Spanish lenders in talks over ‘bad bank’ plan

As their losses from mortgages grow, Spanish banks have begun discussions about creating a separate entity _ a “bad bank” _ to take on these […]

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Missouri Employers Mutual to pay first dividends

Missouri Employers Mutual Insurance Co. plans to pay about $2 million in dividends to 11,033 policyholders this spring, the state-sponsored workers’ compensation company announced today.
It […]

Slower gains in worker output could lead to hiring

U.S. companies will have to keep hiring steadily to meet their customers’ rising demand. That’s the message that emerged Wednesday from a report that employers […]

Business tax breaks booted from payroll deal

The last legislative freight train has left the station, and a set of expired business tax breaks that regularly get extended was left on […]

Papademos, Greek Leaders Agree on Deal Framework - Bloomberg

Greek Prime Minister Lucas Papademos secured an outline agreement from the three political party leaders supporting his interim government on measures demanded by international creditors […]

Geithner presses Beijing on Iran, currency

U.S. Treasury Secretary Timothy Geithner and Chinese leaders pledged Wednesday to build economic ties but Beijing gave no sign it would relent in its opposition […]

Year of the piggy bank: Let money grow in 2012

Make 2012 the year to get money right.
For those who have been procrastinating or worrying, the key is to get started. Dartmouth College studies show […]

Best Buy 3rd-quarter profit falls, shares skid

Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and […]

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 […]