Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short ... Read Full Story »
A review of data from the damaged Southwest Air (NYSE: LUV) 737 raised questions about Boeing's (NYSE: BA) manufacturing process. (Reuters) Sony (NYSE: SNE) has begun to market a tablet ... Read Full Story »
The Federal Reserve made a profit last year. It turned $79 billion of its $82 billion in "comprehensive income" over to the Treasury. The agency is an island of profit ... Read Full Story »
The Congressional Oversight Panel, which was established by Congress in late 2008 to oversee the $700 billion Troubled Asset Relief Program (TARP), today released its 30th and final oversight report. ... Read Full Story »
Updated throughout the day. American International Group (NYSE: AIG) has a plan to reduce government ownership of the insurance company (WSJ) Obama may be about to appoint Elizabeth Warren as ... Read Full Story »
Reuters: A bill to help small business may be the last chance the Democrats have to help stimulate jobs before the election. Reuters: BP plc (NYSE: BP) oil spill claims should ... Read Full Story »
When historians write the definitive account of the Great Recession in coming decades, one of the major questions they will tackle is why the government decided to allow Lehman Brothers ... Read Full Story »