Economy & Finance

Social media dispute resolution stumps some companies

Social media dispute resolution stumps some companies

Published 17/01/2013

(Reuters) - If HBO cuts out on you in the middle of the latest "Girls" episode, and you have Charter Communications Inc as your cable [more…]

Analysis: Preparing for the unthinkable: Could markets handle a U.S. default?

Published 17/01/2013

NEW YORK (Reuters) - Squabbling in Washington over the debt ceiling is again raising the specter that the United States may be forced to delay [more…]

U.S. consumer bureau issues rules to clean up mortgage servicing

U.S. consumer bureau issues rules to clean up mortgage servicing

Published 17/01/2013

WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau announced new rules for mortgage servicers on Thursday to help prevent the sloppy practices that aggravated [more…]

Bank of America capital markets co-head to lead commercial banking

Published 15/01/2013

(Reuters) - Bank of America Corp has named capital markets co-head Alastair Borthwick as its head of commercial banking, in a shuffling of veteran executives. [more…]

Banks shun exotic elements in their bonus pots

Published 15/01/2013

LONDON (Reuters) - Fears of a backlash from shareholders and regulators are preventing major European banks from copying Credit Suisse and paying bonuses in exotic [more…]

Renault aims to cut 7,500 posts in France by 2016

Published 15/01/2013

PARIS (Reuters) - Renault (RENA.PA ) wants to cut 7,500 posts in France by 2016 to help boost competitiveness as its domestic and European markets [more…]

ECB saves euro, lets economy hang: James Saft

Published 15/01/2013

(Reuters) - Mario Draghi has saved the euro, for the time being, but seems less inclined to help the economies in which it is used. [more…]

German economy contracted 0.5 percent in fourth-quarter on euro crisis

Published 15/01/2013

WIESBADEN, Germany (Reuters) - The German economy was hit hard by the euro zone crisis in the final quarter of last year, shrinking more than [more…]

Midcap stocks worth a close look

Published 14/01/2013

CHICAGO (Reuters) - Like the middle children they are, mid-cap stocks are often outshined by their mega-cap brethren. The largest two constituents of the S&P [more…]

Consumer watchdog strikes balance with mortgage rules

Published 10/01/2013

WASHINGTON/BALTIMORE (Reuters) - The U.S. consumer watchdog on Thursday finalized new mortgage rules that are expected to have little short-term impact on the housing market [more…]