Financial news on April 25, 2009
Business and Financial news
If the pace set in the first quarter continues all year, the average pay for bankers — much of it in bonuses — will rebound from the lows of last year. Read more..
Ford’s decision to borrow money years ago is helping it weather major losses, like $1.4 billion in the latest quarter. Read more..
Investor interest in buying distressed assets is surging, and eBay-like auction sites are growing rapidly, with still bigger growth forecast. Read more..
Groups like HealthCare Mediation can help patients reduce onerous medical bills. Read more..
Another new face as News Corporation seeks to reinvigorate its digital businesses. Read more..
It is hard to know the right thing to say or how to be helpful to someone who has lost their job. Read more..
Absent new details on how the largest banks fared in a government test of their health, analysts are turning the spotlight on a handful of regional banks that they think may be the next weak links. Read more..
The shake-up coincides with an overall streamlining at the magazine and its parent company, Macmillan. Read more..
Victims of Bernard L. Madoff’s Ponzi scheme accused JPMorgan Chase of aiding his crime by maintaining his checking accounts and trading with him after the bank realized he was running a fraud. Read more..
Notonthehighstreet, an online retailer of crafts and handmade goods, is a rare dot-com success story that is still growing despite the downturn. Read more..