The fight for the 2012 Republican presidential nomination resets today after a hard-fought straw poll win, the entrance of a new contestant and the withdrawal of another.
The Securities and Exchange Commission is reviewing the method Standard & Poor’s used to cut the U.S.’s credit rating and whether the firm properly protected the confidential decision, according to a person with direct knowledge of the matter.
Confidence among U.S. consumers plunged in August to the lowest level since May 1980, adding to concern that weak employment gains and volatility in the stock market will prompt households to retrench.
Investors pulled the most money from global stock funds since 2008 in the past week as the Standard & Poor’s downgrade of Treasuries and the deepening European debt crisis prompted a flight into cash and gold.
Wall Street will cut year-end bonuses for fixed-income and equities employees by as much as 30 percent from last year, according to revised estimates from Johnson Associates Inc.
In “Super Mario 3DLand,” Nintendo Co. will make its iconic Italian plumber battle turtle-like Koopa Troopas on its 3-D player. The company instead should develop titles for Apple Inc.’s iPhone, investors say.
U.S. Representative Michele Bachmann said she would reduce Medicare and Social Security benefits for all but current recipients as part of an effort to reduce the federal deficit.
Governor Rick Perry has shown himself as a master of Texas-style campaign fundraising, bringing in more than $100 million in his decade as the state’s chief executive, mostly from the deep pockets of rich Texans and corporations.
Jeffrey Kalinsky opened a fashion boutique in Manhattan’s meatpacking district in 1999. In those days, he said, the neighborhood was “lawless.”
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