Financial news on September 23, 2006
Business and Financial news
Amaranth Advisors pledges to regain investors’ trust after suffering $6 billion in natural gas trading losses. Read more..
The Industrial and Commercial Bank of China’s I.P.O. could set a record by raising a projected $19 billion. Read more..
Patricia C. Dunn resigned and will be replaced by Hewlett-Packard’s chief executive. Also, two high executives who supervised investigators are said to be leaving. Read more..
Pay-per-click advertising fraud is becoming more pervasive as spurious clicks can be generated through automated programs. Read more..
Credit reports are now free but that hasn’t made decoding them or correcting the errors you’re likely to find on them one whit easier. Read more..
Hedge funds don’t investigate options backdating just to satisfy their curiosity. Rather, they do it to find an edge — and to use that edge to get richer than they already are. Read more..
Google defied a court order to publish a ruling that prevents it from running summaries of news reports and links to articles in Belgium. Read more..
If you died today, would your family be destitute, comfortable, or toasting your good planning as they vacationed on the Riviera? Read more..
Officials acknowledged that while a new strategic economic dialogue between the U.S. and China was an accomplishment, it does not equal achievement of results. Read more..
Richard D. Caleal helped create the hugely popular 1949 Ford credited with lifting the company out of its postwar financial slump. Read more..