Capitalism Seen in Crisis by Investors: Poll - Bloomberg

International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey.
As the […]

Mortgage settlement between banks, states ‘close’

A $25 billion settlement between the nation’s major banks and U.S. states over deceptive foreclosure practices during the housing crisis is nearing completion.
Five major banks […]

Lipitor sales level off after arrival of generics

Sales of Lipitor, the top-selling drug in history, have leveled off after a steep plunge following the start of U.S. generic competition.
New figures from data […]

Singh Caps Year of Failure With Graft Uproar - Bloomberg

Prime Minister Manmohan Singh failed to win passage of his anti-corruption bill as an uproar broke out in India

Congress still has time, but debt bomb fuse is getting short

The failure of Congress’ deficit-cutting supercommittee may be a bad omen, but it’s no calamity.
Just ask the bond market, which is still willing to lend […]

Open the taps, Carney warns

Don

Chrysler posts $212M 3Q profit

Chrysler says it earned $212 million in the third quarter as car and truck sales grew 24 percent.
It was the company’s second profitable quarter this […]

If you

Women shouldn’t be afraid to use their looks, sex appeal and charm to get ahead in the workplace, according to a controversial London School of […]

Home buyers using new weapon in the bidding wars

At first glance, 221 Lee Ave. is just a simple semi.
Its front lawn could double for a toboggan slope. Its neighbours are a hodgepodge of […]

Finnair in Q2 net loss of $33 million

Finnair PLC has reported a second-quarter net loss of $33 million (euro23million) as the airline was hit by high fuel costs, the Fukushima disaster and […]