Many in the city erupted with joy after officers were charged with crimes ranging from murder to assault and misconduct.» Read More
The thousands of MF Global customers whose lives and businesses were derailed after $1.6 billion vanished in the collapse of the brokerage firm have now received offers to sell their claims and recoup nearly the entire shortfall, people involved in the negotiations said.
Despite the perception about a lack of work, there are jobs that employers can’t fill. Applicants may lack training, or the jobs may not pay enough. Whatever the reason, jobs in many major sectors going unfilled.
Stocks opened modestly higher Monday as investors prepared for a Federal Reserve meeting later this week and a fresh round of debt auctions.
Richard Bove, Rochdale Securities, says the bank stress tests are based on unrealistic hypotheticals. Meanwhile, the Fast Money traders discuss a possible slowdown in China and management changes at Pepsi, with Bill Schmitz, Deutsche Bank.
As unions prepare to endorse President Obama on Tuesday, labor leaders say they will mount their biggest campaign effort, with far more members than ever before. The New York Times reports.
U.S. stock index futures pointed to a mixed open on Wall Street on Monday, ahead of the Treasury Department’s release of budget figures for February.
Stocks eked out modest gains Friday, buoyed by a better-than-expected government jobs report, but still ended off their best levels following news of a "credit event" in Greece. Still, the S&P 500 and Nasdaq logged gains for a fourth consecutive week.
U.S. stock index futures turned higher Friday following a better-than-expected non-farm payrolls report and amid relief that Greece secured enough debt swap commitments to avoid an immediate default.
Bank of America CEO Brian Moynihan tells CNBC how Bank of America is working to reduce the amount of mortgage foreclosures, which are peaking now, and how the bank is handling expenses going forward.
Stocks logged a gain for the second session Thursday as investors were optimistic Greece will likely clear a key hurdle with private creditors to avoid a disorderly default and ahead of a key government jobs report on Friday.
U.S. stock futures held their early gains Thursday, even after a gain in weekly jobless claims and as investors remained hopeful that Greece will complete its bond swap.
There are lots of statistics that suggest that M&A should have some activity but it isn't, says Peter Weinberg, Perella Weinberg Partners, who explains why he sees more M&A activity happening towards the end of 2012.
Major powers called on Iran to enter "serious dialogue" over its contested nuclear program "without pre-conditions", in a joint statement issued on Thursday following extensive deliberations in Vienna.
Stocks ended higher Wednesday, recovering a portion of the previous session's steep decline, buoyed by some better-than-expected economic reports and amid optimism over Greece's bond swap offer.
U.S. stock futures pointed to a higher open Wednesday, a day after Wall Street suffered its biggest one-day drop this year, following a handful of better-than-expected economic news.
Powerful, visionary chiefs can create billion-dollar brands. Steven Jobs at Apple and Mark Zuckerberg at Facebook are often-cited examples. But we’ve recently seen some illustrations in the takeover world of the dark side of the chief executive. Being powerful and visionary, or at least thinking you are, can lead corporate chieftains to great heights, but also to extreme narcissism. And the victims are often shareholders, the New York Times reports.
Developed markets are likely to continue their upward trend and may post gains of 15 percent in the coming months, according to Kevin Gardiner, Head of Global Investment Strategy at Barclays Wealth.
Stocks closed sharply lower Tuesday, with the Dow posting its first triple-digit decline in 2012, fueled by fears over a Greek default and amid economic growth concerns.
U.S. stock index futures fell sharply Tuesday amid renewed concerns that Greece and its private bondholders would not meet the deadline to complete a debt swap and ahead of the Super Tuesday primaries.
Markets should be poised for a 5 percent correction from their current levels as the global economy remains choked by the ongoing euro zone debt crisis and the rising oil prices pose a threat, a CEO told CNBC Tuesday.