Daily Wrap Up - Sept 8
Bonuses Anger; Will Cuomo Attack?; Beatles are Back
Wall St bonuses spark outrage on Main Street USA
All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down Main Street. Read Full Article here.
NY's Cuomo may charge BofA execs over Merrill
New York Attorney General Andrew Cuomo threatened on Tuesday to file charges accusing top Bank of America Corp executives of failing to disclose essential details about its takeover of Merrill Lynch & Co. Read Full Article here.
Can Beatles revive video game industry?
The Beatles are back -- but this time the world's most famous rock band may be stirring more excitement in executive suites than in campuses and schoolyards. Read Full Article here.
Google tells EU online books make Web democratic
Google, the Internet search group, defended its scanning and publishing of millions of books online on Monday by saying the project was making finding information on the Web more democratic. Read Full Article here.
Kraft will be disciplined over Cadbury: exec
Kraft is the most logical buyer for British chocolate firm Cadbury , but the U.S. rival will remain financially disciplined, one of the company's executives said on Tuesday. Read Full Article here.
Credit card losses seen up, staying high
Standard & Poor's said on Tuesday U.S. credit card losses declined in July, but forecast bad loans would soon resume their upward trend as thousands of Americans lose their jobs. Read Full Article here.
Madoff feeder fund settles with Massachusetts
Massachusetts' top securities regulator reached an $8 million settlement on Tuesday with Fairfield Greenwich Group for having invested the bulk of its clients money with swindler Bernard Madoff. Read Full Article here.
AIG interviewing banks on Alico IPO: sources
American International Group Inc is interviewing banks this week to manage a planned initial public offering of life insurance unit American Life Insurance Co, sources familiar with the matter said. Read Full Article here.
Obama asks students to set school-year goals
resident Barack Obama will challenge students to set goals and to do everything you can to meet them in a back-to-school speech that critics feared would promote a political agenda. Read Full Article here.
© Copyright Thomson Reuters 2024. All rights reserved.