MARKETS / FINANCE

Don't bother calling your favorite value investor on Saturday morning -- he or she will be busy devouring every last word of annual wisdom from the guru of that investing discipline, Warren Buffett.

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, a deal that could be worth around $4 billion as the lender tries to grow beyond sluggish commercial banking business in Japan.

Investors who lost money in Bernard Madoff's Ponzi scheme have reached a $100 million settlement with a group of funds affiliated with Tremont Group Holdings Inc that funneled their money to the now imprisoned con man.

Bank of America, Citigroup and Wells Fargo -- three of the biggest banks in the United States -- said they could face fines from a regulatory probe into the industry's foreclosure practices.

Wells Fargo & Co , the largest U.S. mortgage lender, said it is likely to face fines from regulators and other government agencies as a result of a probe into the industry's foreclosure practices.

The Federal Reserve would react to higher oil prices only if the increases spilled over into broader areas, officials of the U.S. central bank said on Friday, with one policy maker calling the risks manageable.

Icelanders will vote on April 9 on a plan to repay around $5 billion to Britain and the Netherlands to cover debts from the financial crisis, with popular backing key to keeping an economic recovery on track.

Google Inc made substantial changes to its search engine in a direct attack on companies that churn out low-quality stories and videos.

NEW YORK, Feb 25 - A U.S. securities regulation enacted last year to combat credit ratings shopping and encourage open and transparent flow of issuers' collateral information to all rating agencies is having the opposite effect, according to securitization specialists.

Higher oil prices should have a limited impact on the world economy if prices stay at current levels, the International Monetary Fund said on Friday.

Canada will outpace the United States and Mexico in first-quarter automobile production growth, which will add roughly 1.5 percentage points to the country's economic growth, according to a report released by Bank of Nova Scotia.

Daily-deals website Groupon chalked up an eye-popping twenty-fold surge in 2010 revenue and hopes to get to billions of dollars this year, the Wall Street Journal cited an internal memo from its CEO as saying.

Oil price gains to date do not pose a risk to the U.S. economy but they could prove nettlesome if they jump a lot higher or create an inflationary psychology, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.

U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil prices stabilized, but unease over the Libyan rebellion could be enough to keep buying in check.

U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil prices stabilized, but unease over the Libyan rebellion could be enough to keep buying in check.

For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so,...

Why did the price of gold hit record highs in 2008? Take a look at the headlines - government bailouts of failed banks, mortgage and credit crises, rising inflation, slowing growth and global insecurity. In order to protect themselves from treacherous financial markets and depreciated paper currencies investors worldwide are turning to gold.

Boeing Co, its suppliers and investors had good reason to cheer after the company snared a $30 billion Pentagon order this week, but challenges loom as Boeing prepares to fill the historic order on what may be a tight budget.

U.S. consumer confidence hit a three-year high in February, suggesting the economy remained on a solid footing despite soaring gasoline prices.

NEW YORK, February 25 - The Securities and Exchange Commission market-abuse unit is using new approaches to in an effort to better identify insider trading and abusive conduct by market professionals.

The London Stock Exchange's top trading rivals failed to capitalize on the UK exchange's four-hour crash Friday as trading slowed across the market after the LSE's second trading glitch in a week.

I am a recent college graduate looking for my first professional job. I have applied for various administrative assistant positions and a few other office-type positions. I have not received very much feedback from my résumé and am desperately seeking some help with it.

Nordic telecoms company TeliaSonera (TLS1V.HE)(TLSN.ST) said on Thursday it will begin lay-off talks in Finland and estimates some 200 jobs might be cut.

The Treasury has told American banks to closely monitor transactions that may be related to unrest in Libya for any possible signs that state assets were being misappropriated.

Mexico's unemployment rate, adjusted for seasonal swings, fell to 5.23 percent in January from 5.55 percent the previous month, aided by a recovery in Latin America's second largest economy, official data showed.

Manhattan lost nearly 110,000 jobs from 2000 to 2009 while its outer boroughs were gaining jobs, thanks to the growth of two sectors, education and healthcare, a think tank's report said on Wednesday.

A former public relations employee has sued Publicis Groupe SA for $100 million, saying the French advertising company discriminates against women in pay and promotions. Women make up 70 percent of the company's public relations staff but hold only about 15 percent of leadership positions, the lawsuit says.

Herbicide demand in India is rising sharply and could double in the next three years as an acute labour shortage makes them a cheaper option and a rally in farm goods prices prompts farmers to grow crops with extra care. Sales of herbicides could touch 24 billion rupees ($530 million) by March 2014, industry officials and analysts said

Jobless claims fell more than expected last week, dragging down a closely watched moving average to a more than 2-1/2-year low in a sign the labor market was gradually healing.