Finance Info Blog

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Oilfield Activity May Be Rebounding

Rig count rises slightly on upturn in oil prices, but natural gas drilling continues to fall.
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Coolest Massively Multiplayer Games

A crop of videogames that let people play online together are getting ready to launch.
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New Orleans: Fastest growing city

The Big Easy is making a big comeback. New Orleans has steadily won back some of the population it lost in the wake of Hurricane Katrina in 2005, according to a government report released Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/zseBQp63ItM” height=”1″ width=”1″/
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Pipe Dreams

Why Houston billionaire Dan Duncan is creating the country’s biggest oil and gas pipeline company.
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Street Starts Q3

The best three-month stretch in years is in the books, but investors want proof of an economic recovery.
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Obama’s Top Five Health Care Lies

TonySopranoCare.
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What’s North Dakota’s Secret?

Under Gov. John Hoeven, the state has strong growth, the lowest jobless rate in the nation–even a budget surplus.
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US steps up legal fight on UBS clients

The Department of Justice says in a court filing that the Swiss bank should be ordered to comply with an IRS summons for the identity of 52,000 offshore accounts
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Smarter Phone Charger On Way

Wireless association says European plan will speed arrival of universal cellphone charger
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Asian business outlook improving

Japanese business confidence pulled back from a record low hit three months ago, the Bank of Japan’s Tankan survey showed, as the latest indices from around Asia continued to show a gradual recovery in economic activities
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China in internet filtering climbdown

China has agreed to delay implementation of its policy to have all new computers in the country equipped with a controversial internet filtering software, averting the threat that PC makers not complying by Wednesday would face fines
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All 10 S&P sectors posted second quarter gains.
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No time for Ahmadi-Nejad to relax

Having all but put down a popular uprising in support of Mir Hossein Moussavi, the Iranian regime will not – and should not – relax. Tehran may have declared the election crisis over. But it is not
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The veteran banker, who stepped down from being chairman of Citigroup in February, has been asked to steer Lloyds Banking Group through the process of integrating HBOS
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_markets/~4/ivTKoG63xck” height=”1″ width=”1″/
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Legg Mason’s Cautious Forecast

Last year, Legg Mason correctly predicted the rally. Now its managers advise caution.
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M Stanley and MUFG in joint push

Morgan Stanley is joining forces with Japan’s Mitsubishi UFJ Financial Group in a US corporate lending venture that will give the Wall Street bank extra firepower to compete with rivals such as Citigroup and JPMorgan Chase
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M Stanley and MUFG in $100bn push

Morgan Stanley is joining forces with Japan’s Mitsubishi UFJ Financial Group in a US corporate lending venture that will give the Wall Street bank extra firepower to compete with rivals such as Citigroup and JPMorgan Chase
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Battle lines over Obama consumer agency

In the debate over how to prevent the next financial crisis, the first fight has already erupted — and it’s over a proposal to create a new agency to protect consumers.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/MGpO9hbtnHo” height=”1″ width=”1″/
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Stanford ordered to remain in jail

Sir Allen Stanford, the Texan billionaire, was ordered to stay behind bars as he awaited trial on charges of being involved in a $7bn Ponzi scheme and buying the cooperation of a senior Caribbean regulator
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Biogen options action points to further near-term price declines.
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Citi raises card rates on millions

Citigroup has sharply increased interest rates on up to 15m US credit card accounts just months before curbs on such rises come into effect, in a move that could fuel political anger at the treatment of consumers by bailed-out banks
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China puts web censorship plans on hold

Abrupt retreat by Beijing hours before policy for software was due to start
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Kroes sees Lloyds and RBS asset sales

RBS was ‘highly dangerous’ to Europe’s single market and too complex to understand, Neelie Kroes, EU competition commissioner, warned as she stressed the need for significant asset sales there and at Lloyds
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President Barack Obama received a widely-anticipated shot in the arm when the Minnesota Supreme Court declared Al Franken, the former “Saturday Night Live” comedy star, the winner of last November’s election for the state’s Senate seat
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