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| Latest financial News |
Economists see wasted crisis, urge reform financial reform
Two top economists worry that Washington is wasting the financial crisis, squandering a chance to prevent a repeat of Wall Street's 2008 meltdown.
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Fed recovers, gets new look as financial regulator
The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions.
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Geithner vows to continue financial stabilization
Treasury Secretary Timothy Geithner on Tuesday said the Obama administration's strategy to halt recession and contain the financial crisis has been effective, but vowed to continue stabilization efforts.
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Rio Discusses Ventures With Chinalco, Financial Review Says
March 11 (Bloomberg) -- Rio Tinto Group is in talks with Aluminum Corp. of China about potential joint ventures, the Australian Financial Review reported.
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Western Australia Rules Out Health Deal, Financial Review Says
March 11 (Bloomberg) -- Western Australia Premier Colin Barnett, the country’s only Liberal state leader, ruled out allocating goods and services tax proceeds to fund hospitals before next month’s Council of Australian Governments meeting, the Australian Financial Review reported.
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Former Rock Financial exec David Hall forms mortgage firm
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a new mortgage company in Birmingham called Hall Financial.
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AGL May Ally With Shell After Arrow Bid, Financial Review Says
March 11 (Bloomberg) -- AGL Energy Ltd. may join Royal Dutch Shell Plc in a liquefied natural gas project in Australia’s Queensland state if Shell’s bid for Arrow Energy Ltd. succeeds, the Australian Financial Review said.
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Fed recovers, gets new look as financial regulator
The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions. Senate negotiators are considering... Federal Reserve System - Bank - Financial services - United States - Finance
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| World News In Brief |
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The World's Billionaires
Carlos Slim Helu takes the No. 1 spot on Forbes' annual list of the world's richest as a record 164 billionaires return to the ranking amid the global economic recovery.
Bill Gates No Longer World's Richest Man
Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery.
Mexican mogul Slim edges out Gates as world's richest person
Forbes magazine released its annual list of the world's richest people Wednesday, and for only the second time since 1995, Microsoft founder Bill Gates' name was not at the top.
Women's World Cup Downhill Results
GARMISCH-PARTENKIRCHEN, Germany (AP) -- Results Wednesday of the final women's World Cup downhill of the season: 1. Maria Riesch , Germany , 1 minute, 34.82 seconds. 2. Lindsey Vonn , United States , 1:35.30. 3. Anja Paerson , Sweden , 1:35.95. 4. Nadja Kamer , Switzerland , 1:36.04. 5. Julia Mancuso , United States, 1:36.13. 6. Johanna Schnarf , Italy , 1:36.17. 7. Nadia Styger , Switzerland, 1 ...
Men's World Cup Downhill Results
GARMISCH-PARTENKIRCHEN, Germany (AP) -- Results Wednesday from the final men's World Cup downhill of the season: 1. Carlo Janka , Switzerland , 1 minute, 58.45 seconds. 2. Mario Scheiber , Austria , 1:58.47. 3. Patrick Kueng , Switzerland, 1:58.52. (tie) Erik Guay , Canada , 1:58.52. 5. Hans Grugger , Austria, 1:58.56. 6. Werner Heel , Italy , 1:58.58. 7. Manuel Osborne-Paradis , Canada, 1:58.60 ...
Mexico's Slim named 'world's richest' person
Mexico's Carlos Slim, the son of an immigrant shopkeeper who amassed a $53.5 billion fortune and bought a major stake in the New York Times, became the first person from a developing nation to be named the world's richest person.
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