Financial News Headline: Banking and Finance

Banking

Letter: Lehman accounting tricks possibly illegal - The Guardian

... examiner's report and Lee's letter could provide a framework for any future legal action against Lehman executives. Senate Banking Committee Chairman Christopher Dodd on Friday called for Attorney General Eric Holder to investigate the ...

Sun, 21 Mar 2010 05:33:00 GMT

Senator Dodd's Proposal for Financial and Banking ... - pressreleasepoint.com

com), March 18th, 2010, New York City Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (RealEstateLeadersForum.com), April 22nd, 2010, New York City

Tue, 16 Mar 2010 05:39:00 GMT

PASSWORD-STEALING VIRUS TARGETS FACEBOOK - Steals Banking Password And Other Sensitive Information - SanFranciscoSentinel.com

BOSTON - Hackers have flooded the Internet with virus-tainted spam that targets Facebook’s estimated 400 million users in an effort to steal banking passwords and gather other sensitive information. The emails tell recipients that the passwords on their Facebook accounts have been reset, urging

Fri, 19 Mar 2010 16:26:00 GMT

Obama urges US senators to back financial reform - Business24-7

US President Barack Obama urged lawmakers yesterday to resist pressure to weaken a financial reform bill and called ... his case for a bill outlined by Senator Chris Dodd ahead of a debate in the Senate’s Banking Committee tomorrow. “

Sat, 20 Mar 2010 23:49:00 GMT

Lloyds Banking Group predicts a profitable 2010 - BBC Business

Lloyds Banking Group shares rose sharply after it forecast that it would make a profit this year, despite making heavy losses on bad loans in 2009. The firm, which is 41% state-owned, said it now expected to write off less than previously expected in both its retail and corporate businesses. Lloyds

Fri, 19 Mar 2010 22:10:00 GMT

European Stocks Advance; Lloyds Banking, Yara and ... - BusinessWeek

March 19 (Bloomberg) -- European stocks rose as Lloyds Banking Group Plc said it may be profitable this year, boosting confidence that the economic ... The Stoxx Europe 600 Index climbed 0.4 percent to 262.18 at 1:57 p.m. in London. The benchmark ...

Fri, 19 Mar 2010 13:56:00 GMT

Lloyds Banking Group expects profit this year - Missoulian

The trading update did not include any figures ... Lloyds Banking Group was formed last year when Lloyds TSB took over Halifax/Bank of Scotland. Largely because of HBOS' shaky lending portfolio, the new company was bailed out by the government, which ...

Fri, 19 Mar 2010 11:26:00 GMT

Senate Banking Committee Chairman Chris Dodd unveils ... - Deseret News

Legislation unveiled Monday by Senate Banking Committee Chairman Chris Dodd falls shy of the ambitious restructuring of federal financial regulations envisioned by President Barack Obama or contained in legislation already passed in the House.

Tue, 16 Mar 2010 02:11:00 GMT

Banking laws leave business customers vulnerable to ... - Los Angeles Times

Many tax advisors tell their self-employed clients -- including those who are "consulting" while looking for work -- to open separate business bank accounts to make it easier to separate business and personal expenses for tax purposes. Don't do it ...

Sun, 21 Mar 2010 06:59:00 GMT

Banking crisis reveals Canada's virtues - St. Louis Post-Dispatch

"Canada tightened mortgage lending rules yesterday with the aim of damping a housing boom fueled by low interest rates and fast-rising consumer debt. "Jim Flaherty, finance minister, played down concerns that the surge in home prices had the makings ...

Sun, 21 Mar 2010 08:03:00 GMT

Business

Gulp! Review site Yelp under fire in business ... - Daily Herald

Yelp denies the claims, but exactly what happened may never be clear. And regardless of what happens in court, the lawsuits could taint ... District Court for the Central District of California by Cats & Dogs Animal Hospital in Long Beach, Calif.

Sun, 21 Mar 2010 07:13:00 GMT

Google May Shut China Unit in April, China Business ... - Bloomberg

March 19 (Bloomberg) -- Google Inc. may pull out of China on April 10, China Business News reported today, citing an unidentified Chinese sales agent for the company. The search engine may announce its exit on March 22, the Shanghai-based newspaper ...

Thu, 18 Mar 2010 23:51:00 GMT

More Business - San Francisco Chronicle

The retirees filed an emergency motion Thursday asking a federal judge in Delaware to halt the company's plan to terminate benefits for some 2,100 people who worked at two Visteon ... Medicare until their appeal of a bankruptcy judge's decision is ...

Fri, 19 Mar 2010 17:45:00 GMT

Ciena Completes Acquisition of the Optical and Carrier Ethernet Assets of Nortel's Metro Ethernet Networks Business - Businesswire.com

“The acquisition of these assets accelerates Ciena’s overall strategy and gives us stronger operating leverage to continue investing in innovation that will allow us to deliver on our vision for next-generation networks” The $773.8 million (USD) aggregate purchase price for the acquisition

Fri, 19 Mar 2010 08:05:00 GMT

Steelman to helm business coalition - News-Leader.com

One-time potential political foes Roy Blunt and Sarah Steelman announced her selection ... Kit Bond. The Democratic front-runner is Secretary of State Robin Carnahan. In February 2009, Steelman said she was leaning toward running for the Senate ...

Sat, 20 Mar 2010 17:30:00 GMT

Debate rages over fertility clinic’s offer of free ... - Boston Globe

LONDON — An American infertility clinic seeking business in Britain has prompted fierce criticism by offering free eggs from a US woman to one participant in ... The rule limits the number of donors and makes it very difficult for infertile women ...

Thu, 18 Mar 2010 08:21:00 GMT

UPDATE 1-Australia urges access to China trial of Rio ... - Reuters

China arrested four Rio staff members, including Australian citizen Stern Hu last July and will start their trial in Shanghai next week on charges of bribery and stealing business secrets. The trial will be open to hear bribery charges and closed to ...

Thu, 18 Mar 2010 01:33:00 GMT

Google to evacuate China April 10? - ZDNet Blogs

Google is reportedly pulling out of China April 10 and will announce its exit March 22. Those dates, noted by Bloomberg , originate from China Business News, which cited an unidentified sales ... Peter Lui, formerly the company’s financial ...

Fri, 19 Mar 2010 10:36:00 GMT

More Business - San Francisco Chronicle

Benjamin Murray , formerly of NetJets Inc., is the new president of Xojet, a charter jet company in San Carlos. Side note: Murray holds a gold medal for his performance as a centerfielder for the USA Olympic Festival baseball team, and he was ...

Sun, 21 Mar 2010 07:06:00 GMT

The interview: Kiesha Haughton Smoots, director ... - Baltimore Sun

Kiesha Haughton Smoots has taught dozens of low-income women in Baltimore how to write a business plan and get their ventures off the ground. She has bid on federal contracts for a woman-owned information technology company and run her own small ...

Sun, 21 Mar 2010 08:03:00 GMT

Business Headlines

Minister: China may report trade deficit in March (AP)

Sun, 21 Mar 2010 05:49:53 GMT

China to begin trial of 4 Rio Tinto employees (AP)

Sun, 21 Mar 2010 07:32:10 GMT

Obama urges Dems to come together for health care (AP)

Sun, 21 Mar 2010 05:44:34 GMT

Thousands of BA flights canceled as crew on strike (AP)

Sun, 21 Mar 2010 06:42:57 GMT

ACORN sliding toward bankruptcy? (The Christian Science Monitor)

Sat, 20 Mar 2010 16:08:00 GMT

Gas the next fuel to fire Australia's boom (AP)

Sun, 21 Mar 2010 05:46:04 GMT

London shares rise, boosted by Lloyds (AFP)

Fri, 19 Mar 2010 11:48:45 GMT

Rising dollar hits prices of many commodities (AP)

Fri, 19 Mar 2010 21:44:37 GMT

Earnings schedule for week of 03/22/10 (AP)

Fri, 19 Mar 2010 19:59:58 GMT

Thousands rally in Russia against economic policy (AP)

Sun, 21 Mar 2010 00:20:25 GMT

Finance

Lynnwood finance director storms out of City Council ... - Everett Herald

LYNNWOOD — The city's finance director abruptly walked out of a City Council meeting this week after a heated exchange over the city's budget. Finance director John Moir left 38 minutes into a work session that lasted more than three hours. The ...

Sun, 21 Mar 2010 08:10:00 GMT

Middletown finance director in midst of criminal probe - Middletown Press

Sun, 21 Mar 2010 06:44:00 GMT

Personal Finance: Overlooked tax credit for savers - Philadelphia Daily News

Sun, 21 Mar 2010 06:59:00 GMT

Mawarid Finance To List On DFM In Q2 - Zawya.com

Sun, 21 Mar 2010 07:34:00 GMT

Personal Finance: As ID theft grows, be on guard online - Sacramento Bee

Sitting at the computer to pay your bills, go shopping or do your banking is common. It's quick, convenient and oh-so-green. But it's not without risks. And while most transactions go through seamlessly, you can unwittingly fall victim to full-blown ...