Citigroup Chief Executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million in 2011, compared with a salary of $1 and no bonus in 2010, according to a filing with the Securities and Exchange Committee.
One late-night visit by the FBI was all it took for the notorious hacker known as Sabu to switch sides and become a valued snitch.
Nathan Acosta is feeling a little overwhelmed.
Wall Street companies hired an extra 4,900 workers from January 2011 to January 2012, the New York Department of Labor said on Thursday in revised data that countered expectations of job losses in the securities industry.
Pininfarina and Bertone put new supercar concepts on display at the Geneva Auto Show, demonstrating that the two design houses are putting their financial troubles behind them, executives said.
On Wednesday, evangelical leader Pat Robertson called for legalizing marijuana. Sounds odd, but plenty of conservatives before him have argued against the criminalization of cannabis.
President Barack Obama summons the image of a scrappy auto worker or high-tech engineer when he calls for expanding a major corporate tax break for manufacturing, but he might just as well evoke the coffee-shop barista or the cable guy.
Families took on more debt in late 2011 for the first time in 3-1/2 years but a rise in after-tax incomes left consumers in better shape to spend.
Stocks rose on Thursday, recovering most of the week's losses, after Greece moved closer to a bond swap with private creditors to avoid a messy default.
It seems like Rihanna and Chris Brown can't go to the bathroom without someone leaking it to the press – but who could it be, and are they motivated by more than money?
Convicted swindler Allen Stanford should forfeit some $330 million stashed in foreign bank accounts, a jury found on Thursday.
Greece closed a bond swap offer to private creditors on Thursday after clearing the minimum threshold of acceptance to push the deal through, moving closer to unlocking funds it needs to avoid a dangerous debt default.
The number of Americans filing for jobless benefits unexpectedly rose last week, but not enough to change perceptions that the labor market was strengthening.
Stocks rose on Thursday as Greece moved closer to concluding a bond swap with private creditors that is needed to avoid a messy default.
The country that is perhaps most intimately connected with offering a haven for brutal (and unemployed) dictators is the kingdom of Saudi Arabia.
Stocks rose on Thursday as Greece moved closer to concluding a bond swap with private creditors that is needed to stave off a messy default.
Greece moved closer to wrapping up its bond swap with private investors on Thursday, indicating that it had already cleared a vital threshold needed to pass a deal which will hand bondholders steep cuts in the value of their investments.
Stocks extended their gains on Thursday, with the Nasdaq up 1 percent as Greece moved closer to concluding a bond swap with private creditors that is needed to prevent a messy default.
In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the Anonymous movement, authorities have dealt a serious blow to a group they found a growing irritant.
Hedge fund manager Philip Falcone started 2012 with a series of setbacks, but there is one thing he can still count on this year: membership in the hyper-exclusive club of the world's richest people.
In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the Anonymous movement, authorities have dealt a serious blow to a group they found a growing irritant.
The European Central Bank signaled its policy course was slowly turning on Thursday, delivering a surprise warning on inflation and calling governments and banks to build on its recent blitz of radical support measures to foster a full crisis recovery.
A war of words between South Africa's Impala Platinum and Zimbabwe intensified on Thursday, when the world's second-biggest platinum producer denied offering to hand over a stake in its local unit to the government.
A new Indonesian regulation that changes the rules on foreign ownership of mines applies to all foreign companies and is not aimed specifically at the largest of those, Freeport McMoRan Copper & Gold Inc (FCX.N), the deputy energy and mining minister said on Thursday.
New claims for unemployment benefits unexpectedly rose last week, a government report showed on Thursday, but not enough to change perceptions that the labor market was strengthening.
Wall Street opened higher on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.
Gold rose Thursday, led by a climb in the euro on the back of growing confidence in Greece's ability to complete a bond swap to avoid defaulting on its debt, and by evidence that this week's decline to six-week lows had lifted investor demand.
Stocks rose at the open on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.
JPMorgan Securities, the brokerage arm of banking giant JPMorgan Chase & Co , is trying to lure advisers from Wall Street rivals with an unlikely pitch: We're actually a small boutique.
Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefitting from financial incentives for participating in the program, according to a complaint unsealed in federal court Wednesday.
