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Sino Forest's largest shareholder proposes restructuring plan

Singapore-based Richard Chandler Corp, the largest shareholder in Sino-Forest Corp, said on Monday that it has proposed a restructuring plan for the embattled Chinese forestry company.

Analysis: A Romney win would likely change little at Federal Reserve

For all the derision Republican presidential hopefuls have heaped on the Federal Reserve, a November win by lead contender Mitt Romney would likely change little at the central bank, at least in the short term.

After grad job slump, big hiring is back at U.S. colleges

Sean Chua expected the hunt for his first job after college to be tough. After all, he watched his brother struggle to find a position when he graduated back in 2008.

Mixed signals from China's factories in March

China's big factories were surprisingly busy in March as a stream of new orders lifted activity to an 11-month high, but credit-constrained smaller manufacturers struggled, suggesting that the economy is still losing steam.

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"iPhone Air" Concept - Design By Federico Ciccarese

Apple iPhone 5 Release Date 2012: Is Launch In June Or October? A Breakdown Of Rumors, Features and Specs [PHOTOS]

Since its introduction in June 2007, the iPhone has taken the word by storm, but one question dominates the general conversation: When's the next one coming out? Thankfully, fans won't have to wait any later than October to get their hands on Apple's latest iPhone design.

Myanmar launches new currency system Monday: bank source

Myanmar will hold the first auction on Monday under a new currency regime that aims to unify its multiple exchange rates, a senior banker said, outlining the country's boldest economic reform yet after years of isolation.

German wage deal agreed, averts public-sector strike

Two million German public-sector workers will get a pay rise of 6.3 percent over a 24-month period, according to the government official leading the talks, ending a labor dispute that disrupted services across Germany in recent weeks.

Groupon revises 4th quarter results, shares fall

Groupon Inc unnerved investors again after it increased its previously reported fourth-quarter net loss and cut its revenue, blaming higher-than-anticipated refunds on deals.

Security breach hits U.S. card processors, banks

The U.S. Secret Service is investigating a major cyber intrusion at an Atlanta-based payment processor that could expose millions of MasterCard, Visa, American Express and Discover cardholders to fraudulent charges.

Exclusive: Soros' son strikes out on his own

The upheaval within billionaire investor George Soros' firm continues as one of his sons is separating some of his personal fortune to manage it himself.

Wall St Week Ahead: After stocks' first-quarter run, focus turns to data

After the best first quarter in 14 years, the S&P 500 may be poised for a pullback as investors look to a slew of economic data for insight on the strength of the domestic economy.

Forex lawsuit against BNY Mellon partly dismissed

A U.S. judge on Friday dismissed five out of nine claims against Bank of New York Mellon over its foreign exchange pricing practices, and shipped off four remaining claims to be tried in different state courts, according to a ruling.

Groupon revises fourth quarter results, shares fall

Groupon Inc unnerved investors yet again after it cut its previously reported fourth-quarter revenue and net income, blaming higher-than-anticipated refunds on deals for the sharp downward revision in the numbers.

Goldman, Landesbank argue CDOs in US appeals court

A U.S. appeals court was asked on Friday to decide whether Goldman Sachs Group Inc and TCW Asset Management Co should have foreseen the housing market implosion that caused a $37 million loss for German state-owned Landesbank Baden-Wurttemberg.

Analysis: Moody's bank review may mark new era of lower ratings

The largest U.S. banks including Morgan Stanley, Bank of America and Citigroup are facing what could be a historic shift to lower credit ratings which could increase their cost of funding and reduce competitiveness in their capital markets businesses.

Groupon slashes fourth quarter quarter results, shares dive

Groupon Inc pared back revenue and net income for the fourth quarter, blaming higher refunds on deals for the sharp downward revision in its previously reported numbers.

Groupon slashes 4th quarter results, shares dive

Groupon Inc pared back revenue and net income for the fourth quarter, blaming higher refunds on deals for the sharp downward revision in its previously reported numbers.

Ford CEO pay rose 11 percent to $29.5 million in 2011

Ford Motor Co boosted Chief Executive Officer Alan Mulally's total compensation by 11 percent to nearly $30 million last year, despite the automaker falling short of its targets on market share, quality and costs.

Sino-Forest granted protection to start sale process

A Canadian court has granted Sino-Forest Corp protection from its creditors and has approved an agreement with some of its noteholders to start the process of selling the embattled Chinese forestry company.

Wall Street closes stellar quarter on up note

Stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors, including energy and health care.

Wall Street closes strongest quarter in more than 2 years

Stocks ended their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming consumer staples and health care sectors.

Sino-Forest seeks protection in bid to sell out

Sino-Forest Corp , a Toronto-listed Chinese forestry company accused of fraud, is seeking protection from its creditors and a court's approval of an agreement with some of noteholders to put its embattled business up for sale.

Expedia files Google complaint to EU regulators

Online travel agency Expedia on Friday accused Google of breaching EU rules with a formal complaint to EU antitrust regulators as it joined a dozen other firms that have taken their case to the European Commission in the last two years.

MasterCard, Visa warn of possible security breach

MasterCard Inc, Visa Inc and Discover Financial Services have been victims of a potential security breach, the latest in a string of incidents that have put the personal information of millions of credit cardholders at risk.

Alaska, oil companies in pipeline settlement: WSJ

Oil companies Exxon Mobil Corp , BP Plc and Conoco Phillips have reached a settlement with the state of Alaska that will allow the companies to build a pipeline from a North Slope natural gas field, the Wall Street Journal reported on Friday.

Sino-Forest seeks approval to sell or restructure

Sino-Forest Corp , a Toronto-listed Chinese forestry company accused of fraud, said on Friday it has agreed with some of its noteholders to put its embattled business up for sale.

Sino-Forest seeks approval for sale or restructure

Sino-Forest Corp has asked a Canadian bankruptcy court to approve an agreement providing for either the sale of the embattled Chinese forestry company to a third party, or a restructuring enabling note holders to acquire nearly all of its assets.

Investors stick with stocks as stellar quarter ends

Stocks bounced back from a string of declines on Friday, on track to close their strongest quarter in more than two years on a positive note.

Consumer spending jumps, GDP prospects brighten

U.S. consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.

Analysis: HMO investors breathe easier about health law ruling

Now that the Supreme Court has given a glimpse of how it will consider the healthcare overhaul, more investors in health insurance stocks are breathing easier about the eventual ruling.

Apple iPhone 5 Rumors: 18 Gorgeous Concept Pictures Boast New Features, Bigger Screen [PHOTOS]

Apple fans are already clamoring for the iPhone 5, even though nobody outside of Cupertino knows what it looks like, what it can do, or when it's coming out. Thankfully, there are plenty of artists who love to draw up beautiful concept designs of the iPhone 5.

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