Tagged: News event

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Coverage: U.S. stocks erase gains

Stock market investors might be suffering from whiplash these days. The dollar is gaining in value, sending markets down and stocks giving up their gains from last year. Joseph Ciolli, Oliver Renick and Michelle...

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Coverage: New CEO at Credit Suisse

After weathering the financial crisis, Brady Dougan is now finding himself under scrutiny and is likely to be replaced by Tidjane Thiam, CEO of Prudential insurance. Swiss banks are coming under fire these days...

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Coverage: ECB ready to start stimulus

The European Central Bank will began buying bonds on Monday, but the bigger news is that the European economy seems to be improving. The Wall Street Journal story by Brian Blackstone had these details:...

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Coverage: Citigroup sells subprime unit

Citigroup agreed to sell its subprime lending unit for $1 billion, exiting the market that brought it so much pain during the financial crisis. Dakin Campbell and Matthew Monks had these details for Bloomberg:...

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Coverage: Fed sets stage to hike rates

Federal Reserve Board Chair Janet Yellen may have added some confusion into the debate over when the Federal Reserve will raise rates during her testimony to the Senate Banking Committee. She’s certainly making sure...

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Coverage: Honda CEO steps down

After several years of recalls and other issues, Honda’s chief executive officer is being replaced with what some are calling a low-level engineer. He’s certainly an unknown to run one of the world’s largest...