News Alerts
BankUnited small business loan volume more than quintuples (Jun-16, 10:08 EDT )-- By Zachary S. Fagenson BankUnited, reporting its small business loan volume for the first time since a May 2009 buyout by a consortium of private-equity firms, held about $340 million in small business loans at the end of this year's first quarter.
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BP’s Decision Helps Steady Market (Jun-16, 15:33 EDT )-- Shares steadied after BP’s agreement to put $20 billion into a fund for victims of the oil spill eased some uncertainty about the company.
E.U. Faces Shortages of Key Minerals (Jun-16, 15:31 EDT )-- The European Union is facing shortages of 14 “critical†raw materials needed for mobile phones and emerging technologies, a study found.
At World Cup, Publicity Money Can't Buy (Jun-16, 15:28 EDT )-- The arrests of two women for “ambush marketing†demonstrate the lengths to which FIFA will go to protect sponsors of the World Cup.
Phone Smart: 2 Apps Let iPad Users Perform Actual Work (Jun-16, 15:24 EDT )-- Documents To Go and Quickoffice Connect Mobile Suite will not replace a laptop, but will allow iPad users to work away from the office.
U.S. Adds New Sanctions Aimed At Iran's Nukes (Jun-16, 15:10 EDT )-- Treasury Secretary Timothy Geithner said the new U.S. penalties were aimed at those helping Iran develop its nuclear and missile programs and evade international sanctions. The administration's announcement is the first step in implementing an Iran...
Apple, AT&T See Record Demand For iPhones (Jun-16, 15:10 EDT )-- Apple said it and AT&T took orders for more than 600,000 iPhone 4s in one day, the highest number it's ever seen. The companies stopped taking orders for shipment by the June 24 launch day in the U.S.
22 Percent of Internet Time Is Social, Nielsen Says (Jun-16, 15:07 EDT )-- According to statistics from Nielsen, a market research firm, people are now spending 22 percent of their online time on social Web sites or blogs.
Your Money: Dividends Like BP’s Look Safe, Until They’re Not (Jun-16, 15:05 EDT )-- For investors, the moral of the BP story is clear: diversify. Not only into other stocks, but also into other sources of income, like annuities, interest and even asset sales.
BP Agrees to Create Fund to Pay for Spill (Jun-16, 15:03 EDT )-- BP agreed to create a $20 billion escrow account and announced that it would suspend its dividend for the remainder of the year.
On Lying About Your Salary in Job Interviews (Jun-16, 14:25 EDT )-- A recent Daily Worth writer said she inflated her current salary when applying for a job and then asked for more from the new employer. Is this ethical?
Emboldened Chinese Workers Press For Change (Jun-16, 14:25 EDT )-- A new generation of young workers is manning China's factories. More informed than their parents about their legal rights, some of them aren't happy with the pay and working conditions, and they've responded with strikes, protests and even suicides....
White House: BP Will Pay $20B Into Gulf Spill Fund (Jun-16, 14:24 EDT )-- At the White House, the president and the oil company's top executives reached an agreement on the escrow fund the administration demanded to compensate victims of the Gulf Coast spill.
Putting a Private Detective in Your Laptop (Jun-16, 14:20 EDT )-- A number of good programs can locate a stolen computer through Internet information, monitor e-mail and even photograph an illegal user.
BP Agrees To Suspend Quarterly Dividend (Jun-16, 14:19 EDT )-- The chairman of BP's board said the oil company will suspend its $2.6 billion quarterly dividend as part of its commitments to compensate victims of the Gulf oil spill. BP Chairman Carl-Henric Svanberg made the announcement after meeting with President...
Autoworkers Union Electing New Leaders (Jun-16, 14:00 EDT )-- The UAW is electing new leaders in Detroit this week. Retiring President Ron Gettelfinger guided the union through the recent auto industry crisis, making major concessions to struggling U.S. automakers. Some UAW members think that Gettelfinger gave up...
Executive Accused of Stealing TARP Money (Jun-16, 12:40 EDT )-- The government says Lee Bentley Farkas schemed to steal $553 million in federal bailout assistance.
How Much Will BP Really Pay? (Jun-16, 12:00 EDT )-- How does the public ensure that it doesn't end up paying for costs of the spill 20 or 30 years out?
Swiss Lawmakers Delay Decision on UBS Tax Case (Jun-16, 11:54 EDT )-- The parliament’s lower house voted for a referendum on a deal between Switzerland and the U.S. on the disclosure of American-held accounts.
Apple Gets More Than 600,000 Orders for iPhone 4 (Jun-16, 11:37 EDT )-- AT&T said presale orders for the iPhone 4 were 10 times higher than they were for the previous version of the iPhone.
Dell May Hold Road Map for Goldman and S.E.C. (Jun-16, 11:21 EDT )-- White Collar Watch examines how Dell's proposed settlement of an accounting case with the Securities and Exchange Commission may provide a guide for Goldman Sachs to settle its civil fraud case.
Mortgage Company Chief Indicted In TARP Scheme (Jun-16, 10:53 EDT )-- A federal grand jury has indicted the head of what was once among the largest privately held mortgage lending companies for allegedly scheming to steal over half a billion dollars from the government's Troubled Assets Relief Program.
The Bailout Of Fannie And Freddie Has Cost $145 Billion So Far. What's Next? (Jun-16, 10:50 EDT )-- The two companies will be delisted from the New York Stock Exchange. Their future remains unclear.
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