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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 67-77
  • Pimco still sees longer-term value in Russian bonds - paper

    The world's biggest bond investor Pacific Investment Management Co (Pimco) sees the economic crisis in Russia having only a limited impact on the financial system in the longer run, investment chief Dan Ivascyn told a German newspaper. "Selected...
  • 2014 in review: Downers Grove

    2014 in review: Downers Grove
    With an ongoing debate about flooding, a community fight to save a 19th-century home, a drunk driving investigation, and yes—chickens—Downers Grove was ripe with controversial, provocative and intriguing news in 2014. Here's are some of the...
  • 2014 in review: Arlington Heights

    2014 in review: Arlington Heights
    Rising electric rates, a bailout for a downtown theater and schools giving up nearly $1 million in federal subsidies were among the most prominent local stories in the northwest suburbs in 2014. Here's a look at some of the year's biggest stories....
  • 2014 in review: Wheaton and Glen Ellyn

    2014 in review: Wheaton and Glen Ellyn
    New rules for selling alcohol, deals for downtown development, a fight over land at Butterfield and Route 53, and changes in longtime institutions marked 2014 in Wheaton and Glen Ellyn. Here's a look at some of the major events in the last year in these...
  • Derivatives exchanges prove resistant to regulatory change

    In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won ($42 million) in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion won of capital —...
  • Report: Al Jazeera Buys Top Turkish Pay-TV Operator Digiturk

    Turkish media are reporting that Sheikh Nasser Al-Khelaifi of Qatar has acquired a controlling stake in leading Turkish satellite pay TV operator Digiturk, which is to become part of the Al Jazeera Media Network, in what would mark the largest takeover...
  • Mayor during Dixon looting scandal won't seek re-election

    Mayor during Dixon looting scandal won't seek re-election
    The Dixon mayor who was at the helm for many of the years that the city's comptroller was looting the public coffers will not run for re-election in the spring. However, Mayor Jim Burke, 77, said the crimes of former Comptroller Rita Crundwell did not...
  • Soccer, Speedway projects facing more competition for state funds

    Soccer, Speedway projects facing more competition for state funds
    TALLAHASSEE — Florida's taxpayer investment in professional sports venues is about to get a lot richer. In Orlando, Daytona Beach, Jacksonville and Miami-Dade County, more than $900 million in stadium construction and refurbishment is underway....
  • UK banks must do more than stress tests to regain confidence: Bank of England

    Banks in Britain need to do more than pass health checks on their ability to withstand financial shocks, the Bank of England said, urging boards to improve the way their companies are run. The BoE also said that top bankers and other senior executives in...
  • Xiaomi raising over $1 billion from investors including GIC: source

    China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said. The fund raising was first reported by the...
  • Investing: 8 stocks to buy now

    We pick companies that will grow no matter what happens to the economy. Abbott Laboratories (symbol ABT, $44). The drug and medical-device maker has said it will sell part of its overseas generic-drug business for $5.3 billion. The deal will allow Abbott...