Lawmaker urges AIG CEO to quit over Goldman stake

Liddy owns shares and restricted stock units in Goldman that could be worth more than $3 million, according to filings at the U.S. Securities and Exchange Commission.

Goldman, a major ...[more]

Dr Pepper Snapple, bucking trend, ups advertising
) is risking a different approach to the recession than other major advertisers: the soft drink maker is boosting its marketing budget, saying that's what worked best in the last big downturn.

< ...[more]
General Growth files historic real estate bankruptcy

Ending months of speculation, General Growth, along with 158 of its 200-plus U.S. malls, filed Chapter 11 while it tries to refinance its debts.

But the ongoing global financial crisi ...[more]

IBM not interested in Sun at any price: report

Citing sources close to Sun, CNBC said the high-end computer maker had approached International Business Machines Corp earlier this week to ask it to return to the negotiating table, indicati ...[more]

FACTBOX: Five facts on General Growth Properties' history

Ending months of speculation, General Growth, along with 158 of its 200-plus U.S. malls, filed for Chapter 11 protection while it tries to refinance its debt.

The following are five k ...[more]

State Street stock falls on accounting worries
). share price fell as much as 10.6 percent on Thursday as investors worried that new accounting rules might not help the financial services company as much as they had initially hoped.

...[more]
Financial regulation may suffer from political risk

How the Connecticut Democrat responds to dismal approval ratings in his state could shape his committee's handling of an urgent push to overhaul financial regulation, said lobbyists, activists ...[more]

U.S. lays groundwork for bank stress test release

An official at the Federal Reserve said on Thursday that results of the tests, designed to see how the nation's 19 largest banks would fare should the U.S. recession prove unexpectedly severe ...[more]

FACTBOX: Largest U.S. bankruptcies

The company has assets of $29.56 billion and total debts of $27.29 billion, according to its bankruptcy petition. General Growth has warned since November that it may have to seek protection ...[more]

Business Books: Power tools for business travelers

The answers -- along with tips on packing, insurance, lost bags, delays, rip-offs, compensation, and common security issues like prescription drugs and wrapped presents -- are tendered by Scot ...[more]

Harley, Polaris results hint consumer flight slows
) and off-road vehicle maker Polaris Industries Inc() raised a glimmer of hope that the buyer pullback bedeviling consumer goods companies may be slowing.

The results came one day a ...[more]

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