Financial news on March 15, 2008
Business and Financial news
Sinosteel, the Chinese metals giant, made a hostile bid Friday for an Australian iron ore producer. Read more..
The Federal Reserve’s unusual decision to assist Bear Stearns underscores a concern that one failure could spread across the financial system. Read more..
To a maddening degree, credit card companies will actually do O.K. while the rest of us suffer. Annoying, isn’t it? Read more..
The judge will rule on whether the chief of IAC/InterActiveCorp violated an agreement with the head of Liberty Media when announcing a plan to split IAC into five companies. Read more..
Bear Stearns was emblematic of a financial system that enabled lenders to evade much of the regulatory framework that had begun during the Roosevelt administration. Read more..
Mr. Burke started the Trek company in 1976 with his friend Bevil Hogg, in a barn in Waterloo, Wis. It now has 1,600 employees. Read more..
Record labels were making terrible missteps long before the advent of the digital age. Read more..
Banks that had seemed to come through the crisis with their capital intact played catch-up in the latest leg of the race to the bottom. Read more..
Potential buyers began circling Bear Stearns after it was given a secured line of credit, and policy makers may spend the weekend dealing with the fallout. Read more..
In a world filled with fine print and misleading slogans, it is hard to find the balance between diligence and getting so much information that we are paralyzed with indecision. Read more..