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Fed Officials Watch Asset Prices for Signs of ‘Excessive Risk’

November 26, 2009

Federal Reserve policy makers said for the first time that their decision to cut interest rates to zero may be fueling undue financial-market speculation […]

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Two Madoff programmers arrested for role in fraud

November 14, 2009

Two computer programmers provided technical support to falsify documents and trading records for swindler Bernard Madoff and took hush money to help keep the […]

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Fed officials cautious on economic recovery

November 11, 2009

Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real […]

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Fannie Mae posts $18.9 billion Q3 loss, taps Treasury

November 6, 2009

Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it […]

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Comcast close to gaining control of NBC universal: report

November 2, 2009

Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal […]

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General Dynamics profit tops view; boosts forecast

October 29, 2009

General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday as strength in defense sales helped offset weakness in business jets.
The maker of tanks […]

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Capmark Financial bankruptcy due soon: source

October 14, 2009

Capmark Financial Group Inc., the commercial real estate company created through a 2006 leveraged buyout of certain GMAC assets, is preparing to file for […]

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Murdoch in Asia, checking out e-reader partners?

October 8, 2009

News Corp chief Rupert Murdoch has held talks with Japanese and South Korean firms, possibly sounding out potential partners to rival Amazon.com Inc’s Kindle […]

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U.S. jobless rate reaches 9.8 per cent

October 4, 2009

WASHINGTON–The unemployment rate rose to 9.8 per cent in September as employers cut far more jobs than expected, evidence that the longest recession since […]

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BofA suspends ACORN commitments: report

September 29, 2009

Bank of America Corp has suspended its current commitments to ACORN Housing, an affiliate of Association of Community Organizations for Reform Now (ACORN), a […]

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