Page 747 


DC has target on Wall Streeters: Evercore CEO

US Capitol Building

Sen. Elizabeth Warren's, D-Mass., success in defeating President Barack Obama 's pick for a prominent position in the Treasury Department is symptomatic of Washington's attitude toward would-be wealthy government appointees, Evercore Partners' CEO told CNBC on Friday.

Roubini: Why QE isn't working

Nouriel Roubini Interview Pic

Unconventional central bank policies, including quantitative easing (QE) have failed to spur either inflation or growth as fiscal austerity continues to bite, Nouriel Roubini said in an op-ed for Project Syndicate.

BP to follow Shell in cutting spending

Axe In Wood

BP will on Tuesday unveil plans to slash billions of pounds off its capital spending programme in a bid to counter the impact of plunging oil prices and a 40% fall in its fourth quarter profits.