Obama casts Romney as the proponent of tax hikes
Countering the Republican argument that Obama's proposals would hurt small businesses, Obama charged that Romney's tax proposal would force many people to give up popular tax deductions for home mortgages, health care and college tuition.
Floods, quakes hold back Europe's insurers
graemewearden: Finnish PM Katainen: then and there step in euro crisis must be a solution to 'panic mentality' in markets; cites peripheral bond yields #business. More...
Obama pitches tax cuts as pocketbook issue in Ohio
(AP) WASHINGTON - Dueling with Republicans on taxes, President Barack Obama is urging the House to pass a tax cut for households earning less than $250,000 a year and drawing a bright line with rival Mitt Romney on a pocketbook issue for voters. More...
Macau casino revenue growth at slowest since 2010
Casino revenue in Macau, the world's biggest gambling market, grew last month at the slowest pace in more than two years as China's economic slowdown crimped demand from high-rolling gamblers. More...
Meet the men who bankroll restaurants
When they attend events just as The Good Food Guide Awards, you on the whole find them quietly positioned on the edge of the action. They are the moneymen who underpin Sydney's restaurant scene. More...
Olympus Sees Violation of Laws Possible With U.S. Disclosure
Olympus Corp. , the world's largestmaker of endoscopes, uncovered "irregularities" at a doctor-training program in Brazil that may have violated U. More...
70 of Solebury financial adviser's clients invested $30M in Ponzi scheme
The Securities and Exchange Commission has sued a Bucks County financial adviser who allegedly convinced customers to invest in what turned out to be a Ponzi scheme. More...
Fitch Rates Level 3 Financing Secured Credit Facility 'BB/RR1'
Fitch Ratings has assigned a 'BB/RR1' rating to Level 3 Financing, Inc. 's proposed $1. 415 billion senior secured credit facility. The facility is expected to include a minimum of $300 million tranche maturing in February 2016 and up to a $1. More...
Gov't bars Fannie-Freddie from reducing principal
DeMarco said an extensive analysis by the FHFA found the potential benefit was too small compared with the costs and risks. The risks include as many as 19,000 borrowers strategically defaulting on their loans, according to the analysis. More...
RBI eases norms on forex exchange earning retention
Compulsory conversion of a portion of foreign exchange into rupee was enforced to deal with sharp volatility of in the forex market since March this year. More...