The domestic investment arm of China's sovereign-wealth fund said Friday it will allow three major Chinese lenders in which it owns stakes to cut their dividend ratios by 5 percentage points to 35% in 2011.
Goldman Sachs Group Inc. (GS) granted Chief Executive Lloyd Blankfein restricted stock valued at $7.2 million as of Friday's close as part of his 2011 compensation.
DOW JONES NEWSWIRES
Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers, including the Federal Reserve Bank of New York.
Midwest spot gasoline pricing discounts narrowed on Friday after news of the unplanned shutdown of a key gasoline-making unit at BP's (BP, BP.LN) refinery in Whiting, Ind.
One is a local crafter who specializes in hand made baby clothes. Another is a state department employee by day and talent agent on the side.
Ashok Kumar, senior technology analyst at the Maxim Group, talks about the legacy of Micron Technology Inc.
Report after report points to AT&T marrying Dish Network after Ma Bell's forced breakup with T-Mobile , but given the companies' increasing belligerence, you wouldn't think that was the case.
Mayfield Fund's managing director Tim Chang is obsessed with the whole quantified self movement, where people use gadgets to keep track of their health and fitness.
"Middling" takes place when a book loses to both sides of the betting market, as was the case classically so for Super Bowl XIII featuring the Dallas Cowboys and Pittsburgh Steelers.
![]() IBNLive.com | US economy growing strong, recovery speeding up: Obama Hindustan Times PTI US President Barack Obama has said country's economy is growing strong and recovery is speeding up. "This morning, we received more good news about our economy. In January, American businesses added another 257000 jobs. The unemployment rate came ... Strong US jobs growth spurs recovery hopes US jobless rate falls to 8.3% | Bangkok Post: business US posts surprise jobs jump in boost for Obama |
![]() Globe and Mail | America's down, but not out Globe and Mail In an average recovery, he notes, American GDP would already be 2.5 per cent higher and Canadian exports would be 6.5 per cent greater. This weak US recovery means that Canadian businesses have lost $30-billion in export sales ? so far. |
![]() Globe and Mail | Domtar to focus on personal care business, says CEO Canada.com By Robert Gibbens, For Postmedia News February 3, 2012 MONTREAL - Domtar Corp., North America's biggest producer of business and copying papers, is staying with its recent expansion into the personal-care sector and has no designs on the highly ... Domtar confirms personal-care thrust |
![]() Kansas City Star | US Stocks Soar On Jobs, Business Activity Data Wall Street Journal This reinforces that businesses are regaining confidence and increasing hiring." Meanwhile, the US non-manufacturing sector expanded at a faster rate in January according to data released Friday by the Institute for Supply Management. Business Highlights UPI NewsTrack Business |
![]() IPPmedia | Maajar to lead another US business group to Tanzania IPPmedia By Beatrice Shayo Following the success of last year`s inaugural Discover Tanzania VIP Safari, Tanzania's ambassador to the US Mwanaidi Maajar, plans again to lead a group of business executives from North America to explore Tanzania's business and ... |