Wall Street Bonuses Fell 25% in 2011 -- NYC Monitor
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry had anticipated, though still likely to deal a blow to the economies of New York City and New York state.
AT&T, CWA in tentative contract for about 9,000 workers
AT&T Inc is in a tentative labor contract with the Communications Workers of America covering roughly 9,000 workers in five states, according to the company and the union.
Wall St's bonuses fell 25 pct in 2011 -NYC monitor
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry had anticipated, though still likely to deal a blow to the economies of New York City and New York state.
Wall Street's bonuses fell 25 percent in 2011: NYC monitor
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry has anticipated, though still likely to deliver a blow to the economies of New York City and New York state.
Porn domain on Internet touches alarm buttons
Within three months of the launch of the Internet pornography domain .xxx, 10 cases have been launched against Web pirates registering sites on it using the names of reputable companies and people, insiders said on Monday.
Wall Street slips as China trims growth target
Stocks fell on Monday for the second straight session and the third in the last four trading days, led lower by basic materials shares after China trimmed its growth target for 2012.
Swiss lawmakers vote to accept U.S. tax plan
Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts.
Dallas Fed Chief Opposes More Easing, Cites Recovery
Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday.
Fed's Fisher says more bond buys risky
Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday.
Service sector expands at fastest pace in year
The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and as the housing market shows signs of stabilizing.
Client Exodus Likely to Push BlackBerry Fees Down
Research In Motion will be forced to slash the fees it charges carriers for BlackBerry service this year, an analyst said on Monday as another U.S. government customer edged away from the service, cutting into a pillar of the struggling smartphone company's business model.
Client exodus to push BlackBerry fees down: analyst
Research In Motion will be forced to slash the fees it charges carriers for BlackBerry service this year, an analyst said on Monday as another U.S. government customer edged away from the service, cutting into a pillar of the struggling smartphone company's business model.
El Paso delays vote on Kinder Morgan deal
El Paso Corp delayed a shareholder meeting for voting on the pipeline company's roughly $23 billion acquisition by rival Kinder Morgan Inc to give investors more time to consider a judge's ruling that criticized some of the deal's participants.
Greece pulls out from EU anti-piracy force due to crisis
Greece has recalled its warship from the European Union's anti-piracy task force in the Indian Ocean to save money as it struggles to meet fiscal targets set by international lenders in return for a bailout package.
Senator Schumer asks FTC to probe Apple, Android
A U.S. senator has urged the Federal Trade Commission to investigate reports that applications on the Apple Inc and Google Inc mobile systems steal private photos and contacts and post them online without consent.
Fed's Fisher: More bond buys risky, unlikely
Only a dire situation would call for the Federal Reserve to buy more assets, and that is unlikely given the better-looking economic data, a top central bank official said on Monday.
Wall Street falls as China cuts growth target
The basic materials and energy sectors led stocks lower on Monday after China, the world's second-largest economy, cut its growth target for 2012.
Patent filings at record high, China UP 33%: WIPO
International filings for patent protection, a key indicator of technological innovation in major economies, hit an all-time record last year driven by growth in China and other middle- income countries, a United Nations agency said on Monday.
Judge refuses to dismiss Madoff-NY Mets case
The owners of the New York Mets baseball team on Monday lost their bid to end a $386 million lawsuit brought by the trustee seeking money for victims of Bernard Madoff's fraud.
IRS software glitch delays some tax refunds
The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.
Wall Street drops after China cuts its growth target
Stocks fell on Monday, dragged lower by the basic materials and energy sectors after China, the world's second-largest economy, cut its growth target for 2012.
Lawmakers urge regulatory crackdown on oil speculators
Democratic lawmakers called on the country's futures regulator to crack down on excessive speculation in oil markets as rising gasoline prices moves to the forefront of the election campaign.
Slowing China aids global economic rebalancing
China's acceptance of a slower rate of growth rattled markets on Monday, but it also shows that the gradual rebalancing of the global economy long sought by world leaders is on track.
Wall St drops after China cuts its growth target
Stocks fell on Monday, dragged lower by the basic materials and energy sectors after China, the world's second-largest economy, cut its growth target for 2012.
Yahoo preparing layoffs, could affect thousands: report
Yahoo Inc's new chief executive is preparing a significant restructuring of the Internet company, including layoffs that could cut thousands of employees from its payroll, according to a technology blog.
Instant view: February service sector highest level in a year
The pace of growth in the U.S. services sector unexpectedly picked up in February to its highest level in a year, according to an industry report released on Monday.
ECB to signal policy lull as debt storm calms
The European Central Bank is likely to signal on Thursday that it has done all it intends to do to fight the euro zone crisis, putting the onus back on governments after cutting interest rates and flooding the market with cash in recent months.
IIF steering committee members to take part in Greek bond swap
Major holders of Greek government debt said on Monday they will take part in a bond swap plan.
Wall Street extends losses; Apple hits Nasdaq
Stocks extended losses on Monday as data showing a decline in European private sector activity last month and a reduced target for China growth renewed concerns about the global economy, while a drop in Apple shares hit the Nasdaq.
Walgreen February sales hit by Express Scripts exit
Walgreen Co's comparable sales fell more than expected in February, the second month that the largest U.S. drugstore chain did not fill prescriptions for patients in the Express Scripts Inc pharmacy benefits network.