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E*Trade says economy hampered option to sell

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E*Trade Financial Corp's chief financial officer said on Wednesday that the deteriorating economic environment spurred by Europe's debt crisis was a key reason behind the No. 3 online brokerage's decision not to put itself up for sale after its recent strategic review.
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Goldman CEO Can Testify in Insider Case: Judge

Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein may be asked to testify in a market regulator's insider-trading case against a former director of the Wall Street bank, a judge ruled.
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The Empire State Building sits between the Bank of America building and the Chrysler Building at sunset in New York

Empire State Building Owners Plan to Form Public Company

The Malkin family, the New York landlords who own the Empire State Building, plan to file to become a publicly traded real estate investment trust (REIT) in around three months, it said in a Securities and Exchange Commission filing.
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Judge blocks Citigroup-SEC settlement

A federal judge angrily threw out Citigroup Inc's proposed $285 million settlement over the sale of toxic mortgage debt, excoriating the top U.S. market regulator over how it reaches corporate fraud settlements.
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Glenn Close wore many hats for passion project Nobbs

Almost three decades after she first played her onstage, Glenn Close has brought to the screen the strange and compelling character of Albert Nobbs, a woman in 19th-century Dublin who lives as a man to escape a traumatic past and hang onto her job as a waiter in precarious times.
A street sign on Wall Street outside the New York Stock Exchange in New York

Banks Benefited From Nearly $8 Trillion Bailout

While big U.S. banks assured investors they were financially healthy during the financial crisis, they also quietly approached the Federal Reserve for more bailout money. As of March 2009, the Fed committed $7.77 trillion to rescue the financial system, which is more than half the value of everything produced in the U.S. that year. The amount dwarfed the Treasury Department's better-known $700 billion Troubled Asset Relief Program, or TARP.
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Nexon Pushes Ahead with IPO as Hacking Impact Looms

Online gaming firm Nexon Co said on Monday it would raise up to 98 billion yen ($1.3 billion) in an initial public offering this month, pushing ahead with its planned listing even as a massive hacking attack threatens to dampen excitement for the stock.
Jon Corzine, then chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York

Jon Corzine Expected to Testify at House Hearing: Source

Former MF Global Holdings Ltd. CEO Jon Corzine is expected to testify at a U.S. congressional hearing next month, a committee aide said on Friday, tamping down speculation that the former head of the bankrupt brokerage would decline to take part.
Groupon CEO Andrew Mason

Groupon Shares Down Once Again Friday

Shares of the Chicago-based daily deals site fell once again Friday, closing down 0.88 percent to $16.81. Shares fell as low as $16.20 earlier in the day before the price went up near market close.
Occupy Tokyo

Occupy Tokyo Grows out of OWS into Unique Mass Movement

Occupy Tokyo is one of East Asia's most significant outgrowths of the Occupy Wall Street movement that has swept the world over the past two months, but most media sources have ignored it. Growing out of outrage over the Japanese government's handling of severe damage to the Fukushima nuclear plant in March, it has become a major force in the East Asian nation.
Yahoo! Inc. (NASDAQ: YHOO)

Will Microsoft Renew Its Bid for Yahoo?

Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.
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Fed to Test Six Big Banks for Euro Stress

The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.
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Judge OKs bankruptcy trustee for MF Global

A judge approved the appointment of a bankruptcy trustee for MF Global Holdings Ltd , wresting control of the remains of the futures brokerage once run by Jon Corzine from its current management.
Singer Lady Gaga carries a pair of scissors during a ribbon cutting ceremony to launch Gaga's Workshop at Barneys department store in New York November 21, 2011.

US Chains Brace for Season of Holiday Discounts

U.S. retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else.

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