Financial news on September 18th, 2010
Business and Financial news
The evader, Federico Hernandez, was also fined $4.4 million for hiding $8.8 million from the I.R.S. in accounts at the Swiss bank. Read more..
Investors from mainland China and Hong Kong are more active than ever in the London real estate market. Read more..
Many parents may be as uninterested in talking about insurance as their children, but their policy options are numerous. Read more..
Mr. Davis modernized the company, shifting Stanley Works’ focus from industrial supply to the nascent do-it-yourself market. Read more..
The American recession was less severe than those of most other major industrialized economies, and the United States has rebounded more quickly. Read more..
The government is now offering a tax credit to companies with fewer than 25 full-time workers and average wages of less than $50,000 a year. Read more..
Shareholders approved the merger of the two companies Friday to form the world’s largest air carrier. Read more..
It is getting harder to preserve surprise in entertainment from Web sites that offer endings of movies and plays. Read more..
Central bank chiefs and regulators are still wrestling with how to ensure that banks can survive a liquidity crisis in which financing dries up. Read more..
A number of Silicon Valley companies including Apple, Google and Intel are being investigated over agreements not to recruit each other’s employees. Read more..