Putin: Shell could work with Rosneft in Arctic

Russia’s state-controlled oil company Rosneft could team up and swap shares with Royal Dutch Shell in an Arctic offshore deal similar to one that fell […]

RubinBrown expands in Denver

Clayton-based RubinBrown LLP is merging with Denver-based Bondi & Co. to create one of the 50 largest accounting firms nationwide, the two companies said Wednesday.
Bondi […]

Manufacturing in New York Cools - Bloomberg

Manufacturing in the New York region expanded at a slower pace than forecast in May, showing that surging raw-material costs are hurting confidence.
The Federal […]

India Manufacturing Grows Fastest in Five Months, Increasing Rate Pressure - Bloomberg

India’s manufacturing grew in April at the fastest pace in five months, increasing pressure on the central bank to raise interest rates for the ninth […]

Geithner Says ‘Unfair and Broken’ Tax System Is Cause of U.S. Deficit Woes - Bloomberg

Treasury Secretary Timothy F. Geithner said the U.S. needs to overhaul its tax code in order to rein in the national debt and preserve economic […]

Yuan Forwards Predict Most Gains in Five Months; Currency at 17-Year High - Bloomberg

Yuan forwards traded at the biggest premium to the spot rate in more than five months, reflecting speculation the central bank will allow faster currency […]

Closing arguments set at NYC insider trading trial

The only trial to result so far from the biggest hedge fund insider trading case in history is ready for closing arguments after seven weeks […]

Let Bush-Era Tax Cuts Expire, Return to Clinton Tax Rates, Greenspan Says - Bloomberg

Former Federal Reserve Chairman Alan Greenspan said tax cuts put in place by former U.S. President George W. Bush should be allowed to expire and […]

Don’t Expect Your Paystub to Signal Inflation: Caroline Baum - Bloomberg

Long and variable lags.
I doubt that inviolable tenet of how monetary policy works is etched into the cornerstone of the Federal Reserve Board in […]

New Zealand Growth May Slow to 0.3% This Year After Earthquake, Group Says - Bloomberg

New Zealand’s economic growth may almost stall this year, a nonprofit research group predicted, after earthquakes in Christchurch caused an estimated NZ$20 billion ($15 […]