| Mar 17, 2015
| 12:19 PM
Just as the Federal Reserve seems to be inching toward an interest rate hike because of the strengthening U.S. job market, its task is getting more complicated: Several key sectors of the economy are flashing some signs of weakness.
| Mar 15, 2015
| 12:30 PM
I need to apologize to that growing class of big bankers who have admitted -- time and time and time again -- to fleecing their own clients and the entire global financial system through wholesale, systematic fraud and abuse. In the past I've called you...
| Mar 13, 2015
| 10:37 AM
Shares in Carmike Cinemas, the nation's fourth largest theater chain, surged 12% follow a report the company was looking for buyers.
In early afternoon trading, investors sent shares climbing as high as $34.90, a new 52-week high, after Reuters reported...
| Mar 11, 2015
| 2:39 PM
Bank of America must revise its plans for increasing dividends or buying back its own stock, the Federal Reserve has ordered, citing gaps in the bank's risk planning.
The Fed announced the decision Wednesday as part of its "stress tests" — an...
| Mar 8, 2015
| 5:01 AM
MOUNT KISCO, N.Y. — On a stretch of highway not a half-hour from Fairfield County, just off the Saw Mill River Parkway, luxury auto dealerships fall in line, one after the other: BMW, Volvo, Lexus — and Tesla, the relatively new kid on an...
| Mar 2, 2015
| 2:31 PM
A major shareholder in the parent of Webster Bank is urging the Waterbury-based lender to spin off its health savings account business, now the largest in the country.
In a post on its website Monday, Kerrisdale Capital said Webster Financial Corp.'s HSA...
| Mar 2, 2015
| 1:30 PM
Consumer complaints about debt again topped the list of concerns for Illinoisans last year. But identity theft, including rampant data breaches in recent years, was the No. 2 complaint and is garnering more attention, according to Illinois Attorney...
| Feb 26, 2015
| 3:22 PM
An investment arm of SunTrust Banks Inc. has acquired DreamWorks Animation's plush, Tuscany-style campus in Glendale.
In a regulatory filing on Thursday, DreamWorks Animation disclosed that SunTrust Equity Funding had signed an agreement earlier this...
| Feb 25, 2015
| 4:10 PM
Morgan Stanley said Wednesday that it has agreed to pay $2.6 billion to settle with the federal government over its role in the mortgage bubble and subsequent financial crisis.
The settlement makes Morgan Stanley the latest Wall Street bank to reach a...
| Feb 18, 2015
| 4:09 AM
In recent months, the stage seemed set for American consumers to do what they've traditionally done best: Spend money — and drive the economy.
The lowest gas prices in five years had given people more spending money. Employers added over 1...
| Feb 12, 2015
| 11:07 AM
As hackers invade the computer systems of major companies with greater frequency and their corporate victims scramble to contain the damage and prevent future intrusions, these are boom times for cybersecurity sleuths.
Perhaps no security specialist has...