Finance News

Goldman veteran to join Glaxo as finance chief

The Financial Times - 1 hour 20 min ago
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

The Financial Times - 1 hour 22 min ago
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

The Financial Times - 1 hour 25 min ago
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

CNN - The Markets - 1 hour 33 min ago
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

CNN - Finance - 1 hour 33 min ago
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

CNN - Finance - 1 hour 49 min ago
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

CNN - The Markets - 1 hour 53 min ago
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

CNN - Finance - 1 hour 53 min ago
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

CNN - Finance - 2 hours 19 min ago
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

CNN - Finance - 2 hours 32 min ago
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

CNN - Finance - 3 hours 6 min ago
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

The Financial Times - 3 hours 19 min ago
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

CNN - Finance - 3 hours 25 min ago
BP's stock jumped more than 3% after Fitch upgraded the company's rating three notches.
Categories: Finance News

Car booster seats to avoid

CNN - Finance - 3 hours 35 min ago
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

The Telegraph - Personal Finance - 3 hours 43 min ago
Banks and building societies release new offers all the time. But how good are they? Every week, we put them to the test.

Make cash from your trash online

The Telegraph - Personal Finance - 4 hours 3 min ago
From cars to crockery, there are specific websites that target your audience.

Oil fears slam one beach, but spare another

CNN - Finance - 4 hours 31 min ago
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

The Financial Times - 4 hours 33 min ago
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

CNN - Finance - 4 hours 46 min ago
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

The Financial Times - 4 hours 55 min ago
Bombay High Court’s decision to tax Vodafone for the 2007 acquisition of Hutchison Essar could hurt cross-border dealmaking in India