John D. Rockefeller figured out a long time ago that the most efficient way to transport liquid fuels long distances wasn’t on wheels but in pipelines. Today POET, the privately held Sioux Falls, S.D., company that is the country’s largest producer of ethanol, and Tulsa pipeline-builder Magellan Midstream Partners are poised to make the same [...]
Dear Annie: I have a very close friend who’s been out of work for almost a year now. He was my college roommate: I’ve known him for almost 20 years and, for about half that time, we worked at the same company. Then he got laid off. Last week one of my kids told me [...]
Living with an undersize, outdated kitchen? If so, a sledgehammer may feel like the only solution. But these days you’re probably not up for spending the $50,000 or more — maybe much more — it would cost to demolish the space and build a new state-of-the-art room from scratch.
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Failings by Lehman executives and its auditor led to the collapse of the bank which unleashed the worst of the financial crisis, according to a report by a U.S. bankruptcy court-appointed examiner.
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Global Markets Overview: Many analysts had suggested that once the S&P breached 1,150, as it did on Friday, that would reinvigorate traders and help push stocks higher
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A one-year probe into the collapse of Lehman Brothers found ‘credible evidence’ that top executives, including the former chief Dick Fuld, approved misleading financial statements and used an ‘accounting gimmick’ to flatter results
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It takes more than smarts. Here is an honest guide for assessing your ability to go big.
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Carlos Slim Helu thinks Latin America is poised for growth. That will be good for the poor–and for him.
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A one-year probe into the collapse of Lehman Brothers found ‘credible evidence’ that top executives, including the former chief Dick Fuld, approved misleading financial statements and used an ‘accounting gimmick’ to flatter results
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London has lost its crown as the pre-eminent home of banking and finance, as it tied for the first time with New York in the latest ranking of financial centres
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Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canada’s frozen tundra.
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A one-year probe into the collapse of Lehman Brothers found ‘credible evidence’ that top executives, including the former chief Dick Fuld, approved misleading financial statements and used an ‘accounting gimmick’ to flatter results
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With time running down, the Senate banking committee chief will introduce his own version of reform bill.
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Global Markets Overview: China reawakens fears over monetary tightening, US data boost stocks
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Chris Dodd, the Senate banking committee chairman, said that he would introduce a financial regulatory reform bill next week in a substantial move forward for one of President Barack Obama’s legislative priorities.
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Gordon Brown and Nicolas Sarkozy are to try to hammer out a compromise deal over European Union reforms that the US and UK believe could damage the hedge fund and private equity industries
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Pink Floyd won a legal battle Thursday against EMI that prevents the band’s long-time record label from selling individual songs online.
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Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all.
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The 661 axed auto dealers General Motors is offering to reinstate aren’t ready to pop the champagne just yet. They’re still waiting to find out about the terms they’ll have to meet to regain their franchises.
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Google’s $750m acquisition of mobile advertising company AdMob faces a potential challenge by regulators concerned about the search company’s expanding reach
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Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs.
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Pressure from US corporate governance activists is forcing companies to dismantle poison pill measures designed to protect them from unwanted takeover attention
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Appetite for risk points to oil traders’ renewed faith in the strength of their trading counterparties
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The Chicago Board Options Exchange, the last big member-owned exchange, filed an application with US regulators for an initial public offering, a move that follows years of disputes that have delayed the company from going to the market
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Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary care doctors, according to an annual survey of physicians’ salaries.
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