76290 results returned for search: "" category "Business"
NEW YORK (Reuters) - Bermuda-domiciled Lazard Ltd. reported a fourth-quarter loss yesterday, hurt by compensation expenses stemming from the death of its chief executive, legendary Wall Street dealmaker Bruce Wasserstein.
The New York-based investmen...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Bank of America Corp., the nation's largest lender, will pay investment-banking employees bonuses of about $4.4 billion for last year, or an average of $400,000 each, a person close to the bank said.
As much as 95 percent will ...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
White Mountains Insurance Group Ltd. swung to a profit of $100 million for the fourth quarter of 2009, having posted a net loss of $213 million during the same period in 2008.
The Bermuda-based re/insurer recorded a net income of $470 million last ye...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
Bermuda-based Orient-Express Hotels Ltd. has confirmed the completion of its acquisition of Grand Hotel Timeo and Villa Sant'Andrea in Taormina, Sicily from The Framon Group for a combined price of 81 million euros ($117 million).
The owner or part-o...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
WASHINGTON (Reuters) - President Barack Obama's pay czar yesterday predicted the issue of hefty bonuses for AIG employees would end in March and denied a Republican claim that the firm outmaneuvered the Obama administration.
"It ends this March with ...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
BC-BRITAIN-JOBS/REC (EMBARGO 0001 GMT)
UK job market recovers further in January - REC/KPMG
LONDON, Feb 3 (Reuters) - Britain's labour market is slowly starting to recover, with the biggest increase in job vacancies in two-and-a-half years and a rise...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
Government has been spending beyond its means for many years now and has failed to heed the warning signs of rising debt.
That is the view of Shadow Finance Minister Bob Richards, who said that with public debt rising to $850 million, including the B...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
NEW YORK (AP) - A disappointing report on services industries halted a two-day advance in the stock market.
The Dow Jones industrial average fell 26 points yesterday after jumping a total of 230 points in the first two days of the week. The broader S...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
NEW YORK (AP) — The chairman and CEO of cruise operator Carnival Corp. received compensation worth $7.2 million in fiscal 2009, a 51 percent jump from a year ago, when he did not receive a performance bonus.
Micky Arison received a base salary of $88...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
BC-EU--Britain-Economy, 1st Ld-Writethru,0336
UK consumer confidence up in January
LONDON (AP) -- Consumer confidence rose in January in the United Kingdom although households' inclination to spend fell somewhat, a bank survey said Wednesday, while a...
DATE: Feb 04, 2010
|
CATEGORY:
Other
|
