Barclays Plc. (BCS) chief executive Bob Diamond has fired as many as 30 bankers for violating his newly imposed "no-jerk" rule and acting in a way that embarrasses the company.
Dennis Varni remembers buying his first car, a 1931 Ford Model A, more than a half century ago when he was 14.
Dennis Varni remembers buying his first car, a 1931 Ford Model A, more than a half century ago when he was 14. It cost him $45 and to amass that princely sum, he picked fruit, hawked his model train set and even sold the clothes off his back.
As unprecedented conditions continue to buffet the U.S. equities, and investors pull tens of billions out, investment managers are increasingly counseling their clients on what could be the most basic of stock market strategies: put your cash in mature high-dividend shares of mature companies, and stop fussing.
European shares posted their biggest fall in three weeks on Monday, as investors worried the measures outlined at last week's EU summit to strengthen budget discipline would be of only limited value in resolving the Eurozone debt crisis.
Spain's pre-historic burial chambers have survived invasion, war, a long dictatorship and a property bubble which paved over vast tracts of the country.
With European Union leaders implementing measures to stabilize government finances at a Galacial pace, what represents the best asset class in the event of a government default by Italy?
It has been an interesting past week for Lindsay Lohan: her Playboy photos were leaked, her Playboy interview was leaked, and she had her purse stolen in Hawaii, only to see it returned missing $10,000.
By appointing Valdes, Humala may be seeking to impose a more authoritarian-style government in Peru.
A wildly-colored gecko, a fish that looks like a gherkin, and a monkey with an Elvis-like hairstyle are among the more than 200 new species discovered in the Greater Mekong region last year, environmental group WWF said on Monday.
Brocade Communications Systems Inc. (NASDAQ:BRCD) could come in to spotlight after Blue Coat Systems Inc. (NASDAQ:BCSI) said Friday it has agreed to be acquired by an investor group led by San Francisco-based private equity investment firm Thoma Bravo, LLC, for about $1.3 billion.
India's industrial output fell for the first time in more than two years in October as waning consumer demand took a toll, adding pressure on the Reserve Bank of India (RBI) to ease monetary or liquidity conditions, possibly as soon as Friday.
The top after-market NASDAQ Stock Market gainers are: Savient Pharmaceuticals, SIGA Technologies, PDI, Apollo Group and Arena Pharmaceuticals. The top after-market NASDAQ Stock Market losers are: Pacific Biosciences of California, Primoris Services, Scientific Games, Complete Genomics and Integrated Device Technology.
The whistleblower in Japan's Olympus Corp scandal, former chief executive Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday.
Boeing Co.'s recent expansion of the Everett, Wash., Delivery Center is considered a major investment in a hub for commercial airplane delivery.
Olympus said it was preparing to file its July-September earnings by Wednesday, a necessary step for the disgraced 92-year-old firm to remain listed.
The defense budget is shrinking, but General Dynamics Corp still sees growing demand for its combat vehicles and warships, coupled with unprecedented opportunities to sell its popular Gulfstream business jets in China and other emerging markets.
On top of euro-zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely.
Blue Coat Systems Inc., a maker of equipment that secures, monitors, and speeds Internet traffic, has agreed to be taken private for $1.1 billion in a deal that throws a lifeline to a company beset by falling sales and a U.S. government probe into use of its products by Syria.
Several of the richest men in America this week came out in favor of higher taxes for the wealthy, if perhaps grudgingly and with caveats. The idea of billionaires accepting that they need to give up more of what they earn to the government has been slowly worming itself into the American political discourse.
Hewlett Packard Co has decided to open its webOS mobile operating system to developers and companies, potentially taking on Google Inc's free Android platform that is popular with handset makers.
As a former MF Global Holdings Ltd. CEO prepared to testify last week before a U.S. congressional committee about missing customer money, one independent broker attempted to restore customer confidence in the futures market by publishing exactly where it is holding its clients' collateral.
