The fiscal cliff and “Taxmageddon” are terms for what might happen at the end of this year, when various US tax cuts and benefits expire, and the automatic “sequestration”...
Regulators, in part, are concerned that banks may have shared information about Facebook with certain clients, rather than broadly with investors.
One of the largest operators of short-line railroads in the United State says it is in preliminary discussions toward a possible sale.
Wild gyrations of stocks based on the barest mention by short-sellers revive the debate on whether rules should require disclosures of big short positions.
ROUND-UP “After a strong session for global equities, the mood turned sour again as fears over Greece’s potential exit from the euro region mounted after the country’s...
SAP, which battles with Oracle as the rival titans in enterprise software, will be expanding its cloud-based services with the acquisition.
The Ontario Securities Commission on Tuesday filed charges against Sino-Forest, a Chinese company that once traded in Toronto, and five of its former executives, saying that the company had overstated...
The former executive assistant for the hedge fund titan Raj Rajaratnam describes a call she received from Rajat Gupta on Sept. 23, 2008 about 10 minutes before the market close.
Two regulators confirm reports that their agencies had opened investigations into JPMorgan's trading debacle and said they were weighing whether it would reshape rules for Wall Street.
Over the last five months, the private equity firm CVC Capital has sold a 21 percent stake in Formula One to three investors for a combined $1.6 billion, according to a person with direct knowledge of...
Or the Greek-German relationship, told through tourism.I ask Germans to choose Greece for their summer holidays.That’s Alexis Tsipras speaking to reporters in Berlin on Tuesday –...
Britain's Serious Fraud Office said that the way it had handled some seized material in an investigation into the role of a property developer in the collapse of the Icelandic bank Kaupthing "was flaw...
Successful or not, Facebook’s IPO has taught us one very important thing over the last two days.The blogosphere/Twittersphere knows extremely little about greenshoe IPO mechanics....
The little guy always gets ignored, as these charts from Nomura’s Jens Nordvig and Dimitris Drakopoulos show:What stands out is how poor Malta’s vulnerability...
After months of wrestling with regulators, Google has closed its $12.5 billion acquisition of Motorola Mobility, Jenna Wortham reports on the Bits blog. In a blog post of his own, Google's chief, Larr...
This. Is. Marktverwerfung:That’s a 0.00 per cent coupon on €5bn of two-year German debt to be sold this Wednesday.Marktverwerfung – market dislocation –...
Mark Zuckerberg and marriage. | Matt Cohler, one of Facebook's early employees, on entrepreneurship. | A collision at the intersection of Wall Street and Silicon Valley.
Hat tip to Dan McCrum for passing along. Ackman’s bullishness on JC Penney is mostly about CEO Ron Johnson and his new management team, but there’s a lot in here on pricing models,...
Alexey Yakovitsky, chief executive of the Russian investment bank VTB Capital, said in an interview that troubles in the euro zone economy were "undermining the European banking system" and creating o...
At midday on Tuesday, shares of the social network giant were off nearly 15 percent from their initial public offering price.
Finally, we have seriously reiterated our request to take advantage of a direct financing line from the Greek Central Bank, via the ELA (emergency liquidity assistance), the public...
One reserve currency to rule them all.But does it need to be this way? Or is it indeed possible to have two, or even several such currencies? Or to get straight to the heart of it:...
After a series of accounting failures and other scandals, Hong Kong's top securities regulator on Tuesday defended new proposals that could subject bankers to civil or criminal prosecution over mislea...
Another day… another round of eurozone soul searching. This time UBS has sent out a Tuesday triptych of eurozone angst.The first note, from Paul Donovan, covers off...
Highlights from the DealBook newsletter.
EXCLUSIVE: America can no longer afford to "wing it" in expending blood and treasure; instead, U.S. needs a renaissance in strategic thinking, strategic action.
The former Massachusetts governor moves closer to the 1,144 delegates needed to secure nomination.
And, what actually happened during the nearly four years he has been in office? The answer is that America has fallen behind on the most pressing issues of the day. Maybe that explains why he is busy...
EXCLUSIVE: The American public has caught on to the global warming alarmist agenda and rejected it. Sen. James Inhofe predicts they will reject President Obama's far left environmental policies.
Markets Live chat transcript for the chat ending at 11:10 on 22 May 2012. Participants in this chat were: Paul Murphy Bryce Elder/FT PM hi therePM it’s TuesdayPM...
Good morning, New York…FT ALPHAVILLE Money keeps leaving Italy: David looks at Italy’s Balance of Payment numbers, out on Monday. In March, foreigners ran away from...
The French hotel operator has agreed to sell its American budget hotel business, including the Motel 6 brand, to the private equity firm Blackstone for $1.9 billion, as Accor focuses on fast-growing e...
In a season of nightmare projections for Europe, this one could be the scariest: Greek leaves the euro currency union at the same time Spain's banking system is collapsing. Investors are preparing for...
Something is up with China’s steel production. It reached record levels in March, driving up expectations of rising coking coal and iron ore prices. As the FT and Reuters have reported,...
What headline factoid to use?Hands-Off policy fails UKHysteresis hysteria hobbles BritainPrices will come down, IMF tells CameronOsborne told: ‘Go for growth’...
The de-euroisation continues and is, in Italy at least, getting faster… these charts show foreigners running away from Italian liabilities in March at their fastest pace ever,...
Elsewhere on Tuesday,- JP Morgan has an excess deposit problem (although it’s not just JP Morgan who has that problem).- And, oh look, a trading opp!- *This* is how...
There is no link between reading level and intelligent ideas.
Those who have drunk foreign sodas know that American soda is awful. Why? Because it is sweetened with artificial-tasting high-fructose corn syrup, while foreign sodas are made with natural cane sugar...
The logic of liberty and a deeper meditation on scripture had both led Anne Hutchinson to the ultimate bounds of libertarian thought.
A widespread sentiment today, especially among conservatives, holds that if America could just get back to the Constitution, the nation would go a long way to resolving its greatest challenges. This s...
France is determined to push the idea of jointly guaranteed bonds as a new form of borrowing for eurozone countries despite Germany’s opposition, the FT reports. Pierre Moscovici,...
by Kathy Shaidle Long ago, crazy people at least had the good sense to pretend they were heroes. Asylums were packed with dueling Napoleons. Rival Jesuses (Jesuii?) challenged each...
by Patrick J. Buchanan Three months ago, George Zimmerman, a neighborhood watch volunteer in Sanford, Fla., shot and killed Trayvon Martin. Handcuffed, taken in and interrogated, Zi...
Sen. Rand Paul successfully added language that says act should not "be construed as a declaration of war."...
If the Glass-Steagall Act had still been in effect in 2008, it probably would not have prevented the financial crisis.
GOP State Convention votes to deny Anuzis and RNC Committeewoman Holly Hughes leadership positions, in an unforeseen turn of events.
Much of the blame for Facebook's initial public offering debacle is landing on Morgan Stanley, the lead banker.
The trial of Rajat K. Gupta, a former director of Goldman Sachs and Procter & Gamble, began on Monday. Mr. Gutpa is accused of leaking boardroom secrets about those two companies to a friend and...
The Commodity Futures Trading Commission is circulating a preliminary proposal to apply new rules not only to banks in the United States, but also American banks that have foreign units.
There is plenty of blame to go around for the dismal debut of Facebook, including high-frequency traders, Wall Street, Nasdaq, Morgan Stanley and the company itself, writes Floyd Norris on the Economi...
After missing the warning signs of the financial crisis and the Ponzi scheme of Bernard L. Madoff, the S.E.C. has adopted several new strategies to restore its credibility.
ROUND-UPThe S&P 500 went into rebound mode, closing up 1.6 per cent at 1,315.99, its largest one-day gain in two months (Bloomberg). Shares in Apple rose 5.8 per cent, helping...
With a hat tip to Blood and Treasure, the Committee of 100 (how mysterious does this lede sound already?) has released a big survey of how the US and China see each other. Previous one was in 2007....
We ran a couple of posts last week about the declining daily trading volume in US equities the last few years (during a time in which share prices have climbed).The first asked...
A freelance beauty consultant, a fourth-grade teacher and a psychiatric nurse are among the 12 New Yorkers who will decide the fate of Rajat K. Gupta, a former director of Goldman Sachs and Procter &#...
Jamie Dimon, the chief executive of JPMorgan Chase, who has been critical of the Volcker Rule, took a more measured stance on the regulation at an industry conference on Monday.
Michael Moritz, a partner at Sequoia Capital, is scaling back on his day-to-day responsibilities because of a "rare medical condition," according to a letter he sent to investors on Monday, which was...
First it was John Dizard arguing that Greece could issue scrip and have this circulate as “money” during a funding stand-off with the Troika — without getting...
A well-connected executive goes to court on insider trading charges and men begin flocking to fields dominated by women.