Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown. » mehr lesen
Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas. » mehr lesen
Cut back on stock and bond holdings, and focus on money market funds, C.D.s, Treasury bills and other options that are now offering high yields, our columnist says. » mehr lesen
He helped turn Guggenheim Partners into a global investing giant. He was also a CNBC and Bloomberg commentator and a philanthropist for human rights. » mehr lesen
The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap. » mehr lesen
The beleaguered retailer, which has warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores. » mehr lesen
The country’s largest lenders increased their reserves to protect against deteriorating economic conditions this year, after reporting resilient profits for the end of last year. » mehr lesen
