Finance News
Goldman veteran to join Glaxo as finance chief
Simon Dingemans, one of Goldman Sachs’ veteran dealmakers in London, is leaving the bank to join drugmaker GlaxoSmithKline as chief financial officer
BP tries to spread blame for Gulf spill
Oil group faults its own engineers but says mistakes were also made by its partners Transocean and Halliburton that led to the disaster, which killed 11 people and led to the largest offshore oil spill in history
Stocks pare losses but Eurozone worries linger
Wall Street opens higher as concerns about Europe’s banking sector recede. In Asia, the stronger yen continues to hammer Japanese exporters
Stocks rise ahead of Obama speech
Stocks made a tepid advance at Wednesday's open, as investors were taking a wait-and-see stance ahead of President Obama's speech unveiling a $250 billion jobs recovery plan.
Categories: Finance News
Stocks rise ahead of Obama speech
Stocks made a tepid advance at Wednesday's open, as investors were taking a wait-and-see stance ahead of President Obama's speech unveiling a $250 billion jobs recovery plan.
Categories: Finance News
Hurd could get $10M bonus from Oracle
Oracle Corp. said Wednesday it will pay its new co-president, Mark Hurd, an annual salary of $950,000 and that he could receive a bonus of up to $10 million.
Categories: Finance News
Follow the smart money -- and the crowd
Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Categories: Finance News
Follow the smart money -- and the crowd
Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Categories: Finance News
Boehner unveils his own plan to aid economy
House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, hours ahead of President Obama's scheduled speech unveiling a $350 billion job-boosting proposal.
Categories: Finance News
Obama's jobs pitch fails to dazzle Washington
President Obama's latest round of job-bolstering proposals boasts something for everyone: corporate tax breaks for conservatives and spending on roads and railways for liberals. Yet he's having a hard time getting everyone on board.
Categories: Finance News
Stocks set to bounce back
Stocks were poised to rebound Wednesday, as investors awaited an economic recovery proposal from President Obama and braced for the first batch of data this week.
Categories: Finance News
Obama to unveil new stimulus plans
President Barack Obama will take Republicans to task over their economic values as he promotes an $180bn package of proposals to stimulate the anaemic US economy
BP rises over 3% on Fitch upgrade
BP's stock jumped more than 3% after Fitch upgraded the company's rating three notches.
Categories: Finance News
Car booster seats to avoid
The good news is that booster seats are getting safer. The bad news is that there are still some seats out there that may not protect your child in a crash, a report released Wednesday showed.
Categories: Finance News
Wealth workout: our verdict on new savings deals
Banks and building societies release new offers all the time. But how good are
they? Every week, we put them to the test.
Categories: Finance News, UK Papers - Telegraph
Make cash from your trash online
From cars to crockery, there are specific websites that target your audience.
Categories: Finance News, UK Papers - Telegraph
Oil fears slam one beach, but spare another
It's Florida's reputation that's stained - not its beaches. But some cities along Florida's panhandle are faring better than others.
Categories: Finance News
Paulson & Co hit by US economic woes
Investor says the world’s third-biggest hedge fund manager’s bullish bets on the US housing market and economy generated losses of 9.13 per cent in August for its Recovery fund
BP to release investigation into oil rig disaster
BP is on Wednesday expected to release findings of an internal investigation into the Gulf oil disaster, the oil giant said.
Categories: Finance News
Vodafone loses landmark India tax case
Bombay High Court’s decision to tax Vodafone for the 2007 acquisition of Hutchison Essar could hurt cross-border dealmaking in India

