- U.S. wholesale inventories rise, but sales drop sharply
- Fox executive raises questions on Comcast-Time Warner Cable merger
- Technical issue stops trading on NYSE Euronext bourse for 1 hour
- Bank of England announces shake-up as it probes FX case |
- Senate banking leaders reach deal on Fannie, Freddie bill outline
Recent Business News
BOSTON - Steven A. Cohen, whose hedge fund SAC Capital Advisors pleaded guilty to insider trading, is changing the name of his firm to Point72 Asset Management as it shifts focus to managing his own assets from serving as a hedge fund for wealthy investors following an agreement with the U.S. government.
SHANGHAI - Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy the U.S. company's server business had yet to be finalized.
VIENNA - Austria and America Movil are still in talks on pooling their stakes in Telekom Austria but have not moved to formal negotiations, the state holding company said.
NEW YORK - Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross.
For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing.
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?