FDA on Wednesday outlined a proposal that would help reduce the use of some antibiotics in animal production to counter bacterial resistance to those drugs when they are prescribed for humans. *It appears FDA aims to halt or curtail the use of antibiotics for weight gain, Chicago- based Daniels Trading commodities broker Craig Turner told Reuters.» Read More
In response to a critical Op-Ed letter to The New York Times by a former Goldman Sachs employee that said GS put its own interests ahead of clients, Mad Money's Jim Cramer urges his one-time employer to remember the ethics that made the company so profitable in the first place: "be long-term greedy," meaning do well by your clients and they will do well by you.
The Fed sounded the all clear for most major U.S. banks, and its stress test results could be positive for stocks Wednesday, even though four of the 19 institutions failed.
Boutique brokerage firms are less affected by government restraints, says Joe Zicherman, JW Partners.
Even the most iconic brand can plunge into extinction, and it can be years before the buying public realizes that it's gone. Read ahead to see some iconic brands that have disappeared since their glory days.
Howard Lutnick, BGC Partners CEO, discusses his company's incredibly high 9.6% yield; its thriving commercial real estate business; and the outlook on this small-cap speculative stock, with Mad Money's Jim Cramer.
Canaccord Financial and China's deep-pocketed Eximbank announced plans on Thursday to form a $1 billion fund to invest in Canadian resources, the newest push by the Asian giant to gain access to Canada's oil and minerals.
The Facebook IPO is a terrific illustration of what Morgan Stanley is doing right, says Mad Money's Cramer, so if you can't wait to grab some shares in the IPO, buy MS instead, the lead underwriter on the deal, and a brokerage house that's making a fabulous comeback.
Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed big firms to avoid punishments, The New York Times reports.
The Fast Money traders, with the trade on today's market activity; the tech sector; and RadioShack's after hours sell-off, and whether it's a likely takeover candidate. Also, the trade on big banks, with Fred Cannon, Keefe Bruyette & Woods, warning investors that what looks to be value stocks in the financial sector now, could end up being a value trap, if estimates get cut as they did last year.
Discussing how to resolve debt issues surrounding Greece, with Jes Staley, JP Morgan Investment Bank CEO, and Mary Callahan Erdoes, JP Morgan Asset Management CEO.
Private equity firms looking to invest in Indian companies can hope to strike better bargains in 2012, as valuations are at a low owing to a weak stock market and the struggling rupee gives investors more for their dollar, say industry experts.
Rich Repetto, Sandler O'Neill, discusses ETrade's downgrade to "hold" & lowering expectations by 24% in 2012, and the outlook for e-brokers.
Bank of America CEO Brian Moynihan sounded optimistic Wednesday about a US economic recovery and discussed his plan to improve the company’s stock price.
Kevin Kabat, Fifth Third Bancorp president & CEO, discusses the company's earnings miss and its outlook for 2012.
In a House hearing, regulators are defending the merits of the Volcker Rule today, with CNBC's Eamon Javers.
The Fast Money traders weigh in on the trade on Goldman Sachs, ahead of its earnings, and a preview of the banking sector, with Fred Cannon, KBW chief equity strategist.
CNBC's Mary Thompson has details on more bonus cuts coming on Wall Street, and whether this is a growing trend, with Gary Goldstein, Whitney Partners, and John Carney, CNBC.com senior editior.
The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared. The New York Times reports.
As many as 10,000 bankers at Royal Bank of Scotland face the prospect of losing their jobs, as the state-owned UK bank draws up detailed plans to retreat from investment banking, the FT reports.
China is poised to unveil measures to bolster the country’s nascent short-selling industry in an effort to deepen its capital markets, according to securities officials and fund managers. The Financial Times reports.