NEW YORK, Dec 6 - Former Goldman Sachs Group Inc trader Matthew Taylor was sentenced on Friday to nine months in prison and pay $118 million in restitution to his former employer after he pleaded guilty to pursuing an unauthorized $8.3 billion futures trade in 2007.
NEW YORK, Dec 6 - A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, a move they fear would drive prices up and service down and make planes more crowded.
Dec 6 - Currency speculators trimmed their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission and Thomson Reuters released on Friday.
NEW YORK, Dec 6 - Raymond James Financial Inc. has hired a team of three financial advisers from Wells Fargo in an effort to expand its independent employee business.
NEW YORK, Dec 6 - A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, which they fear would drive prices up and service down and make planes more crowded.
LOS ANGELES, Dec 6 - U.S. network NBC's live telecast of the musical "The Sound of Music" played to the tune of 18.5 million viewers, the Comcast Corp-owned broadcaster said on Friday, helping NBC inject some momentum into its entertainment division.
WASHINGTON, Dec 6 - The U.S. Federal Communications Commission, as long predicted, now plans to hold the so-called incentive auction of broadcast airwaves in mid-2015, a year later than originally intended, the agency chairman said on Friday.
WASHINGTON, Dec 6 - The U.S. Supreme Court agreed on Friday to rule on the divisive issue of what kinds of software are eligible for patent protection in a case being closely watched by the technology industry.
BRIEF-Trader sentenced to 9 months prison, ordered to pay Goldman $118 mln over S&P 500 e-mini futures trade
Dec 6 - * Former Goldman Sachs Group Inc trader matthew Taylor sentenced to 9
* Ten-year yields retrace after earlier hitting 2.93 percent * Some traders see short squeeze after initial yield spike * Strong jobs data raises bets that Fed will act sooner * Fed buys $5.13 billion notes due 2017, 2018 By Karen Brettell and Luciana Lopez NEW YORK, Dec 6 - U.S. Treasuries yields were steady on Friday after a strong jobs report briefly sent them surging to their highest since September, as investors evaluated when the Federal Reserve is likely to
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.