U.S.
Bernanke To Congress: Fed Stimulus Benefits Clear
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond ...
Disney Is Latest Target Of Proxy Advisers Urging Split Of Chair, CEO Roles
Proxy advisers ISS and Glass, Lewis & Co. urged Walt Disney Co .shareholders to vote in favor of a proposal to split the chairman and chief executive roles now both held by Robert Iger. The ...U.S. Comptroller Defends Settlements with Banks, Hits Critics
A top U.S. bank regulator on Tuesday offered a lengthy defense of entering into settlements with banks, taking a swipe at critics who have questioned whether regulators are aggressive enough in ...JPMorgan Chase Cutting Up To 17,000 Jobs By Year-End 2014
JPMorgan Chase & Co. said on Tuesday that it plans to cut 17,000 jobs by the end of 2014, representing about 6.6 percent of the company's overall workforce, as the bank sheds staff that helped it ...Wall St. Cash Bonuses Up In 2012: N.Y. Comptroller
While still below pre-crisis levels, Wall Street cash bonuses are forecast to have risen in 2012 to their highest since 2010, New York state's comptroller said on Tuesday. The securities industry's ...
Profits For U.S. Banks In 2012 Highest Since 2006: FDIC
The U.S. banking industry in 2012 recorded its highest earnings since before the 2007-2009 financial crisis, according to data released on Tuesday by the Federal Deposit Insurance Corp. The FDIC said ...
Manufacturing Leaders Expect Growth: Travelers Survey
Travelers reported that nearly three-quarters of leaders in the manufacturing industry are expanding product and service offerings and 88 percent are hiring, based on results of a recent survey ...
Reuters Columnist James Saft: The Coming Dollar Bull Run
For all the dysfunction in Washington we could, it seems, be in the midst of an historic and potentially extended bull run for the U.S. dollar. The dollar is up a bit less than 4.0 percent over a ...