RSS Feed Alerts
Payback Time: For Denver Schools, a Financing Deal Takes a Bad Turn (Aug-5, 21:17 EDT )-- Denver is now confronted with budgetary woes aggravated by esoteric financial deals that Wall Street peddled in the years before the credit crisis.
F.C.C. Chief Opposes Fees for Internet Priority (Aug-5, 21:17 EDT )-- The comments were in response to reports that Google and Verizon were near a deal for faster service.
BP Done Pumping Cement Into Well (Aug-5, 21:17 EDT )-- The cement job was completed earlier than expected, a major step in permanently bringing the well under control.
Romer, a Top Economic Adviser to Obama, Is Stepping Down (Aug-5, 21:14 EDT )-- Christina Romer, head of the Council of Economic Advisers, is the second member to leave this summer.
Wall St. Faces Prospect of Separating Trading Units (Aug-5, 21:10 EDT )-- Investment banks like Goldman Sachs are considering how to comply with new rules from Washington governing their trading and investments.
G.M. Pushes for U.S. to Sell Entire Stake at I.P.O. (Aug-5, 21:10 EDT )-- The chief executive of General Motors said he wanted Washington to sell its entire stake to help shed the stigma of being government owned.
High & Low Finance: Banks Resist Vouching for Their Mortgage Securities (Aug-5, 21:10 EDT )-- Wall Street banks that put together mortgage securities are resisting changes that might convince investors they are safe.
Cablevision Profit Falls 30%, Despite Customer Gains (Aug-5, 20:30 EDT )-- A loss related to paying down debt offset revenue gains as more people signed up for its video, Internet and phone services.
Obama Economic Aide Christina Romer Resigning (Aug-5, 20:01 EDT )-- Romer, the head of the Council of Economic Advisers, will return to her job as a professor of economics at the University of California, Berkeley. The White House cast the decision as an unsurprising one driven by family reasons.
Fannie Mae Seeks $1.5B In Aid After 2Q Loss (Aug-5, 18:44 EDT )-- Fannie Mae is asking for less money from the government, a sign that the cost to taxpayers for bailing out the mortgage giant could be billions lower than once thought.
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