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Financial Markets

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

Top Financial Markets Articles

Displaying items 78-88
  • Melvin Gordon dies at 95; longtime Tootsie Roll CEO

    Melvin Gordon dies at 95; longtime Tootsie Roll CEO
    Melvin Gordon, who led Tootsie Roll Industries Inc. for more than five decades, died Tuesday in Boston after a brief illness, the company announced. He was 95. Gordon was chairman and CEO of the Chicago-based confectioner for 53 years, overseeing the...
  • Tootsie Roll CEO Melvin Gordon dies at 95

     Tootsie Roll CEO Melvin Gordon dies at 95
    Melvin J. Gordon ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years and held the distinction of being the oldest CEO of any business listed on the New York Stock Exchange or the Nasdaq Stock Market. Mr. Gordon, 95, died...
  • S&P settles charges tied to ratings of mortgage-backed securities

    Standard & Poor's agreed Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities. In its first enforcement action against a major credit-rating company, the Securities...
  • Obama still reading from the same old script

    It's hard to believe that was only President Obama's sixth State of the Union address. It feels like he's given so many more. Maybe that's because the man seems to be constantly talking. And talking. The talking is the background noise of much of the last...
  • Why Greeks should dump the euro

    Why Greeks should dump the euro
    By electing left-wing Syriza party leader Alexis Tsipras to be premier, Greeks voted to end the draconian economic measures imposed by Germany and other international lenders. After the dust settles, German Chancellor Angela Merkel will either backpedal...
  • Paolo Virzi steps out of comedic comfort zone in 'Human Capital'

    Paolo Virzi steps out of comedic comfort zone in 'Human Capital'
    Italian filmmaker Paolo Virzý has long been considered one of the heirs of the Commedia all'italiana style of film comedy made famous by such directors as Dino Risi, Mario Monicelli and Ettore Scola. But Virzý noted that his films are much more than...
  • Dow drops 331 amid concerns about oil price dive, European weakness

    Dow drops 331 amid concerns about oil price dive, European weakness
    Plunging oil prices Monday spooked investors already nervous about weakness in Europe, leading to the biggest one-day drop in stocks in three months. U.S. crude oil dipped below $50 a barrel for the first time in nearly six years. Coupled with...
  • Lehigh Valley banking: In line or online?

    Lehigh Valley banking: In line or online?
    When First Niagara Financial Group announced plans to close 17 branches, including one at 16th and Allen streets in Allentown, it cited technology as the main reason. Bank branch traffic is on the decline, as is the number of transactions handled per...
  • Stocks slump on weak bank results

    Stocks slump on weak bank results
    Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday. Oil prices continued their slide, and U.S. government bonds jumped. Weak revenue from trading pulled down Bank of America's profit...
  • Dismal report on retail spending slams the stock market

    Dismal report on retail spending slams the stock market
    A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety. U.S. stocks fell from the start of trading on a report that consumers pulled...
  • Stocks end see-saw day lower; Oil remains volatile

    Stocks end see-saw day lower; Oil remains volatile
    Stocks swung from gains to losses and almost back again on Tuesday. The U.S. market opened the day higher, getting a boost from encouraging news on hiring and small business confidence. The market then swooned in the afternoon as oil closed lower. The...