Lehman files for bankruptcy, plans to sell units

Lehman Brothers Holdings Inc filed for bankruptcy after trying to finance too many risky assets with too little capital, becoming the largest and highest-profile […]

Lehman demise could end speculative raid on taxpayers

Letting Lehman Brothers fail is the lesser of two evils facing U.S. financial regulators trying to stop a textbook trading ploy dead in its […]

Stifel, law firm consider moving to Ballpark Village

The developers of Ballpark Village are in advanced talks with two prospective major tenants about office space in the long-stalled $600 million project.
St. […]

Sex, drugs and oil

Government officials handling billions of dollars in oil royalties partied, had sex with and accepted golf and ski outings from employees of energy companies […]

Armstrong Teasdale plans Clayton move

Armstrong Teasdale LLP has signed a letter of intent to move from downtown into the planned $200 million Centene Plaza in Clayton, the law […]

Machinist strike fund: 6 months

The Machinists union has a $140 million strike fund and can sustain support for striking Boeing Co. production workers for five or six months, […]

Software glitch led to exchange meltdown

LONDON–The London Stock Exchange Group PLC said yesterday that a software glitch – and not high trading volumes – was to blame for a […]

RIM launches first flip-phone version of BlackBerry

Research In Motion Ltd (RIM.TO: Quote, Profile, Research, Stock Buzz)(RIMM.O: Quote, Profile, Research, Stock Buzz) is launching a flip version of its popular BlackBerry […]

Manulife appoints new CEO

Manulife Financial Corp., Canada’s largest insurer and second-biggest company by revenue, announced Donald Guloien will replace Dominic D’Alessandro as chief executive.
The move is effective […]

McCain on Obama: Hey, big spender

Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.
And in accepting […]