Chinese broker tried in insider tradingThe former president of a major Chinese stock brokerage has gone on trial on insider-trading charges in connection with the company's 2006 stock market debut, a state news agency reported Saturday.
03:27:53 AM Saturday, Jul 19, 2008
Going small: A Smart driving experienceSometimes, I guess, timing is everything. When DaimlerChrysler AG announced in 2006 that it planned to bring the Smart fortwo micro car to the United States after nearly a decade in Europe, gas prices had reached about $2.80 a gallon. Now, Americans are paying more than $4 a gallon at the pump, SUV sales are plummeting and consumers are hungry for smaller, more fuel-efficient vehicles.
By KEN THOMAS
01:53:07 PM Saturday, Jul 19, 2008
Oil prices tumble in biggest weekly drop everThe price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?
By ADAM SCHRECK
01:53:07 PM Saturday, Jul 19, 2008
Bank stocks look cheap, but buyers remain cautiousMerrill Lynch & Co. Chief Executive John Thain is making a pitch to Wall Street: Buy the brokerage's shares while they're still cheap. But investors don't seem ready to listen.
By JOE BEL BRUNO
04:34:49 PM Saturday, Jul 19, 2008
Venture capital investments hold steady in 2QThe pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups.
By MICHAEL LIEDTKE
01:58:02 PM Saturday, Jul 19, 2008
Freddie Mac takes step toward issuing stockMortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet Friday when the Securities and Exchange Commission accepted its registration statement filed earlier in the day.
By STEPHEN BERNARD
05:23:01 PM Friday, Jul 18, 2008
Republic rejects Waste Management unsolicited bidThe trash talking has begun.
By STEPHEN SINGER
04:08:05 PM Friday, Jul 18, 2008
Citigroup posts $2.5B loss, but beats expectationsCitigroup has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion second-quarter loss that was smaller than expected.
By MADLEN READ
01:53:08 PM Saturday, Jul 19, 2008
Mattel's 2Q profit falls sharply, but tops viewMattel Inc. said Friday its second-quarter profit fell by nearly half as higher costs offset strong sales of toys related to summer movies like "Kung Fu Panda" and the latest Batman film and the benefit from the weaker dollar.
By MAE ANDERSON
03:42:58 PM Friday, Jul 18, 2008
Crude prices help lift Schlumberger 2Q profit03:33:06 PM Friday, Jul 18, 2008
Honeywell 2Q profit rises 18 pct, boosts view03:33:06 PM Friday, Jul 18, 2008
Treasury prices decline for 3rd straight session02:43:04 PM Friday, Jul 18, 2008
Wall Street mixed after earnings reports09:08:08 PM Friday, Jul 18, 2008
Platinum falls to 5-month low on slowing economy02:28:07 PM Friday, Jul 18, 2008
» See more 24 Hour Business stories