Financial news on March 03, 2007
Business and Financial news
Worries about the global economy rattled stock markets around the world this week, paring billions from the value of investors’ holdings. Read more..
Authorities are investigating stock sales and accounting errors at the New Century Financial Corporation, which specializes in subprime lending. Read more..
EMI said Warner Music’s cash offer was not in the best interest of shareholders and placed too low a value on the company. Read more..
The sharpest reversals of fortune in the stock market could be experienced in what have been some of the hottest sectors. Read more..
There are two Howard Schultzes. One loves the smaller, more personal chain that Starbucks once was. The other understands Wall Street’s needs. Read more..
Stocks extended their slump today, finishing their worst week since January 2003. Read more..
The lawsuit could allow energy companies to avoid as much as $60 billion in royalties to the government over the next two decades. Read more..
Who out there keeps track of how long a phone is left in its charger? Read more..
Regulators froze more than $5.3 million that they suspect may be profits from insider trading of TXU stock options. Read more..
Home prices are not very far below peak levels in most markets, but continued weakness could change that. Read more..