Discussions of how to bail out of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and ... Read Full Story »
The latest word out of Europe is that finance ministers and the International Monetary Fund cannot agree about a bailout of Greece. The troubles are as much political as financial, ... Read Full Story »
After months of wrangling, disagreement and partial compromise, Greece does not have the money it needs to avoid default. The Greek government claims it has gone along with all the ... Read Full Story »
Twinkies Hoarders Disappointed Some Americans hoarded all the Hostess Twinkies they could find once the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the liquidation has ... Read Full Story »
Updated throughout the day on the 24/7 Wall St. Wire: Windows and Windows Live President Steven Sinofsky leaves Microsoft Corp. (NASDAQ: MSFT) because he pressed for Steve Ballmer's job. (various) ... Read Full Story »
The most important story out of Europe today is that Greece has been given an extension to reach its austerity and budget goals. The region's finance ministers did not have ... Read Full Story »
Hold your hand up if you are just about as sick of hearing about Greece. The Greek people are being forced into more pain and the nation seems to need more ... Read Full Story »
As hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation's parliament has voted through an extreme austerity budget that ... Read Full Story »
Europe's financial problems were pushed off the front pages for a few days as Hurricane Sandy roared up the East Coast. But they did not go away, and they may ... Read Full Story »
Sandy and Amazon Which industries benefited from Hurricane Sandy? Very few, one has to suppose. But among those must be e-commerce, which means another victory for Amazon.com Inc. (NASDAQ: AMZN), ... Read Full Story »
Europe's economic problems will be pushed off of the front pages, at least while the East Coast braces for Hurricane Sandy and its aftermath. But the bailout of Greece is ... Read Full Story »
The Guardian reports that the next bailout of Greece may require residents to work six days a week. That is unlikely to go down well with Greeks and likely will ... Read Full Story »
Merkel, Hollande Press for Greek Austerity The relationship between Germany and France on the one hand and Greece on the other spins from accommodation to exasperation in an almost regular cycle. Despite ... Read Full Story »
Knight Capital Group Inc. (NYSE: KCG) raises $400 million. (CNBC) HTC reports that sales of its smartphones fell 45% year-over-year. (Reuters) The New York State Department of Financial Services apparently ... Read Full Story »
Germany’s Spiegel reports today that Greece is seeking more time to meet the conditions for the €130 billion bailout package that the country agreed to in March. The report claims ... Read Full Story »