Business Headlines
Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented overall profitability.
NYSE Euronext on Friday said costs related to its collapsed merger with German stock market Deutsche Boerse caused a slump in fourth quarter earnings.
French oil company Total SA forecast higher production this year while revealing Friday that higher oil prices helped it post a 12.8 percent rise in fourth quarter profits despite a drop in output.
The push by Afghanistan's president to nationalize legions of private security guards before the end of March is encouraging corruption and jeopardizing multibillion-dollar aid projects, according to companies trying to make the switch.
A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.
China's trade suffered its biggest decline in January since the 2008 crisis - a new sign of weak global demand and a slowing domestic economy.
Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.
The Commodity Futures Trading Commission is looking at high-frequency traders to gauge their importance in the markets and consider possible new rules for them.
In what's shaping up to be a strong Valentine's weekend at the nation's theaters, four heartfelt newcomers are hoping to feel the love from smitten audiences.
Total U.S. money market mutual fund assets fell $820 million to $2.657 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
In game six of the 2004 American League Championship Series, Boston Red Sox pitcher Curt Schilling beat the New York Yankees despite playing on an injured ankle - one that bled so badly that Schilling's victory became known as the "bloody sock" game. It's the stuff of baseball legend.
Intel Corp. is paying $6.5 million as part of a deal to terminate an antitrust lawsuit filed against the chip-maker by the New York attorney general's office.
Just hours after Greece gave in to painful new job and spending cuts, European ministers declared Thursday that Athens didn't go far enough and demanded more within a week in exchange for a euro130 billion ($170 billion) bailout to stave off bankruptcy.
A fight is breaking out between the money-market mutual fund industry and federal regulators. Whatever the outcome, investors will question whether they can continue to rely on money funds as a safe place to keep cash readily accessible.
The Securities and Exchange Commission is drafting proposals to further strengthen money-market mutual funds, two years after it approved an initial set of new rules in the wake of the financial crisis.
FBI background interviews of some people who knew Apple co-founder Steve Jobs reveal a man driven by power and alienating some of the people who worked with him.
