Lloyd Blankfein: Big Banks in Sound Health, Despite Turmoil

Related Link: 

Goldman Sachs’ Lloyd Blankfein defended the financial health of the biggest banks, arguing that investors haven’t accounted for the steps taken to fortify balance sheets in the years since the financial crisis.

The Thorny Economics of Illegal Immigration

Related Link: 

Arizona’s economy took a hit when many illegal immigrants left for Mexico, but there were more jobs and higher wages for some low-skilled workers.

African Mining Conference Kicks Off With a Whimper

Related Link: 

The industry’s most important conference kicked off this week in Cape Town with the sector in a state of collapse.There were few deals to discuss as a colossal slump in commodity prices cast a pall over the sector’s biggest party.

African Mining Conference Kicks Off With a Whimper

Related Link: 

The industry’s most important conference kicked off this week in Cape Town with the sector in a state of collapse.There were few deals to discuss as a colossal slump in commodity prices cast a pall over the sector’s biggest party.

Legal Fees Cross New Mark: $1,500 an Hour

Related Link: 

Partners at some of the top U.S. law firms are approaching—and sometimes surpassing—the watershed billing rate of $1,500 an hour, making the $1,000-an-hour legal fees that once seemed so steep look quaint by comparison.

Wendy's Profit, Revenue Top Expectations

Related Link: 

Wendy’s reported profit that beat expectations by operating fewer of its own restaurants and by offering meals for $4.

Fortis to Buy ITC for $6.9 Billion

Related Link: 

Canadian utility operator Fortis agreed to buy U.S. electricity-transmission company ITC Holdings for about $6.9 billion in cash and stock.

Coke Results Top Expectations on Volume, Pricing Growth

Related Link: 

Coca-Cola reported better-than-expected profit and revenue for its fourth quarter, as higher volume and pricing helped offset the impact of weakness abroad.

U.K. Fines Ex-J.P. Morgan Executive Over 'London Whale' Trades

Related Link: 

A U.K. financial regulator fined a former J.P. Morgan executive more than $1 million for his role in the so-called London whale trading debacle of 2012 and his behavior during the subsequent investigation.

Small-Business Owners Grew Less Confident in January

Related Link: 

Small-business owners turned less optimistic about their economic prospects in January as a tumultuous stock market and intensifying concerns over global growth took a toll on confidence.

Syndicate content