rocks, by making it impossible for the administration to fund critical "risk corridors" that shield insurers from initial losses. Rubio's measure blocked officials from dipping into Medicare funding or other resources to top up its risk-corridor fund, leaving the administration without the cash needed to keep paying insurers. "I think this is one of the most effective things they've done so far in terms of trying to undermine the Affordable Care Act," says health care law expert Tim Jost.
CP+B is telling consumers it's OK to eat Stove Top Stuffing all year, with a push called the "The Artisinal Hipster Pilgrim." A series of spots show the bearded, bespectacled character teaching a variety of people how stuffing can be incorporated into everyday life, not just saved for Thanksgiving.
The chaos critics predicted when Zappos CEO Tony Hsieh switched to a workplace where employees manage themselves didn't materialize, said John Bunch, a technical adviser to Hsieh. Instead, employees at the Amazon-owned online shoe retailer adapted to the change and adopted new rules by consensus, including making the office a dog-friendly workplace.
Retailers report a growing demand for television screens that are 60 to 65 inches or bigger. Stores are now stocking a larger range of 4K sets as consumer interest grows. "It was not that long ago that we used to say that anything over 40 inches is large," said Shawn Dubravac, senior director of research at the Consumer Technology Association. "Today the average screen size is about 47 inches, up from 29 inches not too many years ago."
A new takeover bid for Baxalta is reportedly being prepared by Shire. A source said the potential cash-and-share takeover plan is not yet final and could fail. The acquisition would make Shire a leading rare disease specialist with sales revenue of about $20 billion in 2020.
The nation's top carriers and some smaller ones have disclosed their holiday weekend deals -- some of which include "Cyber Monday." They include deep discounts on new phones and tablets, strong incentives to switch carriers, free data buckets and giveaways of products apart from mobile devices.
The rail infrastructure in Connecticut is aging and uses less than all its tracks because of frequent repairs. Gov. Dannel P. Malloy wants to modernize the rail system and spend $100 billion over the next 20 years on the state's transportation infrastructure, including reconfiguring the railroad tracks in a way that could potentially quadruple service.
Climate change is like a flaming oil truck careering down the highway, and how we react now will determine the extent of the coming catastrophe, writes Robert Litterman, a partner at Kepos Capital. "Investors who own stranded assets need to recognize that the climate risk truck is barreling down the highway toward us -- and we need to price emissions appropriately before it's too late," he argues.
Hawaiian Airlines is hinting at a potential brand makeover soon, including an update to the carrier's uniforms. "In the next 12-18 months, we will look at our logo, livery and uniforms," said Hawaiian's Avi Mannis.
The growing sustainability movement is favored by most hotel guests, but varying tolerance for resulting inconvenience must be taken into account. Reduced or slowed heating and cooling capacity may be more acceptable to a resort hotel guest than a business traveler in urban lodgings, for example. As real estate, though, green structures enjoy high desirability.