Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to consumers. Video
WASHINGTON - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. | Video
DETROIT - A new company hopes to make the car-buying process easier for consumers and more efficient for dealers by bringing cars to buyers for test drives, avoiding the need to spend hours at a dealership.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
ICE bars MF Global from floor, customers can unwind only
NEW YORK |
NEW YORK (Reuters) - ICE Futures U.S. on Monday barred MF Global brokers from its trading floors and said the stricken brokerage's customers will be limited to liquidation-only trading, effective immediately.
Additionally, the exchange -- one of the two biggest commodity markets in the world -- will no longer recognize MF Global or any of its divisions as a guarantor for purposes of floor trading privileges, ICE said in a notice.
(Reporting by Marcy Nicholson)
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