Daily News Channel
The United States and Cuba should show some flexibility and take steps to improve relations, New Mexico Gov. Bill Richardson said Friday during a weeklong trade mission to the island nation. “There is a good atmosphere [between the two countries],” he said at a news conference in Havana on Friday.
The head of Britain’s top banking watchdog supports the idea of new global taxes on financial transactions, warning that a "swollen" financial sector paying excessive salaries has grown too big for society.
The Pirate Bay — the BitTorrent tracker revered by file sharers across the globe and reviled by some of the world’s biggest entertainment companies — is under siege like never before.
German prosecutors are investigating Porsche’s former chief executive Wendelin Wiedeking and other people close to the sports carmaker, alleging market manipulation and passing on inside information in their failed takeover attempt of Volkswagen. Prosecutors in Stuttgart on Thursday raided the headquarters of Porsche, which recently agreed to merge with VW after an attempt to acquire the much bigger rival had pushed it to the brink of bankruptcy. A Porsche spokesman rebuffed the prosecutor’s allegations
Formula One’s new Team U.S.
Beware: this new $599, All-You-Can-Jet flight pass from JetBlue, which allows unlimited travel for customers between Sept.
The usual way to test the economic pulse in a downturn is to go for a stroll down Main Street.
Author Kurt Andersen’s new book, Reset: How This Crisis Can Restore Our Values and Renew America, examines the economic, political and cultural opportunities to be found in the wake of the financial crises.
Insurance companies have always been an effective villain in the health-care reform debate, but this year the industry thought things might be different. Recognizing the growing sentiment for some kind of change and fully aware that universal coverage would help bulk up their rolls as baby boomers age into the Medicare system, private insurers early on declared their support for President Obama’s health reform effort
Kenneth Lewis’ days as chief executive of Bank of America may finally be numbered. Observers and investors say a settlement with the Securities and Exchange Commission may ultimately cost Lewis the top job at the nation’s largest bank. On Monday, the bank agreed to pay $33 million to settle Securities and Exchange Commission charges that Lewis and other executives misled the bank’s investors prior to its $50 billion purchase last year of brokerage firm Merrill Lynch.