Banker pay curbs, clawbacks sought at G20 summit
World leaders at the G20 meeting on Thursday closed in on a statement urging new restraints on bankers' pay, a flashpoint for outrage in the global financial crisis. Read Full Article here.
Fed may have to hike rates before need clear: Warsh
The U.S. Federal Reserve may have to raise interest rates from their currently ultra-low setting near zero before the need to take action becomes obvious, Fed Board Governor Kevin Warsh said on Thursday. Read Full Article here.
Citigroup U.S. retail bank focusing on 6 cities
Citigroup Inc's U.S. retail banking business plans to focus its marketing efforts on six cities, a source familiar with the matter said, but the bank's chief executive said he does not plan to dramatically shrink its branch network. Read Full Article here.
RIM results, outlook disappoint, shares tumble
BlackBerry maker Research In Motion said on Thursday its profit dropped and gave an outlook that fell short of analyst forecasts heading into the holiday shopping season, sending its shares down almost 10 percent. Read Full Article here.
Judge delays hearing on Google books deal
A judge delayed a hearing on a $125 million deal that would allow Google Inc to create a massive digital library. Read Full Article here.
France Telecom CFO blames email for staff stress
A top executive at France's biggest telecommunications company, which is dealing with a spate of suicides, warned that the barrage of emails from smartphones and personal computers was stressing out employees. Read Full Article here.
U.S. Treasury: fragile markets may need TARP extended
The U.S. financial system remains fragile a year after launching a $700 billion bailout fund and the government may need to extend the program into next year, a senior U.S. Treasury department official said on Thursday. Read Full Article here.
Lehman asks to unseal documents from Barclays probe
Lehman Brothers Holdings Inc and its unsecured creditors asked a bankruptcy judge on Thursday to unseal court documents related to an investigation of the sale of Lehman's core U.S. assets to Barclays PLC. Read Full Article here.
HP revenue forecast slightly below Wall Street
Hewlett Packard Co on Thursday forecast revenue that is up from 2009 but slightly below what analysts expected, despite hopes that corporate spending on hardware would bounce back. Read Full Article here.