Posts Tagged ‘firm’

FBI probes JPMorgan’s $2 billion trading loss

The Justice Department is investigating the $ 2 billion trading loss of financial firm JPMorgan Chase & Co. with its sub-agency Federal Bureau of Investigation (FBI) leading the inquiry, according to an unnamed source cited by the Wall Street Journal. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Fired dockworkers get $400,000 settlement in age discrimination lawsuit

Eight former dockworkers from Texas fired in 2007 because of their age are getting $ 400,000 settlement from a trucking firm after the U.S. Equal Employment Opportunity Commission (EEOC) won an age discrimination lawsuit filed on their behalf. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

India okays purchase of $560M artillery from U.S. firm BAE

The Indian government has approved the purchase of 145 ultra-light M777 howitzers worth $ 560 million from the United States unit of British firm BAE Systems Inc. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Olympus ex-chairman arrested in accounting probe

Diane Alter – AHN News Reporter Tokyo, Japan (AHN) – The former chairman of Olympus Corp. and two other former company officials were arrested Thursday by Tokyo police in a continuing investigation into the company. The three men — ex-chairman Tsuyoshi Kikukawa, ex-vice president Hisahi Mori, and former auditor Hideo Yamada — all face charges [...]

Guide: How to Invest in Penny Stocks

Guide: How to Invest in Penny Stocks Article by Ryan Ashton Ask any investor what a stock trading under $ 5 is and they will tell you it is a penny stock, microcap stock, or nano stock. These three terms are for the most part interchangeable. However the broader definition of a penny stock refers [...]

DealBook: Panel Questions Corzine on MF Global

Jon S. Corzine appeared before the House Agriculture Committee to answer questions about the collapse of his brokerage firm. View full post on Business Stories

Fannie Mae needs bigger lifeline

Losses widened at mortgage giant Fannie Mae in the third quarter, forcing the government-controlled firm to request another $7.8 billion from the Treasury Department. View full post on Business Stories

MF Global fought limits on foreign debt bets

More than a year ago, federal regulators tried to put new limits on the types of risky bets on foreign sovereign debt that brought down Wall Street firm MF Global this week. View full post on Business Stories

Best Use of Products in Office Design

If you have a cool product, follow the lead of these four innovative companies in building your own brand, products, and materials into your workplace. Wilson , the Chicago-based manufacturer of sports equipment, wanted a way to design a space that would channel the energy of professional sports players into the creative energy of its [...]

Habitat’s at home with Argos

HABITAT, the once-trendy home furnishing firm beloved by middle England, was yesterday bought by Argos owner Home Retail Group after its UK arm was placed into administration. View full post on Business Stories