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Chinese Currency Reaches All-Time High

Posted 12.26.2011 | Business

SHANGHAI (Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-...

Agency Reverses Controversial Decision To Cut Agriculture Reports

AP | Posted 12.25.2011 | Business

WASHINGTON -- The Agriculture Department is reinstating several reports that it had targeted for elimination two months ago in a cost-cutting move. T...

China And Japan Agree To Start Talks On Free Trade Deal

Posted 12.25.2011 | Business

BEIJING (Reuters) - Japan and China agreed to start formal talks early next year on a free trade pact that would also include South Korea, Japanes...

IMF Head: World Economy In 'A Dangerous Situation'

Posted 12.25.2011 | Business

PARIS (Reuters) - The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on ...

The Calendar May Help Boost Sales This Holiday Season

Posted 12.25.2011 | Business

NEW YORK/LAS VEGAS (Reuters) - Retailers saw a steady flow of last-minute shoppers on Saturday, the day before Christmas, putting a moderate cap o...

ECB Official Hints At More Help If Economy Worsens

Posted 12.24.2011 | Business

MILAN (Reuters) - European Central Bank Governing Council Member Ignazio Visco said in a newspaper interview on Saturday that the bank will be att...

In 2012, Global Economy 'A Tale Of Two Worlds'

Posted 12.24.2011 | Business

LONDON (Reuters) - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the...

Sandwich Chain Eyes Possible Bankruptcy Protection

AP | Posted 12.24.2011 | Business

DENVER -- Quiznos says a majority of its creditors have agreed to a plan by the restaurant chain to restructure or pay off some $875 million in debt, ...

Procrastinating Shoppers Give Holiday Season A Last-Minute Boost

AP | MAE ANDERSON | Posted 02.23.2012 | Business

It's that time for caroling, eggnog, holiday cheer – and for some, a frantic dash to the mall. Last-minute shoppers hit stores on Christmas Eve...

The Year in Resignations: 2011

Joe Rodota | Posted 02.20.2012 | Business
Joe Rodota

In March 2011, the "Watergate Gallery" opened at the Richard Nixon Presidential Library and Museum in Yorba Linda, California, after what the New York...

AIG CEO Says He Plans To Stay Longer Than Expected

Posted 12.23.2011 | Business

American International Group Inc (AIG.N) CEO Robert Benmosche has told the company's directors that he would like to remain in his job longer than...

GE Admits Former Traders Rigged Bids, Agrees To Pay Millions To Stop Probes

Posted 12.23.2011 | Business

WASHINGTON (Reuters) - General Electric Co acknowledged that three former traders at a finance unit engaged in bid-rigging of municipal bonds and...

BofA Lagging Competitors In Complying With New Capital Rules

Posted 12.23.2011 | Business

Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more ass...

MF Global Collapse Puts Spotlight On Clearing Houses

Posted 12.23.2011 | Business

LONDON (Reuters) - The collapse of U.S. futures brokerage MF Global has brought to light inconsistencies in the way clearing houses operate, prom...

Struggling Company Agrees To Sell Major Unit

AP | Posted 12.22.2011 | Business

NEW YORK -- Eastman Kodak Co. said Thursday it has agreed to sell its gelatin business as the struggling photography pioneer looks to boost its dwindl...

Ron Dicker

Do Sports Teams And Casinos Mix?

HuffingtonPost.com | Ron Dicker | Posted 12.22.2011 | Business

The New England Patriots and Florida Panthers are seeking financial victories where many states do these days -- in casino construction. Both sports f...

Buyer For NYSE Gets Justice Dept. Approval For Deal Worth Billions

Posted 12.22.2011 | Business

WASHINGTON (Reuters) - Deutsche Boerse won U.S. antitrust approval to buy NYSE Euronext on Thursday in a $9 billion deal that has hit serious an...

Analysis: Region Formerly Gorged On Debt Adjusting To Great Stagnation

Posted 12.22.2011 | Business

LONDON (Reuters) - With governments laboring under too much debt and banks hobbled by too little capital, 2012 is shaping up as another year of ha...

U.S. Economy Grew Less Than Estimated Last Quarter As Healthcare Spending Plunged

Posted 12.22.2011 | Business

WASHINGTON (Reuters) - Economic growth was slower than previously estimated in the third quarter on a sharp drop in healthcare spending, but stron...

As Evidence Against Lenders Piles Up, Federal Prosecutors Have Stayed On Sidelines

Posted 12.22.2011 | Business

Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as jud...

FBI Reportedly Investigating Fannie Mae, Freddie Mac For Role In Subprime Crisis

The Huffington Post | Alexander Eichler | Posted 12.21.2011 | Business

It's been a bad month for Fannie Mae and Freddie Mac. The Securities and Exchange Commission announced last week that it was suing half a dozen for...

Americans May Be Forced To Scale Back If Payroll Tax Cut Expires

AP | By MARTIN CRUTSINGER | Posted 12.21.2011 | Business

WASHINGTON -- Some say they'll spend less on groceries. Others expect to cut back on travel. For many, there would be fewer meals out. Across the cou...

Ideas, Inventions and Patents are Worthless Without Knowing Who Will Buy Your Product

Jerry Chautin | Posted 02.20.2012 | Business
Jerry Chautin

The Pulvers needed help with forming a legal entity, advice on marketing and on protecting their product against knockoffs. So Dick Fenster put together a team of SCORE volunteers that included a lawyer and two engineers with patent and marketing experience.

Cities With The Most Money To Spend On Christmas Gifts

Posted 12.21.2011 | Business

Looking for an expensive Christmas gift? Track down family and friends living in the Washington, D.C. metro area. D.C. tops the list of cities wit...

Jillian Berman

Former Finance Chair Joins Occupy Movement

HuffingtonPost.com | Jillian Berman | Posted 01.14.2013 | Business

Carl Schweser made his money teaching people how to be a part of Wall Street. Now he's spending his retirement fighting against it. The 68-year-ol...