Before Indra Nooyi became CEO of PepsiCo Inc. or Vikram Pandit took the reins at Citigroup Inc., there was Rajat Gupta, the original global Indian who was the first to head a major Western business.
IBT Staff Reporter
Oct 30, 2011
Groupon Inc. is considering raising the price range of its initial public offering, as underwriters grow more confident about demand after completing the East Coast leg of a two-week road show to woo investors.
IBT Staff Reporter
Oct 28, 2011
Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.
IBT Staff Reporter
Oct 28, 2011
Goldman Sachs Group Inc has been hit with a new $1.07 billion lawsuit for having allegedly sold risky debt that it expected would tumble in value to an Australian hedge fund, causing that fund to become insolvent.
IBT Staff Reporter
Oct 28, 2011
Now that Dropbox has a comprehensive group collaboration offering, it is finally on-par with Box.net. Which is the best cloud solution for you?
Dave Smith
Oct 28, 2011
Exchanges in London and Singapore said it was business as usual on their bourses for futures broker MF Global Holdings Ltd on Friday, after two rating agencies downgraded its debt to junk status.
IBT Staff Reporter
Oct 28, 2011
Akamai Technologies President David Kenny quit as the company reported a 6.5 percent gain in net profit, leading to speculation he may be tapped as Yahoo’s next CEO.
David Zielenziger
Oct 27, 2011
Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a U.S. crackdown on insider trading.
IBT Staff Reporter
Oct 26, 2011
The Volcker rule has created a new battlefield over Wall Street pay that banks fear will send their star traders and hedge fund advisers fleeing.
IBT Staff Reporter
Oct 26, 2011
The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing U.S. fears of financial sabotage.
keep for now
Oct 26, 2011
Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad U.S. crackdown on illegal leaks of corporate secrets.
IBT Staff Reporter
Oct 26, 2011
Rajat Gupta, former Goldman Sachs director and former head of McKinsey & Co, will surrender to the FBI on Wednesday to face criminal insider trading-related charges, a person familiar with the investigation said.
IBT Staff Reporter
Oct 25, 2011
Shares of entertainment provider Netflix plunged 35 percent after the company reported 810,000 subscribers had fled and expectations of a 2012 loss.
David Zielenziger
Oct 25, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.
IBT Staff Reporter
Oct 24, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
IBT Staff Reporter
Oct 24, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
IBT Staff Reporter
Oct 24, 2011
Health insurer Cigna will buy HealthSpring for about $3.8 billion to jump-start its business selling Medicare plans for the elderly.
IBT Staff Reporter
Oct 24, 2011
Argentina's center-leftist president, Cristina Fernandez, won a landslide re-election victory Sunday as voters credited her unconventional policies for a long economic boom.
Eric Linton
Oct 24, 2011
As a young hockey player with dreams of making it big, Mark Carney liked to get revved up before a big game by listening to AC/DC's Hell's Bells.
IBT Staff Reporter
Oct 23, 2011
A federal judge rejected American International Group Inc's request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp back to a New York state court, where AIG believed the case belonged.
IBT Staff Reporter
Oct 21, 2011
Are banks beyond repair? The largest U.S. financial companies did little to answer that question, delivering a mixed bag of quarterly results.
keep for now
Oct 21, 2011
Occupy Wall Street has spawned Occupy Museums, a new offshoot that is targeting the temples of cultural elitism, New York's museums.
Roland Li
Oct 21, 2011