Enron plaintiffs ask Bush to back 3rd-party suits
Former Enron Corp. shareholders on Tuesday called on the White House to support their efforts to hold third parties accountable when their actions help a company defraud investors.
Bre-X gold scam figure not guilty on all counts
John Felderhof, the lone remaining key figure in the multibillion-dollar Bre-X gold fraud, was found not guilty on Tuesday of insider trading and misleading investors in the only prosecution brought in the greatest mining scam of all time.
Citigroup takes lumps; investors wait for rebound
Investors worry that deteriorating borrowing conditions will saddle lenders -- and not just Citigroup -- with too many soured investments.
U.S. oil near year high above $77
U.S. oil climbed above $77 on Wednesday, inching towards its all-time high, on forecasts for another weekly decline in crude stocks in top consumer the United States and a recovery in world share markets.
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GM trounces estimates, shares surge
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Global stocks rally sharply as credit market calms
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China tells Paulson it's poor and poses no threat
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Glaxo diabetes drug should stay on market: U.S. panel
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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Slide continues for shares in Asia
Asian shares slid on Monday after U.S. stocks suffered a second day of heavy losses on worries that companies were facing tighter credit conditions, while uncertainty in global equity markets drove up the yen. Worries that problems in the housing market could spill over into other parts of the U.S. economy -- Asia's main export market -- and that tighter credit would cause takeover activity to slow, saw the S&P 500 index suffer its worst week in nearly five years.
U.S. gold futures bounce early, dollar falls vs euro
U.S. gold futures bounced in quiet trade early on Monday, after a volatile week when the market sold off heavily on risk aversion, as investors looked for new impetus during the usually slower summer months.
Stocks flat, but volatility running high
Stocks were little changed on Monday after gyrating between negative and positive territory in the first half hour as worsening sentiment about the global credit environment countered optimism about economic growth. Tightening lending standards threaten to slow or halt the heavy pace of corporate buy-outs that have fueled a rally in equities.
Brown hails bonds with U.S. as he meets Bush
British PM Gordon Brown wants to keep close ties and says his nation shares its ideals with America.
Lenovo's Q1 set to leap 6-fold but price war looms
China's Lenovo Group, the world's third-largest computer maker, is expected to post a six-fold rise in quarterly profit on Thursday on strong corporate demand but faces unrelenting price pressure at home.
Verizon Wireless to buy Rural Cellular
Verizon Wireless, the No. 2 U.S. wireless service, said on Monday it would buy Rural Cellular Corp for $757 million in cash to save on roaming costs and expand its customer base.
Verizon quarterly profit rises
Verizon Communications Inc. said on Monday its second-quarter profit rose 4.5 percent as subscriber growth for its FiOS TV service accelerated while wireless growth remained steady.
Most U.S. mid-sized companies not hiring: survey
More than half of U.S. mid-sized companies are not planning to hire over the next 12 months or may lay people off, and fewer than a third of the firms expect strong economic growth, a survey said on Monday.
Liberty reportedly mulling Virgin Media bid
John Malone, the U.S. media mogul and chairman of Liberty Global, is considering entering a $23 billion auction for cable operator Virgin Media, the Financial Times reported on its Web site on Sunday.
Oil down on profit taking
Oil prices dipped on Monday as investors took profit after U.S. crude prices leapt more than $2 to their second-highest close on record, fuelled by upbeat signals on the U.S. economy and nagging supply worries.
Yen rises, risk aversion overshadows Japan election
The yen hit a three-month high against the euro in early trade on Monday as the sell-off in global equity and credit markets prompted investors to cut back on risky positions such as carry trades.
Interview: David Ruch, United Airlines General Manager for Korea
As one of the largest international carriers, U.S.-based United Airlines marked a new beginning last year, emerging from bankruptcy protection which began in 2002. After enduring a painful restructuring, the airline is greeting a new era, approaching its passengers as a leaner, more cost-efficient company.
Data, earnings loom after painful week
Getting back on the bull will be no easy task next week, particularly after the meltdown stock investors endured over the past two days.
Friends in High Places
A web video startup by recent college grads is getting backing from Apple and Clear Channel founders.
A Cozy Relationship
Beneath the surface, CEOs and their ties with analysts who cover their companies can run deep.
Cheadle uses fame to promote social causes
Fame can be used to 'take the focus, when it's put on you, and throw it onto other things,' he says.
Stocks drop more than 1 percent on credit concerns
U.S. stocks plunged for a second day on Friday, in the worst week for the S&P 500 in nearly five years, as tightening credit conditions led to concerns that takeovers would slow. Losses accelerated in the final minutes of trading, taking the Dow industrials down more than 200 points, a day after an equities sell-off that wiped out more than $300 billion in the value off the S&P 500.
Ford shares up on forecasts for faster turnaround
Shares of Ford Motor Co. on Friday gained nearly 2 percent after the struggling automaker posted a surprise second-quarter profit, prompting Wall Street analysts to forecast a faster turnaround and a narrower loss for the year.
Qwest ex-CEO gets 6 yrs prison for insider trading
The former chief executive of Qwest Communications International, Joseph Nacchio, was sentenced on Friday to six years in prison and ordered to forfeit $52 million in stock gains from insider trading.
Sony 1Q profit more than triples
Sony Corp. said its first-quarter profit more than tripled, beating expectations, after strong contributions from digital camera sales and a softer yen far outweighed losses on the slow selling PlayStation 3 game console.
PIMCO'S Gross says stocks are appropriately valued
Stocks and high-yield corporate bonds are back to appropriate levels, the world's biggest bond fund manager said on Friday, a day after fears of spreading problems in the housing market triggered a rout in global stock and credit markets.
Chevron profit up with refining, beats view
Chevron Corp posted a better-than-expected 24 percent rise in quarterly earnings on Friday on higher profits from its refineries and a gain from the sale of its stake in power company Dynegy Inc. Net income in the second quarter increased to $5.38 billion, or $2.52 a share, from $4.35 billion, or $1.97 a share, last year.
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