Financial services reform in the US includes a ban on punitive charges for credit card infractions.
The Cuban government has begun releasing jailed dissidents in a political concession brokered by the Catholic Church.
Barack Obama has warned that BP will ‘pay’ for the environmental damage caused by the oil slick in the Gulf of Mexico.
The bank gave credit agencies a false picture of its value ahead of the sale, writes Andrew Clark
After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.
The heads of leading banks in the US were summoned to the White House this week for a "frank and candid" discussion with President Barack Obama.
Wall Street bank has recovered from the credit crunch and may pay bonuses of $900 000 this year, reports Andrew Clark.
They seem, at first blush, the model of a prosperous immigrant couple. A handsome pair, "Serge and Elina" from New Jersey sashayed across a stage.
The subject of the greatest popular vitriol is Madoff’s wife, Ruth, who still lives in the couple’s $7-million penthouse on New York’s Upper East Side
Nobody in the business world has emerged unscathed from the financial carnage wreaked by the global recession.
The rump of Conrad Black’s former newspaper empire, Sun-Times Media, filed for bankruptcy protection recently.
Property markets on both sides of the Atlantic have plunged, but nowhere has the collapse been more spectacular than in Detroit.
The world’s largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
An emergency plan by the US government to stabilise the nation’s two biggest mortgage finance corporations won cross-party support last week.
Private New Zealander puts $50m into a new business school aiming to produce a generation of business leaders in poverty-stricken parts of the globe.
Wal-Mart refuses to see the funny side of a musical based on its global dominance. Andrew Clark reports in New York.
If there is anything more satisfying than being rich, it must be basking in the glow of being proved right. The world’s wealthiest man, Warren Buffett, was lauded by 31Â 000…
Holed up in a caravan on the campus of Stanford University in California, two graduate students were supposed to be finishing their doctoral studies. Instead, Jerry Yang and…
The sheer scale of the misery wreaked by the United States sub-prime mortgage crisis became clear on Tuesday in research showing that more than 1% of Ameri- can households were…
Conrad Black was sentenced on December 10 to six-and-a-half years in a United States prison for abusing shareholders’ trust money through a sophisticated plot to embezzle…
