Business and Finance News
 Fragile nations worry Moodys
Indianapolis News.Net
A report from Moody's Investors Service has warned that the global economic recovery remains fragile, even in some of the largest economies.
 Lehman executives might see courtroom
Indianapolis News.Net
A court-appointed examiner in the US has released a document on the collapse of the Lehman Brothers investment bank, suggesting some former executives could face criminal charges.
Key Provisions Of Wall Street Regulation Bill
Sign on San Diego
Monday, March 15, 2010 at 1:28 p.m. Key provisions of financial regulation legislation proposed by Senate Banking Committee Chairman Chris Dodd: - A nine-member Financial Stability Oversight C...
U.k. Regulator Probes Lehman's Repo Accounting
MarketWatch
SAN FRANCISCO (MarketWatch) -- A U.K. regulator said Monday that it's investigating controversial "repo" transactions that were conducted by Lehman Brothers through its U.K. business. The Financi...
Futures Movers: Oil Slides Below $80 As Dollar Gains
MarketWatch
NEW YORK (MarketWatch) -- Oil futures closed below $80 a barrel on Monday, as concerns about the sovereign debt ratings of major economies cast a shadow on the outlook for demand and boosted the dolla...
Small Gains For Us Stocks
Earth Times
New York - Most US stocks rose modestly on Monday amid a late rally by the financial sector. Investors were reacting to the much-anticipated unveiling of proposals for financial regulation by Senator ...
Epa Studying Own Carbon-trading System, Official Says
Business Week
March 15 (Bloomberg) -- The Obama administration is considering a carbon-trading system under existing law if Congress doesn’t pass cap-and-trade legislation that allows companies to buy and sel...
Aon Unit Sues Marsh & Mclennan After Employees Quit
Business Week
March 15 (Bloomberg) -- A unit of Aon Corp., the world’s largest insurance broker, sued its closest rival, accusing Marsh & McLennan Cos. of seeking to steal trade secrets, poach clients and...
Key Provisions Of Wall Street Regulation Bill
The Seattle Times
Key provisions of financial regulation legislation proposed by Senate Banking Committee Chairman Chris Dodd: - A nine-member Financial Stability Oversight Council, chaired by the treasury secretary a...
Britain 'should Do More' To Cut Deficit
Sky News
EU executive is also expected to say the UK's medium term plans are not ambitious enough. It will publish an official report in two days' time - but a draft has been seen by the Reuters news agency. ...
Lehman Reportedly Files Plan To Repay Creditors
Fox Business
SAN FRANCISCO -- Lehman Brothers unveiled its plan to repay tens of thousands of creditors that are demanding about $875 billion from the failed investment bank, according to a Dow Jones Newswires re...
Geithner Backs 'strong' Dodd Banking Bill
Fox Business
WASHINGTON -- Treasury Secretary Timothy Geithner praised Sen. Chris Dodd's proposed banking bill on Monday, saying the Obama administration would "fight against efforts to weaken" what he called a s...
Smucker Sells Hungry Jack Potato Products
Fox Business
SAN FRANCISCO -- J.M. Smucker Co. announced late Monday it has sold its Hungry Jack brand potato products and Idaho Spuds branded potatoes to privately held Basic American Foods. The sale does not in...
Limited Plans $1 A Share Special Dividend
Fox Business
SAN FRANCISCO -- Limited Brands said late Monday that its board approved a special dividend of $1 a share. The dividend will be paid on April 19 to shareholders of record on April 5. The board also a...
General Mills Shareholders To Have More Say On Pay
Fox Business
SAN FRANCISCO -- General Mills said late Monday that its shareholders will have an "advisory" vote on executive compensation every other year. "This plan responds directly to investors' interest in '...
British Air Strike Affects Up To 40% Of Customers
Fox Business
SAN FRANCISCO -- British Airways said Monday that up to 40% of its customers will be affected by a strike scheduled for this weekend. "The schedule aims to fly around 45,000 customers each day on Mar...
Toyota: Analysis Doesn't Match Calif Prius Incident
Fox Business
DOW JONES NEWSWIRES Toyota Motor Corp. (TM, 7203.TO) said there are "strong indications" that a dramatic incident on a California highway involving a Prius last week was inconsistent with the finding...
Stocks Finish Mostly Up; Dow Extends Winning Run
Fox Business
NEW YORK -- U.S. stocks tilted higher at Monday's close after a late-session reversal had gains in consumer-related shares offsetting declines in the energy sector. Up for a fifth consecutive session...
Credit Card Data Evidence Of Consumer Rebound
Reuters
NEW YORK (Reuters) - Credit card delinquency rates slipped or held firm at most major U.S. lenders last month, showing fewer Americans are falling behind on bills, and providing some evidence that the...
President Would Tap Ny Fed Chief Under Dodd Bill
Reuters
NEW YORK (Reuters) - The New York Federal Reserve Bank's president would become a political appointee and bank chiefs like JPMorgan Chase's Jamie Dimon could no longer sit on the board of their regula...
Mackenzie Valley Gas Pipeline Delayed Again
Financial Post
The line would ship as much as 1.2 billion cubic feet of gas a day to southern markets from fields in the Mackenzie Delta region on the coast of the Beaufort Sea.
Swaps Jump As Rate Hike Speculation Grows
Financial Post
Investors are betting Bank of Canada governor Mark Carney will move earlier than previously thought to raise borrowing costs, pushing rates on derivatives linked to monetary policy to the highest leve...
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