Posted by Reuters: Business News on August 23, 2011
SYDNEY/BANGALORE (Reuters) – The chief of Standard & Poor’s will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S. government debt and sparked a row with Washington.
Posted by Reuters: Business News on August 1, 2011
NEW YORK (Reuters) – Stocks turned negative on Monday after data showed the pace of growth in the manufacturing sector slowed more than expected in July and on concerns the country’s credit rating may still be downgraded despite a last-ditch debt deal in Washington.
Posted by Reuters: Business News on July 27, 2011
NEW YORK (Reuters) – Wall Street fell on Wednesday as troubling signs from U.S. corporations and falling demand for long-lasting manufactured goods discouraged investors already nervous about faltering debt talks in Washington.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Wall Street skidded on Wednesday as troubling signs from U.S. corporations and falling demand for long-lasting manufactured goods discouraged investors already nervous about faltering debt talks in Washington.
Posted by The Distressed Debt Report on June 20, 2011
Law firm DLA Piper hired Eric Geppert as a partner in the firm's corporate practice in Washington. …
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Posted by Reuters: Business News on June 5, 2011
TOKYO (Reuters) – French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.
Posted by Reuters: Business News on May 12, 2011
NEW YORK (Reuters) – Stocks advanced on Thursday as oil prices edged higher and President Barack Obama and Senate Republicans agreed on the need to raise the national debt ceiling in a sign of progress on the issue in Washington.
Posted by Reuters: Business News on May 8, 2011
WASHINGTON (Reuters) – Former Federal Reserve Chairman Paul Volcker warned on Friday that trillion-dollar deficits posed a threat to the stability of the U.S. economy and the dollar, and said he is frustrated by the gridlock in Washington.
Posted by Reuters: Business News on June 11, 2010
NEW YORK (Reuters) – Goldman Sachs Group Inc’s mounting legal and regulatory woes stemming from the firm’s sale of subprime mortgage-linked securities are turning into gold for a growing number of lawyers in New York and Washington.
Posted by Reuters: Business News on May 20, 2010
BEIJING (Reuters) – Europe’s debt crisis has laid bare the fragility of global finances and the United States, too, must tame its fiscal deficit, a senior Chinese official said on Thursday, spelling out Beijing’s concerns before talks with Washington.
