Shelling out a $25 billion penalty is certainly painful. But it is something bank-stock investors may be able to grin and bear. The reason: The foreclosure-abuse settlement agreed on Thursday among banks, state attorneys general and the ...
By Scott Denne from WSJ's Venture Capital Dispatch blog. More than a decade ago, IBM spent the dot-com boom making sure it made money selling to start-ups. In the current tech boom, it says there's more to gain from partnering with the ...
Do you think you're being sidelined at work? Is someone else getting all the major assignments, rather than you? If so, you might want to rethink your working style and your relationship with your boss.
The latest project of Hyatt hotel heir Anthony Pritzker is a 49,300-square-foot building designed by an architecture firm in Paris. It involves a small army of specialized consultants and boasts amenities like a bowling alley, hairdressing ...
ATHENS—Clashes broke out in central Athens Friday as Greece's major unions launched a 48-hour nationwide strike to protest new austerity measures demanded by the country's creditors, adding to social tension in a country now in its fifth ...
Unrest Flares on Streets of Athens Protesters clashed with riot police during a general strike in Athens on Friday. A demonstrator confronted riot police during protests against planned reforms by Greece's coalition government.
FRANKFURT (MarketWatch) — Global investor risk appetite weakened Friday as it became clear that final approval of a second Greek bailout necessary to avoid a messy default will be delayed until next week, after euro-zone finance ministers ...
The $25 billion settlement with banks over alleged foreclosure abuses will provide financial relief to an estimated one million at-risk borrowers, raising new hopes for an economy still hurting from the mortgage bust.
LONDON (MarketWatch) — European stock markets tumbled Friday, with banks driving losses as uncertainty over Greece intensified after euro-zone finance ministers held off on approving Greece’s second bailout late the previous day.
PARIS—Exchange operator NYSE Euronext said Friday it was well positioned for 2012 and beyond despite a tough near-term outlook for trading volume and currencies, as it reported a 19% fall in fourth-quarter net profit.
MUMBAI – Indian financial services company Reliance Capital Ltd. Friday reported a 43% drop in third-quarter net profit, hurt by higher interest costs and a loss in its general insurance business.
When Diamond Foods Inc. bought Pop Secret from General Mills Inc. in 2008, Chief Executive Michael J. Mendes called several hundred employees together at the nut company's offices in rural Stockton, Calif., and laid out his vision for ...
The euro might be discounting Greece, but it can't afford to discount the Greeks. For the last few weeks the single currency has remained firm as liquidity injections, known as LTROs, from the European Central Bank have helped to lower the ...
BEIJING—China's trade surplus expanded sharply in January as imports slumped, but economists said the data released Friday were likely distorted by the Lunar New Year holiday.