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 […]

Can snowbirds save the U.S. sunshine states?

Sarasota resident Marvin Boisvert couldn’t help but feel a little torn this week as he shivered in a Florida hockey arena, watching the Maple Leafs […]

Theodore Forstmann, big in 80s takeover wave, dies

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle […]

UK government selling Northern Rock

The British government has agreed to sell mortgage lender Northern Rock, the nation’s first victim of the credit crisis, to Virgin Money.
The Treasury said Thursday […]

China’s recalled bullet trains to resume service

Bullet trains on China’s showcase Beijing-to-Shanghai line that were recalled over safety concerns following a deadly crash on another line will gradually resume service from […]

Investors sue KV Pharmaceutical, alleging misleading statements

A proposed class action lawsuit against KV Pharmaceutical Co. alleges the drugmaker misled investors in positive public statements about its pregnancy drug Makena

Clayton house prices on rebound

In a scene reminiscent of the housing bubble, the owner of a recently sold $740,000 home in Clayton had the luxury of multiple offers over […]

US stock futures flat on earnings, housing reports

U.S. stock futures were flat Wednesday as investors weighed mixed corporate earnings results against a surprising jump in the construction of new homes in September.
A […]

WSJ accused of unorthodox boost to circulation

The Guardian newspaper reported Wednesday that it had seen emails and documents showing that The Wall Street Journal funneled money through third parties to a […]

SEC probes effort to build sweetner plant in Moberly

A recent disclosure indicates the U.S. Securities and Exchange Commission is investigating a so-far unsuccessful effort to build an artificial sweetener plant in Moberly, Mo.
The […]