Australian Lending Declines for First Time Since 1992

Australian bank lending unexpectedly fell in December for the first time since 1992 as borrowing by companies slumped, increasing pressure on the central bank […]

As casino revenues fall, gambling industry sheds jobs

ATLANTIC CITY, N.J. — Juan Jimenez’s job at the casino wasn’t the most glamorous one in the place. But picking up cigarette butts, vacuuming […]

Fair-value accounting: Here to stay

Fair value accounting is still fair game for attack, but there may be more common ground than imagined between critics and proponents of the […]

Groups challenge AmerenUE on Callaway 2 costs

Consumer advocates in Missouri are challenging efforts by AmerenUE to bill electric customers millions of dollars a year for costs tied to the possible […]

Central banks move to avert financial meltdown

OTTAWA–Confronting the deepest money market crisis since the Great Depression, central bankers around the world pledged as much as a quarter of a trillion […]

New AMD CEO shows board confident about turnaround

Dirk Meyer’s promotion to chief executive of Advanced Micro Devices Inc (AMD.N: Quote, Profile, Research, Stock Buzz) shows that the board believes the struggling […]

Mersch Says ECB Will Do Whatever Is Needed to Contain Inflation

European Central Bank council member Yves Mersch said the bank will do whatever is needed to contain inflation in the 15-nation euro region.
“We […]

Obama attacks

Sen. Barack Obama on Sunday said as president he would strengthen government oversight of energy traders he blames in large part for the skyrocketing […]

McCain wants low corporate taxes, regulated CEO pay

Republican White House candidate John McCain will promise on Tuesday to lower corporate tax rates if he wins the U.S. presidency and ease the […]

All-Canadian TV package won

GATINEAU, QUE. – Tinkering with the size of the basic television package by stripping out American channels will only fuel the “black market” for foreign […]