Business News - Reuters

View:

  • Boeing says Dreamliner could fly on Dec 15

    Reuters – Thu Dec 10, 11:38 pm ET  
    The Boeing company's first 787 Dreamliner is readied for... Reuters

    CHICAGO (Reuters) - Boeing Co said on Thursday it has opened the flight-test window for its 787 Dreamliner starting December 15, allaying concerns that the hotly anticipated aircraft -- already two years behind schedule -- will miss its latest target of taking to the skies before year end. Full Story »

  • Judge says Lehman trustee can transfer assets

    Reuters – Thu Dec 10, 4:13 pm ET  

    NEW YORK (Reuters) - The trustee in charge of liquidating Lehman Brothers Holdings Inc's brokerage business won court approval on Thursday to transfer about $1.6 billion to $1.7 billion of customer property to new accounts at Barclays Plc . Full Story »

  • Geithner: don't declare victory too soon in crisis

    Reuters – Thu Dec 10, 1:53 pm ET  
    Treasury Secretary Timothy Geithner testifies before the Senate... Reuters

    WASHINGTON (Reuters) - The U.S. economy is struggling against "headwinds" that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday. Full Story »

  • SEC eyes deals in insider trading probe: sources

    Reuters – Thu Dec 10, 2:53 pm ET  
    Jeffrey Kindler (L), Chairman and CEO of Pfizer, and Bernard... Reuters

    NEW YORK (Reuters) - A new U.S. securities regulatory investigation into potential insider trading began in mid-November with the issuance of subpoenas to a number of hedge funds that may have gotten an advance word on corporate takeovers, said people familiar with the matter. Full Story »

  • AOL shares dip in debut, as Time Warner's rise

    Reuters – Thu Dec 10, 1:56 pm ET  
    AOL Inc. Chief Executive Tim Armstrong (2nd-L) watches as his... Reuters

    NEW YORK (Reuters) - Shares of AOL Inc fell about 2 percent on their return to trading on the New York Stock Exchange on Thursday, following the Internet company's spin-off from Time Warner Inc, while shares of AOL's former parent rose. Full Story »

  • Citi plans $15 billion offering, talks to U.S.: sources

    Reuters – Thu Dec 10, 1:24 pm ET  
    Men travel on an escalator near a Citibank signboard in Tokyo... Reuters

    WASHINGTON/NEW YORK (Reuters) - Citigroup Inc is talking with the U.S. government about paying back its bailout money, but it is not clear whether a deal is imminent, a person familiar with the matter said on Thursday. Full Story »

  • France and Britain "completely aligned" on banker tax

    Reuters – Thu Dec 10, 1:32 pm ET  
    French President Nicolas Sarkozy and British Prime Minister Gordon... Reuters

    BRUSSELS (Reuters) - British Prime Minister Gordon Brown and French President Nicolas Sarkozy are in complete agreement on moves to tax bankers' bonuses, Brown's spokesman said on Thursday after the two leaders met. Full Story »

  • BlackRock plans hedge fund for U.S. retail clients

    Reuters – Thu Dec 10, 3:48 pm ET  

    BOSTON (Reuters) - BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds' and endowments' returns, the company said in a regulatory filing on Thursday. Full Story »

  • U.S. household wealth rises in Q3, may spur spending

    Reuters – Thu Dec 10, 1:07 pm ET  

    WASHINGTON (Reuters) - U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend. Full Story »

  • CIT shares rise as company emerges from bankruptcy

    Reuters – Thu Dec 10, 11:39 am ET  

    NEW YORK (Reuters) - CIT Group Inc's new shares rose as much as 6 percent from opening levels in their debut on the New York Stock Exchange on Thursday as the lender to small businesses emerged from one of the largest bankruptcies in U.S. history. Full Story »

Pagination

Subscribe

Add headlines to your personalized My Yahoo! page (About My Yahoo! and RSS)

More News Feeds »