Headline News: Business

Market News, Finance News, Financial News, Business News

Anxiety over incomes hits consumer morale

By Doug Palmer WASHINGTON | Fri Feb 10, 2012 5:52pm EST WASHINGTON (Reuters) – Americans felt worse about their personal finances in early February, but rising confidence in the labor market’s prospects should help to support spending and the broader … Continue reading

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Greece warns bailout rebels of unknown, dangerous path

By Harry Papachristou and Lefteris Papadimas ATHENS | Sat Feb 11, 2012 5:32am EST ATHENS (Reuters) – The Greek government told rebellious lawmakers on Saturday to back a deeply unpopular EU/IMF rescue in parliament or send the nation down “an … Continue reading

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S&P suffers year’s biggest loss as Greek deal falters

By Ryan Vlastelica NEW YORK | Fri Feb 10, 2012 4:45pm EST NEW YORK (Reuters) – The SP 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece’s long-awaited debt deal ended … Continue reading

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The Bankruptcy Files, Fashion Week Edition: Barneys Tries Kirkland on for Size

February 10, 2012 6:41 PM The Bankruptcy Files, Fashion Week Edition: Barneys Tries Kirkland on for Size Posted by Brian Baxter As Fashion Week envelopes New York, Barneys New York has tapped Kirkland  Ellis for restructuring counsel. The assignment is the … Continue reading

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Italy doesn’t need firewalls, Europe does: Monti

NEW YORK | Fri Feb 10, 2012 7:39pm EST NEW YORK (Reuters) – Italian Prime Minister Mario Monti said Rome will not need bailout funds to overcome its debt crisis, but he reiterated that Europe should build large financial firewalls … Continue reading

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Greek cabinet approves EU/IMF bailout bill

By Lefteris Papadimas and Harry Papachristou ATHENS | Fri Feb 10, 2012 5:47pm EST ATHENS (Reuters) – The Greek cabinet approved a draft bill spelling out reforms required by the EU and the IMF on Friday, taking Athens closer to … Continue reading

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S&P suffers year’s biggest loss as Greek deal falters

By Ryan Vlastelica NEW YORK | Fri Feb 10, 2012 4:45pm EST NEW YORK (Reuters) – The SP 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece’s long-awaited debt deal ended … Continue reading

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Greece must back bailout or face catastrophe: Papademos

By Harry Papachristou and Dina Kyriakidou ATHENS | Fri Feb 10, 2012 3:34pm EST ATHENS (Reuters) – Greek Prime Minister Lucas Papademos told his turbulent coalition government on Friday to accept a harsh international bailout deal or condemn the nation … Continue reading

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Citi Report: Firms’ Profits Grew 3.3 Percent in 2011

February 10, 2012 1:01 PM Citi Report: Firms’ Profits Grew 3.3 Percent in 2011 Posted by Ed Shanahan By Dan DiPietro and Gretta Rusanow For law firms, 2011 was a tale of two years. The strong demand momentum coming into … Continue reading

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Am Law Lawyers Added to LGBT Bar Association Board

February 10, 2012 3:37 PM Am Law Lawyers Added to LGBT Bar Association Board Posted by Tom Huddleston Jr. When the National Lesbian Gay Bisexual Transgender (LGBT) announced the latest appointments to its board of directors this week, six lawyers … Continue reading

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