Latest News

published ~4 hours ago from: market news

Penthouse parent beefs up online biz ahead of IPO - guardian.co.uk

FriendFinder plans to use the IPO proceeds to pay down debt, helping it make future possible acquisitions. Bell has been CEO since 2004 and is also managing ...

published ~4 hours ago from: market news

Fed predicts economy will get worse - CNNMoney.com

By Chris Isidore, CNNMoney.com senior writer NEW YORK (CNNMoney.com) -- The US economy is likely to deteriorate further this year and unemployment will rise ...

published ~4 hours ago from: commodities

As Prices Rise, Some See $2 Gas - New York Times

... the drop in gasoline prices is just a drop in the bucket,” said Adam J. Robinson, director of commodities at Armored Wolf LLC, a hedge fund. ...

published ~4 hours ago from: market news

NYjudge restrains Merkin funds in Madoff lawsuit - Reuters

NEW YORK (Reuters) - A judge extended an order on Tuesday barring hedge fund founder Ezra Merkin from shutting down funds that had invested with accused swindler Bernard Madoff or withdrawing money from

published ~4 hours ago from: market news

Lawyer says Madoff cooperating with probes - Reuters

By Grant McCool and Martha Graybow NEW YORK (Reuters) - Bernard Madoff is cooperating with government investigations into his alleged $50 billion fraud, one of his lawyers said on Tuesday, as prosecutors

published ~4 hours ago from: market news

Retail woes hit Perry Ellis - Bizjournals.com

Apparel company Perry Ellis International (NASDAQ: PERY) of Miami added to the retail gloom on Tuesday by saying it anticipates lower fourth quarter revenue and profits.

published ~4 hours ago from: market news

paidContent.org - Midway Games Gets A Few More Weeks To Pay Off Debt - Washington Post

Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone

published ~4 hours ago from: market news

Ainsworth Appoints New President and CEO - FOXBusiness

Robert Allen will step down as interim-CEO and resume full time responsibilities as Chief Financial Officer of the Company. Jay Gurandiano said, "I would ...

published ~5 hours ago from: commodities

Business Highlights - Forbes

COLUMBUS, Ohio (AP) - Oil prices fell Tuesday as fresh signs of a deepening US recession trumped tensions in the Middle East and worries over natural gas ...

published ~5 hours ago from: market news

Stocks end higher on hopes for economic rebound - The Associated Press

NEW YORK (AP) - Wall Street brushed off more bad economic news Tuesday to finish with a moderate advance that left broad stock indexes at their highest levels in two months.