Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations. Charter had wanted to buy Time Warner Cable Inc. earlier, but Time Warner Cable chose a $45 billion offer from Comcast Corp. instead. Comcast walked away from the Time Warner Cable deal after regulators pushed back...» Read More
The Securities and Exchange Commission voted unanimously to propose tightening restrictions intended to combat manipulative short selling ahead of stock offerings.
Hedge funds are heading into a rough few weeks. Many funds are looking at some pretty average returns this year--and if that's not bad enough--the industry faces U.S. Congressional hearings starting tomorrow on regulations and insider trading. William Galvin is Secretary of the Commonwealth of Massachusetts...
U.S. capital markets can be made more competitive globally by reducing regulation and exposure to litigation for companies, a panel of businessmen and academics linked to the Bush administration said in a report released Wednesday night.