NEW YORK (Reuters) - U.S. stocks fell on Friday after disappointing results from General Electric Co and Bank of America Corp demonstrated the road to economic recovery will be bumpy.
NEW YORK (Reuters) - Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged on Friday with the largest hedge fund insider-trading scheme ever.
WASHINGTON (Reuters) - The U.S. budget deficit hit a record $1.4 trillion in the just-ended fiscal year, the government said on Friday, as the deep recession and a series of bank rescues cut a gaping hole in public finances.
NEW YORK (Reuters) - American International Group Inc and its former Chief Executive Maurice "Hank" Greenberg are in advanced talks to settle their legal disputes, the Wall Street Journal reported on Friday.
NEW YORK (Reuters) - U.S. consumer sentiment fell unexpectedly this month, tempering optimism inspired by news of a rise in U.S. industrial production in September for a third consecutive month.
CHARLOTTE, N.C./NEW YORK (Reuters) - Bank of America Corp posted a $1 billion quarterly loss on Friday as consumer credit woes eclipsed investment banking earnings, underlining why the bank remains on a government respirator.
BOSTON (Reuters) - General Electric Co helped to pull the plug on Wall Street's recovery rally on Friday, reporting sales that missed expectations and cautioning that recovery from the brutal recession would be gradual.
NEW YORK (Reuters) - All financial firms have benefited from U.S. taxpayer support and must yield to efforts to tighten regulation to prevent a future crisis, U.S. President Barack Obama's top economic adviser said on Friday.
WASHINGTON (Reuters) - U.S. securities and futures regulators asked Congress on Friday for more authority to police their markets, including legislation to help rein in insider trading in the commodity futures markets.
NEW YORK (Reuters) - Lazard Ltd's board of directors will meet in two weeks to begin a search for Chief Executive Bruce Wasserstein's successor, Bloomberg reported on Friday, citing two people familiar with the matter.
