RSS Feed Alerts
Goldman Settles With S.E.C. for $550 Million (Jul-15, 15:52 EDT )-- Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission over a securities fraud case involving a mortgage-linked security.
BP Faces New Scrutiny in Lockerbie Case (Jul-15, 15:49 EDT )-- The oil company said Thursday it had lobbied to get Abdel Basset Ali al-Megrahi, center, transferred to Libya in 2009 to safeguard a $900 million deal.
Google’s Net Income Rises 24% in Quarter (Jul-15, 15:49 EDT )-- The company’s financial results continue to impress, but investors are waiting for the search giant’s second act.
FriendFinder Makes $210 Million Offer for Playboy (Jul-15, 15:47 EDT )-- FriendFinder Networks, the owner of Penthouse magazine, said on Thursday that it has offered $210 million for Playboy Enterprises, seeking to top a preliminary take-private offer by Hugh M. Hefner.
Goldman To Pay $550M To Settle Civil Fraud Charges (Jul-15, 15:44 EDT )-- Goldman Sachs & Co. has agreed to pay $550 million to settle civil fraud charges that accused the Wall Street giant of misleading buyers of mortgage-related investments. The deal calls for Goldman to pay the Securities and Exchange Commission fines of ...
Congress Sends Financial Overhaul Bill to Obama (Jul-15, 15:35 EDT )-- The landmark legislation, which President Obama plans to sign next week, marks the end of an era of deregulation and will have uncertain political and policy implications.
Shares Struggle on Weak Manufacturing Data (Jul-15, 15:09 EDT )-- Though JP Morgan Chase reported strong results, they failed to ease concerns that the recovery was uneven.
Advertising: Get Clean. Smell Good. It’s Not Unmanly. (Jul-15, 15:01 EDT )-- Using creative videos, Old Spice aggressively markets to women shower gel made for men. But will real men abandon bar soap for body wash?
Seniors Outnumber Teenagers in Job Force (Jul-15, 12:58 EDT )-- The flip is due to demographic changes, an evolving pension system and of course, the Great Recession.
Obama Nominees Express Support of Fed’s Expanded Duties (Jul-15, 12:20 EDT )-- Three nominees to the central bank’s board told a Senate hearing that they supported ensuring financial stability and tightening oversight of the nation’s biggest financial institutions.
Carlyle to Buy NBTY, a Vitamin Maker (Jul-15, 12:02 EDT )-- The Carlyle Group agreed on Thursday to buy NBTY, a maker of vitamins and nutritional supplements, for $3.8 billion in cash, in one of the largest leveraged buyouts of the year.
BP Restarts Testing On Cap, Monitors Pressure (Jul-15, 12:00 EDT )-- The latest cap is only a stopgap measure, designed to capture the oil until a relief well is completed by mid-August, and BP can plug the well permanently. BP engineers are monitoring the pressure in the pipe to make sure the well isn't leaking below...
Five Robots to Watch (Jul-15, 10:52 EDT )-- Five videos of amazing robots.
Senate Sends Financial Overhaul To Obama (Jul-15, 10:45 EDT )-- The Senate approved a sweeping bank regulation bill, sending President Obama a crackdown on banks and Wall Street that in some ways is tougher than what he sought. The 2,300-page bill, which passed by a vote of 60-39, aims to rein in big banks and...
New York City Revs Up for Plug-Ins (Jul-15, 10:09 EDT )-- New York City unveiled the first of about 100 electric vehicle charging stations to be installed under a broad national program that aims to have nine metropolitan regions ready when automakers begin rolling out some electric vehicles later this year.
The New Republic: Is The Drilling Moratorium Bad? (Jul-15, 06:10 EDT )-- The logic behind a moratorium on deepwater drilling seems sound enough, yet such a moratorium will cost thousands of jobs. Bradford Plumer of The New Republic wonders if is it possible to balance these two concerns and improve safety without putting a...
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