New York: Protests against Wall Street spread across the country on Monday as demonstrators marched on Federal Reserve banks and camped out in parks from Los Angeles to Portland, Maine, in a show of anger over the wobbly economy and what they see as corporate greed. In Manhattan, hundreds of protesters dressed as "corporate zombies" in white facepaint lurched past the New York Stock Exchange clutching fistfuls of fake money....
02:55 AM, Oct 04, 2011
New York: Rising fears of another recession hammered US stocks on Thursday, sending major averages sharply lower in a return to the extreme fluctuations investors endured a week ago. New worries about the health of European banks set the tone before the market's open, and a dismal report on regional US manufacturing fueled a downward spiral in which the Dow dropped as much as 528 points, spurring a flight to...
07:34 AM, Aug 19, 2011
Washington: After one of the most volatile weeks in memory, US stocks ended higher on Friday in a tentative sign that the worst of the selling may be over. Volume was much lighter than on any other day of the week and intraday swings were far less violent than in previous days. Both signs suggested a drop in investor anxiety. Still, the market was down for the week and posted...
08:06 AM, Aug 13, 2011
New York: US stocks are tumbling amid a rout in global markets after Standard & Poor's downgraded the US credit rating for the first time. It cut the long-term debt rating for the US by one notch late Friday. The downgrade wasn't unexpected, but it comes when investors are already nervous about a weak US economy, European debt problems and Japan's recovery from its March earthquake. At the opening of...
07:08 PM, Aug 08, 2011
New York: Stocks closed out their worst week in more than two years on Friday in a volatile session that saw the major indexes whip back and forth before the S&P 500 ended down less than a point. More than 15.9 billion shares or more than twice the daily average volume traded in the busiest day in more than a year as investors plowed into cash-rich mega-cap stocks that had...
07:45 AM, Aug 06, 2011
San Francisco: There was an unmistakable echo of the dot-com boom Thursday on Wall Street. LinkedIn, a trailblazer in the online networking craze, went public with a roaring stock offering. Within minutes, shares were trading at twice the value set by the company. Buyers crowded the floor of the New York Stock Exchange, and financial news networks flashed LinkedIn's stock price urgently all day. By the closing bell, the company...
11:38 AM, May 20, 2011
Chicago: Boeing Co Chief Executive James McNerney's compensation was valued at $19.7 million in 2010, up 1.5 per cent from the previous year, as Boeing saw a rebound in commercial airplane orders, Boeing said in its proxy filing on Friday. The figure includes McNerney's salary, bonuses, stock and options award and changes to his pension. McNerney's annual bonus amounted to $4.4 million. Boeing and other aerospace companies are recovering from...
08:37 AM, Mar 19, 2011
Playboy magazine's sales have suffered heavily in recent years. ...
11:00 AM, Nov 13, 2009
According to the experts it is the end of America's worst recession. ...
12:39 AM, Oct 30, 2009
Some analysts thought the price tag of the deal may have been too high. ...
02:33 AM, Sep 22, 2009
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