Business
1 month 1 week ago
DUBLIN, Ireland -- A famed entrepreneur who was once rated Ireland's richest person was declared bankrupt Monday as a bank pursues him for debts exceeding Û2.1 billion ($2.7 billion).
Recent Business News
2 weeks 2 days ago
Nearly three-fourths of Americans expect to work after retirement, according to a recent Allstate/National Journal poll that examines the changing view of retirement in the wake of the financial crisis.
2 weeks 3 days ago
A Marine sergeant accused of hazing another Marine who later committed suicide in Afghanistan will go trial on Monday.
Sgt. Benjamin Johns has been charged with a wrongfully humiliating and demeaning Lance Cpl. Harry Lew, who killed himself on April 3.
2 weeks 3 days ago
The Sacramento Bee has fired a longtime photographer who editors say broke newspaper policy by digitally altering photos.
In a letter to readers Saturday (http://bit.ly/AkeS4y), the Bee says Bryan Patrick manipulated a photo published in the newspaper last Sunday.
2 weeks 3 days ago
It's the billion-dollar question in Alaska for 2012: Will this be the year Shell Oil begins large-scale offshore exploratory drilling in Arctic waters?
2 weeks 3 days ago
Underperforming money managers are losing their most reliable scapegoat.
Since the 2008 financial crisis, the nation's professional stock-pickers ? who manage billions for pension funds, endowments and wealthy families ? have said stocks were too stuck-together to build smart, market-beating portfolios.
2 weeks 4 days ago
Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, ?130 billion ($171 billion) bailout, and avoid bankruptcy.
2 weeks 5 days ago
Underperforming money managers are losing their most reliable scapegoat.
Since the 2008 financial crisis, the nation's professional stock-pickers ? who manage billions for pension funds, endowments and wealthy families ? have said stocks were too stuck-together to build smart, market-beating portfolios.
2 weeks 5 days ago
Underperforming money managers are losing their most reliable scapegoat.
Since the 2008 financial crisis, the nation's professional stock-pickers ? who manage billions for pension funds, endowments and wealthy families ? have said stocks were too stuck-together to build smart, market-beating portfolios.
2 weeks 5 days ago
NEW YORK ? A drop in the unemployment rate to its lowest in three years propelled the Dow Jones industrial average Friday to its highest close since before the 2008 financial crisis. The Nasdaq composite index hit an 11-year high.
The Dow jumped 156.82 points to 12,862.23, its highest mark since May 19, 2008, about four months before Lehman Brothers investment bank collapsed.
2 weeks 5 days ago
Congressional opponents of California's high-speed rail proposal are working to ensure that a new highway bill won't include more federal money for the project.
