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Workers protest to save jobs
2008-10-28 09:36:04
Finance workers will stage a protest in Westminster to demand that the Government's banking bail out protects jobs and communities, not executive bonuses.
Read more: Workers

World Stocks Begin Rise
2008-10-28 08:41:49
World stocks rose solidly on Tuesday as investors indulged in a burst of bargain hunting after five straight trading sessions of steep losses.
Read more: Stocks , World

World Stocks Begin Rise
2008-10-28 08:41:49
World stocks rose solidly on Tuesday as investors indulged in a burst of bargain hunting after five straight trading sessions of steep losses.
Read more: Stocks , World

Visa, MasterCard in $2.8B settlement with Discover
2008-10-28 05:12:15
Credit card issuers Visa Inc. and MasterCard Inc. on Monday said they will pay up to $2.75 billion to Discover Financial Services LLC to settle an antitrust suit.


Visa, MasterCard in $2.8B settlement with Discover
2008-10-28 05:12:15
Credit card issuers Visa Inc. and MasterCard Inc. on Monday said they will pay up to $2.75 billion to Discover Financial Services LLC to settle an antitrust suit.


Visa, MasterCard in $2.8B settlement with Discover
2008-10-28 05:12:15
Credit card issuers Visa Inc. and MasterCard Inc. on Monday said they will pay up to $2.75 billion to Discover Financial Services LLC to settle an antitrust suit.


Visa, MasterCard in $2.8B settlement with Discover
2008-10-28 05:12:15
Credit card issuers Visa Inc. and MasterCard Inc. on Monday said they will pay up to $2.75 billion to Discover Financial Services LLC to settle an antitrust suit.


Billabong upgrades guidance on falling dollar
2008-10-28 04:14:15
Surf, snow and streetwear retailer Billabong International has upgraded its guidance, as the exporter reaps the benefits of a falling Australian dollar.
Read more: upgrades

Assassination plot targeting Obama disrupted
2008-10-28 01:06:33
WASHINGTON Federal agents have broken up a plot to assassinate Democratic presidential candidate Barack Obama and shoot or decapitate 102 black people in a Tennessee murder spree, the ATF said Monday.
Read more: Assassination

Wall Street marks grim anniversary of 1929 crash
2008-10-27 23:53:57
Wall Street marks grim anniversary of 1929 crash 1/2 Crowds panic in the Wall Street district of Manhattan due to the heavy trading on the stock market in New York City on Oct.


A fresh look at stocks’ values
2008-11-16 23:56:06
Plenty of beaten-down stocks appear to be attractively priced nowadays relative to their earnings.
Read more: fresh

Teacher Pension Fund Plummets In Financial Crisis
2008-11-16 19:52:51
The Teacher Retirement System of Texas has seen about a $25 billion market value drop since Sept.
Read more: Crisis , Financial , Pension

Global Markets Weekahead-Unremitting gloom and capital flight
2008-11-16 19:42:28
By Jeremy Gaunt, European Investment Correspondent LONDON, Nov 16 - Investors enter the week surrounded by unrelentingly poor global economic news, fading hopes of a significant end-of-year stock market ...
Read more: capital , Global , Markets

Audit: Sharpton campaign owes US nearly $500,000
2008-11-16 15:33:08
Federal auditors have concluded the Rev. Al Sharpton 's 2004 campaign owes the government nearly $500,000 for illegal donations and other financial improprieties.
Read more: Audit

No-peeking strategy requires commitment
2008-11-16 15:21:52
Jack Bogle, founder of the Vanguard Group, reminded me recently that one of his "prime rules of investing" can be summed up in two words: Don't peek.


Stocks expected to open weaker
2008-11-16 11:18:00
THE Australian stock market is expected to open in negative territory on Monday after falls on Wall Street, as economists predict further volatility ahead.
Read more: Stocks

HBOS May Be Nationalised - Claim
2008-11-16 11:11:06
Halifax Bank of Scotland could have to be nationalised if shareholders reject a takeover by Lloyds TSB, the bank's chairman has said.


Taxable distributions may shock fund investors
2008-11-16 06:57:52
Talk about kicking investors when they're down. A required year-end practice by mutual funds is about to whack many people with capital gains taxes at the cruelest of times: when funds already have declined by ...


Suspect arrested in Northern Calif. office deaths
2008-11-16 02:57:27
An engineer who police said fatally shot three former co-workers at a Silicon Valley high-tech company was arrested Saturday after a daylong manhunt.Jing Hua Wu was arrested at an intersection in nearby Mountain View and booked into Santa Clara County Jail on three counts of murder, said Santa Clara Police Lt. Mike Sellers.Wu was not armed when he was arrested, and office rs did not find a gun in h
Read more: Calif , deaths , Northern

Chase offers Money to Republic Workers
2008-12-10 19:45:54
JPMorgan Chase's offer, announced by Rep. Luis Gutierrez, who has been mediating the dispute, follows on Bank of America Corp's pledge to make an unspecified, limited loan to Republic Windows & Doors on behalf ...
Read more: Money , Workers

AIG working to settle $10B of investment losses
2008-12-10 18:46:28
American International Group Inc. said Wednesday it is working on resolving nearly $10 billion in soured investment s - without asking taxpayers for more money.


UK competition regulator approves Lloyds/HBOS deal
2008-12-10 15:44:14
A British regulator on Wednesday ruled that Lloyds Group TSB PLC's proposed takeover of rival bank HBOS PLC is legal, two days before a final shareholder vote on the deal.The ruling comes following a last-ditch effort by the Merger Action Group, backed by a group of Scottish businessmen, to block the takeover by taking the case to the Competition Appeal Tribunal.'There is simply no basis for the a
Read more: competition

Dollar mixed, gold up in morning trading
2008-12-10 14:35:11
The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold rose.The euro traded at $1.2915, down from $1.2919 late Tuesday in New York.Other dollar rates:_92.59 Japanese yen, up from 92.13_1.2072 Swiss francs, up from 1.2058_1.2611 Canadian dollars, down from 1.2644The British pound was quoted at $1.4778, up from $1.4760.Gold traded in London at $785.75 pe
Read more: Dollar

RBA may slash rates in weeks
2008-12-10 11:31:10
RESERVE Bank of Australia governor Glenn Stevens has not ruled out cutting interest rates in January - a month when the bank board does not normally meet.
Read more: slash

Asian marts advance to 1-month high
2008-12-10 10:32:04
HONG KONG: Asian stocks hit a one-month high today on hopes for government-led help for key sectors such as technology, which encouraged risk-taking to the detriment of assets perceived as safer, such as the ...


Report: Citigroup to cut 1,000 jobs at Japan unit
2008-12-10 07:12:07
Citigroup Inc. will slash some 1,000 jobs at its Japan ese brokerage unit as part of the ailing U.S. banking giant's efforts to survive the financial meltdown, a report said Wednesday.Nikko Cordial Securities Inc. will cut its work force through early retirement, and some 1,000 employees, mostly those aged above 40, have accepted severance offers, Kyodo News agency said, citing no sources.The Japan
Read more: Citigroup

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