Business News – Nat Rothschild, US Federal Reserve, NEW YORK, White House



Rothschild defeated in Bumi showdown
LONDON (Reuters) – Financier Nat Rothschild, co-founder of Bumi Plc , lost his bid to oust the coal miner’s board on Thursday, after a public showdown with his one-time colleagues and Indonesia’s influential Bakrie family.

Oil prices drop below $94 a barrel in Europe trade
The price of oil continued falling and was below $94 a barrel Thursday on signs some Federal Reserve officials are uncomfortable with the current super easy monetary policy and ahead of the release of a report expected to show a rise in U.S. crude inventories.

US futures dip on European data, Fed minutes
NEW YORK (AP) — U.S. stock futures are falling as a sell-off that began the previous day on the release of Federal Reserve minutes gains more momentum with troublesome economic data from Europe.

White House Anti-IP Theft Strategy Comes Out Swinging Against China
The White House released a high-level strategy paper on combating international intellectual property theft and pointed a not-so-subtle finger at China. The report promises increased criminal sanctions against thieves, diplomatic pressure on egregious state actors, and public-awareness campaigns.

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