MARKETS / FINANCE

Morgan Stanley Chief Executive Officer James Gorman's total compensation reached $15.2 million in 2010, according to a regulatory filing on Thursday.

Auditor Ernst and Young LLP must face a lawsuit over its role in a $2.2 billion stock options backdating scheme at Broadcom Corp , a U.S. appeals court ruled.

The recent surge in oil prices is no prelude to broader price increases that would force the Federal Reserve to raise interest rates, top Fed officials said on Thursday in what appears to be the predominant view at the central bank.

Greek borrowing costs soared to new highs on Thursday and pressure rose on other financially weak euro zone countries after Germany suggested for the first time that Athens may have to restructure its debt.

Google Inc's quarterly earnings missed Wall Street's target by a tad as operating expenses soared, sending its shares 5 percent lower.

Nasdaq OMX Group Inc named a Bank of America Merrill Lynch investment banker as chief financial officer on Thursday, bringing in a seasoned dealmaker as it pursues a takeover bid of NYSE Euronext .

Hedge fund founder Raj Rajaratnam and his family have invested $25 million in a $35 million fund managed by one of his former top executives who testified at Rajaratnam's insider trading trial, the jury heard on Thursday.

Stocks that outperform in a weak economy helped the Dow and S&P 500 eke out gains on Thursday as concerns about faltering growth and inflation prompted investors to seek out less volatile names.

Stocks that outperform in a weak economy helped buoy the Dow and S&P 500 on Thursday as concerns about faltering growth and inflation prompted investors to seek out less volatile names.

The Dow and S&P edged higher in late trading on Thursday as concerns about higher inflation prompted investors to buy staples and health shares, but a Senate investigation of Goldman Sachs hurt financials.

People surfing European websites will be able to turn off the cookies used to spy on their Internet habits under rules hammered out by the region's online advertisers, an industry body said on Thursday.

Prices paid by U.S. factories picked up pace in March as the disruption caused by Japan's earthquake began to be felt in the auto industry and fuel prices rose strongly.

Stocks slipped on Thursday as Goldman Sachs pulled financials lower and an unexpected rise in jobless claims added to bearish sentiment that put the S&P on track for its fifth day of losses in six.

The recent surge in oil prices is no prelude to broader price increases that would force the U.S. Federal Reserve to raise interest rates, two top Fed officials said on Thursday.

Top commodity trader Glencore aims to raise up to $12.1 billion with a dual listing that will boost firepower for deals at the height of a resources boom and make paper fortunes for its publicity-shy partners.

New U.S. claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, a government report showed on Thursday.

Stocks fell on Thursday after an unexpected rise in jobless claims and concerns about higher inflation overseas pushed investors toward defensive stocks.

In a frenzy to protect its interests at the start of the credit crisis, Goldman Sachs Group Inc sold mortgage-linked derivatives to clients at inflated prices and misrepresented the nature of the deals, according to documents released by a Senate subcommittee.

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation.

U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.

Worries about higher inflation and signs of job market weakness prompted investors to sell stocks on Thursday.

Moody's Corp and Standard and Poor's triggered the worst financial crisis in decades when they were forced to downgrade the inflated ratings they slapped on complex mortgage-backed securities, a U.S. congressional report concluded on Wednesday.

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation.

In the most damning official U.S. report yet produced on Wall Street's role in the financial crisis, a Senate panel accused powerhouse Goldman Sachs of misleading clients and manipulating markets, while also condemning greed, weak regulation and conflicts of interest throughout the financial system.

Russian billionaire Yuri Milner, a venture capitalist and social networking investor who has invested hundreds of millions of dollars in Facebook, Groupon and Zynga, is opening an office in Hong Kong, according to a source familiar with the matter.

China's foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation's inflation woes and trigger more policy tightening.

Stock index futures fell on Thursday before U.S. data that could shed light on the impact of rising commodity prices and as concerns grew over Chinese inflation.

Stock index futures fell on Thursday as investors awaited data to assess the impact of rising commodity prices amid growing concerns over Chinese inflation.

Stock index futures pointed to a slightly weaker start for Wall Street on Thursday, with futures for the S&P 500, Dow Jones industrial average and Nasdaq down 0.1 to 0.2 percent by 0847 GMT.