IPO Reporter

DETROIT (Reuters) - The United Auto Workers and American Axle & Manufacturing Holdings Inc reached a tentative contract agreement late Friday aimed at ending an 11-week-long strike that had triggered thousands of layoffs and cost General Motors Corp at least $1 billion.
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WASHINGTON (Reuters) - U.S. exports have been helped by a weaker dollar and this is providing a boost to an otherwise weak economy, Federal Reserve Bank of Atlanta President Dennis Lockhart said on Saturday.
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KUALA LUMPUR (Reuters) - American International Group Inc plans to establish a global shared services and data centers in Malaysia through one of its subsidiaries, the insurance giant said on Saturday.
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NEW YORK (Reuters) - U.S. consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems still plaguing the economy.
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NEW YORK (Reuters) - Stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years.
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SAN FRANCISCO (Reuters) - Microsoft Corp walked away from its bid to buy Yahoo Inc on Saturday after the Internet company turned down its offer to raise the price by $5 billion to $47.5 billion.
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OMAHA, Nebraska (Reuters) - Warren Buffett said on Saturday said the U.S. Federal Reserve avoided financial market "chaos" in coordinating the March bailout of Bear Stearns Cos , which faced imminent bankruptcy before agreeing to be acquired by JPMorgan Chase & Co .
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Results 35 - 51 of 1441

Fraud was rampant in US housing bubble-economist

ANNANDALE-ON-HUDSON, N.Y., April 18 (Reuters) - Fraud was a basic feature of the run-up in U.S. housing prices that eventually led to the current crisis and record foreclosures, according to an eco...
USDA resists deep changes to meat, poultry rules

WASHINGTON (Reuters) - U.S. safeguards on the meat and poultry industry do not need a major overhaul, the Agriculture Department said on Monday, despite a record meat recall this year and lawmakers' g...