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FINANCE
Today's Business Headlines
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Bank reform talks fail, Dodd to go solo
March 11th, 2010, 12:40 pm
WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, helping boost bank share prices and jeopardizing a top Obama administration priority. Senate Banking Committee Chairman Christopher Dodd, warning that time ...
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WASHINGTON (Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could lead to a final vote in the next few weeks, but vowed not to be bound by White House deadlines. Senate Democratic leader Harry Reid told reporters there were still issues ...
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WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while. Initial claims for state unemployment benefits slipped 6,000 to 462,000, the Labor ...
In a filing last week, the 47-year-old Dykstra said he would do a better job satisfying creditors' claims than the court-appointed trustee, whom he said is "only interested in dumping assets as quickly as possible." Dykstra said he has "interested parties" to help him pursue ...
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With Democrats nearing a last-ditch deal on a healthcare package, House of Representatives Speaker Nancy Pelosi said she was addressing Democratic concerns "member-by-member." (Reporting by Donna Smith and Susan Heavey; editing by Eric ...
Geithner issued a statement not long after Dodd confirmed that a bipartisan Senate bid to craft new rules had collapsed. Dodd said he will unveil his own legislative proposals on Monday. "We look forward to working with him and the committee to write new rules of the road that will protect ...
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The findings suggest that 82 percent of Americans want the government to clamp down more strongly on Wall Street excesses, with a particular emphasis on bonus schemes that have rewarded employees at loss-making companies such as American International Group. A Harris release on the February 16-21 ...
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WASHINGTON (Reuters) - Two studies published on Wednesday show it is possible to sequence the entire gene maps of families with inherited diseases and pinpoint the offending bit of DNA. The studies, which would not have been possible a year or two ago, are the first real delivery of the promised ...
Opera Mini is the world's most widely used browser on cellphones, ahead of Apple's iPhone browser, as Opera benefits from its wide offering across all key platforms, according to web statistics firm Statcounter. Google's Android, introduced only in late 2008, won 4-5 percent of the smartphone ...
TOKYO (Reuters) - Toyota Motor said on Thursday it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time. On Monday, Rep. Edolphus Towns, a New York Democrat who chairs the ...