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Ex-Goldman director set for insider trading trial

Sunday, 20 May 2012 05:16 Financial Resources - Economy and Government
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Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
 

Postal Service's next deadline: Aug. 1

Friday, 18 May 2012 14:30 Financial Resources - Economy and Government
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The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.
 

Vacation? No thanks, boss

Friday, 18 May 2012 02:23 Financial Resources - Economy and Government
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Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don't seem to mind.
 

Paying companies to hire the unemployed

Friday, 18 May 2012 02:20 Financial Resources - Economy and Government
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Would you donate $6,000 to subsidize someone else's job?
 

Greek banks strain for cash

Friday, 18 May 2012 02:01 Financial Resources - Economy and Government
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The Greek financial system is straining hard for cash.
 
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Yahoo Stock Quote

 
 ^IXIC^GSPC^FTSE
Date 5/18/20125/18/20125/18/2012
Time 5:30pm ET4:33pm ET11:35am ET
Trade 2,778.791,295.225,267.62
Change -34.90-9.64-70.76
% Chg -1.24%-0.74%-1.33%
Open 2,814.431,305.055,338.38
High 2,827.281,312.245,338.38
Low 2,774.451,291.985,256.61
Volume 0975,332,2240
Intraday 
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World News

Italy quake kills at least six, damages historic buildings

SANT' AGOSTINO, Italy (Reuters) - A strong earthquake in northern Italy killed at least six people, injured dozens and damaged historic buildings including a famed mediaeval castle early on Sunday, wa...
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US News

Mom with flesh-eating disease had seven operations: brother

CHARLESTON, South Carolina (Reuters) - A 36-year-old new mother of twins who is suffering from a "flesh-eating" bacterial infection has undergone a series of operations to remove dead or damaged tissu...
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Top Stories

In the US, Chinese activist Chen Guangcheng's influence could wane - CBS News


CBS News
In the US, Chinese activist Chen Guangcheng's influence could wane
CBS News
(CBS News) Chinese dissident Chen Guangcheng spent his first full day in America inside a housing complex in downt...
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Health

River Ranch expands original recall, includes Giant Eagle - WKYC-TV


WKYC-TV
River Ranch expands original recall, includes Giant Eagle
WKYC-TV
Sunday afternoon, River Ranch expanded its original Friday recall of products by the "Buy By" dates and also added a fe...
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General Business

Facebook shares could fall below IPO price: Barron's

(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition.
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SciTech

Solar eclipse 2012: How to view a solar eclipse - Los Angeles Times


CTV.ca
Solar eclipse 2012: How to view a solar eclipse
Los Angeles Times
The simplest way is to project the eclipse on a surface, so you don't look at the sun directly. One easy method: using a hand ...
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Sports

Coyotes force Kings to face adversity - ESPN


USA TODAY
Coyotes force Kings to face adversity
ESPN
By Pierre LeBrun | ESPN.com LOS ANGELES -- During a quiet moment after practice Saturday, Ray Whitney shared a few thoughts away from the cameras and ...
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Entertainment

Billboard Music Awards 2012: Watch the Red Carpet and Backstage Live (Video) - Hollywood Reporter


Hollywood Reporter
Billboard Music Awards 2012: Watch the Red Carpet and Backstage Live (Video)
Hollywood Reporter
Get a front seat look at the performers' arrivals and the behind the scenes on the c...
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US Markets

Stocks: Storm clouds still gathering over Greece

Facebook is finally public, but that won't solve Greece's problems.
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Economy and Government

Ex-Goldman director set for insider trading trial

Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
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International Finance

U.S. stocks: Worst week of the year

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy ...
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Commodities

An Extraordinary Time to Be in the Driver's Seat: Aaron Kennon (IB Times)

Share With Friends: | | Business - Finance - Commodities Stories , RSS Feeds and Widgets via Feedzilla.
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Currencies

Will Greece Be Able to Print Drachma in a Rush?

If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that "new drachma" currency notes might not be printed in time.
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Mergers & Aquisitions

PRESS DIGEST - Sunday British Business - May 20

LONDON, May 20 (Reuters) - The following business stories were reported in British newspapers on Sunday:
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Investing Strategies

China Stocks are Expected to Weaken Further

China stocks are expected to weaken further after losing 2.1 percent last week.
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Investing Ideas

The Scoup on IPOs

Cramer explains the little-known mechanics of these popular deals.
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Banking

Discord at Key JPMorgan Unit Is Faulted in Loss

Trans-Atlantic tension in JPMorgan Chase’s chief investment office in 2010 and 2011 contributed to the unit’s giant losing trades in 2012, current and former bankers said, The New York Times reports.
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Mortgages

Mortgage Rates Lower Still, But Progress Is Slow

Mortgage Rates  improved marginally from yesterday's new all-time lows.  Without any major scheduled events to digest, bond markets were left to their own devices and paid a decent amount of a...

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Treasuries

US Bond Yields Hover Near Lows on Euro Zone Worries

U.S. Treasury yields inched higher on Friday, but were still near their lowest levels since September on fears that Greece could leave the euro zone and after Moody's cut the credit ratings of a large...
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Interest Rates

The Week That Was

CNBC's Sue Herera looks back at the week's top business and financial stories.
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Real Estate

Far East buyers beware in London property rush

LONDON (Reuters) - When Hong Kong businessman Mr. He paid a 35,000 pound ($56,000) deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his lawyer s...
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Federal Reserve

Money In Motion, May 18, 2012

A detailed look at currency trading, with CNBC's Brian Sullivan and the Money In Motion traders.
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Hedge Funds

Hedge Fund Elite: What Our 'Best Ideas' Are Now

Once a year, top hedge fund managers get together at a charitable event and share their "best ideas" with hundreds of wealthy investors who pay thousands of dollars to rub shoulders with them.
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Top 5 Up Unusual Volume

18 May 2012 16:00:00 - Top 5 Stocks up on Unusual Volume

  Intraday Unusual Volume - Top 5 Up
Symbol Volume %
Change 		Price %
Change 		News
  SCVL 129%  21.72% news
  YHOO 105%  15.42% news
  MIDD 101%  99.95% news
  BLKB 100%  26.22% news
 ...
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Video Feeds

Merkel's "referendum comment" irks Greeks

May 19 - Greeks are upset with a report that German Chancellor Angela Merkel suggested the country hold a referendum on euro zone membership. Andrew Raven reports.
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Opinion

Pouch.com

If you’re looking for a purse that can keep up with your busy, non-stop life, the iPurse is the purse. Women are busier now than they’ve ever been before, pursuing more education, careers and bal...
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Fashion Report

Take your fashion quotient to zenith with iPurse Pouch

The modern woman has needs that can only be met by modern and chic things. For instance, just imagine an active working woman carrying a big tote bag or a young lady hitting the bar sporting an old, c...

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