Taco Bell took a parting shot Wednesday at the law firm that questioned the beef content of the filling in the chain's tacos and burritos.
A top Justice Department official says a sweeping guilty verdict in a Florida mortgage fraud case adds another face to the financial crisis.
During the last 10 years the hedge fund industry has outperformed the market with less volatility, Simon Fludgate, partner at Aksia, a hedge fund research and advisory firm, told CNBC Tuesday.
After six weeks, testimony has concluded in the landmark insider trading trial of Galleon Group co-founder Raj Rajaratnam. Now, it will be up to attorneys for Rajaratnam and the government to persuade the jury in closing arguments, which are set to begin Wednesday.
Combine a number of countries into a currency union, and the voices of those proclaiming that sovereign default is akin to the arrival of the four horsemen of the apocalypse get louder.
European Union "passporting" rules allow banks from across the EU to operate in each other’s markets as "branches," subject to regulations in their home country rather than full-blown subsidiaries that would have to play by UK rules. The FT reports.
American banks should ringfence their riskier investment banking operations, according to a top financial regulator who wants the US to adopt restrictions similar to those proposed last week by Britain’s Independent Commission on Banking, the Financial Times reports.
CNBC's Eamon Javers with a look at secret tax havens for the wealthy and what the government plans to do about it.
The best solution to the problem of sleepy air traffic controllers is more sleeping on the job, scientists say. That would be a radical change for the Federal Aviation Administration.
Here’s my nomination for the worst recommendation by the Senate panel on the financial crisis: the proposal for the Securities and Exchange Commission to rate credit ratings agencies based on their “accuracy.”
An estimated half million Americans have a painful decision to make between today and August 31 — admit to the IRS that they’ve been hiding secret offshore bank accounts, or take their chances the government won’t find out about their secret horde and possibly send them to jail.
Back in 1997, Thailand commenced its own banking crisis. The conventional wisdom was that the Thai economy was too small to affect other countries in the region. Nevertheless, the Asian crisis was soon in full swing, bringing down governments and moving from South East Asia to the whole of the region.
In 2009, as the financial crisis entered its darkest days, G20 leaders descended on London for a meeting aimed at bringing the world economy back from the brink.
Nevada's gaming commission cleared the way on Tuesday for the state to begin drafting rules to regulate on-line poker, which is starting to get the backing of the state's brick-and-mortar community.
If clients weren't getting what they were looking for, they wouldn't be investing in hedge funds, says Leon Cooperman, chairman & CEO, Omega Advisors. Also, a discussion about what the funds are doing to generate fees, and revisiting Steinhardt's comments last week regarding Warren Buffett, charitable giving and David Sokol's departure from Berkshire. With Andrew Ross Sorkin.
The news that the Securities and Exchange Commission is considering raising the 500-shareholder limit on non-public companies and relaxing the general solicitation rules on selling unregistered securities was a welcome surprise.
The report from the UKs Independent Commission on Banking goes wrong by overestimating the competency of regulators.
The UK banking industry has begun to respond to the Independent Commission on Banking (ICB) interim report into the future framework within which they would have to work if they want to remain headquartered in the UK.
Britain's top banks are set to need more capital and ring-fence retail banking to shield taxpayers from another crisis in the most radical industry shake-up for decades, which may prompt some banks to leave.
How will Raj Rajaratnam's defense team counter all those undercover recordings of the hedge fund mogul receiving inside stock tips? By showing that the tipsters weren't telling him anything he didn't already know.