NEW YORK, Feb. 24, 2010 (Reuters) — New York-based SkyBridge Capital is in advanced talks to purchase Citigroup Inc's $4 billion hedge fund business, according to the Wall Street Journal. ... > full story
NEW YORK, Feb. 24, 2010 (Reuters) — Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday. ... > full story
SEOUL/DETROIT, Feb. 24, 2010 (Reuters) — Hyundai Motor <005380.KS> will recall 47,000 of its new Sonata sedans to fix faulty door latches, seeking to avoid the damaging criticism Japanese rival Toyota Motor Corp <7203.T> faces for its handling of a series of safety problems. ... > full story
Feb. 24, 2010 (Reuters) — Blockbuster Inc has hired a law firm and an investment bank to explore how the video rental firm can cut its $1 billion debt load, the Wall Street Journal reported on Wednesday. ... > full story
WASHINGTON, Feb. 23, 2010 (Reuters) — Securities regulators are considering new short-sale restrictions with no exemptions for market makers, people familiar with the regulators' plans said on Tuesday. ... > full story
SEOUL/DETROIT, Feb. 23, 2010 (Reuters) — South Korea's Hyundai Motor has stopped U.S. sales of its 2011 Sonata sedan due to door lock issues, sending its shares down more than 4 percent on concerns it could become snared in a damaging recall crisis like Japanese rival Toyota Motor Corp. ... > full story
NEW YORK, Feb. 23, 2010 (Reuters) — Top executives at two of the five largest U.S. airlines said on Tuesday they are open to a merger, adding that the airline industry needs to consolidate to return to profitability. ... > full story
SAN FRANCISCO, Feb. 23, 2010 (Reuters) — The European Commission is considering complaints from three online companies regarding Google Inc's practices including its search rankings, the company said on Tuesday. ... > full story
NEW YORK, Feb. 23, 2010 (Reuters) — The Federal Deposit Insurance Corp may start selling bonds tied to the assets of failed banks as soon as next month, according to the Bloomberg news website. ... > full story
NEW YORK, Feb. 23, 2010 (Reuters) — New York Attorney General Andrew Cuomo on Tuesday said Oppenheimer & Co will restore $31 million to the accounts of customers who were stuck owning auction-rate securities that became illiquid. ... > full story
Copyright Reuters 2008. See Restrictions for more details.
Subscribe
Print
Email
Bookmark
