Finance
-
Global growth boosts MasterCard 4Q net incomeJan 31, 2013 8:07 am - MasterCard’s net income rebounded strongly in the fourth quarter as its overseas business continued to expand, the company said Thursday. The results benefited by compar...
-
Fed says growth pause temporary, keeps up stimulusJan 31, 2013 5:44 am - WASHINGTON — The Federal Reserve said Wednesday that the U.S. economy “paused” in recent months because of temporary factors and reaffirmed its commitment to try to stim...
-
After online push, Gatorade to remove controversial ingredientJan 25, 2013 3:28 pm - NEW YORK — PepsiCo Inc. is removing a controversial ingredient from its Gatorade sports drink in response to customer complaints. Molly Carter, a spokeswoman for the com...
-
Exxon passes Apple as most valuable companyJan 25, 2013 3:21 pm - NEW YORK — Exxon has once again surpassed Apple as the world’s most valuable company after the iPhone and iPad maker saw its stock price falter. Apple Inc.’s stock has b...
-
S&P rating makes Illinois the country’s worst stateJan 25, 2013 2:26 pm - Illinois’ already disastrous financial situation worsened Friday as another credit rating agency downgraded its rating to the worst of any state in the country, blaming ...
-
Source: Morgan Stanley CEO will get a pay cutJan 25, 2013 5:38 am - NEW YORK — Morgan Stanley CEO James Gorman will get a pay cut for 2012. A person familiar with the situation says the bank plans to trim Gorman’s pay from its 2011 level...
-
ECB: banks to repay early $183 billion in loansJan 25, 2013 5:25 am - BERLIN — Banks in the eurozone will pay back early (euro) 137.2 billion ($183 billion) of the huge injection of cheap, three-year emergency loans they received from the ...
-
Top white-collar crime prosecutor getting SEC jobJan 24, 2013 7:51 am - WASHINGTON — President Barack Obama will nominate former U.S. attorney Mary Jo White, who built a reputation prosecuting white-collar crimes, to lead the Securities and ...
-
Cameron: I don’t want a country called EuropeJan 24, 2013 5:28 am - DAVOS, Switzerland — Britain’s Prime Minister David Cameron has slammed any moves to forge a United States of Europe. Cameron, who has shaken up Europe’s political lands...
-
IMF sees modest 2013 improvement for world economyJan 23, 2013 9:17 am - WASHINGTON — The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the Unite...