G7 cuts growth view, shows worry on U.S. dollar drop

Finance chiefs from rich nations offered a gloomier assessment of the global economy on Friday and vowed to act swiftly on wide-ranging reforms aimed […]

Private banks feel sting as crisis hurts the rich

An abundant flow of rich people’s money into private banks is rapidly evaporating and dashing hopes it can balance out subprime damage in other […]

Hedge funds

Wall Street bankers and traders, fearing possible layoffs, may strike out on their own and try to launch new hedge funds in the coming […]

Bear Stearns employees flood Street rivals with resumes

Bear Stearns Cos (BSC.N: Quote, Profile, Research) employees are flooding Wall Street with their resumes as the firm is acquired by rival JPMorgan Chase […]

How one RRSP became a gold mine

Billionaire philanthropist Seymour Schulich, known best for his love of gold and huge donations to universities, has become a national treasure. So, it would seem, […]

Dell must cut costs to make retail profitable

Dell Inc’s (DELL.O: Quote, Profile, Research) retail computer business will become profitable when the company cuts manufacturing costs to align them with those of […]

A bleaker outlook of economy from Bernanke

WASHINGTON — Federal Reserve Chairman Ben Bernanke presented his bleakest assessment yet of the economy on Wednesday, warning a congressional committee that economic growth […]

Northrop lobbying Congress hard over tanker win

Northrop Grumman Corp (NOC.N: Quote, Profile, Research) is systematically lobbying members of the U.S. Congress to build support for its victory in a controversial […]