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Jon Corzine, chairman and chief executive officer of MF Global Holdings

Did Corzine's Risk-Taking Cripple MF Global?

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
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CW and Hulu strike 5-year licensing deal

The CW and Hulu have reached a five-year deal for the rights to stream in-season episodes of the CW's content on Hulu's subscription service Hulu Plus, the network announced Friday. The deal makes Hulu Plus the only online subscription service that will carry in-season episodes of CW shows. The shows will be available for streaming on free, ad-supported Hulu.com site shortly after they appear on the subscription site.
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Considers Pulling out of LCD JV with Samsung: Sources

Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.
DeMarco delivers testimony on robo-signing and foreclosures at a hearing of the Housing and Community Opportunity Subcommittee of the House Financial Service Committee, in Washington

Federal Regulator Rebuts Critics of Housing Policies

Fannie Mae's and Freddie Mac's regulator on Saturday rejected criticism he was obstructing a housing recovery by taking too narrow a view of his mission to protect the financial health of the two massive, taxpayer-supported mortgage firms.
A generic picture of a some credit cards and debit cards.

Major Banks Reconsider Debit Card Fees

Bank of America will keep the $5-a-month fee for debit card use that's scheduled to start early next year, while other banks, like J.P. Morgan Chase and Wells Fargo, announced Friday that they are shying away from the fees.

Wells Fargo Drops $5 Debit Card Fee Plan

Diversified financial services firm Wells Fargo & Co. (NYSE:WFC) said it is cancelling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received.
BMW Museum Bridges Gap Between Past and Future With ‘The Line of Beauty’

BMW Museum Bridges Gap Between Past and Future With 'The Line of Beauty'

The BMW Museum is hosting a special exhibition dedicated to commemorating the development of the big BMW coupés and convertibles in Munich. Starting on Oct. 28 and scheduled to finish in September, 2012, the exhibition will feature 14 outstanding exhibits that span the years 1937 to 2011.
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Maruti in Trouble: 60 Percent Fall in Q2 Profit

Maruti Suzuki, India's top automobile manufacturer, posted a larger-than-expected 60 percent fall in its quarterly profit. The company has been hit by labour unrest, rising interest rates and vehicle costs that has hurt demand in Asia's third-largest economy.
A Bank of America sign is pictured outside a bank branch in Charlotte

Bank of America May Revamp Proposed Debit-Card Fees

The Bank of America Corp., after receiving heavy public criticism for a planned $5-per-month debit-card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.
Customers are seen outside of a Bank of America in Tucson

Bank of America Scaling Back Debit Card Fees

Bank of America Corp, after receiving heavy public criticism for a planned $5 per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.
Models pose in front of a Fiat Panda during the International Motor Show (IAA) in Frankfurt

Fiat, Fiat Industrial Preference and Saving Shares Soar

Preference and savings shares in Italian auto maker Fiat SpA and truck and heavy machinery maker Fiat Industrial SpA soared on Friday after the two groups announced plans to convert these share classes into ordinaries.
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Oxy drills as fast as permits allow in California

Occidental Petroleum Corp expects to have drilled 195 shale oil wells in its home state of California by the end of this year, although it would like to drill far more if the permitting process allowed it.
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Canadian Oil Sands profit climbs on prices, output

Third-quarter profit at Canadian Oil Sands Ltd (COS.TO: Quote), the biggest partner in the Syncrude Canada Ltd joint venture, rose 25 percent on higher oil prices and increased production, the company said on Thursday.

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