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New York, August 31: Battered by the economic crisis, Freedom Communications Inc., which owns Orange County Register, is likely to file for Chapter 11 bankruptcy, according to The Wall Street Journal that cited unnamed people familiar with the situation.
Los Angeles, CA, August 30: The number of bank failures that the United States alone has witnessed in the first eight months of the calendar year 2009 has risen to 84. And counting.
New York, August 29: Indicted for orchestrating the biggest identity theft in the U.S. history, Albert Gonzalez of Miami agreed Friday to plead guilty.
New York, August 27: Driven by better performance at its corporate and investment bank, Credit Agricole, France's largest retail bank, Thursday reported net profit for the second quarter ended June 30.
New York, August, 25: With an aim to keep together the team that has weathered the deepest economic downturn since the Great Depression, President Obama will nominate Ben Bernanke to a second term as Federal Reserve chairman later today, according to administration officials.
New York, August 23: If you thought that banks fell like a pack of cards in 2008, you are probably right. If you think that 2008 was the worst year when it came to the financial sector, you are mistaken.
Los Angeles, August 22: In one of the biggest government-assisted deals offered to an overseas firm, Federal regulators seized the ailing Texas lender, Guaranty Bank, and sold it to Banco Bilbao Vizcaya Argentaria (BBVA) of Spain Friday.
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Delta Air Lines (NYSE: DAL) has received the dreaded one-star ranking.
New York, August 20: In a move to increase its presence online, Time Warner Inc. (TWX) has inked an online video distribution deal with Google Inc. (GOOG).
Zurich, August 20: In a groundbreaking deal that will end the dispute between the Swiss banking behemoth UBS AG (NYSE: UBS; SWX: UBSN; TYO: 8657) and the U.S Internal Revenue Services, the former will divulge the names of as many as 4,500 secret account holders suspected of tax evasion to the latter.
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