| Fight Brews as Proxy-Access Nears August 25, 2009 at 9:44 pm |
| Companies are racing to derail or, more likely, weaken the SEC's "proxy access" rule that could upend board votes and add to business costs. |
| REITs Are Poised to Pick Up the Pieces August 25, 2009 at 9:37 pm |
| While overleveraged private real-estate funds are gasping for money, public property companies are now poised to become more-dominant players. |
| FAA Opens Southwest Airlines Parts Probe August 25, 2009 at 9:37 pm |
| Regulators have launched an investigation into how unauthorized parts were installed on at least 42 Southwest Airlines jets, and why the carrier's maintenance control procedures failed to flag the problem. |
| In Texas, No Relief on Electric Bills August 25, 2009 at 9:23 pm |
| Record-breaking heat in parts of Texas is causing electricity bills to soar, just when most consumers were expecting some relief from sinking natural-gas prices. |
| CFTC Seeks to Expand Its Policing August 25, 2009 at 8:26 pm |
| The CFTC is seeking a bigger budget to cover ambitious plans to expand its policing of commodities markets. |
| Iran Judiciary Targets Opposition August 25, 2009 at 5:23 pm |
| One of Iran's most prominent pro-reform figures admitted fomenting unrest and asked for forgiveness, the latest confession in the mass trial of opposition activists. |
| States Seek Slice of Rail Funding August 25, 2009 at 5:20 pm |
| States applied for billions of dollars for rail projects, marking the start of a stimulus program designed to kick-start high-speed rail. |
| Postal Service to Offer Buyouts August 25, 2009 at 5:10 pm |
| The U.S. Postal Service will offer buyouts to as many as 30,000 employees under agreements with two unions that could save the agency up to $500 million next year. |
| SEC Ordered to Explain BofA Case August 25, 2009 at 4:51 pm |
| A federal judge ordered the SEC to explain why it didn't pursue allegations that Bank of America executives lied in a proxy statement about bonuses for Merrill Lynch employees. |
| Sony to Sell Wireless E-Book Reader August 25, 2009 at 4:16 pm |
| Sony unveiled an e-book reader with a touch screen and wireless connection that could be the strongest competitor yet to Amazon's Kindle this holiday season. |
| Big Brewers Plan Price Increases August 25, 2009 at 4:15 pm |
| Anheuser-Busch InBev and MillerCoors said they plan to raise beer prices by undisclosed amounts this fall in a sign of the industry's resilience. |
| Citi's Mortgage Mitigation Rises 29% August 25, 2009 at 3:46 pm |
| Citigroup reported a 29% increase in the number of mortgages it mitigated to prevent foreclosure in the second quarter from the first period. |
| Hedge Funds' Bets on Financials Rise August 25, 2009 at 3:10 pm |
| Hedge funds boosted their ownership in financial stocks by 55% in the second quarter to $70 billion, according to a Goldman report. |
| Fed Told to Disclose Borrowers August 25, 2009 at 2:58 pm |
| A federal court judge has ordered the Fed to identify borrowers using its emergency lending programs, in response to a lawsuit filed by Bloomberg News. |
| Nemazee CEO Charged With Fraud August 25, 2009 at 1:11 pm |
| Nemazee Capital's chief executive was charged for allegedly scheming to borrow up to $74 million from Citigroup. |
| Upbeat Data Buoy Stocks August 25, 2009 at 12:50 pm |
| Stocks pushed higher, helped by upbeat economic news and Bernanke's nomination for a second term but held in check by a selloff in crude. |
| Burger King Profit Rises 16% August 25, 2009 at 12:50 pm |
| Burger King's earnings rose on income from the company's refranchising efforts, but sales declined at the fast-food giant. |
| White House Sees Deeper Deficit August 25, 2009 at 12:46 pm |
| The Obama administration raised the estimate for the 10-year deficit to $9 trillion -- $2 trillion more than forecast. The White House foresees unemployment hitting 10% over the next year and a half. |
| Home Prices Post Quarterly Rise August 25, 2009 at 12:37 pm |
| U.S. home prices rose 2.9% in the second quarter, the first increase in three years while logging a second-straight monthly rise in June, the S&P Case-Shiller index showed. |
| GM Meets With Opel Task Force August 25, 2009 at 11:55 am |
| General Motors met with the German government's Opel task force as the auto maker wavers over plans to sell a majority stake in the European unit. |
| Digg Dialogg With Timothy Geithner August 25, 2009 at 8:54 am |
| Treasury Secretary Geithner answers Digg readers' questions on government spending, oversight of the Federal Reserve and dealings with Goldman Sachs. Share your view. |
| Obama to Name Bernanke to 2nd Term August 25, 2009 at 8:29 am |
| Obama is expected to announce the nomination of Bernanke to a second term as Fed chairman. The move is a bid for continuity after a year of frantic efforts to rescue the financial system from disaster. |
| Charles Schwab Takes on Cuomo August 25, 2009 at 8:25 am |
| Schwab is fighting back against the push by New York's Cuomo to get brokerages to cover investor losses on auction-rate securities. |
| Turning Medical Errors to Good Use August 25, 2009 at 4:31 am |
| Some hospitals are taking steps to admit their most grievous medical errors, and to learn from them in order to overhaul flawed procedures. |
| Times Supermarkets For Sale August 25, 2009 at 1:32 am |
| Times Ltd.'s majority shareholder has put the Chinese supermarket chain up for sale, inviting bidders for the retailer in the hopes of fetching more than $560 million for the firm. | | |
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