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May 2, 2014

YouTube | Al Jazeera English has uploaded Kerry in South Sudan in push to halt conflict and 3 other videos.

Al Jazeera English has uploaded Kerry in South Sudan in push to halt conflict and 3 other videos
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Kerry in South Sudan in push to halt conflict
Al Jazeera English
Russia demands Ukraine pay its gas bill
Al Jazeera English
UK presenter denies using racial slur
Al Jazeera English
Scores killed in series of Syrian attacks

YouTube | RT has uploaded Dramatic video: Odessa Trade Unions building on fire with dozens of activists blocked inside.

RT has uploaded Dramatic video: Odessa Trade Unions building on fire with dozens of activists blocked inside
Dramatic video: Odessa Trade Unions building on fire with dozens of...
At least 38 anti-government activists died in fire at Odessa's Trade Unions House after suffocating with smoke or jumping out of windows of the burning building, Ukrainian Interior Ministry reported. The building was set ablaze by the pro-Kiev radicals - READ MORE

YouTube | RT has uploaded Video: Ukraine's, Russia's and US envoys to UN confront over mounting crisis

RT has uploaded Video: Ukraine's, Russia's and US envoys to UN confront over mounting crisis
Video: Ukraine's, Russia's and US envoys to UN confront over mounti...
Russia has called for an urgent session of the UN Security Council over the Ukraine's military operation in the eastern city of Slavyansk.

YouTube | RT has uploaded 'Humanitarian' Chuck 'roadshow of terror' Hagel -

RT has uploaded 'Humanitarian' Chuck 'roadshow of terror' Hagel
'Humanitarian' Chuck 'roadshow of terror' Hagel
Watch the full Keiser Report: Saturday
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the $1 trillion humanitarian budget in America and the Roman precedent for it. They also discuss the new World Bank purchasing power parity estimates which see China's economy surpassing America's later this year, knocking the US economy off the top where it has been since 1872. In the second half, Max interviews Nafeez Ahmed about Tony 'Blood for Oil' Blair and the real reason for the American 'humanitarian' military missions to Europe, Asia and beyond.

DealBook P.M. Edition - May 2, 2014: Weekend Reading: Targeting Big Banks. No, Not Those Big Banks..

For the latest updates, go to »
FRIDAY, MAY 2, 2014
Weekend Reading: Targeting Big Banks. No, Not Those Big Banks. The news this week that federal prosecutors were nearing criminal charges against a French bank and a Swiss bank received a mixed reaction from a public weary over the mantra that Wall Street is "too big to jail."

"C'mon G-Man trough feeder; go after the real crooks, they live in Manhattan, not in Zurich or Paris," Jeff Burkhart of Lemoore, Calif., wrote in one of more than 550 reader comments published with Tuesday's article.

Prosecutors have opened criminal investigations into fraud at American banks, but those inquiries are at an earlier stage.
For the latest updates, go to »

A look back on our reporting of the past week's highs and lows in finance.
AstraZeneca, the British drug maker, has turned down a number of takeover approaches from Pfizer.
AstraZeneca Rejects Pfizer's Improved Offer, as British Politics Swirl In a second bid for its British rival, American drug giant Pfizer on Friday increased its offer by 7 percent. But AstraZeneca said the terms substantially undervalued the company.
A Citibank branch in Philadelphia. Virtually all of the big banks' derivatives trading benefits from federal support.
Wall Street's Quiet Turnabout on Swaps Although Wall Street banks have opposed a rule requiring that they push some of their derivatives trading into less-protected entitities, they now appear to be doing just that.
FitBit recalled the Force wristband in February.
Readers Get to Weigh In on Apologies Apology Watch is introducing surveys to allow readers to share their views and evaluate the authenticity of apologies, Dov Seidman writes.
Pfizer's chief, Ian Read, is working on getting the support of the British government for the firm's bid for AstraZeneca.
Reuters Breakingviews: Pfizer Has Yet to Make a Compelling Bid to AstraZeneca's ShareholdersPfizer's latest offer for its rival seems cheap to shareholders who view AstraZeneca's turnaround as well advanced, Neil Unmack writes.
Antony Ressler, co-founder of Ares Management, which plans to go public on Friday.
Ares Management Slumps in Trading Debut Shares of Ares opened on Friday at $18.15 on the New York Stock Exchange, 4.5 percent below the I.P.O. price.
UBS Hires Barclays' Global Chairman of Investment BankingUBS of Switzerland said on Friday that it had hired one of Barclays' most senior bankers in the United States, Ros Stephenson, contributing to a stream of departures from the British firm.
Royal Bank of Scotland's office in London.
R.B.S. Profit Triples on Lower Loan Charges and One-Time Gains The Royal Bank of Scotland's quarterly profit of 1.19 billion pounds, or about $2.01 billion, sent the lender's shares up by 11.5 percent in morning trading in London.
Warren Buffett, chief of Berkshire Hathaway.
Berkshire's Energy Arm to Buy AltaLink, a Power Transmission Company The deal - struck on the eve of Berkshire's annual investor meeting in Omaha, Neb. - is the latest takeover struck by the conglomerate's energy arm.
William Ackman, left, has wagered $1 billion against Herbalife,while Carl Icahn, right, has bet on the company's success
U.S. Looks Into Wagers, Pro and Con, on HerbalifeFederal agencies have trained their focus on traders who bet both on the diet supplements company and against it.
Merck's consumer unit includes popular products like the allergy medicine Claritin.
Merck Said to Be Near Closing Deal With Bayer The big health care company, is close to a deal to sell its consumer unit to Bayer for about $14 billion, a person briefed on the matter said on Thursday.
In perhaps its most prominent deal recently, Ares teamed with a Canadian pension plan to buy the luxury retailer Neiman Marcus.
Ares Management Set to Go Public, Joining RivalsShares in the initial public offering for the private equity and debt investing firm based in Los Angeles were priced at $19 each, valuing Ares at about $4 billion.
Henry Kravis, co-founder of the private equity firm Kohlberg Kravis Roberts, which wants to reach out to so-called retail investors.
K.K.R. Seeks to Attract Investments as Small as $10,000 Kohlberg Kravis Roberts is working with another firm to allow smaller investors to gain exposure to its private equity funds, part of a broader push by the industry.
Kareem Serageldin:
Why Only One Top Banker Went to Jail for the Financial Crisis The economic catastrophe of 2008 was the largest of its kind since the Depression. Who's taking the fall?
Banks improperly denied loan modifications that could have prevented foreclosures, like one in Miami Beach, a new report found.
Big Banks Erred Widely on Troubled Mortgages, U.S. Regulator Confirms A new report from a banking regulator offers a snapshot of the morass of problems that mortgage holders who fell behind in payments experienced during the financial crisis.
Deepak Narula of Metacapital Management is said to be planning to start a fund to invest in delinquent mortgages.
Funds for Troubled Mortgages Are on the RiseDistressed-mortgage funds are suddenly hot, but it is unclear whether the strategy of investing in delinquent home loans will live up to the marketing hype.
David M. Rubenstein, the co-founder and co-chief executive of the private equity giant Carlyle Group.
Profit at Carlyle Falls 18% as Real Estate Investments Underperform Private equity may be a booming business, but the Carlyle Group was weighed down by declines in its global market strategies business and real assets segment.
A Pepco worker in Maryland, one of several East Coast states in which the company operates.
Hoping for Stability, Utility Operator Exelon Agrees to Buy Pepco for $6.8 Billion The acquisition is the latest effort by a utility to cut costs by growing larger as the industry contends with declining electricity sales and gas prices.
A branch of BNP Paribas in Paris.
BNP Paribas Says U.S. Penalties May Top the $1.1 Billion It Set Aside In its earnings report, the bank said discussions over penalties showed "a high degree of uncertainty" as to the amount the United States might impose.
The headquarters of the French bank BNP Paribas in Paris, left, and the Swiss bank Credit Suisse in Zurich.
Two Giant Banks, Seen as Immune, Become TargetsProsecutors are investigating Credit Suisse for offering tax shelters and BNP Paribas for helping blacklisted countries, seeking to criminally punish the banks without putting them out of business and damaging the economy.
TXU 2007: Biggest leveraged buyout ever. Now: Among biggest private-equity acquisitions to file for bankruptcy.
Settling the Bets of the Private-Equity Megadeal's Golden Age Energy Future, which lost billions of dollars as natural gas prices fell, will become one of the largest Chapter 11 filings in corporate history.
Hugh E. McGee III in 2011. Barclays named him chief for the Americas last May, and he is leaving the job on Wednesday.
Top Officer of Barclays in America Is Leaving Hugh E. McGee III will leave his post on Wednesday, even as the bank prepares to create a new holding company for its American business by July 2016.
A stall in Nantong in the Jiangsu province of China, which is the world's biggest pork consumer.
Big Chinese Pork Producer Cancels Its $1.9 Billion I.P.O. The WH Group decided to cancel its initial public offering of stock in Hong Kong because of lackluster demand.
The Senate Banking Committee is considering replacing Fannie Mae and Freddie Mac with a federal insurance program.
Alliance Battles to Save Fannie and Freddie Bruce R. Berkowitz's fund, an investor in Fannie Mae and Freddie Mac, is helping a group that supports the companies that lawmakers are trying to wind down.
Deal Professor: Yahoo Chief's Pay Tied to Another Company's Performance Paydays like Marissa Mayer's might illustrate that it is often good fortune rather than individual performance that accounts for the bulk of executive pay.
Pfizer's chief executive, Ian C. Read, a Briton, said Pfizer found it was hard to compete with other acquirers while saddled with
Pfizer Proposes a Marriage With AstraZeneca, Easing Taxes in a Move to Britain The company on Monday proposed a $99 billion acquisition of its British rival AstraZeneca, a move that would allow Pfizer to tap into a mountain of cash trapped overseas.
Following the accounting error, Brian Moynihan, Bank of America's chief, will have to again rebuild trust in the bank.
Bank of America Finds a Mistake: $4 Billion Less Capital After Bank of America reported its error, the the Federal Reserve required the bank to suspend a share buyback and a planned increase in its quarterly dividend.
Bank of America said it got the net earnings right every year, but it mishandled the adjustments to its capital.
News Analysis: Bank of America's Bad Accounting If a new accounting rule had been in effect, it appears that the bank could not have made the mistake that forced it to withdraw its capital plan.
Last year, regulators had negotiated a $10 billion deal with 15 banks over foreclosure issues.
G.A.O. Report Sees Deeper Bank Flaws in Foreclosures When regulators ended a review of foreclosures last year, most banks had not finished examining their practices, according to a draft report by the Government Accountability Office.
Mythili Raman is leaving the Justice Department to join several former colleagues at the Covington & Burling law firm.
Key Justice Dept. Official Is Latest to Join Law FirmMythili Raman, who led the Justice Department's criminal division until last month, is the latest former senior official to join Covington & Burling.
A Barclays office in New York.
Charges in Libor Case for 3 From Barclays Britain's Serious Fraud Office said the three men, all former employees of Barclays in New York, would face charges of conspiracy to defraud.
AstraZeneca, the British drug maker, has turned down a number of informal takeover approaches from Pfizer.
Pfizer Move for AstraZeneca Seen Pfizer is close to publicly unveiling its interest in acquiring AstraZeneca of Britain, in what would be one of the biggest deals among drug makers.
The chief executive of Charter Communications, Thomas M. Rutledge, praised the deals announced on Monday.
Charter and Comcast to End Fight Over Time Warner Cable The arrangement with Comcast, which has agreed to acquire Time Warner Cable, would allow Charter Communications to become the country's second-largest cable operator.
Donald R. Mullen Jr. wants to set up a $1 billion fund to buy troubled home loans.
Soured Mortgages Attract Institutional Dollars A Wall Street executive who helped Goldman Sachs make more than a billion dollars betting against mortgages now wants to buy up troubled home loans.
Jeffrey R. Immelt, chief of General Electric, met with President Francois Hollande of France at the Elysee Palace in Paris on Monday.
France Defers G.E. Plan to Buy Energy Business The French economy minister said economic sovereignty was at stake and that Siemens – Alstom's German rival – was making an offer of its own.
For the latest updates, go to »