The FDIC was probably wise to get its member banks to prepay their fees for 2010, 2011, and 2012. The agency brought in $45 billion by the action, just as ... Read Full Story »
Everyone wants to know about Goldman Sachs Group (NYSE: GS) and how much it is going to pay CEO and Chairman Lloyd Blankfein, following a $100 million bonus being paid to what ... Read Full Story »
The 2010 Super Bowl is expected to be a return of bold advertising. Whether you are a Colts or Saints fan or no fan at all, it seems that even the non-sports ... Read Full Story »
The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the ... Read Full Story »
Air Products & Chemicals Inc. (NYSE: APD) may have opened up a can of worms with its planned acquisition of Airgas Inc. (NYSE: ARG). For starters, Air Products has a market cap ... Read Full Story »
By Max Fisher of The Atlantic Wire When President Obama traveled to China in November, currency policy was among the most-discussed issues. U.S. economists worried, and still do, that China ... Read Full Story »
These are this Friday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: Archer Daniels Midland (NYSE: ADM) Raised to Buy at Deutsche Bank. CIENA Corp. (NASDAQ: ... Read Full Story »
Many have said that the math from the US Labor Department is fuzzy, and today will only show further conversations of that notion. Despite the negative recent news in weekly ... Read Full Story »
Updated throughout the day. Toyota (TM) will recall the Prius in Japan (Reuters) JPMorgan (JPM) chief Jamie Dimon will be paid $15 million to $20 million in 2009 compensation (FT) Barclays (BCS) ... Read Full Story »
Obama will meet with China "enemy of the state", the Dalai Lama, spiritual leader of Tibet. The Chinese government has already protested the visit. The US will sell $6.4 billion ... Read Full Story »
GE (GE) and Comcast (CMCSA) have struck a deal for the cable company to take a controlling share in GE's entertainment unit--NBCU. Opponents of the transaction claim that it will ... Read Full Story »
Ford (F) has offered customers who bought some 2010 Fusion and Mercury Milan hybrids "a customer satisfaction program to update the software of the regenerative brake system." Many media outlets are ... Read Full Story »
The housing market is already up against a number of barriers to recovery. High unemployment keeps millions of people out of the market for homes. Banks are wary to give ... Read Full Story »
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon ... Read Full Story »
Markets in Asia were sharply lower. The Nikkei fell 2.9% to 10,057. The Hang Seng fell 3.3% to 19,675. The Shanghai Composite fell 1.6% to 2,939. At the open in ... Read Full Story »