Wall Street sidelined by dollar fallThe U.S. dollar was sharply weaker Friday as stocks drifted... | |
Lehman Brothers auditors were negilgent says reportAuditors, former executives, Barclays Bank, and Wall Street banks have copped a serve from a court-appointer examiner who probed the Lehman Brothers... |
Banks in Australia profiteering says regulatorAustralia's biggest banks are gouging its customers, the Reserve Bank of Australia... |
Risky assets back in vogueJunk bonds and other risky investment instruments are being sought after, pushing prices above those of investment grade... |
Indians get a taste of U.S. agriculture productsThe US Ambassador to India Timothy J. Roemer on Thursday inaugurated an annual international food festival 'Aahar-2010' in the national... |
Janet Yellen tipped to become vice chairperson of Federal ReserveSan Francisco Federal Reserve Bank President Janet Yellen is expected to be nominated to become Ben Bernanke's... |
Obama launches bid to lift exportsThe American president told the U.S. Export-Import Bank in Washington he was launching a new strategy to improve... |
Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... |
BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
U.S. stocks recover in late tradingA surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the... |
| Andover Ponzi Schemer Pleads Guilty, Vows To Cooperate In a courtroom packed with family members, supporters and attorneys for bilked investors, a former Andover printer pleaded guilty Friday to 36 counts of securities fraud in a $53 million Ponzi... |
| Private Equity Firm Kohlberg Kravis Roberts Plans Move To Nyse NEW YORK - KKR & Co. LP, the parent of private equity firm Kohlberg Kravis Roberts said Friday that it plans to list its shares on the New York Stock Exchange.KKR originally sought a public listing... |
| Fda Warning: Some Patients Cannot Process Plavix FILE - In this July 28, 2006 file photo, blood thinner medication Plavix is shown in New York. The Food and Drug Administration is adding its strongest warning to the label for Plavix Friday, March... |
| Us Terror Suspect In Yemen Worked At 5 Nuke Sites HADDONFIELD, N.J. -- Before he was rounded up in a sweep of suspected al-Qaida terrorists in Yemen, Sharif Mobley was a laborer at five nuclear plant complexes in Maryland, New Jersey and... |
| When Wall Street Tanked, They Made Millions Bernard Madoff’s Manhattan penthouse, Long Island getaway and Florida estate are for sale in the hopes of raising tens of millions of dollars to help reimburse victims of his Ponzi... |
| Bsquare Schedules Fourth Quarter 2009 Earnings Conference Call BSQR ) announced today that it plans to release its financial results for the fourth quarter and 12 months ended December 31, 2009, after the close of regular market trading on Thursday, March 25,... |
| In Surprise Move, Retail Sales Rise In February, Vaulting Wall Street Retail sales rose 0.3 percent in February compared to January, beating a consensus forecast by 0.4 percentage points, the U.S. Commerce Department said.Economists predicted a 0.1 percent drop in... |
| Linklaters Defends Handling Of Lehman Brothers Deals Report for United States Bankruptcy Court says City law firm approved off balance sheet transactions that disguised true state of Lehman Brothers'... |
| Barclays Breaks Ground With 18,000-seat Basketball Stadium In Brooklyn Bob Diamond beamed cheerfully as a soul rendition of the US national anthem was partially drowned out by the din of circling helicopters and noisy protesters.In a marquee on a disused rail yard in... |
| Protect The Drug Giants' Patents - And Harm The Health Of The Poor? India has become "the pharmacy of the world", home to dozens of generic copycat drug companies that have been producing expensive medicines at dirt-cheap prices that the poorest countries can afford.... |
| Lehman Brothers: Repo 105 And Other Accounting Tricks Lehman Brothers was able to spout reassuring figures on declining indebtedness and healthy underlying trends until the day it collapsed, sending the global financial system into a near-apocalyptic... |
| Lehman Brothers Collapse: What The Fsa's Evidence Reveals Documents show the concerns held by the Financial Services Authority about the ability of Barclays to maintain a big enough capital cushion if it proceeded with the takeover of Lehman... |
| Geithner: Global Economy To Grow 4% March 12 (Bloomberg) -- U.S. Treasury Secretary Timothy F. Geithner said the global economy is forecast to expand about 4 percent this year and in 2011, and the U.S. may emerge faster from the... |
| Loan Prices Reach 20-month High As Interest Costs Dip March 12 (Bloomberg) -- The high-yield, high-risk leveraged loan market reached a more than 20-month high as companies, such as Fresenius SE, reduced minimum interest-rate floors to ensure a minimum... |
| Jpmorgan Top Hedge Fund, Pensions & Investments Says March 8 (Bloomberg) -- JPMorgan Chase & Co., the New York- based bank run by Jamie Dimon, is the world’s biggest hedge-fund firm by assets, according to Pensions & Investments... |
| Pope Had Role In Moving Molesting Priest In 1980, Church Says March 12 (Bloomberg) -- Pope Benedict XVI, during his tenure as archbishop of Munich, played a role in a decision to move a priest accused of molestation to undergo therapy in his diocese. The priest... |
| Putin Draws India Closer With $10 Billion In Arms, Energy Deals March 12 (Bloomberg) -- Prime Minister Vladimir Putin closed more than $10 billion in agreements with India, increasing Russia’s role as a partner in defense, nuclear energy, aerospace and... |
| J.p. Morgan Chase Ceo: ‘euthanasia’ Needed For Failing Financial Giants J.P. Morgan Chase CEO Jamie Dimon said Friday that a special bankruptcy process is needed to handle failures of the nation's global financial institutions. "Think of it as euthanasia,"... |
| Oil Falls Below $81 On Mixed Economic News Oil prices fell below $81 on Friday after peaking above $83 following mixed economic reports that kept investor on edge about the outlook for improving energy... |
| Again, It's Over: Microsoft Loses Second Review Of Word Appeal A permanent injunction against Microsoft selling versions of Word that contain XML editing ability effectively remains in place today, after a shot-in-the-dark appeal by Microsoft of... |
| Earnings Schedule For Week Of 03/15/10 Major companies tentatively scheduled to report quarterly earnings next week: Monday No major releases. Tuesday NEW YORK - Discover Financial Services releases quarterly financial results. ... |
| Loonie Soars On Jobs Report A strong jobs report pushed the Canadian dollar to its highest point in nearly two years on Friday. The Canadian dollar was trading at 98.35 cents US a little before noon Friday, up 0.72 of a... |
| Loan Guarantee To Secure Vauxhall's Future Business Secretary Lord Mandelson said an outline agreement today followed detailed and "highly complex" talks between the Government and the United States-owned carmaker. Union leaders representing... |
| Storrie Steps Down As Pompey Chief Exec A statement from the club's administrator Andrew Andronikou revealed Mr Storrie had left "in the best interests of the club" after speaking with family and friends. Mr Storrie will continue to... |
| This Week's Top 10 Videos Which Agency is the Next to Go Broke? Jim MacDougald, CEO of Free Enterprise Nation, breaks down which government agencies are on the brink of bankruptcy. ... |
| Hdtv On Your Mac Or Pc MSFT ) on your PC. Elgato’s EyeTV software lets you watch and record HDTV on your computer, edit out the content you don’t need, and schedule future recordings, too. You can also use the device... |
| Use Your Cell Phone As A Budgeting Tool Resisting rich foods is a good way to control weight gain. Similarly, the best way to manage expenses is to go on a budget. You've heard the strategy of writing down every expense, even $2 for a... |
| Trichet: European Union Supports Greece And Austerity Measures European Central Bank President Jean-Claude Trichet said Friday in an interview on the FOX Business Network that the European Union supports Greece and that troubled country’s austerity measures. ... |
| Al Lewis: Looming Collapse In Greece Just Another Myth With all this talk of Greece going to Hades it's time to brush up on Greek mythology. Here are some key characters, objects, places and events to keep in mind as Greece becomes history: ... |
| Bankrupt Wamu Settles With J.p. Morgan, Fdic SAN FRANCISCO -- Washington Mutual Inc. said Friday that it has reached a global settlement agreement with J.P. Morgan Chase & Co. and the Federal Deposit Insurance Corp. The bankrupt bank said it... |
| Market Snapshot: Stocks Retreat After Sentiment Under Expectations A disappointing report on consumer sentiment offset a surprising increase in retail sales, with the U.S. stock market on Friday wavering between gains and losses. The Dow Jones Industrial Average... |
| Pratt Prepared To Do Solo Engine Deals With Boeing, Airbus Pratt & Whitney executives said Friday the company is prepared to be a standalone supplier for a new generation of aircraft engines being offered to Boeing Co.... |
| Update: Court Upholds Fcc Ban On Exclusive Cable Contracts (Updates with additional details throughout, including background on rule and comments from a dissenting opinion.) WASHINGTON -(Dow Jones)- A divided federal appeals court on Friday upheld the... |
| Cheap Cigars, Politics And The Volcker Rule Chairman of the President's Economic Recovery Advisory Board Paul Volcker listens during his testimony before the U.S. Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill in... |
| Toyota May Keep Discounts After Strong March Sales ) may keep aggressive discounts available for U.S. consumers beyond this month after unprecedented incentives sent its U.S. sales sharply higher in early March, an executive said on... |