WASHINGTON (MarketWatch) -- Major banks, including Citigroup Inc. and JPMorgan Chase &Co., are considering a plan to establish a $100 billion fund designed to shore up the shaky asset-backed commercial paper market, according to news reports Saturday.
NEW YORK (MarketWatch) -- U.S. stocks will face challenges next week, as earnings season gets in full gear with major bank reports and some key technology stocks on tap, while inflation data could further dent hopes that the Federal Reserve will continue cutting interest rates.
WASHINGTON (MarketWatch) -- President Bush on Saturday urged Congress to pass trade pacts with Peru, Colombia and Panama, and promised to strengthen job re-training programs and other measures to help workers displaced as a result of trade-related job losses.
WASHINGTON (MarketWatch) -- The Internal Revenue Service is taking a close look at participants in an arcane financial arrangement to see if they are gaining illegal tax benefits by under-reporting income on mortgage-backed securities, the New York Times reported Saturday.
WASHINGTON (MarketWatch) -- Former Qwest CEO Joseph Nacchio alleged in court documents that the federal government canceled a lucrative contract with the National Security Agency after the company refused to participate in a pre-9/11 surveillance program that the telecom firm thought might be illegal, according to a news report Saturday.
SAN FRANCISCO (MarketWatch) - The last time Oracle Corp. made an unsolicited bid for a company, the CEO of the target firm compared Larry Ellison to Genghis Khan and called his team a bunch of sociopaths.
SAN FRANCISCO (MarketWatch) -- Wall Street has gotten a hold of little or nothing in the way of concrete details about Google Inc.’s ongoing effort to develop software for cell phones. That’s not stopping analysts from heaping praise on the initiative, which is the season’s hot topic in tech circles while remaining cloaked in secrecy.
