News and Finance

AIG reported a substantial fourth-quarter loss Friday, largely due to costs associated with selling off large stakes in its insurance businesses to reduce the […]

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India can gradually start raising interest rates as Asia’s third-largest economy is among the first to recover after the global financial crisis, the International […]

The Toronto stock market registered a solid advance Friday despite employment reports for December from Canada and particularly the United States that widely missed expectations.
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Fox Networks and Time Warner Cable announced an agreement Friday that will avert the disruption of Fox network programming to 15 million subscribers of […]

The Federal Reserve proposed a program to sell term deposits to banks to absorb some of the banking system’s $1 trillion in excess reserves […]

The City and County of Denver plans to buy the Crossroads Theatre in the Five Points neighborhood from owner/operator Kurt Lewis for an undisclosed amount.
The […]

Nike, Gatorade, Gillette and other sponsors said on Wednesday that they will continue their relationships with Tiger Woods, despite new reports of Woods’ alleged […]

In Somalia’s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock […]

Vertical marketing agency QuinStreet Inc. has registered with the U.S. Securities and Exchange Commission for an initial public offering of common stock.
Credit Suisse Securities LLC, […]

The mortgage meltdown has ravaged the finances of a crucial government agency tasked with propping up the housing industry.
The Federal Housing Administration’s reserve fund […]