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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 12-22
  • Rauner calls for spending billions on public works projects

    Rauner calls for spending billions on public works projects
    Republican governor candidate Bruce Rauner on Wednesday called for spending billions of dollars a year on public works projects while Democratic Gov. Pat Quinn warned that if he loses re-election it will be “Siberia when it comes to investment in...
  • SEC hits conflict of interest at ratings agencies

    WASHINGTON Moving to address one of the principal causes of the 2008 financial crisis, the Securities and Exchange Commission on Wednesday in a split decision passed new rules designed to limit conflicts of interest in credit-rating agencies. The rules,...
  • Who's minding public pensions?

    In September 2012, Gov. Jerry Brown signed into law a modest pension reform measure that tried to close some of the loopholes that could inflate pensions. Last week the board of the California Public Employees' Retirement System, or CalPERS, diluted...
  • Alibaba revenue soars ahead of IPO

    Alibaba revenue soars ahead of IPO
    (Reuters) - Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its...
  • Nutanix raises $140 million as it readies for 2015 IPO

    SAN JOSE, Calif. A data storage company experts say is on track to become the next Oracle announced Wednesday a new round of funding that pushes its value to more than $2 billion. Nutanix, a tech firm that offers organizations from the U.S. Army to...
  • Workday raises revenue forecast as software subscriptions jump

    (Reuters) - Workday Inc reported a better-than-expected 74 percent rise in quarterly revenue due to strong growth in subscriptions for its Web-based human resources and financial management software, and the company raised its full-year revenue forecast....
  • Brazil telecom battle heats up as Oi tries to buy, split TIM

    RIO DE JANEIRO/PARIS (Reuters) - Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by...
  • California city looks to quit Calpers, fears it can't afford to

    LOS ANGELES (Reuters) - Officials in Villa Park are considering pulling the tiny California city from Calpers, saying the monthly costs of the state's giant public pension system are crippling the municipal budget. But Villa Park fears that pulling out...
  • Bankrupt Detroit offered bigger loan secured by art

    (Reuters) - A New York-based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this...
  • Serving clients, not beating markets

    (Reuters) - It may be that the future of wealth management lies not in beating the market but in helping the client beat her true opponent: herself. The traditional offering of the investment management industry - putting people into products which...
  • Factbox: Brazil presidential candidates' policy proposals

    With Brazil on the brink of a recession, President Dilma Rousseff's two main challengers in the October election are promising a return to orthodox economic policies and greater transparency to restore business confidence and investment. Following are...