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» Ally settlement may be a boon for ResCap bondholders  NEW YORK (Reuters) - While bond insurers MBIA Inc and FGIC Corp receive the lion's share of Ally Fin ... » Analysis: Markets face rough summer ride as Fed pullback feared  NEW YORK (Reuters) - For the past few months, the U.S. Federal Reserve has been squarely in the fina ... » SAC lawyers met prosecutors to argue against charges  NEW YORK (Reuters) - Steven A. Cohen's lawyers made their best case argument a month ago to federal ... » U.S. sees first drop in F-35 costs; other programs steady  WASHINGTON (Reuters) - The Pentagon on Thursday told Congress it expected a 1 percent drop in the co ... » Google faces new federal antitrust probe: source  WASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Go ... » Former Goldman banker settles SEC 'pay-to-play' charges  WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a f ... » Sears losses mount as cold weather bites, shares down  (Reuters) - U.S. retailer Sears Holdings reported a bigger-than-expected quarterly loss as cooler we ... » Proxy advisory firm settles SEC charges over data breach  WASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S. regulato ... » NYSE says AEP, NextEra trades stand after crash at open  NEW YORK (Reuters) - All trades in American Electric Power Inc and NextEra Energy Inc in a crash tha ... » Icahn seeks up to $7 billion for Dell bid  NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiat ... » Gap profit soars; Aeropostale first quarter sales plummet  (Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-sto ... » Wall Street sags, but ends off session lows; HP hits 52-week high  NEW YORK (Reuters) - Stocks slipped on Thursday but finished sharply off their session lows as a ral ... » Sprint, SoftBank complete U.S. state regulatory review process  NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessar ... » Pentagon sees slight drop in F-35 acquisition costs: sources  WASHINGTON (Reuters) - The Pentagon's annual report to Congress shows a decline of $4.5 billion, or ... » Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye  DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc , both led by media-savvy executives, ar ... » Goldman unveils checks on conflicts in bid to fix image  SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of ... » U.S. prosecutors sought testimony from top SAC executives: WSJ  NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 ... » JPMorgan names Barry Sommers to head consumer bank  (Reuters) - JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its ser ... » EU denies breakdown in solar panel talks  BRUSSELS (Reuters) - The European Commission rejected Chinese trade association statements that talk ... » Ally to pay $2.1 billion to settle claims tied to ResCap  (Reuters) - Ally Financial Inc agreed on Thursday to pay $2.1 billion to settle legal claims tied to ... » Elan rejects Royalty's $6.4 billion raised offer  DUBLIN (Reuters) - Elan rejected Royalty Pharma's increased $6.4 billion bid on Thursday, shortly af ... » Large U.S. retailers sue Visa, MasterCard over card fees  (Reuters) - A group of U.S. retailers, including Macy's Inc. and Target Corp. , sued Visa Inc. and M ... » Ride-share service Lyft raises $60 million from venture capital firm  SAN FRANCISCO (Reuters) - Ride-sharing service Lyft said it had raised $60 million from venture-capi ... » Jobs, housing data show economy has some muscle  WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last ... » Glencore says Iran metals swap deals did not violate sanctions  UNITED NATIONS (Reuters) - Swiss-based commodities giant Glencore Xstrata said on Thursday that it h ... 
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