
Stocks end little changed after Fed rally fizzles
Stocks ended the day little changed Wednesday after a rally prompted by the Federal Reserve's latest economic stimulus program fizzled out. The Dow ...

Citigroup to cut 11,000 jobs, a familiar story
Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's ...

Dow loses 313 in post-election sell-off
Wall Street greeted a second Obama term the way it greeted the first. Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the ...

Big Apple improvises to reopen for business
Two days after Superstorm Sandy brought business in New York City to a standstill, stores that lost power are again serving customers, albeit by ...
Barclays reports Q3 loss under new CEO
British bank Barclays PLC reported a net loss of 200 million pounds ($322 million) in the third quarter Wednesday as it wrote down the value of its ...

Storm's cost may hit $50B; rebuilding to ease blow
Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS ...
Citi fires analyst, pays fine over Facebook leak
The young Citigroup analyst was researching Facebook before it went public. He dropped an email to two of his buddies at a popular technology blog, ...

Morgan Stanley: fiscal cliff daunts businesses
Morgan Stanley said Thursday that its corporate clients are ready to do business — but they're a little unnerved by the impending fiscal crisis.
US futures fall as US companies post earnings
Stock futures slipped Thursday as companies including Verizon, Morgan Stanley and Southwest Airlines posted mixed quarterly earnings, and the Labor ...

After Pandit, a smaller Citi could get smaller yet
The incredible shrinking bank may have to shrink more. In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was ...

In a surprise, Pandit steps down as Citigroup CEO
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping ...

Citigroup picks veteran to replace Pandit as CEO
In picking Michael Corbat to take over as CEO of Citigroup, the board of directors chose a low-profile veteran of the bank — a sharp contrast to ...

Mortgage comeback? Citigroup isn't so sure
Citigroup isn't as enthusiastic as its peers about a comeback in the housing market. On Friday, executives at Wells Fargo and JPMorgan Chase declared ...

ACLU says Morgan Stanley over subprime loans
The American Civil Liberties Union accused Morgan Stanley of violating civil rights laws by encouraging a lender to push more expensive and risky ...
Barron's upbeat on Goldman, predicts stock gains
Shares of Goldman Sachs Monday after an article posted on the website of Barron's magazine predicted that the investment bank's stock could climb at ...
Questions and answers on the US Fed's latest moves
The Federal Reserve launched a new mortgage bond-buying program Thursday and said it plans to keep short-term interest rates at ultra-low levels until ...

US stocks rise ahead of Fed meeting
Investors spent Tuesday preparing for two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can ...
Morgan Stanley to buy Citi's Smith Barney stake
Morgan Stanley and Citigroup have settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own.
Facebook stock up on Zuckerberg's no-sale pledge
Facebook's stock increased nearly 5 percent on Wednesday following a disclosure that its CEO, Mark Zuckerberg, won't sell stock in the company for at ...
Facebook says CEO won't sell stock for 1 year
Facebook's stock got some reprieve in after-hours trading Tuesday after the company said its CEO, Mark Zuckerberg, won't sell stock in the company for ...
Clayton, Dubilier & Rice to buy David's Bridal
Private equity firm Clayton, Dubilier & Rice says is buying David's Bridal Inc. in a deal that values the private company at about $1.05 billion.

S&P touches highest level since 2008, then falls
The Standard & Poor's 500 index touched its highest point in more than four years Tuesday, helped by more talk that the European Central Bank may buy ...
Barclays shares get lift from chairman appointment
Investors and analysts reacted positively Friday to Barclays' appointment of its new chairman, Sir David Walker, an industry veteran who has called ...

Mighty Mouse: Investors flock to safety of Disney
These are happy times in the Magic Kingdom. The Walt Disney Co.'s stock is up 35 percent so far this year, outpacing its media company rivals.
Barclays employees boost Romney campaign
The former chief executive of Barclays dropped out of Mitt Romney's Thursday night fundraiser in London, but Bob Diamond had already sent a check for ...