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GM signs Man United deal day after marketing executive exit

Top Finance News - Mon, 07/30/2012 - 11:50pm
The ouster of General Motors Co's global marketing chief is related to a hugely expensive sponsorship deal with England's Manchester United soccer club for which GM is paying twice as much as the team's ...

Jury selected in Apple, Samsung patent trial

Top Finance News - Mon, 07/30/2012 - 9:35pm
An insurance agent, an unemployed video game enthusiast and a project manager for wireless carrier AT&T were among the 10 jurors selected to decide a high-stakes U.S. patent battle between Apple Inc and ...

Man Utd sets IPO terms, valued at as much as $3.3 billion

Top Finance News - Mon, 07/30/2012 - 9:35pm
English soccer team Manchester United set the terms for its U.S. initial public offering on Monday saying it will offer 16.67 million shares at between $16 and $20 each, which values the club at $3.3 billion ...

Insight: ECB thinks the unthinkable, action likely weeks away

Top Finance News - Mon, 07/30/2012 - 6:40pm
The European Central Bank is thinking the unthinkable to save the euro, including resuming its controversial bond-buying program and possibly even pursuing quantitative easing - in effect printing money. ...

Apple, Samsung patent trial kicks off, billions at stake

Top Finance News - Mon, 07/30/2012 - 6:40pm
Jury selection began on Monday in a high-stakes U.S. patent battle between Apple Inc and Samsung Electronics Co Ltd, the culmination of more than a year of pretrial jousting with billions of dollars in ...

Interim Yahoo CEO Ross Levinsohn leaves company

Top Finance News - Mon, 07/30/2012 - 6:40pm
Ross Levinsohn is leaving Yahoo, two weeks after the company announced he lost out on the top job to Google executive Marissa Mayer, the company said in a filing. Levinsohn will leave the company effective ...

JPMorgan Chase fails to end mortgage modification lawsuit

Top Finance News - Mon, 07/30/2012 - 6:40pm
A federal judge rejected JPMorgan Chase & Co's bid to dismiss a lawsuit accusing it of misleading thousands of cash-strapped homeowners nationwide about modifying their mortgages. U.S. District Judge Richard ...

GM signs Man United deal day after marketing executive exit

Top Finance News - Mon, 07/30/2012 - 6:40pm
General Motors Co signed a sponsorship deal with Manchester United on Monday after rewording the terms negotiated with the popular English soccer club by the U.S. automaker's ousted global marketing chief. ...

Morgan Stanley rejiggers brokerage regions, cuts four top jobs

Top Finance News - Mon, 07/30/2012 - 6:40pm
Morgan Stanley has eliminated four regional manager jobs in a reorganization of its brokerage joint venture that trims the number of regions, the second time in eight months it has reduced its manager ...

German investors hit in multi-million dollar ponzi scheme

Top Finance News - Mon, 07/30/2012 - 6:40pm
Prosecutors in Mannheim, Germany said they have evidence that 1,295 investors from Germany, Austria and Switzerland lost at least $37 million in a pyramid scheme allegedly run by a German man arrested ...

ECB on Course to Act Strongly or Disappoint Mightily

Top Finance News - Mon, 07/30/2012 - 5:25pm
European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank's policymakers meet on Thursday or else face deep disappointment from investors.

JPMorgan Falls on Analyst Downgrade

Top Finance News - Mon, 07/30/2012 - 5:25pm
Shares of JPMorgan Chase & Co. fell Monday, a day after a Deutsche Bank Securities analyst downgraded the bank's stock.

Apple, Samsung Patent Trial Kicks Off in U.S., Billions at Stake

Top Finance News - Mon, 07/30/2012 - 5:25pm
Jury selection began on Monday in a high-stakes U.S. patent battle between Apple Inc and Samsung Electronics Co.

Should Congress Have Power to Audit the Fed?

Top Finance News - Mon, 07/30/2012 - 2:55pm
"We want to know what deals are being made with whom, how much money is going out, what has been promised to central banks throughout the world," says California Congressman Duncan Hunter.

Peet's Seen Tempting Starbucks to Top Richest Java Bid

Top Finance News - Mon, 07/30/2012 - 2:55pm
Peet's Coffee & Tea has investors wagering rival bidders will attempt to top a $1 billion takeover offer that's already the most expensive U.S.beverage deal.

iPhone 5: Why Apple May Be In Trouble

Top Finance News - Mon, 07/30/2012 - 1:50pm
Will the new iPhone make it clear that one of Apple skeptics' favorite observations is dead-on correct?

Global Markets Await Bold Action: Will Central Banks Oblige?

Top Finance News - Mon, 07/30/2012 - 1:50pm
As the global economy continues its slow decline, all eyes are fixed on the trifecta of central bank meetings this week.

The Web Goes to Washington: What to Expect

Top Finance News - Mon, 07/30/2012 - 1:50pm
A collection of Internet firms are reportedly coming together to create a new Web industry trade group called The Internet Association.

Best Buy Founder Schulze Recruiting Executives for Buyout

Top Finance News - Mon, 07/30/2012 - 1:50pm
Best Buy founder Richard Schulze has been recruiting executives to help lead the retailer if his attempt to take the company private is successful, according to a senior Best Buy executive.

One of Apple's Best Ideas Ever - Made Worse

Top Finance News - Mon, 07/30/2012 - 1:50pm
They are not infallible design geniuses at Apple. Its MagSafe connector used to be a design marvel and a joy to use. Then Apple made it worse. It's now annoying and useless.

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