Bankrupt Airline To Consider Huge Merger
DALLAS -- American Airlines says it is agreeing with creditors to consider potential mergers while it is still under bankruptcy protection. American ...
DALLAS -- American Airlines says it is agreeing with creditors to consider potential mergers while it is still under bankruptcy protection. American ...
AP | DANIEL WAGNER | Posted 05.14.2012
WASHINGTON -- JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a slo...
AP | MARCY GORDON | Posted 04.24.2012
WASHINGTON — Federal regulators are accusing a prominent corporate and government credit rating agency and its president of making false stateme...
The Huffington Post | Jeffrey Young | Posted 04.20.2012
Health care costs are rising at an ever-increasing pace, according to a new report. Health insurance companies and Medicare paid 5.8 percent more p...
AP | BERNARD CONDON | Posted 06.02.2012
NEW YORK — The bulls weren't bullish enough. The stock market just had its best first quarter in 14 years. The surge has sent Wall Street analy...
AP | Posted 05.13.2012
NICOSIA, Cyprus — International credit ratings agency Moody's downgraded euro member Cyprus to junk status Tuesday on heightened concerns over i...
The Huffington Post | Kate Abbey-Lambertz | Posted 02.28.2012
While the Detroit real estate market showed steadily-dropping home prices for the fourth straight month in December, the market may be slowly improvin...
AP | CHRISTINA REXRODE | Posted 04.22.2012
NEW YORK — It came and went in a flash each time, a number on a board for mere seconds, but its symbolic power couldn't be dismissed. The Dow J...
24/7 Wall St. | Michael Sauter, Charles Stockdale, Ashley Allen | Posted 02.15.2012
From 24/7 Wall St.: The Greek government on Sunday agreed to drastic austerity measures in the hopes of securing a 130 billion euro bailout from inter...
Reuters | Posted 03.31.2012
* S&P says MF Global touted capital, liquidity strength * One week after email to S&P, MF Global failed * House lawmaker...
Steve Kettmann | Posted 03.21.2012
No one should underestimate the severity of the crisis gripping the Euro zone. But press speculation on the euro's demise -- often with the tone that it was about to happen -- any second! -- has been more about media fashion than understanding of Europe.
Bernard-Henri Lévy | Posted 03.19.2012
Could we be living in an era of such madness, one that has lost its compass and its points of reference to such an extent that this affair of one of the three major rating agencies' withdrawal of America's and then France's triple "A" has taken on such importance?
Reuters | Posted 03.17.2012
By Kevin Lim and Emily Kaiser SINGAPORE, Jan 17 (Reuters) - The head of Europe's bailout fund said on Tuesday that Sta...
Adam Levin | Posted 03.16.2012
In keeping with a tradition firmly established in the 20th century, Europe suffered a late-night bombing raid on Friday evening.
AP | By ANGELA CHARLTON | Posted 01.14.2012
PARIS -- France's prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a...
Mohamed A. El-Erian | Posted 03.14.2012
The chatter on Friday's downgrades of European sovereign ratings debt is all over the place. Here is an attempt to provide a guide to the multifaceted implications.
HuffingtonPost.com | Bonnie Kavoussi | Posted 01.14.2012
Standard & Poor's Ratings Services slashed the credit ratings of nine eurozone countries on Friday, marking a deterioration in confidence in the troub...
Jeff Greene | Posted 03.14.2012
Standard and Poor's, Moody's, and Fitch -- also known as The Big Three -- lost much of their credibility as they failed to act as reliable brokers of information and played a big part in creating the economic crisis that began in 2007. In effect, the market has downgraded them.
Elena Panaritis | Posted 03.14.2012
We need to prove that the European Union is made of countries with a flexible yet robust productive base capable to innovate, attract new ideas and boost entrepreneurship.
AP | By PAN PYLAS | Posted 01.10.2012
LONDON -- A number of euro countries, including Italy, could see their credit ratings downgraded by the end of this month as they struggle to cope wit...
Posted 12.29.2011
Standard & Poor's placed Sears Holdings Corp's credit rating on review for a possible downgrade on Wednesday, saying the retailer's plan to close ...
Posted 12.22.2011
NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...
AP | The Associated Press | Posted 02.20.2012
Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes re...
AP | SHAWN POGATCHNIK | Posted 02.15.2012
DUBLIN — Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would con...
AP | MATT CRAFT | Posted 02.07.2012
NEW YORK — Financial markets slumped Thursday after the head of Europe's central bank dashed hopes that the bank was preparing to help extinguis...
AP | DAVID KOENIG | Posted 05.12.2012