Thu, March 18, 2010 1:09 PM
Greenspan acknowledged a range of regulatory failures in a review of the causes of the financial crisis, but disputed the view that the Fed left interest rates too low for too long.
Thu, March 18, 2010 1:35 PM
House Democrats said they are on track for a vote on a health-overhaul bill that the CBO estimates will cost $940 billion over a decade. The president delayed his trip to Asia until June.
Thu, March 18, 2010 1:34 PM
New York's attorney general said his office will investigate what he called "manipulation" of government workers' salaries and overtime pay to secure inflated pensions in a practice known as "pension spiking."
Thu, March 18, 2010 10:30 AM
U.S. consumer prices were flat in February from the previous month as higher car prices were offset by lower energy costs. Separately, jobless claims fell slightly in the latest week.
Thu, March 18, 2010 1:28 PM
Fedex raised its full-year earnings forecast and said its fiscal third-quarter profit more than doubled amid strength at the airline freight unit.
Thu, March 18, 2010 1:22 PM
Stocks dipped in and out of the red as debates in Washington unsettled investors. Energy stocks fell as commodity prices slipped.
Thu, March 18, 2010 1:24 PM
A senior Chinese trade official warned that any further appreciation of the Chinese currency risked driving exporters out of business.
Thu, March 18, 2010 1:34 PM
Unilever said that Vindi Banga, president for global foods, home and personal care, resigned. His is the latest in a series of notable departures under the new CEO.
Thu, March 18, 2010 8:18 AM
A judge rejected a proposal by the SEC and 12 Wall Street firms that sought to scrap a key portion of a 2003 deal that put strict curbs on stock analysts.
Thu, March 18, 2010 9:34 AM
Macau gambling tycoon Stanley Ho said there was "absolutely no foundation in any suggestion" that he is associated with Macau's triads, or organized crime bodies.
Thu, March 18, 2010 9:35 AM
Virgin America plans to lease nine additional Airbus jetliners, allowing it to launch service to Orlando, Fla., Toronto and additional routes later this year.
Thu, March 18, 2010 11:28 AM
Irish police arrested Anglo Irish Bank's former chairman Sean FitzPatrick in connection with irregularities at an Irish financial institution.
Thu, March 18, 2010 9:09 AM
The Hong Kong listing of Rusal opens up a compelling option for Russian companies that have traditionally sought to go public in London, Rusal's deputy chief executive said in an interview.
Thu, March 18, 2010 11:09 AM
RBS expects that by 2013, the U.K. government will have sold or at least started to sell its shares in the bank at a profit.
Thu, March 18, 2010 10:19 AM
Coca-Cola Co. is in talks to buy a majority stake in a Russian juice company, aiming to catch up with Pepsi, which is already in the juice business there.
Thu, March 18, 2010 1:35 PM
Tidjane Thiam said he won't be joining the board of French bank Société Générale, after drawing fire for taking another high-profile job while working on a massive planned insurance takeover.
Thu, March 18, 2010 1:08 PM
Australia's Prime Minister Kevin Rudd warned China Thursday that "the world will be watching" how it conducts the trial of four Rio Tinto executives, in a case that has already sent chills through foreign businesses
Thu, March 18, 2010 9:42 AM
The euro zone posted a large trade deficit in January, as exports fell more sharply than imports.
Wed, March 17, 2010 11:32 PM
The jailed financier was assaulted by another inmate in December, according to three people familiar with the matter.
Thu, March 18, 2010 7:26 AM
China Mobile, the world's biggest mobile operator by subscribers, reported a sharp slowdown in profit growth for 2009 and said it plans to cut capital spending in the next three years.
Thu, March 18, 2010 12:57 PM
Barnes & Noble tapped the president of its Web site, William Lynch, as its new chief executive, succeeding Steve Riggio.
Thu, March 18, 2010 6:16 AM
Roche expects to strengthen its already-firm foothold in cancer treatments and also plans to expand in other therapeutic areas to secure long-term growth, the company said ahead of its investor day in New York.
Thu, March 18, 2010 12:09 PM
Siemens AG's plan to restructure SIS will cost between $549.6 million and $687.1 million and involves slashing 4,200 jobs world-wide by the end of 2011
Thu, March 18, 2010 6:49 AM
Fed Chairman Ben Bernanke warned that a proposal stripping oversight of smaller banks from the Fed would unwisely narrow the central bank's focus.
Thu, March 18, 2010 10:14 AM
Teva said it will buy generic drug maker Ratiopharm for $4.97 billion, catapulting the Israeli drug maker to a top position in the European generic drug market.
Thu, March 18, 2010 5:35 AM
Susan Merrill is stepping down as Finra's enforcement chief after nearly three years in which the organization's disciplinary actions and fines against the brokerage industry have declined.
Thu, March 18, 2010 12:23 PM
Managers of bankrupt oil giant Yukos have won injunctions in U.S. and British courts seeking the seizure of property from Russian oil major Rosneft--a sign that Yukos's legal battle against the Russian state is far from over.
Thu, March 18, 2010 5:28 AM
The FDA is drawing up guidelines for approving two or more new drugs together to fight deadly diseases such as TB and AIDS.
Thu, March 18, 2010 7:34 AM
The European market for repurchase agreements -- an important measure of banks' confidence in lending to each other -- showed healthy signs of recovery last year.
