Auditors, former executives, Barclays Bank, and Wall Street banks have copped a serve from a court-appointer examiner who probed the Lehman Brothers...

A surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the...

The American president told the U.S. Export-Import Bank in Washington he was launching a new strategy to improve...

San Francisco Federal Reserve Bank President Janet Yellen is expected to be nominated to become Ben Bernanke's...

Australia's biggest banks are gouging its customers, the Reserve Bank of Australia...

Sri Lanka will soon build a second international airport on the south of the island, with much of the money coming from...

There has been no agreement reached between British Airways and the Unite...

The US sales of Toyota vehicles declined nearly 9 percent in...

The Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local...

In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat...

Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's...

The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be...

The John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian...

A Russian company has gone to Argentina to increase its supply of...

Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last...

Gulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic...

A 76-year-old woman was hospitalized after being assaulted in a Wal-Mart restroom Thursday morning, and two men later were arrested and charged with aggravated robbery, according to a Bellmead police...

The latest volley in the takeover battle for Brooklyn Park-based medical start-up Medafor Inc. is a blunt letter from the jilted suitor, CryoLife Inc. The letter, to shareholders of Medafor and...

GMAC chief to get no cash salary this year The CEO of bailed-out auto finance giant GMAC Inc. will receive no cash salary for 2010 and will be compensated in restricted stock, under a deal approved...

NEW YORK - It is the Wall Street equivalent of a coroner's report -- a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal...

FILE - In this file photo taken Thursday May 25, 2006, a Chinese model uses a mobile phone to control a robot made by Chinese computer maker Lenovo at a high-tech exhibition in Beijing, China. Lenovo...

LOS ANGELES (MarketWatch) -- Historically, on average there have been two particularly auspicious times to buy stock each year. Right now is one of those times. We are very bullish on shares,...

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when...

aims to win a larger share of Asia's equity capital markets and to expand in Indonesia by getting a stockbroking licence, its Asia Pacific head said on...

March 12 (Bloomberg) -- Thai protesters began massing in Bangkok in their biggest challenge to Prime Minister Abhisit Vejjajiva’s 15-month-old government, risking clashes that may hamper the...

March 12 (Bloomberg) -- Japan’s central bank may seek next week to counter a contraction of its balance sheet caused by the month-end expiration of an emergency-credit program as deflation...

AFP )--Slain Islamist militant leader Dulmatin was buried in his Indonesian home village Friday, as a large crowd of mourners chanted "God is great" and hundreds of police stood guard. The crowd of...

LMT ) F-35 Joint Strike Fighter aircraft is still the "right choice" for the Australian defense force's next-generation air combat capability, despite being plagued by delivery delays and a...

TOKYO -(Dow Jones)- Thailand's Finance Minister Korn Chatikavanij said Friday that $1.4 billion of assets seized from former Prime Minister Thaksin Shinawatra would go into the state coffers,...

(Adds comments from Zimmer in fourth paragraph, details on knee sales in 10th paragraph.) Three surgeons on Thursday recommended against implanting a certain Zimmer Holdings Inc....

DETROIT/WASHINGTON (Reuters) - Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety...

The window of opportunity is closing for boutique bond trading firms to make a killing from market turmoil as big Wall Street banks regain their footing and rehire...

Following a series of recent scandals for the Democratic Party, Nancy Cordes reports Congressional leaders are aiming for ethical reform by banning earmarks for private...

President Barack Obama speaks at the Export-Import Bank's Annual Conference in Washington, Thursday, March 11, 2010. (AP Photo/Charles Dharapak) (AP) President Barack Obama is planning to nominate...

WARREN, Mich. — General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring...

EXXON Mobil Corp will increase capital spending nearly 4 per cent this year to US$28 billion in part as the largest US oil company seeks to increase its share of the global market for natural gas....

NEW YORK (AP) - Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China. ...

Federal authorities are investigating the business dealings of Denny Hecker stretching as far back as a decade, according to affidavits unsealed this week. The FBI affidavits, which relate to...

Target Corp.'s ties to Wells Fargo & Co. just got a little tighter. The Minneapolis-based retailer said Thursday that Wells Fargo CEO John Stumpf will immediately join its board of directors,...

SINGAPORE - Oil prices hovered above $82 a barrel Friday in Asia as investors mulled whether extending a monthlong rally is justified amid evidence of weak U.S. crude demand. Benchmark crude for...

Without reform, annual per employee health care costs for American companies will triple to nearly $29,000 by 2019 By Michael Hennigan, Founder and Editor of Finfacts Mar 12, 2010 - 4:03:40 AM ...

New York - JPMorgan Chase and Co and Citigroup Inc helped cause the 2009 collapse of Lehman Brothers Holding Inc by demanding more collateral and changing guarantee agreements, according to a report...

March 12 (Bloomberg) -- Japan’s Nikkei 225 Stock Average gained, set for its biggest weekly advance in three months, on optimism the yen will weaken amid speculation the central bank will...

(Adds consultant’s comment in sixth paragraph.) By Ranjeetha Pakiam March 12 (Bloomberg) -- Malaysia’s opposition leader Anwar Ibrahim said he is targeting the ruling party stronghold of...

March 12 (Bloomberg) -- Religare Enterprises Ltd., Indian billionaire Malvinder Singh’s financial-services company, hired Sutha Kandiah as head of global equity capital markets, the second...

If you want to learn how to dig yourself out of a deep hole, watch Greek Prime Minister George Papandreou. The 57-year-old socialist is urgently seeking some kind of financial backstop from other...

March 12 (Bloomberg) -- Microsoft Corp.’s Xbox 360 beat Nintendo Co.’s Wii and Sony Corp.’s PlayStation 3 last month to become the best-selling video-game console in the U.S. for...

HONG KONG -- Air China Ltd.'s shares in Hong Kong were up as much as 13% in resumed mid-morning trade Friday after the Chinese carrier announced fundraising plans involving the private placement of...

HOUSTON -(Dow Jones)- The U.S. economy is moving towards job creation as it sails out of the recession, White House economic advisor Lawrence Summers said Thursday. The economy is "very close to the...