 Wall Street shivers over Indian rate hikeU.S. stocks closed in the red on Friday. For the Dow Jones it was the first time in 9... | |
 Century old Bank of Hiawassee shutteredThe FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of... |
 10 branches of Appalachian Community Bank closeAppalachian Community Bank with $1.01 billion in assets has been unable to stay... |
 State Bank of Aurora in Minnesota founded in 1906 is shut downThe bank which first opened its doors on January 1st 1906, closed for the last time on March 19th... |
 Merchandising a growing source of revenue for airlinesAirlines across the globe are looking for new ways to enhance revenue... |
 First bank failure of year for AlabamaThe FDIC will lose $38.3 million as a result of the bank's... |
 Advanta Bank in Utah with $1.5 billion in deposits closesThe FDIC has taken charge of the Advanta Bank Corp., in Draper,... |
 Hong Kong rental market improves as supply contractsRents are up in Hong Kong as the number of new properties coming on to the market... |
 Century Security Bank one of 3 Georgia banks terminatedThe FDIC has been named receiver of the failed... |
 Ohio loses American National Bank of ParmaThe National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National... |
 Gordon Brown says BA strike unecessaryThe UK Prime Minister has put pressure on British Airways cabin crew to call off a series of... |
 Surge in electric vehicle sales in USThe biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this... |
 Irish bank chief accused of fraudThe former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial... |
 UK Chancellor pledges major cut in deficitIn the UK, Chancellor Alistair Darling has pledged to cut the budget deficit by... |
 EU could be embarrassed by Greek requests for moneyGreece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the... |
 Scotland passengers expect meagre BA serviceScotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin... |
| Apple announces sudden death of director York Apple Inc has announced the death of one of its directors, Jerry... |
| Keppel Signs Joint Venture Deal To Develop Us$386 Million Shipyard SINGAPORE -(Dow Jones)- Singapore rig builder Keppel Corp. Ltd (KPELY, BN4.SG ) Friday said it will sign a joint venture agreement with State Oil Company of Azerbaijan Republic and Azerbaijan... |
| Exclusive: Senate Banking Committee Members Submit Nearly 400 Proposed Amendments To Dodd Regulation Reform Bill, Sources Say Members of the Senate Banking Committee have submitted about 400 proposed amendments to the financial regulation reform bill proposed this week by the committee's chairman, Sen. Christopher Dodd,... |
| Petrobras Ends Turbulent 2009, Builds 2010 Momentum RIO DE JANEIRO -(Dow Jones)- The global economic slowdown caused Brazilian state-run oil company Petroleo Brasileiro (PBR, PETR4.BR) to post 2009 net profits short of 2008's record, but a quick... |
| Sen Dodd Urges Justice Probe Of Lehman Accounting (Reuters) - The chairman of the Senate Banking Committee on Friday wrote to the Justice Department urging establishment of a task force to probe possible violations of the law at Lehman Brothers and... |
| Final Health Bill Omits Some Of Obama's Promises It was a bold response to skyrocketing health insurance premiums. President Barack Obama would give federal authorities the power to block unreasonable rate... |
| Dodd Asks For Justice Investigation Of Lehman Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. unveils his proposal on new financial rules during a news conference in the Senate Radio and Television Gallery on Capitol Hill in... |
| Attorney General Sues Firms Offering Home-loan Help The Minnesota attorney general's lawsuit charges that two mortgage modification companies violated a state law that prohibits charging upfront... |
| Cirrus Is Fighting For Its Reputation Cirrus Design Corp. of Duluth went to court to stop a supplier from spreading what Cirrus called false rumors that it was being forced into... |
| As Workloads Go Up, Worker Loyalty Falls, Survey Finds Employee attitudes and loyalty have dropped in the past several months, even as the economy and corporate profits have rebounded, according to a national study by Minneapolis-based Modern Survey. ... |
| Remember All Those Things Obama Said Would Be In The Health Care Bill? Well, Some Aren't WASHINGTON - It was a bold response to skyrocketing health insurance premiums. President Barack Obama would give federal authorities the power to block unreasonable rate hikes. Yet when Democrats... |
| Lloyds Will Return To Profit After Fall In Bad Debt Rates Lloyds Banking Group will swing back to profitability this year thanks to faster-than-expected improvements in bad debt rates and strict cost-cutting, the Government-backed bank revealed yesterday. ... |
| Top 10 Articles: Google Street View And Microsoft Ie9 readers is a report damning Google’s Street View as an intrusive service that is more useful to burglars than the general public.Google has continued its run of recent bad news with two other... |
| Hank' Greenberg Agrees To Sell Up To 10 Million Aig Shares To Ubs UBS ) for $278 million. In a filing Friday with the U.S. Securities and Exchange Commission, Starr International Co., Greenberg's investment vehicle, said it would sell up to 10 million AIG shares... |
| 3rd Update:democrat Leaders Confident Before Health-care Vote (Updates throughout with additional details) WASHINGTON -(Dow Jones)- House Democratic leaders on Friday worked to resolve complaints within their ranks on health-care legislation, with President... |
| Brazil Petrobras Cfo: Planning For Share Offer By End-july RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) plans to complete its much-anticipated capitalization plan by end-July, CFO Almir Barbassa said late... |
| Petrobras Cfo: Five-year Oil Price Target $62-$77 Per Barrel RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) will base its investment plans on oil prices between $62 and $77 a barrel over the next five years,... |
| Bair Says Senate Bill Must Be Tweaked A key senator has agreed with the head of the Federal Deposit Insurance Corp. to change new Senate legislation to ensure an end to the "too-big-to-fail" approach that brought the government rushing... |
| As Market Steps Back, Some Say Pause Was Due NEW YORK - U.S. stocks closed modestly lower on Friday, with the Dow average snapping its eight-day string of gains, as renewed worries over Greek finances and a coming vote on health care unnerved... |
| Federal Reserve Told To Reveal Loan Recipients NEW YORK - The Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd... |
| Ceo Pay Watch: Select Comfort Corp. Note: Select Comfort recovered from the brink in 2009. The stock price fell below 20 cents per share in December 2008 and was trading below $1.50 per share through July. Select shareholders in August... |
| In Letter, Fired Lehman Whistleblower Calls Bank's Accounting Tricks Possibly 'unlawful' NEW YORK - A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday. Matthew Lee, a former Lehman... |
| Fdic Chairman Says Loopholes Must Be Filled In Senate Overhaul Bill To End 'too-big-to-fail' WASHINGTON - A key senator has agreed with the head of the Federal Deposit Insurance Corp. to change new Senate legislation to ensure an end to the "too-big-to-fail" approach that brought... |
| Advanta Bank, Six Other U.s. Lenders Collapse Amid Bad Loans March 19 (Bloomberg) -- Advanta Bank Corp., owned by the bankrupt credit-card issuer, was shut by regulators along with three lenders in Georgia as the number of failed banks this year climbed to... |
| Lady Gaga Sues Ex-producer, Denies He Deserves Fees March 19 (Bloomberg) -- Lady Gaga sued her former music producer Rob Fusari saying he shouldn’t get any share of fees he says he’s entitled to after claiming he discovered her, dated her... |
| Ba Cabin Crew Begin Strike Action British Airways cabin crew have begun strike action that will cause severe disruption to flights for the next three days.Talks between the airline and the Unite union, which represents the crew,... |
| British Airways Cabin Crew Strike Begins Unite and the airline could not resolve the long-running row over pay and working conditions. BA chief executive Willie Walsh said the airline would now put in place its "extensive" contingency... |
| Warning: Housing Shortage At 'crisis Point' The UK housing shortage is at crisis point - with building work at its lowest level since World War Two despite a need for a million extra homes, it is... |
| Petrobras' Chairman To Step Down -- Reports "); } function setUserAsLoggedIn() { $('#username_link').show(); $('#username_link').html("WELCOME ("+$.cookie("p_UN")+")"); ... |
| Petrobras Q4 Profit Rises 10% On Lower Revenue LOS ANGELES -- Brazilian state-run oil firm Petroleo Brasileiro said late Friday that its fourth-quarter net earnings rose to 8.13 billion reals ($4.52 billion), up 10.5% from the year-earlier... |
| Update: Goldman Ceo Blankfein Gets $19 Million Windfall (Adds details, including that Goldman allows some highly paid executives access to the private-equity and hedge funds the investment bank offers to clients). By Joe Bel Bruno Of DOW JONES NEWSWIRES... |
| Brazil Petrobras Cfo: 2010-14 Plan Targets Between $200 Billion-$220 Billion RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) expects its 2010-2014 strategic investment plan to run between $200 billion and $220 billion, Chief... |
| Update: Inter-american Development Bank Seeks More Capital (Updates with comments on the IDB financing crunch from U.S. Treasury, finance ministers and IDB officials) CANCUN, Mexico -(Dow Jones)- Public officials, interest groups and investors from around... |
| Brazil Petrobras Cfo: 2010 Output Target Set At 2.1 Million Bbl/day RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) set its 2010 domestic crude oil production target at 2.1 million barrels a day, Chief Financial... |
