Target puts CEO’s name on Indian office

Target Corp.’s office in Bangalore, India has a new name — that of company CEO Gregg Steinhafel.
Until now known as C2, Target’s largest and newest […]

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China Lending Boom May Hamper Banks’ Asset Quality, BIS Says

China’s lending boom may erode the quality of bank balance sheets as a jump in lending was “unavoidably” linked to an easing of credit […]

Program allows partial unemployment benefit

Missouri wants more employers to take advantage of an existing state program that allows workers whose hours have been cut to draw partial unemployment […]

Time Warner Cable quarterly profit falls

Time Warner Cable Inc posted a third quarter profit that beat expectations, as growth in sales of voice and Internet services overshadowed a decline […]

U.S. planned layoffs fall for third month in Oct

Planned layoffs at U.S. firms fell for a third straight month in October to a 19-month low, feeding hopes the labor market will continue […]

Jobless claims fall to 9-month low

The number of first-time filers for unemployment insurance fell last week to the lowest level since January, according to a government report issued Thursday.
There […]

Execs make bank while stocks tank

Compensation for top executives at many of the nation’s largest publicly traded firms was essentially unchanged last year, even as the stock market plummeted, […]

12% of eligible borrowers helped by Obama plan

Mortgage servicers have picked up the pace of loan modifications over the past month, after coming under fire for not doing enough to help […]

Chinatrust offers $2.4 billion for AIG Taiwan unit: source

Chinatrust Financial, Taiwan’s top credit card issuer, offered $2.4 billion for AIG’s Taiwan Nan Shan Life unit, outbidding rivals, a source with direct knowledge […]

Treasurys mostly higher after auction

Treasury prices were mostly higher Thursday after the government sold $28 billion in 7-year notes and stocks surged to a 9-month high.
The government […]