April 16- Chemtura Corp plans to sell its agrochemicals business to Platform Specialty Products Corp for about $1 billion, the Wall Street Journal reported, citing people familiar with the matter. Chemtura's agrochemicals unit sells chemicals-based products such as insecticides and growth regulators.» Read More
Iin light of evidence that some drug makers have gone to great lengths to turn scientific articles into marketing vehicles for their products, some influential medical editors are cracking down on industry-financed ghostwriting. And they are getting help from some members of Congress.
One thing that’s missing from this recovery is jobs. Where will they come from? Karen Finerman asks Secretary of Labor Hilda Solis.
It’s been four decades since the go-go years of the late 1960s, when hot mutual funds captured the imagination of investors by reporting performance that was too good to be true. It’s been so long that Bank of America seems to have forgotten what happened.
The Federal Reserve is preparing regulation that would see it veto banks' compensation policies if it believes they encourage bank employees to take too much risk, the Wall Street Journal reported Friday.
Karen Finerman sat down with Teamsters president James Hoffa and asked the union chief some pretty candid questions. What's his number one priority? Find out now!
The SEC will discuss rules to improve oversight of the credit rating industry as well as a proposed ban on flash trades—or buy and sell orders that exchanges send to a specific group of participants before revealing them publicly.
Treasury officials want to require the corporate owners of the nation’s 41 industrial banks to accept more rigorous regulation or be forced to sell or shut them down.
Speculation that the European Commission could order a breakup of Lloyds Banking Group is nonsense, but the possibility that the Commission could order the group to sell some assets should come as no surprise, a senior commission officer told CNBC Thursday.
The Federal Reserve is involved a broad review of commercial real estate exposures at the nation's largest regional banks, which Fed sources say is both the result of concern in that area but part of the "new normal" for how they will be supervising banks.
No one can know exactly what Finn M. W. Caspersen, a prominent philanthropist and the heir to the Beneficial Corporation fortune, was thinking when he decided to take his life on Labor Day. But he apparently harbored a secret: He was suspected of dodging many millions in federal taxes.
The rule book for Wall Street may not change that much after all.
Among the many changes sparked by the Wall Street crisis, none seems more galvanizing that the call to regulate derivatives.
Tips for cultivating marijuana. Testimonials by patients about its medical benefits. Cannabis cooking lessons. Even citations for award-winning strains of pot. Viewers here can now watch, every week, what amounts to a pro-weed news program.
The Street is awash with chatter about a potential trade war following a White House tariff on tires imported from China.
Congress will enact changes in financial regulation that will be "fair" and "pro-market," Rep. Barney Frank, (D-Mass.) told CNBC Monday.
One year on from the collapse of Wall Street giant Lehman Brothers, and the financial turmoil that quickly followed, investors looked back and considered what lessons had been learned and whether the problems were really solved.
The Federal Reserve must guard against excessive behavior in the financial industry to avoid another financial crisis, Stephen Roach, chairman of Morgan Stanley Asia, said Monday.
On Monday President Barack Obama will deliver a speech on Wall Street. What will he reveal?
Prior to the recession, major banks were hiding dubious assets off their balance sheets and stretching rules if not breaking them. Now, banks are resiusiting efforts to improve those rules and increase transparency.
Failure to address the underlying weaknesses in the banking system and some shortcomings in the package of regulatory reforms for the financial sector could result in a crisis relapse in the next few years.