Calpers, the biggest U.S. public pension fund, is considering dumping asset manager BlackRock Inc as its real estate consultant, the Wall Street Journal said, citing people familiar with the matter.
Savvy equity investors have fattened their returns this year, buying on pullbacks during the U.S. market's rally, and that activity may be enough to buoy prices through the end of the year.
Stocks could sputter this week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
New York Governor David Paterson, facing a tough battle to keep his job, has fallen so low in public opinion that even his visual impairment that once earned him respect is being held against him.
Blackstone Group's Pinnacle Brands Corp is likely to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, the Wall Street Journal said, citing people familiar with the matter.
The U.S. recession that began in December 2007 cost the top metropolitan areas all of the 2.29 million jobs they had gained in the previous expansion, according to a report released on Wednesday.
Capacity to produce fuel ethanol from corn nearly tripled between January 2006 and January 2009. However, over the past 18 months, a combination of surplus production capacity, the decline of gasoline prices from their mid-2008 peak level, and high corn prices that boosted producers' input costs have resulted in a sharp decline in ethanol margins. The combination of economic pressures on capacity led some producers to idle plants, and in some cases, file for bankruptcy.
It has been said the best things in life are free-and there is nothing like a free admittance sign to bring out the miser in even the most discerning traveler. Yes, vacations cost money. Everyone from
New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.
Tenants in a vast New York City apartment complex and owner Tishman Speyer on Friday said they had opened talks to settle a rent clash, one day before a planned rally against the landlord.
U.S. health regulators requested information from nearly 30 makers of caffeinated alcoholic beverages on why they believe their products are safe.
It is hard to believe that Ohio Attorney General Richard Cordray, with his state facing its own woes, would be hanging around Wall Street looking for a fight.
NEW YORKNEW YORK - Hundreds of Mac fans came out to experience the grand opening of Apple's largest store in New York City, despite the rainy weather. Situated in the Upper West Side, the glass and marble building is 14,000 square feet and is the largest Apple store in the world.
American Idol champion Kris Allen, who once traveled the world on church missionary trips, took an equally wayfaring approach to record his new album, working in studios across the United States.
Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that can hasten the resolution of Intel's antitrust troubles.
The settlement agreement between Intel Corp and Advanced Micro Devices Inc does not change a lawsuit filed against Intel last week by New York Attorney General Andrew Cuomo, a source familiar with the matter said.
The Dow and the Standard & Poor's 500 index closed at 13-month highs on Wednesday as an upbeat forecast from a top homebuilder and data from China pointed to a strengthening global economy.
The Standard & Poor's 500 index closed at a fresh 13-month high on Wednesday as an upbeat forecast from a top homebuilder and data from China pointed to a strengthening global economy.
U.S. department store operator Macy's Inc forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent.
Get ready, America. Like her or not, Sarah Palin is coming to a city near you.
Two former Bear Stearns hedge fund managers were found not guilty of fraud, a decision that could make government prosecutors less likely to bring criminal charges against Wall Street executives for their role in the financial crisis.