Financial news on January 16, 2010
Business and Financial news
The talk show host could get more than $30 million in a settlement. Other details are also being hammered out. Read more..
In 2009, operators went into cost-control mode, postponing some development projects and canceling others. Read more..
Traders seemed to gloss over the headline numbers for JPMorgan and focused in on consumer credit and worries about credit card delinquencies. Read more..
Stunned by being sidelined at the Copenhagen climate conference, the European Union is debating how to overcome the setback. Read more..
Cellphones make pedestrians inattentive, and emergency room records show the results. Read more..
Hershey is working with JPMorgan Chase and Bank of America to raise at least $10 billion for a bid, people briefed on the matter said. Read more..
The banking giant also earmarked $26.9 billion for its workers, much of which will now be paid out as bonuses. Read more..
Cargo shipping companies are paying now for having expanded too aggressively during the boom, analysts say. Read more..
Internet users in China are finding myriad ways to get around government blockades. Read more..
Only about 66,500 homeowners have received permanent relief out of the 900,000 who have enrolled. Read more..