3787 Stories, most recent news story added Sat Nov 21, 12:43 pm ET
'We participated in things that were clearly wrong and have reason to regret,' Lloyd Blankfein said. 'We apologise.' The head of Goldman Sachs has apologised for the Wall Street titan's role in helping to create the financial crisis. After being ridiculed for saying he was doing God's work, and having seen his company labelled as a bloodsucking vampire squid , Lloyd Blankfein yesterday delivered ...
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Earlier this week, Mary Anastasia O'Grady shamelessly pulled the God card to defend the Honduran coup. Specifically, she handed her Wall Street Journal column over...
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices fattened its profit margins. The results topped Wall Street expectations.
Hershey Co. may make a $17 billion bid for U.K. candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., The Wall Street Journal reported Friday.
NEW YORK (AP)-- Hershey Co. may make a $17 billion bid forUKcandy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods, the Wall Street Journal reported Friday.
Sun Life, the fifth-largest insurer in North America by market capitalization, is making a push into the United States, aiming to take advantage of market consolidation after the financial crisis that...
Wall Street Journal has reported. The bid wouldn't be ready for two weeks and the terms are in flux, the newspaper said. But the charitable trust that controls the company and has complicated Hershey...
China's economic and trade policies contributed to the global financial crisis and are laying the groundwork for the next one, according to a new report by a congressionally chartered commission. The report prompted a bipartisan request on Capitol Hill for the Commerce Department to investigate whether China has been manipulating its currency to subsidize its exports, thereby gaining an unfair ...
By JIM PROVANCE BLADE COLUMBUS BUREAU CHIEF COLUMBUS — Ohio Friday became the second state to go after the big-three credit-rating agencies for allegedly “aiding and abetting’’ Wall Street in convincing investors that shaky mortgage-backed securities were safe. “Investors trust that information when making extremely important decisions,’’ said Ohio Attorney General Richard Cordray. “But ...
The impact of the global financial crisis is still in its "first half," but there is only a brief opportunity to bring tough reforms, the World Economic Forum warned on Friday.
Morgan Stanley has ended its ill-fated $6.5 billion acquisition of Crescent Real Estate Equities — which included Greenway Plaza — handing the properties off to lender Barclays Capital, the Wall Street Journal reported.
The Salvation Army plans to serve 10,000 free dinners across New York this Thanksgiving – meals planned by a star chef, cooked by one of New York’s ritziest caterers and cleaned up by employees of one of Wall Street’s most vilified financial firms.
By Fred Hiers Staff writer In two years, Craig Creamer rose from Wall Street broker to horse groom cleaning stalls.That's right - rose, not fell.
SINGAPORE low-cost carrier Tiger Airways is considering an initial public offering (IPO) of at least US$500 million (S$694 million) some time next year, the Wall Street Journal reported, quoting a person familiar with the situation.
NEW YORK: Hershey Co. may make a US$17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday. The bid...
Divorce routinely involves the division of marital property, but after a recession-fueled financial crisis or foreclosure, some couples don’t have many assets left between them. And in many cases, couples aren’t fighting over a house, a car or a...
