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6 minutes ago CHICAGO (Reuters) - General Electric Co (GE.N) said on Friday it had been notified by U.S. regulators that a civil complaint could be filed against the company following a more than three-year-long probe into its use of hedge accounting fo..
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By Bill Rigby and Laura Myers 28 minutes ago NEW YORK/EVERETT, Washington (Reuters) - Boeing Co's (BA.N) machinists prepared for a strike on Friday as the plane-maker and its largest union tried to hammer out a last-ditch deal on their latest three-year..
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38 minutes ago WASHINGTON (Reuters) - The U.S. Treasury Department is close to finalizing a plan to buttress mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N), the Wall Street Journal reported on Friday.
Citing people familiar with..
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By Svea Herbst-Bayliss Fri Sep 5, 11:51 AM ET BOSTON (Reuters) - A Citadel Investment Group LLC executive who ran an unprofitable credit investment group for the large hedge fund company has resigned, a person familiar with the matter said on Friday.
J..
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37 minutes ago NEW YORK (Reuters) - Continental Airlines Inc (CAL.N) said on Friday it will charge a $15 service fee for a first checked bag for certain customers who buy economy-class tickets.
The fee applies immediately to tickets bought for destinat..
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By Julie Haviv 1 hour, 30 minutes ago NEW YORK (Reuters) - U.S. home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the Mortgage Bankers Association said on Friday.
"The national foreclosure numbers..
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Fri Sep 5, 5:43 AM ET (Reuters) - Merrill Lynch & Co (MER.N), battered by more than $40 billion of write-downs tied largely to mortgages, will likely incur fresh write-downs, in addition to those assumed after its recent sale of repackaged debt to Lone..
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17 minutes ago NEW YORK (Reuters) - U.S. stock futures sharply extended losses on Friday as a government report showed the U.S. economy shed 84,000 jobs in August, significantly more than economists had expected, and the unemployment rate climbed to a 4..
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Fri Sep 5, 3:12 AM ET (Reuters) - Dell Inc (DELL.O) is trying to sell computer factories around the world in efforts to cut cost and improve profitability, the Wall Street Journal said.
In recent months, Dell has approached contract computer manufactur..
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8 minutes ago NEW YORK (Reuters) - Pacific Investment Management Co, the world's biggest manager of bond funds, named Mohamed El-Erian as its sole chief executive after co-CEO Bill Thompson retires at the end of the year.
El-Erian returned to Pimco as..
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25 minutes ago WASHINGTON (Reuters) - The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut payrolls for an eighth straight month and labor markets showed signs of accelerating d..
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2 hours, 37 minutes ago WASHINGTON (Reuters) - Securities regulators are locking horns with some of America's most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities...
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By Ros Krasny Thu Sep 4, 2:35 PM ET SALT LAKE CITY, Utah (Reuters) - U.S. economic growth will be "subpar" in the second half of the year and interest rates must be set at levels that reflect the "substantial headwinds" facing the economy, San Francisco..
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By Grant McCool 50 minutes ago NEW YORK (Reuters) - An indicted former Credit Suisse (CSGN.VX) broker was in U.S. custody on Thursday to face charges over deceptive sales of subprime-related auction-rate debt, the FBI said.
FBI officials said former br..
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1 hour, 21 minutes ago NEW YORK (Reuters) - Lehman Brothers Holdings Inc (LEH.N) is considering a plan to put some $32 billion of its commercial real estate and mortgage assets in a new company and spin it off, Bloomberg reported on its website on Thurs..
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Wed Sep 3, 5:03 PM ET WASHINGTON (Reuters) - Billionaire Kirk Kerkorian's Tracinda investment firm settled a regulator's allegations that it was misleading about its plan to cut its stake in General Motors Corp (GM.N), the U.S. Securities and Exchange C..
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1 hour, 13 minutes ago WASHINGTON (Reuters) - The U.S. futures market regulator is investigating whether companies are reporting false oil inventory levels to benefit their trading positions, The Wall Street Journal reported on Thursday.
The paper, quo..
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1 hour, 33 minutes ago NEW YORK (Reuters) - Department-store chain Mervyn's Holdings LLC has sued its former private-equity owners, saying the firms stripped out real estate then leased it back to Mervyn's at higher rates, pushing it into bankruptcy, ac..
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By Tom Bergin and Melissa Akin 1 hour, 26 minutes ago LONDON/MOSCOW (Reuters) - BP (BP.L) agreed a deal with the oligarch co-owners of TNK-BP on Thursday that overhauls the Russian oil major's management and sets a possible flotation of up to 20 percent..
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38 minutes ago NEW YORK (Reuters) - Private employers cut 33,000 jobs in August, according to a private report by ADP Employer Services released on Thursday.
The median of estimates from economists surveyed by Reuters was for the ADP report to show a d..
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