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  • SAO PAULO, Aug 5- The board of Vale SA, the world's largest iron ore producer, on Wednesday approved plans to raise 1 billion reais from the sale of debt notes to expand the railway system at its Carajas ore mine. Credit ratings agency Moody's Investors Service rated the senior unsecured notes at Baa2, the second-lowest investment-grade ranking, with a "negative"...

  • BEIJING, June 17- China's cabinet has allowed Bank of Communications to look into taking on more private shareholding as part of the government's push to reform state-owned lenders struggling with a spike in bad loans in a slowing economy. HSBC is the largest foreign shareholder in BoCom, with a 19 percent stake, but the plan also did not mention anything about...

  • NEW YORK, April 30- American International Group Inc's first-quarter earnings fell slightly as low interest rates and weaker returns from alternative investments offset improvements in its commercial insurance business. AIG's posted operating earnings of $1.69 billion, or $1.22 per share, in the quarter. AIG has focused more closely on its core businesses...

  • *Q1 net profit $217.2 mln vs $216.3 mln last year. AMMAN, April 22- Arab Bank Group, Jordan's largest lender, posted a small rise in first-quarter net profit to $217.2 million on Wednesday, helped by a rise in loans and customer deposits. Arab Bank, present in 30 countries in five continents, owns 40 percent of Saudi Arabia's Arab National Bank ANB.

  • SAFT ON WEALTH-GE points way for 'too big to fail' peers Wednesday, 15 Apr 2015 | 4:41 PM ET

    April 15- If shedding its financing arm did wonders for General Electric's stock price, maybe too-big-to-fail bank peers like Citibank and JP Morgan should consider similar moves. GE last Friday announced a plan to divest most of GE Capital, taking operating earnings from finance eventually down to less than 10 percent of the whole as compared to 57 percent in...

  • A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.

  • Getting cash from the crowd Tuesday, 17 Jun 2014 | 6:10 AM ET
    Charles Adler, Perry Chen and Yancey Strickler (left to right), founders of Kickstarter

    Anyone can invest in disruptive start-ups, thanks to crowdfunding sites like Kickstarter. It has helped fund blockbusters like Oculus Rift

  • Closest thing bitcoin has to a central bank Tuesday, 17 Jun 2014 | 6:09 AM ET
    Fred Ehrsam (left) and Brian Armstrong, founders of Coinbase

    With 1.3 million consumer wallets created and 32,000 merchants on board, Coinbase may be the closest thing bitcoin has to a central bank.

  • A brother team earning stripes in PayPal battle Tuesday, 17 Jun 2014 | 6:00 AM ET
    Stripe co-founders Patrick and John Collison

    No industry is more resistant to change than the 'clunky' payments space, but if you think PayPal is the biggest threat, think again.

  • The venture capital darling ending venture capital Tuesday, 17 Jun 2014 | 6:00 AM ET
    Naval Ravikant, co-founder of AngelList.

    With AngelList, entrepreneurs wary of venture capital have a new way to transition their ideas all the way from start-up to stock offering.

  • Getting banks out of the forex business Tuesday, 17 Jun 2014 | 6:00 AM ET
    Taavet Hinrikus and Kristo Käärmann, founders of TransferWise

    When two friends living in Europe got fed up with money-transfer fees, they knew there had to be a better way, and PayPal's founder agreed.

  • Hunting the wolves of Wall Street via the Internet Tuesday, 17 Jun 2014 | 6:00 AM ET
    Bill Harris, co-founder and CEO of Personal Capital

    Personal Capital, an Internet-based personal finance platform, is aiming to end the stranglehold of Wall Street's high-fee brokerage model.

  • Silicon Valley’s plan to oust wealth managers Tuesday, 17 Jun 2014 | 6:00 AM ET
    Adam Nash, CEO of Wealthfront

    The wolves of Wall Street won't stand a chance if the next generation truly embraces an algorithm as its wealth manager.

  • An online peer-to-peer lender, far from Wall St. Tuesday, 17 Jun 2014 | 6:00 AM ET
    Renaud Laplanche, founder and CEO of Lending Club

    Lending Club has become a lender of first resort to consumers and business owners. The peer-to-peer market has put Wall Street on notice.

  • The least stressful jobs for 2014 Tuesday, 7 Jan 2014 | 6:01 AM ET

    Feeling stressed? Kick back and check out the list of the 10 least stressful jobs for 2014.

  • The most stressful jobs for 2014 Tuesday, 7 Jan 2014 | 5:00 AM ET

    Think your job is stressful? Take a number. Here are the 10 most stressful jobs of 2014.

  • Jumbo mortgage rush: Why the rich are buying Tuesday, 10 Sep 2013 | 10:09 AM ET

    Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge for million-dollar homes, according to RealtyTrac.

  • McGraw-Hill profit surges on higher bond issuances Thursday, 25 Jul 2013 | 10:28 AM ET

    McGraw Hill Financial posted an 18 percent rise in quarterly profit as it earned more from a surge in corporate debt issuances and its Dow Jones indices.

  • E*Trade reports loss as it exits market making Wednesday, 24 Jul 2013 | 5:08 PM ET

    Discount brokerage E*Trade Financial reported a quarterly loss because of an impairment charge of $142 million to account for its surprise exit from market making.

  • Why Gloomy Earnings May Not Be So Dim After All Sunday, 7 Jul 2013 | 1:07 PM ET

    This earnings season is going to be a bummer. Hey, tell us something we don't know. Well, it may not be so bad after all. Here's why.