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Wednesday, September 29, 2010

AIG's Miller says U.S. may profit on bailout


American International Group Inc is seeing plans to free itself of U.S. government support start to come together two years after it was bailed out...

Monday, September 27, 2010

Judge refuses to dismiss AIG lawsuit

A judge refused to dismiss a securities fraud lawsuit accusing American International Group Inc of misleading investors about its exposure to subprime mortgages, which led to a liquidity crisis and $182.3 billion of federal bailouts...

Sunday, September 26, 2010

Computer attacks linked to wealthy group or nation


A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group...

Saturday, September 25, 2010

SEC commissioner questions new market maker rules


A commissioner at the U.S. Securities and Exchange Commission questioned on Friday the value of saddling high-frequency trading firms with tighter market-making rules...

Saturday, September 18, 2010

GM IPO to be open to "all" investors: Treasury


The upcoming initial public offering of General Motors Co will be open to the widest possible range of investors, including both overseas funds and U.S. retail buyers....

Friday, September 17, 2010

Senate passes $30B small business credit measure


The Senate passed long-delayed legislation Thursday designed to open up credit to small businesses and award them with other incentives to expand and hire new workers....

Thursday, September 16, 2010

Senate could pass small-business bill Thursday

The Senate on Thursday could pass a long-stalled measure that would boost lending to small businesses, giving President Barack Obama's Democrats....

Wednesday, September 15, 2010

States cutting benefits for public-sector retirees


William Liberty began as a trash collector in Lindenwold 37 years ago and worked his way up to public works supervisor. Until recently...

Tuesday, September 14, 2010

Basel eases capital fears, top banks in spotlight


New capital rules set by global regulators are expected to give weak lenders time to raise funds and free up strong banks to lift dividends...

Monday, September 13, 2010

Oil jumps above $77 on US crude pipeline leak


Oil prices jumped above $77 a barrel Monday in Asia, extending gains for a second trading day after a leak forced the closure of a Chicago-area oil pipeline...

Sunday, September 12, 2010

BP evicted from ethical index, delays Q3 results


BP is to be evicted from the FTSE4Good ethical investment index due to its Gulf of Mexico oil spill, index compiler FTSE said on..

Saturday, September 11, 2010

Nokia brings in Microsoft exec to replace CEO


Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive...

Friday, September 10, 2010

Obama to take GOP to task on economy, tax cuts


Striving to gain the upper hand on a crucial political issue, President Barack Obama is faulting Republicans for refusing to help him turn....

Thursday, September 9, 2010

Wall Street up as fears for European economy ease


US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy...

Wednesday, September 8, 2010

Japan's intervention hints fail to stop yen rally


Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns...

Tuesday, September 7, 2010

Justice department probes Google's ITA Software deal: report


Google bought ITA Software, one of the Web's key providers of airline travel software, for $700 million in July, in a move that Google..

Monday, September 6, 2010

Toyota Prius top-selling car in Japan for August


Toyota's Prius was the top selling car in Japan during August for the 16th straight month, as incentives for green vehicles continued to boost sales of the hybrid...

Sunday, September 5, 2010

Billionaire investor seals deal to buy German retail chain


The future of Germany's Karstadt, Europe's third-largest department store chain, appeared to be secured Friday as a court approved its acquisition by a billionaire investor....

Saturday, September 4, 2010

Despite hiring, US unemployment rate seems frozen


Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people...

Friday, September 3, 2010

Jobs report may show rise in unemployment rate


The unemployment rate may be about to rise again. Economists are bracing for a weak showing in the August employment report...

Thursday, September 2, 2010

Apple TV takes aim at Web-connected living room


Apple Inc unveiled a smaller, cheaper version of its Web-to-TV device on Wednesday, stepping up a battle with Google Inc and Microsoft Corp for control...

Wednesday, September 1, 2010

Asia shares rise on China, Australia economic news


Asian stock markets gained Wednesday after Australia's economy expanded at its fastest pace in three years and Chinese manufacturing...