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Dirty Money Probe Circles Globe

Fri, September 3, 2010 12:38 PM

A slim lead helped spark an inquiry that found some of Europe's banks actively evaded U.S. law in aiding sanctioned countries to move $2 billion undetected.


U.S. Private Sector Adds 67,000 Jobs

Fri, September 3, 2010 12:47 PM

The U.S. economy lost 54,000 jobs in August as census workers continued to exit payrolls, but the private sector added 67,000 jobs. The unemployment rate rose to 9.6%.


Stocks Could Snap 3-Week Skid

Fri, September 3, 2010 12:45 PM

A better-than-expected jobs report sent U.S. stocks higher, marking a fourth-straight day in the black and putting the market on track to snap a three-week losing streak.


Goldcorp to Buy Andean Resources

Fri, September 3, 2010 11:21 AM

Goldcorp said it had reached a deal to buy Andean Resources in a deal that values the gold company at around $3.42 billion.


BP Spill Costs Reach $8 Billion

Fri, September 3, 2010 11:12 AM

BP said it has spent around $8 billion in response to the massive oil spill in the Gulf of Mexico and expects to resume its relief-well drilling shortly.


H-P Outguns Dell in Takeover Duel

Fri, September 3, 2010 10:21 AM

It wasn't the biggest bidding war the tech world has ever seen, but the battle between titans H-P and Dell for a humble maker of data-storage systems certainly qualified as one of the wildest ever.


Petrobras Seeks $64 Billion From Sale

Fri, September 3, 2010 12:37 PM

Brazil's state-run energy company Petrobras launched the world's largest-ever sale of shares to finance a $224 million, five-year investment program.


Countrywide's Case of Full Disclosure

Fri, September 3, 2010 7:35 AM

When does a company that has made financial disclosures fail to satisfy disclosure requirements?


IEA Sees More Reliance on OPEC Oil

Fri, September 3, 2010 7:43 AM

The global dependency on the members of the Organization of Petroleum Exporting Countries for oil will rise as production by non-OPEC nations falls.


Officials Move to Tame Asian Currencies

Fri, September 3, 2010 8:27 AM

Singapore intervened in the foreign-exchange market and Korea resumed its intervention after a two-week break, while Japan has signaled it is weighing entering the market for the first time in six years.


Roche Launches Cost-Cutting Plan

Fri, September 3, 2010 12:19 PM

Roche said it has launched a cost-cutting and efficiency plan in the wake of increased price pressures and a series of drug-development setbacks.


Bernanke Defends Record On Lehman

Thu, September 2, 2010 11:13 PM

Fed chief Ben Bernanke told a panel that he had no options to prevent Lehman Brothers' failure in September 2008 even though he knew its downfall would be "catastrophic."


TPG Sells Ping An Stake for $1.16 Billion

Fri, September 3, 2010 4:10 AM

TPG sold its remaining stake in Ping An Insurance for $1.16 billion in the latest example of how the U.S. company is reaping profits from its investments in Asia.


U.S. Frets Over Foreign GM Investors

Thu, September 2, 2010 11:06 PM

The U.S. Treasury is concerned about the political fallout of allowing overseas investors to buy big stakes in General Motors through the car maker's initial public offering this fall.


Putin Extends Wheat-Export Ban

Fri, September 3, 2010 5:33 AM

The Russian prime minister's move helped push up the price of wheat and sparked fears of supply shortages and broader unrest over rising food costs.


Abbott Abandons Sale of Unit

Thu, September 2, 2010 9:02 PM

Abbott pulled the plug on the sale of its European flu-vaccine business when initial bids came in below the company's expectations.


Employers Raise Workers' Share of Health Costs

Thu, September 2, 2010 8:11 PM

Employers passed health-insurance costs onto employees at a sharply higher rate this year, and businesses' premiums grew more slowly than they have in a decade, according to an annual survey.


Disney, Time Warner Reach Deal

Thu, September 2, 2010 11:17 PM

Disney and Time Warner Cable reached an accord after marathon negotiations over a long-term deal that will provide Time Warner Cable subscribers with a wide swath of Disney's programming.


 

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