Bruce Wasserstein, Lazard Chief, Dies 1947-2009
Bruce Wasserstein, the Wall Street investment banker who helped pioneer the hostile takeover in the 1980s and reshaped the mergers and acquisitions business into a high art, died Wednesday. Mr. Wasserstein, 61, was the chairman and chief executive of Lazard. The cause of death could not be immediately learned, though he had been hospitalized More...
Loonie takes aim at 98 cents US
The loonie continued its stunning gain on Tuesday, up more than 1.5 cents since the end of last week to trade above 97 cents US. A little after 8 a.m. on Tuesday, the loonie was trading at 97.18 More...
GM sells Hummer brand
Private investor gets 20% stake General Motors has agreed to sell its Hummer brand to a Chinese company, the automaker announced Friday. Sichuan Tengzhong Heavy Industrial Machinery Corp. will get More...
C$ hits 1-year high, 95.18 U.S. cents
Canada’s dollar zoomed to a one-year high against the U.S. currency on Thursday as commodity and equity prices rose on upbeat economic data that lifted optimism for recovery and whetted the More...
Gold soars as U.S. dollar drops
Gold prices soared to record highs for a third straight day Thursday while the U.S. dollar sold off, reaching a 14-month low against a basket of currencies. The December bullion contract ended trading More...
Brooke Astor’s Son Found Guilty
At last, the long, ugly Astor trial has at last come to an (ugly) end: A jury has found Anthony Marshall, 85, guilty of swindling his Alzheimer’s-ridden mother, socialite Brooke Astor, out More...
Kenneth Feinberg Okays $10.5 Mil to AIG CEO
Kenneth Feinberg, Obama’s executive compensation czar, gave the go-ahead to a $10.5 million annual compensation package for AIG’s CEO Robert Benmosche. This is the first pronouncement More...
Jim Gillette says Delphi was too big
Ex-Delphi unit seeks distinction from GM Steering division aims for fresh start The once-giant auto parts supplier Delphi Corporation of Troy has emerged from its four-year long bankruptcy. The company More...
Samsung Moment Android Smartphone Invades Sprint
Maybe the HTC Hero isn’t your cup of tea, but you still want to get in on some Google Android action with Sprint. Maybe you’d prefer to have a slide-out QWERTY keyboard for busting out those More...
Boyles Furniture Outlet on Oct 5 MSNBC Show Today
Boyles Furniture Outlet is offering big furniture discounts. The Today Show featured Boyles Furniture this morning. The company offers name-brand bedroom, dining room and living room furniture, as More...