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Nasdaq Looks to Congress to Win Market Reforms

Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
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Al Gore

Al Gore Calls for Overhaul of 'Unsustainable' Capitalism

Former U.S. vice president Al Gore wants to end quarterly reporting by companies and explore issuing loyalty-driven securities as part of an overhaul of capitalism that he says has turned many of the world's largest economies into hotbeds for irresponsible short-term investment.
Moody's

Moody's: Financial Titans, EU Banks Under Review

Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.
Moodys

Moody's Warns of Downgrading 17 Global Banks

Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the eurozone government debt crisis is spreading throughout the global financial system.
Moody's

Moody's Warns Top U.S., Europe Banks of Review

Moody's Investor Service warned Thursday it could downgrade the credit ratings of 17 global banks and securities firms due to more fragile funding conditions, increased regulatory burdens and a more difficult operating environment.
Wynn speaks at the 2009 Milken Institute Global Conference in Beverly Hills

Wynn downplays SEC inquiry, hits Okada claims

Wynn Resorts Chief Executive Officer Steve Wynn played down a U.S. regulatory inquiry into a company donation at the heart of a bitter legal battle embroiling his $15 billion casino empire, hitting back at his largest shareholder and accuser in a memo to employees.
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Top Goldman Sachs Dealmaker to Retire

Goldman Sachs Group said on Monday that George Mattson, a co-head of the firm's global industrials group, will retire after an 18-year career at the investment bank.
No. 2 Empire State Building, New York City

Empire State Building Owner Files for IPO

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.
The Empire State Building is seen in New York

Empire State Building Owner Files for $1 Billion IPO

Empire State Realty Trust, owners of the iconic Empire State Building, filed to sell up to $1 billion of its Class A common stock, giving ordinary investors a chance to own a piece of the building that has been fought over by billionaires.
Jack Ma

Alibaba's Jack Ma Faces Big Yahoo Test

If anyone can pull off the labyrinthine deal between Alibaba Group and Yahoo Inc, it is Jack Ma, who founded the e-commerce group and within a decade unlocked China's huge online shopping potential.

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