Republican party lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.
Richard Fuld, former CEO of Lehman Brothers, was summoned to Capitol Hill on Tuesday to answer for the collapse of the fallen Wall Street giant, amid signs a vote on historic financial reforms may be delayed.
Airbus parent EADS told the Pentagon on Tuesday that it will compete directly against Boeing Co for a military refueling plane deal worth up to $50 billion, according to sources informed about the matter.
Republican lawmakers on Tuesday took a more conciliatory tone toward Democrat proposals to crack down on Wall Street as the Senate delayed debate on a broad financial reform package until next week.
TD Ameritrade Holding Corp substantially cut its profit, revenue and trading forecasts in the face of low volatility and interest rates, a difficult environment that it compared to last decade's dotcom market crisis.
UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.
U.S. stocks rose on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of heightened expectations.
The Treasury Department said on Tuesday it voted the 7.7 billion shares it owns in Citigroup Inc at the bank's annual meeting, including for a proposal to have a reverse share split.
Investors should urgently diversify the web of undersea cables that serve as the world's information and banking arteries to address soaring demand and piracy concerns and reduce the risk of catastrophic outages.
The stocks and bonds of investment bank Goldman Sachs , which reported stunningly strong quarterly earnings on Tuesday, have steadily fallen in price since U.S. regulators charged the bank with fraud last week, leaving many investors looking for new ways to trade the bank's securities.
The European Commission unveiled revised antitrust rules on Tuesday allowing luxury brand owners to block online retailers without a bricks-and-mortar shop from distributing their products.
U.S. stocks rose modestly on Tuesday as energy shares advanced on higher oil prices and bellwether companies reported quarterly results, although some fell short of expectations.
Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain's market watchdog launched its own probe.
Agreeing tough new bank capital rules must be top priority in global efforts to learn from the financial crisis, finance ministers from the G20 group of countries will be told later this week, sources said on Tuesday.
UnitedHealth Group Inc's first-quarter profit rose 21 percent, soaring past Wall Street estimates, as it benefited from improved performance in its employer-based plans and growth in its Medicare and Medicaid plans.
Thomson Reuters Corp launched a global, high-speed network on Tuesday for financial firms to access real-time data as well as share information with each other directly.
Target Corp is taking the Visa out of its proprietary credit card, issuing instead a Target Credit card to qualifying card applicants in a move it says should spur more sales, the discount retailer said on Tuesday.
Unsecured creditors of Lehman Brothers Holdings Inc are looking to probe Ernst & Young LLC to assess if the estate may have causes of action against the auditor arising out of Lehman's use of a the controversial accounting technique, Repo 105.
State Street Corp , one of the world's largest institutional investors, reported higher quarterly earnings and said unrealized losses in its investment portfolio shrank.
Britain launched a probe into alleged fraud by Goldman Sachs four days after the United States shocked markets by accusing Wall Street's most powerful investment bank of duping clients.
Corrects to say Liberal Democrats are UK's third-largest party in paragraph 6, not the main opposition party
Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.
Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.
Wall Street was set to open slightly higher on Tuesday as a wave of companies reported good earnings, but the dearth of blockbuster results threatened to cool off a recent rally.
Goldman Sachs Group Inc said first-quarter earnings nearly doubled, and Britain's financial regulator launched a formal probe related to civil fraud allegations against the Wall Street bank.
A December cyberattack on Google Inc computers hit the company's password system that millions of people worldwide use to access almost all of the company's Web services, The New York Times said, citing a person with direct knowledge of the investigation.
Twitter and Facebook are the bane of many bosses, but a new survey has found that employees at Microsoft Corp are the most social media-savvy in the world.
U.S. stock index futures rose on Tuesday on a wave of strong earnings reports, including Goldman Sachs and UnitedHealth, and on expectations of good results from other bellwethers including Apple.
Britain's financial regulator started a formal enforcement investigation into Goldman Sachs on Tuesday, four days after U.S. regulators filed a fraud case against Wall Street's biggest investment bank.
What should you NOT do in an interview? A poll into interview blunders found that when hiring managers were asked to name the most common and damaging interview mistakes a candidate can make
