courtesy of AOLAs a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back…
For all practical purposes, credit card delinquencies have been improving and improving for close to the last three years. That is perhaps coming to an end. It was in October that Fitch…
thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got…
thinkstockAdvanced Micro Devices Inc. (NYSE: AMD) has hired J.P. Morgan Chase & Co. (NYSE: JPM) to explore options, which may include the firm’s sale. (Reuters) Federal Reserve Vice Chair Janet Yellen says…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: No individuals will be charged in the mortgage fraud investigation of J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ) Several firms, including…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and…
The U.S. Federal Reserve Bank and other U.S. bank regulators said this morning that new regulations related to capital reserve requirements for the country’s banks will be delayed beyond the current January…
ThinkstockThe bank sector suddenly finds itself in a state of flux, and as Yogi Berra might say, “It’s like deja vu all over again.” On the trading day after the presidential election, banks were…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: BHP Billiton Ltd. (NYSE: BHP) has started to look for a CEO. (Reuters) Sony Corp. (NYSE: SNE) will sell the PlayStation in…
ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) will be able to sell cheaper e-books. (Reuters) Amazon is likely to win its showdown of e-books in Europe with Apple Inc. (NASDAQ: AAPL) as the loser. (Reuters)…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe Financial Stability Board released its evaluation of G-SIBs. Another way to put that is a review of the financial health of “systemically…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
ThinkstockSuperValu Inc. (NYSE: SVU) was up nearly 20% last week, largely on buyout speculation. Buyout firm Cerberus Capital Management is the likely frontrunner to take over the third-largest U.S. supermarket chain. SuperValu…
thinkstockBest Buy Co. Inc. (NYSE: BBY) cuts forecasts. (Reutesr) Spain will increase the rate at which its helps its regional governments. (Reuters) The federal government sues Bank of America Corp. (NYSE: BAC)…
