China-EU Summit: Dragon Eyes Major Debt Stakes
The ongoing Eurozone debt crisis and the efforts to find a way out and save the single currency could potentially shake up and redefine the global economic equilibrium.
Chevron Allegedly Using Secret Panel to Avoid Paying up $18 Billion to Ecuador in Damages
After a U.S. appeals court rejected an injunction that Chevron Corp had won to avoid paying up $18 billion penalty to Ecuador over pollution to the country's Amazon region, the multinational energy giant has been accused of bringing in a secret panel of private lawyers to thwart the court judgments.
Stock Futures Signal Higher Wall Street Open
Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.
Yahoo Chairman and Directors Step Down; Yet to Overcome Crisis
Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.
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BHP Billiton First Half Profit Falls 5.5 Percent
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Renesas, Fujitsu, Panasonic in talks to merge system chip ops
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Renesas, Fujitsu, Panasonic to Merge System Chip Ops: Report
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Fidelity money fund clients sour on SEC proposals
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Investment Management Firm Expands The Launch Of AI Technology That Innovates Investment Decision Making
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Jas Mathur: The New Force Behind Invest Inc.'s Disruptive Mission
More news
MF Global shortfall worsened as bankruptcy neared
In its chaotic final days, MF Global's floundering brokerage used increasingly large chunks of customer money in an effort to keep the company afloat, creating a massive shortfall in customer funds, the trustee liquidating the brokerage has found.
Analysis: Banks Prepared for Cost of U.S. Mortgage Pact
As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.
Money Market Accounts Could Disappear If New SEC Rules Go Forward: Industry
Money market accounts could soon be joining "free checking" in the dustbin of retail banking history. That's what various portfolio managers who make up a large chunk of the industry are saying could happen if certain regulatory provisions being discussed in Washington are enacted.
PIMCO Leader Likes Oil, Gold over Stocks
Given the fragile state of the global economy and brewing geopolitical risks, investors should be underweight equities while favoring selected commodities such as gold and oil, Mohamed El-Erian, CEO and co-chief investment officer of bond fund giant PIMCO, told CNBC on Tuesday.
Gold Prices too Volatile to Make it an Inflation Hedge -- Study
Gold prices have been too volatile to play a reliable role as a hedge against inflation, a study of financial assets over the past 112 years showed on Tuesday.
Gold Prices Rise on Expectations of a Fix to Greece's Woes
Gold prices rose 1 percent on Tuesday as expectations that a Greek rescue deal will be completed drove the dollar down sharplyagainst the euro.
Fisker announces layoffs, renegotiates loan
Electric car startup Fisker Automotive Inc said on Monday it has suspended work at its U.S. manufacturing plant and laid off 26 workers there while it renegotiates the terms of its $529 million loan from the U.S. Department of Energy.
CalSTRS invests $500 million in infrastructure
The California State Teachers' Retirement System, the second-largest public pension fund, has made what it called one of the largest single U.S. fund management commitments to infrastructure, investing up to $500 million.
Giants Super Bowl Win Adds to Legacy of Mara, Tisch Families
When the New York Giants defeated the New England Patriots 21-17 in Sunday's Super Bowl XLVI, it was another notch in the legacy belt of one of the NFL's longest-running family-owned franchises.
BSE Sensex Closes on a Bad Note after Govt’s Growth Forecast
The BSE Sensex snapped a five-day rally on Tuesday as investors locked in profits after the government forecast growth may dip below 7 percent, the slowest pace since the 2008 financial crisis.
Gold Prices Break 2-Day Fall on Euro Gain, Volumes Light
Gold broke a two-day losing streak on Tuesday on light volume as the euro rose, but sellers matched buyers to keep the price in a narrow range.
BP Announces 14 Percent Rise in Profits, Raises Dividend
The dividend rise marks the firm's first since the massive Gulf of Mexico oil spill.
India: Government Estimates 2011-2012 Economic Growth at 6.9 Percent
India's economy is expected to grow at 6.9 percent in the current financial year, its slowest pace in three years, according to the official data released by the government.
Top After Market NYSE Movers (NCR, SPF, PHH, IOC, LRN, L, SBH, HDY, ENZ, COV)
The top aftermarket NYSE gainers Monday were: NCR Corp, Standard Pacific Corp, PHH Corp, InterOil Corp and K12 Inc. The top aftermarket NYSE losers: Loews Corp, Sally Beauty Holdings, HyperDynamics, Enzo Biochem and Covidien plc.
India's Economic Growth Estimated at 6.9 Percent this Fiscal Year
The Indian economy is estimated to grow 6.9 percent this fiscal year, its slowest pace in three years, the government said, as tight monetary policy and a logjam in government policy making coupled with weak global conditions stifles investment.
Greek Default Fears Temper Asian Markets, Euro
Asian markets edged up on Tuesday even as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum and the euro eased on renewed fears of a messy debt default.
Stock gains turn hedge fund losers into winners
Last year's hedge fund losers may be turning into winners again.
Steven Van Zandt stars in Netflix series Lilyhammer
Early in Lilyhammer, Netflix's eight-show original series that launches Monday, we meet Steven Van Zandt's Frank The Fixer Tagliano.
UBS Loses Case to Recoup Bonus from Ex-Broker
A former broker of a UBS AG unit can keep $1 million of a signing bonus he received when joining the firm, despite leaving earlier than terms of the bonus required, according to a ruling by an arbitration panel.
Atlanta's Bank of America Plaza Set for Foreclosure Auction
Bank of America Plaza, the tallest building in Atlanta, will be sold in a foreclosure auction on Tuesday, reflecting continued turmoil in the local real estate market.
Wall Street Closes Lower After String of Gains
Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
Wall Street Edges Lower After String of Gains
Stocks edged lower on Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.
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