(NEW YORK)A president of financial services company BlackRock Inc. sold 50,000 shares of common stock, according to Securities and Exchange Commission filings Monday.READ MORE

(ZURICH, Switzerland)Swiss bank UBS, hard hit by the U.S. subprime crisis, reported a first-quarter loss of $10.97 billion and said Tuesday it will slash almost 7 percent of its work force.READ MORE

(NEW YORK)Cash is starting to flow out of money market accounts as interest rates on those accounts have tumbled along with the Federal Reserve Board's recent spate of cuts.READ MORE

(NEW YORK)The chairman and chief executive of financial services firm BlackRock Inc. exercised options for 39,700 shares of common stock, according to a Securities and Exchange Commission fi...READ MORE

(NEW YORK)The president of investment manager BlackRock Inc. exercised options for 52,500 shares of common stock, according to Securities and Exchange Commission filings.READ MORE

(WASHINGTON)Two House lawmakers are pressing the Securities and Exchange Commission to investigate whether investors were duped into buying short-term bonds that have become tough to sell this...READ MORE

(NEW YORK)Wal-Mart Stores Inc. shrugged off weak consumer spending to remain atop the 2008 Fortune 500 list, edging Exxon Mobil Corp. for the second straight year in the magazine's annual ra...READ MORE