National Business News

Shareholder adviser firm paying $300,000 fine

A well-known firm that advises big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information. 37 minutes ago

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Archive by category ''National Business News

NATIONAL ECONOMY

Stocks mixed as investors reassess Fed worries

Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.

1 hour ago
NATIONAL BUSINESS NEWS

US new home sales up 2.3 percent in April

U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
NATIONAL BUSINESS NEWS

IMF head Lagarde in court in fraud probe

International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's finance minister.
NATIONAL BUSINESS NEWS

A year later, U.S. trade with Colombia grows while anxiety mounts

Colombian Ambassador Carlos Urrutia says there’s no doubt that his country’s trade deal with the U.S. has paid off. U.S. officials are equally excited, saying U.S. businesses have improved their sales to the South American country by 20 percent. But a year after the agreement took ...

2 hours ago
NATIONAL BUSINESS NEWS

Ralph Lauren's 4Q profit rises 35 pct

Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
NATIONAL BUSINESS NEWS

Oil falls on concerns for China demand, Fed policy

The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.
NATIONAL BUSINESS NEWS

Rue21 agrees to go private in nearly $1B deal

Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.

3 hours ago
NATIONAL ECONOMY

US stock market recovers most of an early loss

Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.

2 hours ago
NATIONAL BUSINESS NEWS

CEO raises, pay cuts; What a change 1 year makes

Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.

2 hours ago
NATIONAL BUSINESS NEWS

CEO Pay: It's good to be in health care

Here's a look at median CEO pay by industry last year, as calculated by executive pay research firm Equilar. For the fourth time in five years, health care CEOs got the most pay and utilities CEOs got the least.

2 hours ago