 Advanta Bank in Utah with $1.5 billion in deposits closesThe FDIC has taken charge of the Advanta Bank Corp., in Draper,... | |
 Century Security Bank one of 3 Georgia banks terminatedThe FDIC has been named receiver of the failed... |
 Ohio loses American National Bank of ParmaThe National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National... |
 Wall Street shivers over Indian rate hikeU.S. stocks closed in the red on Friday. For the Dow Jones it was the first time in 9... |
 Gordon Brown says BA strike unecessaryThe UK Prime Minister has put pressure on British Airways cabin crew to call off a series of... |
 Surge in electric vehicle sales in USThe biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this... |
 Irish bank chief accused of fraudThe former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial... |
 UK Chancellor pledges major cut in deficitIn the UK, Chancellor Alistair Darling has pledged to cut the budget deficit by... |
 EU could be embarrassed by Greek requests for moneyGreece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the... |
 Scotland passengers expect meagre BA serviceScotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin... |
 Customers say their Toyota's are still not fixedSome cars which have been repaired under the Toyota recall system have had questions raised about the effectiveness of the... |
| Apple announces sudden death of director York Apple Inc has announced the death of one of its directors, Jerry... |
 New luxury apartments handed over in DubaiA set of new luxury residences have been handed over to owners in... |
 Prostitutes paid out of Ponzi slush fundA New Zealand investment banker has been jailed after spending millions of dollars of clients money on... |
| Aurora Bank Is Fourth In State To Fail This Year The Minnesota Department of Commerce shut down the State Bank of Aurora on Friday, just one month shy of its 104th birthday. The bank was the oldest continuously operating business in Aurora, a... |
| Embezzler Who Got $9m Business Tax Credit Charged With Defrauding Neighbor, Bond Set At $9.2m FLINT, Mich. - A convicted embezzler who snagged more than $9 million in business tax credits from the state of Michigan has been charged with defrauding an elderly neighbor. RASCO (RAS-ko) CEO... |
| Quadruple Witching Hits Wall Street Quadruple witching helped lift markets today, but not enough end the day up.Quadruple witching, which happens four times a year in four separate quarters, does not refer to four people on a... |
| Steve Eisman: Maverick Trader | Financial Crisis | Michael Lewis The financial crisis was predictable, but only a handful saw it coming. Of those, even fewer were bold enough to bet against the market. And the boldest of them all was an unknown... |
| Review Of Pay-tv Rules May Trigger Price War BT is hinting it may give away Sky Sports free to its best BT Vision customers when the price cuts go ahead. Photograph: Gareth Fuller/PA Archive/Press Association Images The cost of watching... |
| Budget: What Wednesday Must Bring | Editorial budget is normally full of horse-trading between cabinet ministers and fevered speculation in the media. Yet this time around the gossip mill is becalmed and expectations are being assiduously... |
| Letter: Airline Troubles Go Beyond Ba And Unite Willie Walsh and his team to conceal the realities behind a crude anti-union strategy will become self-defeating. The trade union leadership may not be blameless, but they are not responsible for... |
| Letters: Inevitable Harm From University Cuts University budgets to be slashed by up to 14% , 18 March). These will inevitably mean a decline in the quality of university education and in the number of places available... |
| Will Japan's Investment Funds Blossom Again? Japan's investment market is not for the faint hearted. Photograph: Junko Kimura/Getty Images/AsiaPac Chris Taylor constantly wrestles with the paradoxes... |
| Why The West Should Heed Japan's Economic Lead bullet train from Tokyo to Kyoto last week. But its punctuality, speed, cleanliness and staff friendliness (and I write as one who suffers the torture of First Capital Connect) were not the most... |
| Four More Bank Failures Bring 2010 Tally To 37 SAN FRANCISCO -- Four additional banks in Georgia, Alabama and Minnesota were closed by regulators Friday, bringing the national total to 37 for the year to date. Ellijay, Ga.-based Appalachian... |
| Medicines Co. Says Patent Extension Denied SAN FRANCISCO -- Medicines Co. said late Friday that the U.S. Patent and Trademark Office denied it a patent extension for its Angiomax blood-thinner. On Thursday, the office granted an interim... |
| Update: Fda:not Enough Data From Regen To Show Knee Device Safe RGBO ) hasn't provided adequate data to show that its knee device is safe, and the company didn't follow appropriate study guidelines. The FDA also has ongoing concerns about whether it was... |
| Update: Mexico's Televisa, Telcos Partner For Fiber Auction TEF ) to bid in an upcoming auction of dark fiber to be leased by state-run electric utility Comision Federal de Electricidad. Televisa said in a press release that the three companies will form a... |
| Goldman Ceo Blankfein's 2009 Total Pay Valued At $862,657 GS ) Chairman and Chief Executive Lloyd C. Blankfein received compensation valued at $862,657 last year, according to a regulatory filing. The amount represents Blankfein's decision to skip any... |
| Fed Pulls Plug On Short-term Relief Extended To Big Banks DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- There's fresh evidence that the Federal Reserve is moving away from emergency assistance to U.S. banks: The central bank has pulled the plug on temporary... |
| Stocks Eye Health Reform, Housing, Greece NEW YORK (Reuters) - Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week... |
| Pay Czar Trims Salaries At Top Of Gm Exec Ranks PHOENIX (Reuters) - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this... |
| Crtc To Rule Next Week In Battle Over Television Carriage Fees The television business is no longer a game reserved for millionaire media moguls. Consider that a station in western Michigan is being sold right now for US$550,000. On eBay. As the tired but... |
| Wise Metals Group Llc Announces Year End Earnings Call BALTIMORE - (Business Wire) Wise Metals Group (Wise) announced today that it will have a conference call on March 31, 2010 to report its year end results for 2009. The details of the call will appear... |
| Shareholders Sue St. Jude Medical Over Earnings Prediction is facing a federal securities class-action lawsuit claiming that the medical device maker and two of its top executives misrepresented the company’s financial situation to shareholders last... |
| Judge Orders Renegotiation Of 9/11 Settlement FILE - In this Oct. 11, 2001 file photo, firefighters make their way over the ruins of the World Trade Center through clouds of smoke at ground zero in New York. on Friday, March 20, 2010, a federal... |
| Letter: Lehman Accounting Tricks Possibly Illegal A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday. Matthew Lee, a former Lehman senior vice... |
| Wal-mart To Slash Grocery Prices (Reuters) - Wal-Mart Stores Inc will cut food prices and mount a new ad campaign over the next six weeks, a threat to other U.S. grocers that sent an industry shares index down more than 2 percent on... |
| Union Criticizes Company Managing Drug Plan For Kansas State Workers; Lawmakers Plan Hearings TOPEKA, Kan. - A national union group is pushing Kansas to dump the company that manages the prescription plan for state employees, saying it has failed to offer the lowest possible prices on many... |
| Regulators Shut Down Banks In Utah, Ohio, Georgia; Makes 33 Us Bank Failures This Year WASHINGTON - Regulators on Friday shut down banks in Utah, Ohio and Georgia, boosting to 33 the number of bank failures in the U.S. so far this year following the 140 that succumbed in 2009 to... |
| Will Us Lose Its Triple-a Ranking? Investors Yawn NEW YORK -- It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council - a triple-A credit rating, the seal of approval that lets investors know a... |
| Despite Last-minute Rally, Stock Markets Close In Red U.S. stock indexes finished the trading session Friday down slightly, ending an eight-day winning streak for the Dow Jones industrial average.The Dow Jones closed off 0.35 percent, losing 37.19... |
| Open Letter: Wash-up Not Appropriate For Controversial Disconnection Proposals The digital economy bill is a highly controversial bill. Many of us believe that it threatens to severely infringe fundamental human rights, by allowing the disconnection... |
| Rush To Pass Digital Bill Will 'sidestep Democracy' Billy Bragg: among the signatories Photograph: Hannah Johnston/Getty Images A group of senior public figures have called on the government to abandon its plan to push through controversial digital... |
| Ba Strike: The People Behind The Action — And Those Who Would Break It The BA strikers come across as a highly-disciplined block. More than 80% of Unite cabin crew members backed strike action when balloted last month, on a turnout of 79%. Footage on YouTube from the... |
| Us Stocks Down On Renewed Greek Fears New York - Ongoing fears about the Greek economy pushed down stocks on Wall Street Friday, ending an eight-day winning streak on US markets.The European country's economic problems have weighed... |
| Goldman Sachs’s Blankfein Got $9.8 Million For 2009 March 19 (Bloomberg) -- Goldman Sachs Group Inc. gave Chairman and Chief Executive Officer Lloyd Blankfein $9.8 million in total compensation for 2009, the firm said today in a regulatory... |
| Petrobras Posts Profit Of 8.13 Billion Reais In Fourth Quarter March 19 (Bloomberg) -- Petroleo Brasileiro SA, Brazil’s state-controlled oil company, posted a fourth-quarter profit of 813 billion... |
| Chile To Sell Foreign, Domestic Debt, May Raise Taxes March 19 (Bloomberg) -- Chile’s government plans to sell debt in pesos and foreign currency and may raise taxes to help pay for the recovery from Feb. 27’s devastating earthquake, Finance... |
