NEW YORK, July 31- Bank of New York Mellon sent a formal letter Thursday to holders of Argentina's exchange bonds essentially confirming that the sovereign had defaulted. That order came from Judge Thomas Griesa, who ordered Argentina to pay holdout creditors in full when it made its next payment to holders of the exchange, or restructured, bonds.» Read More
John Sculley, former Apple CEO, discusses the widely expected launch of Microsoft's restructuring plan and its impact on the company's future.
Dallas Federal Reserve President Richard Fisher, reveals his outlook on jobs and the U.S. economy.
Dallas Federal Reserve President Richard Fisher explains the importance of simplifying bank regulations.
"It's a constant evaluative process," says Dallas Federal Reserve President Richard Fisher, discussing how central bankers are able to gauge the success of its monetary policy.
"But the boats are still tied to the dock," says Dallas Federal Reserve President Richard Fisher." Adding, "we have not seen the type of robust job creation that we would like to see," discussing Fed's monetary policy.
CNBC's Andrew Ross Sorkin reports on that Third Point's CEO has acquired the largest stake in Sony and could be looking into breaking up the company into three separate pieces.
Simon Maughan, financials sector strategist at Olivetree Financial Group, comments on Barclays' quarterly results which were hit by restructuring charges and says it looks better than its two main UK competitors.
Lee Buchheit, Partner at Cleary Gottlieb Steen & Hamilton, also known as the go-to expert for debt-ridden nations, shares the feedback on his plan B for Cyprus.
Andrew Witty, CEO of GlaxoSmithKline, discusses his company's 2012 earnings and explains why he is optimistic about the company's restructuring plans in Europe.
Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday.
Matthew Patsky,Trillium Asset Management CEO, weighs in on Citi's big earnings miss, and why the bank needs to restructure to realize "greater value for the shareholder."
Spanish bailed out lender Bankia aims to return to profitability by next year after a restructuring plan that will cost about 6,000 jobs.
CNBC's Michelle Caruso-Cabrera reports Boeing is moving higher off of its lows on news the company is doing a major restructuring of its defense business; and the FMHR traders share their final trades.
Sergio Ermotti, CEO of UBS tells CNBC why the bank made the decision to shut down its fixed income business and fire 10,000 bankers and how it plans to be more effective in the future.
Andrew Liveris, President, Chairman & CEO of Dow Chemical, talks about the company's restructuring plan that includes plant closures and jobs cut. Liveris blames a slowdown in the global economy for the new plan.
Ron Bloom, Lazard U.S. investment banking vice chairman, explains why the USPS is in need of an overhaul and requires Congressional action to avoid default.
Jessica Pressler, New York Magazine contributing editor, discusses the fallout from the Libor scandal at Barclays.
GM sold more vehicles in China than in the U.S. last year. Dan Akerson, General Motors chairman & CEO, expects auto sales to rise 10% this year in China and discusses GM restoring its 50/50 partnership with China's SAIC.
Yahoo's all-hands meeting today is more than a garden-variety pep talk. It's a chance for new CEO Scott Thompson to set the agenda at a pivotal moment for the struggling company.
Glen Levine, Senior Economist at Moody's Analytics says proposed changes to India's tax code creates uncertainty for foreign investors, leading them to think twice about investing in the country.