"Wallstreet" Reader |
- Probe Into Inside Trades at FDA Grows
- Asian Shares Mixed Before US Jobs Data
- Groupon to Gauge Limits of IPO Mania
- Wisconsin Issuer Roils Muni Field
- SEC Probes China Auditors
- Fiat Has U.S. Share Deal
- Goldman Slapped With a Subpoena
- NBC Hires Former NPR CEO Schiller
- Facebook: Ceglia Emails Are Forged
- Chevron Bears Down in Gulf
- WaMu Wins Retiree-Savings Fight
- Continental, US Airways Are Fined
- Madoff Employee to Plead Guilty
- Reinsurers Reconsider Rates in Florida
- New York Times Picks New Editor
- WPP Keeps Full-Year View
- Borders Given More Time
- Big Banks on Downgrade Watch
- May Retail Sales Favored High End
- Jobless Claims Remain Elevated
| Probe Into Inside Trades at FDA Grows Posted: 02 Jun 2011 05:42 PM PDT A federal probe into insider trading at the FDA, which has focused on an agency chemist, is expanding to look at other government employees.       |
| Asian Shares Mixed Before US Jobs Data Posted: 02 Jun 2011 07:22 PM PDT Asian stock markets were mixed on caution ahead of a key U.S. jobs report, while ongoing political concerns in Japan undermined the Tokyo market. Japan's Nikkei Stock Average was down 0.2%.     |
| Groupon to Gauge Limits of IPO Mania Posted: 02 Jun 2011 07:27 PM PDT Groupon filed to go public in a deal that could value the e-commerce company at as much as $20 billion, a hotly anticipated offering that could test the strength of a tech-investing frenzy.     |
| Wisconsin Issuer Roils Muni Field Posted: 02 Jun 2011 06:09 PM PDT Public Finance Authority of Wisconsin has an increasing but controversial toehold in the municipal-bond market. Such so-called conduit financing deals add up to about 30% of all municipal bonds issued.     |
| Posted: 02 Jun 2011 07:34 PM PDT The SEC is investigating some accounting firms over their audits of Chinese companies whose shares trade in the U.S., and the inquiry is expected to lead to enforcement cases, people familiar with the situation said.     |
| Posted: 02 Jun 2011 07:22 PM PDT Fiat has an agreement to buy the U.S. Treasury's remaining 6% stake in Chrysler, putting itself in a position to acquire most or all of the company's shares held by others.     |
| Goldman Slapped With a Subpoena Posted: 02 Jun 2011 04:07 PM PDT Goldman Sachs received a civil subpoena from the Manhattan district attorney requesting information related to a U.S. Senate report on its business dealings.     |
| NBC Hires Former NPR CEO Schiller Posted: 02 Jun 2011 07:05 PM PDT NBC News said Thursday that it had hired Vivian Schiller, who quit as chief executive of NPR in March, to a new role overseeing the news unit's digital strategy.     |
| Facebook: Ceglia Emails Are Forged Posted: 02 Jun 2011 06:20 PM PDT Facebook fought back in court against a man who claims he is entitled to a large stake in the social-networking company, saying the documents at the heart of the case are an "amateurish forgery."     |
| Posted: 02 Jun 2011 06:31 PM PDT Chevron plans a prodigious increase in world-wide output by 2017, even as it navigates an array of new regulations that have slowed oil drilling in the U.S. Gulf of Mexico, one of its main theaters of operation.     |
| WaMu Wins Retiree-Savings Fight Posted: 02 Jun 2011 01:37 PM PDT Washington Mutual, the former parent of the thrift that went under in the largest banking collapse in U.S. history, has won a court fight to hang on to $69 million in retirement savings of Home Savings of America employees.     |
| Continental, US Airways Are Fined Posted: 02 Jun 2011 12:17 PM PDT The Transportation Department fined Continental Airlines $120,000 and US Airways $45,000 for violating rules barring deceptive price advertising.     |
| Madoff Employee to Plead Guilty Posted: 02 Jun 2011 04:23 PM PDT Eric S. Lipkin, a second-generation employee of Bernard Madoff, is expected to plead guilty to criminal charges next week and cooperate with prosecutors trying to pursue cases against other individuals.     |
| Reinsurers Reconsider Rates in Florida Posted: 02 Jun 2011 11:56 AM PDT The price reinsurers charge for disaster protection in Florida has suddenly become wildly variable, a result of a shift in how the industry measures potential hurricane losses and a long roster of recent natural catastrophes.     |
| New York Times Picks New Editor Posted: 02 Jun 2011 07:06 PM PDT The New York Times named managing editor Jill Abramson to succeed Bill Keller as executive editor.     |
| Posted: 02 Jun 2011 11:30 AM PDT Advertising giant WPP said organic revenue grew 6.2% in the first four months of the year and confirmed its full-year outlook as growth remained strong during the spring.     |
| Posted: 02 Jun 2011 10:46 AM PDT A judge gave Borders Group more time to control its bankruptcy case, as the bookseller argued that it is close to a deal to sell most or all of its stores     |
| Posted: 02 Jun 2011 04:04 PM PDT Moody's placed the debt ratings of Bank of America, Citigroup and Wells Fargo on review for possible downgrade.     |
| May Retail Sales Favored High End Posted: 02 Jun 2011 07:34 PM PDT Upscale merchants as well as retailers that sell gasoline reported strong sales growth in May but the momentum of many other U.S. retailers waned.     |
| Jobless Claims Remain Elevated Posted: 02 Jun 2011 09:27 AM PDT Initial unemployment claims fell by 6,000 in the latest week but remain elevated, a sign of the persistent weakness of the economy.     |
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