Financial news on July 22nd, 2006
Business and Financial news
The bankers were extradited to the United States last week and must remain in Houston and post a combined $3 million bond. Read more..
It’s time to get over the fear of buying art, even if you don’t know how yet. Read more..
Some analysts worry the Chinese economy is in danger of overheating and could lead to inflation and a fresh round of bad loans. Read more..
The chief executive of Nissan and Renault said he would not discuss buying a stake in General Motors as part of initial talks. Read more..
The purchase will give the British company 220 branches in Colombia, Costa Rica, El Salvador, Honduras, Nicaragua and Panama. Read more..
Part of the project, code-named Zune and set to go on sale this year, is a service that will compete with Apple’s iTunes. Read more..
Despite what the adage says, what you don’t know can hurt you when you put money in the stock market. Read more..
The chairman and chief executive of Activision has experienced four industry downturns, including the current one. Read more..
A HEAT wave gripped the nation, which kept one wary eye on the bloodshed in the Middle East and the other on a barrage of corporate earnings, Fed news and economic reports at home. Read more..
Two economics professors found that sophisticated consumers game the system by having naïve consumers subsidize them. Read more..