What kind of boss will Robert McDonald be? Here’s what to watch to find out.
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The California Public Employees’ Retirement System is suing the three leading credit rating agencies over potential losses of more than $1bn related to structured investments that were rated AAA but contained risky mortgage debt
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Treasury refuses to extend aid, making bankruptcy likely. How badly will its failure hurt corporate borrowers?
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The automakers are toast, but can a motorcycle company surprise?
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China’s economy gathered momentum in the second quarter thanks to massive fiscal and monetary stimulus, leaving the government’s full-year growth target of 8 per cent within reach
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Central bank predicts the economy will bounce back in 2010 and 2011, but some policymakers expect jobless rate to remain elevated.
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Earnings Thursday may be off, but likely to humble all rivals.
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Regional banks in the West will disappoint on earnings, says one analyst.
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A high-ranking lawmaker called on Bank of America chief Ken Lewis to pay the federal government for the right to exit an insurance programme that back-stopped $118bn in toxic assets, even though Mr Lewis told investors two months ago that the programme was no longer needed.
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A new government investigative panel charged with getting to the bottom of what caused the financial crisis was assembled on Wednesday, and its chairman vowed to begin work soon.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/LVfWYTujQOw” height=”1″ width=”1″/
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The pay and bonuses of high-flying City traders and dealmakers will have to be publicly disclosed under a Treasury-backed plan to curb excessive and risky remuneration
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The former-Treasury Secretary said that he treatened BofA CEO Ken Lewis not to pull out of Merrill acquisition.
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Citigroup is close to a secret agreement with one of its main regulators that will increase scrutiny of the US bank and force it to fix financial, managerial and governance issues
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Internet start-up falls foul of potential security weakness at heart of internet-based software as internal documents were taken from an employee’s Google Apps account
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These funds stand out–either for good or bad–from the rest of the pack.
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CIT faced the prospect of a bankruptcy filing or other restructuring as hopes of a government-led rescue plan for the troubled US middle-market lender were dashed
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The government appears poised to come to the aid of struggling small business lender CIT Group.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/-fElyZQtqT8″ height=”1″ width=”1″/
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These funds stand out–either for good or bad–from the rest of the pack.
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A market is set to emerge this week in Californian IOUs as the persistence of the state’s budget crisis is making it increasingly difficult to exchange these emergency instruments for cash
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These funds stand out–either for good or bad–from the rest of the pack.
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Cash-starved small business lender CIT Group said Wednesday evening that it has been told it won’t be getting a government bailout anytime soon.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/-fElyZQtqT8″ height=”1″ width=”1″/
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The private electricity generator’s share offer will raise at least Rs22bn, and comes as the government is planning to divest stakes in state-run companies
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The families who co-own the sports car maker are working on a package of measures to reduce its net debt of more than €10bn ‘as completely as possible’
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These funds stand out–either for good or bad–from the rest of the pack.
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The Obama administration is set to unveil draft legislation that will require all US hedge funds with more than $30m in assets under management to register with the Securities and Exchange Commission.
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