Reuters:Â Â Investors in the banking sector were disturbed by the CIT (NYSE:CIT) bankruptcy. Reuters:Â Â Summers will lead a high level meeting on the economy. Reuters:Â Â US companies are holding more cash. Reuters:Â Â …
Updated throughout the day. Updated 10.45 AM EST  There is not as much cash on the sidelines as most investors expect. (Reuters) Yahoo! (NASDAQ:YHOO) has frozen hiring on the team evaluating integration…
Reuters:Â Â House Democrats unveiled their healthcare bill. Reuters:Â Â Senators may extend home purchase credits until April. Reuters:Â Â China will launch a case against The Big Three auto companies. Reuters:Â Â Galleon paid Wall…
A new analysis from The Wall Street Journal shows that pay czar Kenneth Feinberg raised the salaries of most of the executives over which he has jurisdiction. The paper reports that base…
Reuters:Â Â The Nielsen survey shows consumer confidence up in the US for the first time since 2007. Reuters:Â Â Obama’s financial reforms are advancing in Congress. Reuters:Â Â The pay czar said his authority…
Updated throughout the day. Updated 10.53 AM EST Activision-Blizzard (NASDAQ:ATVI) “Guitar Hero 5″ is selling poorly. (Barron’s) Update 9.47 AM EST: BP’s (NYSE:BP) new chairman will make significant changes to the oil…
Bankers have become more and more adroit at shooting themselves in the foot this year. Congress, the Administration and the public are already upset by actions that they believe caused the credit…
Reuters:Â Â Corporate directors are on the hot seat over management pay. Reuters:Â Â The US healthcare system wastes up to $800 billion a year. Reuters:Â Â Capmark Financial filed for bankrupcy. Reuters:Â Â The land…
Reuters:  Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters:  Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters:  GM’s CEO will get a pay raise. Reuters:  Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL)…
Updated throughout the day. Update 11.03 AM ESTÂ P&G (PG) may buy the household prooducts unit of Sara Lee (various) Brian Moynihan, a Bank of America (NYSE:BAC) executive and possible CEO candidate…
Pay czar Kenneth Feinberg has already effectively clipped the compensation wings of Bank of America (NYSE:BAC) CEOÂ Ken Lewis by taking away all of his 2009 compensation. Feinberg now plans to cut the…
Reuters:  China’s GDP rose 8.9% and the government said it would stick with its liberal monetary policies. Reuters:  Larry Summers said the US recovery is on track. Reuters:  More Americans will delay…
Updated throughout the day. Updated at 1.11 PM EST: Bank of America (NYSE:BAC) will sell First Republic for $1 billion. (The Deal) Updated 1.05 PM EST: Google (NASDAQ:GOOG) may be teaming up…
The Troubled Asset Relief Program inspector Neil Barofsky has almost nothing good to say about the way the Treasury has handled the TARP. He released his latest report to Congress today. His…
Reuters:Â Â China is having trouble managing supply and demand. Reuters:Â Â Geithner said the core programs of the TARP are ending. Reuters:Â Â Yahoo! (NASDAQ:YHOO) tripled it profits. Reuters:Â Â Sun Microsystems (NASDAQ:JAVA) will cut…
