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Stories tagged with Business

Wall Street cheers Bernanke’s re-nomination

By Ric Bohy   |   August 26, 2009 at 8:38am   |   0 Comments

Wall Street appeared to approve of President Obama’s nominating Ben S. Bernanke to a second term.

Government provides a sweet deal for the Fanjul family

By Laurie Bennett   |   August 13, 2009 at 10:50am   |   0 Comments

Several major American food companies have written to Agriculture Secretary Thomas Vilsack, saying they may run out of sugar if import restrictions aren’t eased.

Debbie Dingell leaving GM

By Ric Bohy   |   August 12, 2009 at 9:04am   |   0 Comments

Debbie Dingell has been downsized.

AIG under new leadership - again

By Laurie Bennett   |   August 7, 2009 at 9:14am   |   0 Comments

At first glance, the chairmanship of American International Group is a job no sane person would want.

Sallie Krawcheck moves to Bank of America

By A. James Memmott   |   August 5, 2009 at 8:13am   |   0 Comments

Sallie L. Krawcheck, who had been one of the highest ranking women on Wall Street before she left Citigroup Inc. last September, has landed on her feet at Bank of America Corp.

Google-Apple ties don’t end with Schmidt’s departure

By Ric Bohy   |   August 4, 2009 at 5:53am   |   0 Comments

Not all proverbs are proverbial. Yesterday, an Apple fell far from the tree.

Daniel Hesse plays pitchman for troubled Sprint Nextel

By A. James Memmott   |   July 31, 2009 at 9:46am   |   2 Comments

In a black-and-white commercial filmed last year, Daniel R. Hesse, the CEO of Sprint Nextel Corp. strolled down the middle of a carless New York City street.

Mudd’s name is no longer Fannie Mae

By A. James Memmott   |   July 23, 2009 at 8:16am   |   0 Comments

Daniel H. Mudd, who lost his job last year as CEO of mortgage giant Fannie Mae when the company’s fortunes went south, has landed on his feet.

Dimon rides high on JPMorgan report of $2.7 billion profit

By Laurie Bennett   |   July 16, 2009 at 9:28am   |   0 Comments

While so many others have fallen, Jamie Dimon has led his company, JPMorgan Chase, to record revenues.

Mark Walsh gets another crack at Lehman funds

By A. James Memmott   |   June 21, 2009 at 10:10am   |   0 Comments

The man some blame for the investments that brought Lehman Brothers Holdings down is getting a second chance to profit from those investments.

Testimony begins in AIG suit against Hank Greenberg

By Ric Bohy   |   June 17, 2009 at 7:25am   |   0 Comments

Hank Greenberg had the right to take $4.3 billion in stock from a retirement bonus plan, his attorney argued at the start of the AIG trial yesterday.

Big Ed Whitacre will take reins at GM

By Ric Bohy   |   June 10, 2009 at 8:48am   |   0 Comments

Edward E. Whitacre Jr. will take over as chairman of “the New GM” after it finishes reorganizing under Chapter 11 bankruptcy.

Palm leaps forward with the Pre

By A. James Memmott   |   June 9, 2009 at 6:14am   |   0 Comments

The smartphone wars got more intense last week with the arrival of the touch-screen Palm Pre.

Roger Penske one of the few heroes left standing in Detroit

By Ric Bohy   |   June 8, 2009 at 7:32am   |   1 Comments

Billionaire Roger Penske, one of few Detroit auto men whose named is still golden, has a tentative deal to buy General Motors’ Saturn brand late this summer or in early fall.

SEC charges Mozilo and 2 other former Countrywide execs

By Ric Bohy   |   June 5, 2009 at 10:01am   |   0 Comments

The SEC has charged three former top executives of Countrywide Financial Corp. with deliberately deceiving investors

GM on a path to complicated bankruptcy

By Laurie Bennett   |   May 28, 2009 at 11:07am   |   1 Comments

Chapter 11 proceedings for General Motors won’t go nearly as smoothly as they have for smaller, privately held Chrysler.

As new Xerox chief, Ursula Burns will set more than one precedent

By A. James Memmott   |   May 24, 2009 at 10:55am   |   0 Comments

Xerox Corp. made history last week when CEO Anne M. Mulcahy announced she would retire and that her replacement would be Ursula M. Burns, the company’s president.

BlackRock may profit from fiscal crisis in many ways

By A. James Memmott   |   May 20, 2009 at 8:20am   |   0 Comments

On Wall Street, Laurence D. Fink is an insider’s insider, the guy firms and countries go to when they’re in a jam.

GM considers move from Detroit’s Renaissance Center

By Ric Bohy   |   May 14, 2009 at 8:08am   |   0 Comments

When GM CEO Fritz Henderson raised the possibility that the automaker could vacate the Renaissance Center, it raised the threat of both real and symbolic devastation for Detroit.

NY Fed’s Stephen Friedman resigns over ties to Goldman

By Carol Eisenberg   |   May 8, 2009 at 12:27pm   |   0 Comments

Stephen Friedman’s extensive contacts and expertise made him a go-to player on Wall Street. But it was precisely that web of connections that raised conflict-of-interest issues in his latest job at the Federal Reserve Bank of New York.


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