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California's Harris Seeks to Improve Mortgage Deal With Holdout - BusinessWeek
The proposed multistate settlement won't release banks from criminal liability, said another person briefed on the talks who declined to be identified because the negotiations are continuing. Any final agreement will be narrowly focused to release ...
Goldman Sachs Among Banks Fighting to Exempt Half of Swaps Books - BusinessWeek
The exposure includes 53 percent, or $16 billion, in foreign branches and subsidiaries, and 47 percent, or $14 billion, in domestic offices, said the person, who spoke on condition of anonymity because the bank has not authorized employees to speak ...
Barnes & Noble Said to Be in Talks to Sell Nook Outside US - BusinessWeek
27 (Bloomberg) -- Barnes & Noble Inc., the largest US bookstore chain, is working on a deal to sell its Nook digital devices in stores outside the US for the first time, according to a person familiar with the situation. The chain is developing a ...
Delta Air Said to Study US Airways Bid in Review of M&A Options - BusinessWeek
30 (Bloomberg) -- Delta Air Lines Inc. is studying a bid for US Airways Group Inc. as North American carriers assess possible combinations after the bankruptcy of American Airlines parent AMR Corp., people familiar with the matter said.
ABB Said to Near Purchase of Thomas & Betts for About $4 Billion - BusinessWeek
ABB, based in Zurich, may announce a deal as soon as today, said the person, who spoke on condition of anonymity because the negotiations are private. The talks for Thomas & Betts, whose market value was $3.02 billion based on its Jan.
ABB Said to Near Purchase of Thomas & Betts for $4 Billion - BusinessWeek
ABB, based in Zurich, may announce a deal as soon as tomorrow, said the person, who spoke on condition of anonymity because the negotiations are private. The talks may still break down for Thomas & Betts, whose market value was $3.02 billion based on ...
Romney, Gingrich Make Final Appeals to Florida Republicans - BusinessWeek
The Romney campaign bought more than $1 million worth of advertising time to run it, according to a person familiar with the purchase who spoke on condition of anonymity. The NBC News legal department wrote a letter to Romney's campaign asking for the ...
News Corp. Staff at The Sun Arrested as Police Probe Widens - BusinessWeek
The four arrested employees are The Sun's head of news Chris Pharo, crime editor Mike Sullivan, former deputy editor Fergus Shanahan and former managing editor Graham Dudman, according to two people familiar with the matter, who declined to be named ...
News Corp. Workers Arrested as Bribery Probe Spreads to The Sun - BusinessWeek
The four arrested employees are The Sun's head of news Chris Pharo, crime editor Mike Sullivan, former deputy editor Fergus Shanahan and former managing editor Graham Dudman, according to two people familiar with the matter, who declined to be named ...
Romney, Gingrich Trade Jabs Courting Florida Primary Voters - BusinessWeek
The Romney campaign bought more than $1 million worth of advertising time to run it, according to a person familiar with the purchase who spoke on condition of anonymity. The NBC News legal department wrote a letter to Romney's campaign asking for the ...
Delta Said to Weigh US Airways Bid in Review of M&A Options - BusinessWeek
A possible combination with US Airways is only one of the options the Atlanta-based carrier is considering amid an ongoing review of the competitive landscape that may not lead to any offers, said two of the people, who declined to be identified ...
Citigroup Said to Cut Bonuses in Investment Bank By About 30% - BusinessWeek
Some businesses within the securities and banking unit had bonuses reduced by as much as 70 percent compared with the previous year, said the person, who asked to remain anonymous because the decisions aren't public. The unit, led by James “Jamie” ...
SEC Chairman Said to Face Pushback Over Hiring Next Watchdog - BusinessWeek
Commissioners were recently presented the plan in which panels of senior SEC staff would rate, interview and suggest final candidates to succeed H. David Kotz, according to the people, who asked not to be named because the plans weren't public.
GM Seen Accelerating Opel Restructuring as Sales Plunge: Cars - BusinessWeek
The people asked not to be identified because the planning was private. Klaus-Peter Martin, a GM spokesman, declined to comment on the plans. Opel, based in Ruesselsheim, Germany, lacks the cachet of Volkswagen and others in Europe and has been unable ...
Citigroup Said to Cut Bonuses in Investment Bank About 30% - BusinessWeek
Some businesses within the securities and banking unit had bonuses reduced by as much as 70 percent compared with the previous year, said the person, who asked to remain anonymous because the decisions aren't public. The unit, led by James “Jamie” ...
Citigroup Said to Cut 2011 Bonuses in Investment Bank About 30% - BusinessWeek
27 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average, according to a person briefed on the matter. Some businesses within the securities and banking ...
SEC's Schapiro Said to Face Pushback Over Choosing Next Watchdog - BusinessWeek
Schapiro recently told commissioners that she had selected panels of senior SEC staff to rate, interview and suggest final candidates to succeed H. David Kotz, according to the people, who asked not to be named because the plans weren't public.
Barnes & Noble Said to Be in Talks to Sell Nook Outside US - BusinessWeek
The chain is developing a partnership with the UK's Waterstones Booksellers Ltd. to add the Nook to its locations this year, said the person, who declined to be identified because the talks are private. Closely held Waterstones, the largest bookstore ...
GM Seen Accelerating Opel Restructuring as Sales Plunge: Cars - BusinessWeek
The people asked not to be identified because the planning was private. Klaus-Peter Martin, a GM spokesman, declined to comment on the plans. Opel, based in Ruesselsheim, Germany, lacks the cachet of Volkswagen and others in Europe and has been unable ...
Romney May Cost Private Equity as Pensions Warn of Backlash - BusinessWeek
Public pensions are sensitive to protracted debates about managers' compensation and whether buyouts create value and jobs, because they must answer to ordinary workers, said one official, who asked not to be named because he wasn't authorized to speak ...
Shareholder Arbitrations, Mutual Funds, Finra: Compliance - BusinessWeek
s Merrill Lynch, also faces a fine of 350000 pounds in the investigation, a person familiar with the matter said yesterday. Kate Haywood, a spokeswoman for JPMorgan in London, declined to comment today. A New York spokesman for Greenlight Capital ...
Credit Suisse's Dougan Said to Not Get Derivative Bonds in Bonus - BusinessWeek
... overall 2011 pay packages for senior staff -- including the new bonds -- were down about 30 percent on average from a year earlier, said people briefed on the matter who spoke on condition of anonymity because compensation discussions are private.
Posco Said to Consider Lower Capacity at Planned India Plant - BusinessWeek
The world's third-biggest steelmaker is looking to reduce the amount of land for the mill and iron ore mine project, said the people who declined to be identified because they aren't authorized to speak publicly. The plant size may be cut to 8 million ...
New York Times Co. Faces Leadership Vacuum After Robinson Ouster - BusinessWeek
Times Co. is looking for a non-family member to be CEO, making it unlikely the 62-year-old Golden will take on that role, said two people familiar with the matter. Robinson will receive an exit package totaling more than $21 million, ...
Blackstone Said to Seek Debt in Bid to Seize Building in Chicago - BusinessWeek
Blackstone, based in New York, is close to completing a deal to buy $100 million of mezzanine debt on John Hancock Center so it can try to take control of the tower, according to two people with knowledge of the situation who declined to be named ...