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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 100-110
  • Former SAC manager Orenstein joins SAC alum Sapanski at Scoria

    A former top portfolio manager for Steven A. Cohen's now-defunct SAC Capital Advisors hedge fund is joining Scoria Capital, a hedge fund founded by another SAC alumnus. Ted Orenstein will become a senior partner and head the industrials sector at...
  • Dollars still on sale on Russian streets, but they will cost you

    The official exchange rate was still in the 60s, and the sign on the currency exchange kiosk's door said there were U.S. dollars on sale at 80 roubles. The woman at the window wanted 85. At the exchange points that are a fixture across the Russian...
  • Robert B. Reich: The coin of the realm

    A few years ago, hedge fund Level Global Investors made $54 million selling Dell Inc. stock based on insider information provided by a Dell employee. When charged with insider trading, Level Global Investors co-founder Anthony Chiasson claimed he didn't...
  • RadioShack has a new interim chief financial officer

    DALLAS RadioShack has a new interim chief financial officer, again. The struggling Fort Worth-based consumer electronics chain said last week that it planned to slash operating costs by $400 million including moves that will save $41 million on...
  • California controller warns of $72 billion unfunded retiree benefits

    California State Controller John Chiang warned on Tuesday of a growing $71.8 billion unfunded liability to cover the state's retiree health and dental benefits. The cost is up $7.2 billion from 2013, in part due to new mortality assumptions that men live...
  • Russian turmoil unlikely to slow Fed's cruise to first rate hike

    The U.S. Federal Reserve stared down a volatile global economy in October to keep its plans for an eventual interest rate hike on track, and is likely to do so again this week amid plunging oil prices and a potential currency crisis in Russia. The...
  • Jerry Brown plans to target cost of retiree healthcare

    Gov. Jerry Brown plans to address the growing cost of healthcare for retired state workers next month when he releases his new budget proposal, a spokesman for his finance department said Tuesday. The statement came shortly after the state controller...
  • Advocacy group protests CIT Group deal for OneWest Bank

    Advocacy group protests CIT Group deal for OneWest Bank
    National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved. News of the loss coverage, part of a Freedom of...
  • California leaders vow to continue climate change action

    California leaders vow to continue climate change action
    California's political leaders pledged Monday to advance the state's landmark laws on climate change and fend off challenges from opponents such as oil companies. "We're just at the beginning," Gov. Jerry Brown said. "There's still lots of skeptics...
  • Washington state's landslide report lays out steps for preventing future disasters

    OLYMPIA, Wash. The commission appointed by Washington Gov. Jay Inslee to determine how to better avoid and respond to landslides released a slew of recommendations Monday that included a call for more laser mapping of landslide-prone areas. In all, the...
  • As oil prices fall, so do Alaska budget hopes

    As Allen Newton, 58, filled his ice-caked Ford Expedition for $3.15 a gallon, he happily tried to remember the last time gasoline was so cheap here in Alaska's biggest city. "It's been a long time coming," Newton said Sunday afternoon, breath steaming...