Financial news on April 17, 2010
Business and Financial news
In addition, starts in February were sharply revised to show a 1.1 percent increase instead of a 5.9 percent drop. Read more..
Macarthur Coal, which has been the object of an intensifying takeover battle, has previously rejected rival offers. Read more..
The bank, which is often considered an economic bellwether, said its net credit losses dropped 5 percent in the first quarter. Read more..
Businesses around Europe made contingency plans Friday as a cloud of volcanic ash from Iceland kept airports closed. Read more..
Accusations that Goldman defrauded customers who bought investments tied to risky mortgages have only just begun to reverberate in the financial world. Read more..
A report by the S.E.C.’s inspector general, H. David Kotz, disclosed that the commission did not conduct a meaningful investigation of the indicted money manager R. Allen Stanford until 2005. Read more..
John A. Paulson had a role in the instrument that caused $1 billion in losses for Goldman Sachs customers. Read more..
A judge in Ireland cleared the way for the implementation of a crackdown on Internet piracy, dismissing concerns that the plan could result in the invasion of privacy. Read more..
The billionaire hedge fund manager John A. Paulson has found himself in an uncomfortable spotlight even though the Securities and Exchange Commission did not charge him along with Goldman Sachs with securities fraud. Read more..
A spokesman said that Toyota was “very concerned” about the problem and that engineers were evaluating potential remedies. Read more..