Independent voices from the TWT Communities
Standard Chartered PLC saw $9.1 billion wiped off its market value Tuesday after the New York state regulator accused the British bank of being involved in laundering money for Iran, dealing a further blow to the City of London's reputation as a financial center.
The Republican National Committee is airing a television ad that says President Obama tried and failed to fix the economy, and that it's OK to make a change.
Moody's Investors Service has lowered the credit ratings on some of the world's biggest banks, including Bank of America, JPMorgan Chase and Goldman Sachs, reflecting concern over their exposure to the violent swings in global financial markets.
Israeli entrepreneur Shai Agassi has begun rolling out the world's first nationwide electric car network. Now, will the drivers come?
British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank branches in the U.S., part of a new strategy to focus on fast-growing emerging markets.
AT&T Inc. said Friday that it's going to start limiting speeds for the 5 percent of its customers with "unlimited" data smartphone plans who clog the airwaves the most.
NEW YORK — Stocks fluctuated but showed some signs of stability today as Wall Street, still anxious that a credit crunch will crimp U.S. growth, struggled to recoup some of last week's steep losses.
NEW YORK — Stocks fluctuated but showed some signs of stability today as Wall Street, still anxious that a credit crunch will crimp U.S. growth, struggled to recoup some of last week's steep losses.
