Warren Buffett has been moving his personal investments from safe Treasuries into U. S. stocks, he wrote in an opinion piece in Friday's New York Times.
As big-name advertisers look to extend household favorites outside of the U.S., a recent study by AlixPartners revealed that in China, consumers actually prefer domestic brands to foreign brands.
The global financial crisis inflicted more pain Friday on a wide range of corporate sectors, prompting heavy losses in stock markets, while the IMF readied a rescue of some 200 billion dollars for debt-laden ...
HBOS's shares tumbled 18 per cent yesterday, raising fresh questions about Lloyds TSB's 5.2 billion all-share offer for the troubled lender.
The financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher.
The Democratic Party plans to file a complaint with federal regulators that accuses Republican John McCain's presidential campaign of various violations of campaign finance law.
In a letter to the Federal Election Commission to be submitted Monday, the Democratic National Committee alleges McCain has received donations from 6,653 individuals who exceeded the legal $2,300 limit by at least $1,000 and 23 donation in excess of $50 from anonymous donors. The DNC cited one donor who appeared to have given more than $56,000.
Asian and European leaders closed ranks on Saturday to try to bolster the confidence of shell-shocked investors fearful that the year-long global credit crunch is mutating into a worldwide recession.
West Bancorporation Inc. said Friday it plans to authorize a class of preferred stock so it may participate in the U.S. Treasury's plan to buy stock in banks.
The advice from financial experts has been painfully repetitive during weeks of decline in the markets: A bottom should be near.
The chief executive of General Electric Co. said Friday that the company is cutting costs as it braces for a difficult 2009, the Wall Street Journal reported on its website.
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