2010-07-30 04:02:06
Economic growth seen slower in Q2 on imports.
WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday.
WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday.
+ More
2010-07-30 01:46:19
Citigroup to pay $75 million to settle SEC charges.
NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
+ More
2010-07-30 00:35:41
Samsung Elec posts record Q2 on strong chip sales.
SEOUL (Reuters) - Samsung Electronics Co, the world's top maker of memory chips and flat screen TVs, reported a record quarterly profit on Friday, aided by strong sales of both of its key products.
SEOUL (Reuters) - Samsung Electronics Co, the world's top maker of memory chips and flat screen TVs, reported a record quarterly profit on Friday, aided by strong sales of both of its key products.
+ More
2010-07-30 00:00:19
Fed officials clash on need for more stimulus.
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.
+ More
2010-07-29 23:52:47
SEC charges Wyly brothers with $550 million fraud.
NEW YORK (Reuters) - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
NEW YORK (Reuters) - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
+ More
2010-07-29 23:04:45
Global body proposes rule to end insurer "black box".
LONDON (Reuters) - A global accounting standard setter proposed a new rule for insurers on Friday, aiming to shine a light on a sector criticized by investors for being a "black box" that keeps them in the dark.
LONDON (Reuters) - A global accounting standard setter proposed a new rule for insurers on Friday, aiming to shine a light on a sector criticized by investors for being a "black box" that keeps them in the dark.
+ More
2010-07-29 22:43:10
MetLife posts Q2 earnings of $1.5 billion, beating Street.
NEW YORK (Reuters) - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.
NEW YORK (Reuters) - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.
+ More
2010-07-29 22:12:48
BNP hires ex BofA executive Innes for equity sales.
NEW YORK (Reuters) - BNP Paribas SA has hired former Bank of America Corp executive Chris Innes to head equity sales for the Americas in New York, a person familiar with the matter said.
NEW YORK (Reuters) - BNP Paribas SA has hired former Bank of America Corp executive Chris Innes to head equity sales for the Americas in New York, a person familiar with the matter said.
+ More
2010-07-29 21:06:55
Wall St falls on tech outlook worries.
NEW YORK (Reuters) - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
NEW YORK (Reuters) - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
+ More
2010-07-29 20:41:27
Colgate, Glaxo sue over toothpaste "nurdle".
NEW YORK (Reuters) - Two lawsuits have been filed over a gob of toothpaste.
NEW YORK (Reuters) - Two lawsuits have been filed over a gob of toothpaste.
+ More
