Grasso Welcomed Back to NYSE With Open Arms
Exclusive: NYSE CEO Duncan Niederauer has extended an invitation to Grasso to attend the Big Board’s commemoration of the 10-year anniversary of the Sept. 11 terrorist attacks.
No, We Are Not a Nation of Hamburger Flippers
Emac: Is hamburger flipping becoming the predominant trait of America's labor force like last month's payroll data suggest, or will the nation turn back to its manufacturing roots?
Pay for Delay: U.S. Says Drugmakers Block Cheaper Generic Rivals
The FTC has found an 'unprecedented' jump in drug industry 'pay for delay' deals that stall consumer access to cheaper generic drugs.
CFOs Say Cut Spending, Don't Raise Taxes to Reduce Deficit
Even the smartest calculators in the room, corporate CFOs, say cutting spending, and not raising taxes to, is the way to go to pare back the U.S. federal deficit.
DOJ, SEC Asked to Probe Whether Goldman Lied, Defrauded Clients
Two U.S. Senators have formally asked the Justice Department and the Securities and Exchange Commission to investigate whether Goldman Sachs’ executives defrauded clients and whether its executives including CEO Lloyd Blankfein committed perjury before Congress.
Management Changes Likely at IMG Following Forstmann's Illness
IMG is contemplating a corporate change in light of disclosures that Teddy Forstmann was operated on for a brain tumor, sources say.
Blankfein to Battle Angry Shareholders
Emac: Perjury charges, government probes, Catholic nuns, fat cat pay. Goldman Sachs faces its most contentious annual meeting in its history as Wall Street’s most powerful firm.
Ted Forstmann Being Treated for Brain Cancer
Ted Forstmann has been in many corporate battles over the past four decades as one of Wall Street’s premier deal makers, but now he finds himself in what may be the biggest battle of his life.
How Much Did the U.S. Give Pakistan?
Media reports suggesting the U.S. gave Pakistan $19 billion since 9/11 underestimate what taxpayers gave.
Top Senate Democrat Questions Aid to Pakistan
A top Democrat member of the powerful Senate Appropriations committee said lawmakers should reconsider U.S. foreign aid to Pakistan until questions have been answered about whether Pakistan knowingly harbored 9/11 terrorist Osama bin Laden.
Taxpayers on the Hook for BP's Gulf Spill
Taxpayers are picking up part of the tab for BP's disastrous oil spill in the Gulf of Mexico last year, but a top Senator is moving to stop it.
SEC Told Nasdaq to Clarify NYSE Remarks Last Week
The SEC told Nasdaq officials to issue a statement last week to clarify remarks made by its CEO on the DOJ's approval of a potential NYSE deal.
Nasdaq Offered to Give Up NYSE Listings Business to Get Deal Done
The move was unusual because the conventional wisdom held that the Nasdaq wanted to keep and expand the NYSE's listings business, which is where companies pay as much as $500,000 to hold the imprimatur of the NYSE on their shares and be designated an NYSE-listed stock.
Goldman CEO Blankfein's Fate in Hands of DOJ
Wall Street is betting that Goldman Sachs CEO Lloyd Blankfein’s fate is in the hands of the U.S. Justice Department.
After NYSE Loss, Greifeld May Have New Plan of Attack
Gasparino: Fresh off his failed attempt at taking over the New York Stock Exchange, Nasdaq chief executive Robert Greifeld is looking for a consolation prize, sources tell the FOX Business Network.
Moody's Threat of US Downgrade Departure from S&P's Warning
Compare and contrast the downgrade threats from Moody's Investor Services today with Standard & Poor's warning back in April. You'll see Moody's cites the debt ceiling fight in Washington, whereas S&P assiduously does not.
City Dwellers Got $394 Million in Farm Subsidies, Watchdog Group Says
An estimated 90,000 people living in 350 cities and towns across the country got nearly $400 million in taxpayer-funded crop subsidies last year, says a top environmental watchdog group.
EPA Gives Millions of Tax Dollars to Foreign Governments to Battle Pollution
At a time of rising joblessness and possibly higher taxes to fight the deficit, why is the Environmental Protection Agency (EPA) continuing to spend tax dollars on anti-pollution programs in countries like Canada, Mexico, Russia, China and India?
America's Next Crop of Entrepreneurs, from Junior Achievement
These high school kids are going to smoke the competition once they get out into the real world.
Taxpayers on the Hook for Retiree Costs for Federal Contractors
A surprising new GAO report shows that taxpayers have been footing the bill for retiree costs not just for federal workers, but for independent freelance contractors who do work for the government as well. And no one is watching the store to see if your tax dollars are being wasted.