Most Read on Bloomberg: Penny Stocks, BofA Cuts, Deutsche BankAudrey Barker
The following list comprises the of the most-read stories. Lists are based on daily statistics through Friday, March 21.
March 17 (Bloomberg) -- Short-sellers and stock promoters have puzzled for years over who operated one of the largest penny-stock websites. A U.S. lawsuit points to a Bugatti-driving 26-year-old from Montreal.
March 20 (Bloomberg) -- Bank of America Corp. is cutting jobs across co-Chief Operating Officer Thomas Montag’s global trading and investment banking units, according to three people with direct knowledge of the decision.
March 19 (Bloomberg) -- Deutsche Bank AG, Germany’s biggest bank, plans to cut more jobs at its investment bank to lower costs as business stagnates, two people with knowledge of the plan said.
March 21 (Bloomberg) -- Patrol planes are resuming the hunt for Malaysia’s missing jetliner in the Indian Ocean off Australia after an initial foray failed to find objects seen in satellite images that kindled hopes for a breakthrough.
March 19 (Bloomberg) -- The Federal Reserve gave itself room to keep borrowing costs low at least until next year by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
March 17 (Bloomberg) -- U.S. stocks rebounded from the worst weekly decline since January and Treasuries fell as better-than-forecast economic data overshadowed concern over Ukraine. Russian shares rallied with the ruble.
March 18 (Bloomberg) -- U.S. stocks climbed a second day as housing data bolstered confidence in the economy with the Federal Reserve meeting on policy. Treasuries advanced and the yen strengthened amid ongoing turmoil over the Crimea.
March 18 (Bloomberg) -- Barclays Plc, the U.K.’s second-largest bank by assets, paid 12 senior executives about 31.8 million pounds ($53 million) in stock, led by Americas chief Hugh “Skip” McGee.
March 18 (Bloomberg) -- Malaysian Air Flight 370’s disappearance became the longest in modern commercial aviation as investigators lacking new information to back other theories explored the possibility of pilot suicide.
March 19 (Bloomberg) -- The U.S. Federal Bureau of Investigation joined Malaysia’s inquiry into the missing jet as authorities sought to retrieve deleted data on a computer flight simulator belonging to the plane’s pilot.
March 19 (Bloomberg) -- Watching Chinese officials turn the tables on the U.S., I can’t help but wonder if they’ve been reading Stephen Roach’s new book.
March 17 (Bloomberg) -- If only America’s leaders were more Chinese. That’s the provocative suggestion made in a paper published by the Federal Reserve Bank of St. Louis, and it’s sure to elicit a smile among Communist Party bigwigs.
March 18 (Bloomberg) -- New York Attorney General Eric Schneiderman is out again with another reminder that he doesn’t like the way high-frequency traders operate. He believes they have unfair advantages, and that it’s a bad idea for stock exchanges to sell them special services that cater to their wants. For that matter, so do I. So on that we can agree.
March 16 (Bloomberg) -- On Friday, the Showtime cable-television channel will air “Geraldine Ferraro: Paving the Way,” a documentary about her 1984 race for vice president. Although she was defeated, it was a seminal moment in politics that was validated by the subsequent extraordinary leap in the number of female officeholders.
March 19 (Bloomberg) -- When U.S. President Barack Obama looks abroad, he sees only the possibility of frustration and more frustration. He will not be supervising the return of Crimea to Ukraine. He and the West are unable to end the slaughter of Syria’s citizens by its government. There is little chance his administration will forge a final peace deal between Israelis and Palestinians.
March 18 (Bloomberg) -- President Vladimir Putin speaks in Moscow about annexing Ukraine’s separatist region of Crimea after a referendum in the Black Sea peninsula.
March 19 (Bloomberg) -- Federal Reserve Chair Janet Yellen speaks about the outlook for the U.S. economy and Fed policy. Yellen speaks in Washington in her first news conference as head of the central bank after a two-day meeting of the Federal Open Market Committee.
March 17 (Bloomberg) -- Jerome Kerviel, the 37-year-old former trader at Societe Generale SA convicted of losing 4.9 billion euros ($6.9 billion), is walking the 1,400 kilometers back home to Paris after a Feb. 19 meeting with Pope Francis in Rome.
March 19 (Bloomberg) -- U.K. Chancellor of the Exchequer George Osborne delivers his 2014 budget speech in the House of Commons in London in which he raised the country’s growth forecast for 2014 to 2.7 percent.
March 18 (Bloomberg) -- RawSpeed Racing team rider David Hanig, No. 914, is seen competing at the 30th annual CCS Race of Champions at Daytona International Speedway.