Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
Auto sales rose about 20 percent in April from recession-stunted results a year earlier, reflecting a still-gradual recovery in the economy.
Goldman Sachs Group Inc, in a rare move, disclosed information about the many lawsuits and shareholder challenges facing the bank.
Australian Dollar: The Aussie dollar bounced off support between 0.9220 and 0.9230 on several occasions over the last 24 hours to open this morning relatively unchanged from yesterday's close at 0.9260.
(Corrects fourth paragraph to show that the subpoena was revealed in a court document made public on Monday. The subpoena was not received on Monday.)
NEW YORK - Doctors at a California children's hospital have found the first evidence that using an electronic system to communicate their orders may save lives.
Lawyers for Goldman Sachs Group Inc have been served a subpoena to testify or provide information in a closely watched case of illegal insider trading allegations, according to a court document made public on Monday.
GMAC Financial Services, a lender majority-owned by the U.S. government, posted its first profit since the fourth quarter of 2008 as it starts to recover from billions of dollars lost on bad mortgages.
Manufacturing registered its fastest pace of growth in nearly six years in April while data on construction and consumer spending pointed to further strength in the economy.
United Airlines parent UAL Corp will buy Continental Airlines Inc for $3.17 billion in an all-stock deal that will form the world's largest carrier and potentially prune excess capacity in the airline industry.
U.S. auto sales rose in April from recession-stunted results a year earlier, supported in part by incentives, led by Ford Motor Co and Hyundai Motor Co .
Markets reacted skeptically on Monday to a record 110 billion euro ($145 billion) bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.
Oil giant BP Plc's shares sank further on Monday as the oil spill in the Gulf of Mexico continued to grow and the U.S. Justice Department said it was taking part in an investigation of the disaster.
U.S. stocks rose broadly on Monday as data showed the economy's recovery remained on track, and details of a European financial rescue package for Greece provided a measure of relief.
Many firms in Boston's financial district invest in things you can't touch: currency futures, index options, credit derivatives and so on.
Markets reacted skeptically on Monday to a record 110 billion euro bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.
Ford Motor Co posted a 25 percent increase in its April U.S. sales from a year earlier, propelled by record sales of its Fusion mid-size sedan and robust demand for trucks led by the F-series pickup.
U.S. stocks rose on Monday as data indicated the economy was on firmer footing, and details of a European financial rescue package for Greece provided a measure of relief.
Oil giant BP Plc's shares in New York sank further in early Monday trade after news that the U.S. Department of Justice was taking part in the investigation of the massive oil spill in the Gulf of Mexico.
Apple Inc has sold 1 million iPads since their April 3 launch, as the company passed that sales milestone faster than many analysts had expected.
General Motors Co posted a 6.4 percent increase in U.S. auto sales for April from a year earlier, lagging an expected rise of about 20 percent in the overall industry which has been helped by incentives.
Bullion and precious metal investors heaved a sigh of relief this week, following the decision of EU and IMF to bail out debt-ridden Greece. In fact, the Greek tragedy and the cascading impact on other European nations had hit the bullion market and palladium and platinum prices. With the Greek tragedy threatening to spread to other nations like Spain and Portugal, gold prices became unpredictable for investors and even the demand for platinum group metals (PGMs) showed a decline fearing that th...
