Markets
‘Green’ Energy Hasn’t Bloomed For Investors—Yet
The term "green energy" refers to the benign environmental impact of fuel sources, such as wind and solar, that President Barack Obama promoted in a speech on Tuesday. It does not refer to that ...U.S. First-Quarter Growth Cut To 1.8 Percent
U.S. economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports. Gross domestic ...
Europe Strikes Deal To Push Cost Of Bank Failure On Investors
The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that ...
Reuters Insight: Educated With A Dead-Beat Job; The Unseen Legacy Of Europe’s Crisis
As the first anniversary of her graduation in eco-tourism and cultural history approaches, Linnea Borjars remains jobless and frustrated. After finishing her studies at Sweden's Linkoping University, ...
More Firms Buying Offices in Foreign Countries Rather Than Renting
After decades of renting being the norm, companies with offices in the world's major cities are seeing more financial sense in buying their own buildings, prompted by a mix of cheap debt, stockpiled ...
Former AIG CEO Greenberg Must Face N.Y. Suit Over Reinsurance
Former American International Group Chief Executive Maurice "Hank" Greenberg failed to persuade New York state's highest court to dismiss a lawsuit seeking to hold him accountable for sham ...
Bondholders Would Lose More Than $1 Trillion If Yields Spike: BIS
Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements ...
Study Opens New Cracks In Scientific Front On Climate Change: Opinion
A major recent study has put the cat among the pigeons on climate change, challenging the size of the problem in the near-term and the role of a recent slowdown in warming. The paper, published in ...