Business and Finance news

In the middle of the 2001 debt crisis, Argentines stormed their nation’s banks to get their money out. To stop the stampede, the government imposed controls that allowed them to take out only $250 at a time and limited withdrawals for overseas trips to $1,000.
Greece, in the middle of its own financial crisis, is […]

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Just a few years ago you could count on getting the bulk of your money back for almost any home-improvement project you took on. Today merely replacing a toilet seat can feel like throwing caution, and cash, to the wind. According to a study from Remodeling magazine, the average return on value for an […]

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Pushed by growing anger among Americans over the slow economic recovery, "jobs" has become the buzzword of the political season.
President Barack Obama mentioned it almost 20 times during his first State of the Union speech. Republican and Democrat leaders vow that job creation will drive their agendas as they push toward the midterm […]

Durham medical device company TransEnterix has named a medical device industry veteran chief financial officer.
David Gill's experience includes work as CFO of several companies, including NxStage Medical (Nasdaq: NXTM), CTI Molecular Imaging, and Novoste Corp. (Nasdaq: NOVT). CTI Molecular Imaging was acquired in 2005 by Siemens Medical Solutions USA Inc. for $1 billion.
Gill has led […]

Stifel Financial Co. will speed up its repurchase of auction rate securities under a settlement reached with Missouri Secretary of State Robin Carnahan. The settlement will bring earlier relief for hundreds of Stifel customers who have been stuck with securities that they can’t sell.
The settlement also ends a nasty, public spat between St. […]

WASHINGTON — One of the biggest challenges to ending the foreclosure crisis is this: A surprising number of homeowners who get their monthly payments reduced fall behind again within a year.   When borrowers get into financial trouble, lenders have several ways to help. They can offer grace periods, longer repayment schedules, lower interest […]

"Life is like a box of chocolates. You never know what you’re gonna get," Forrest Gump said in the classic 1994 film.
The same goes for buying a computer. It’s a box hiding items of varying quality inside.
I recently helped two frustrated HP buyers get replacements and another HP buyer get a repair for computers […]

European Union leaders said government measures to stimulate the economy should stay in place until the “recovery is fully secured.”
“Forecasts suggest a weak recovery in 2010, followed by a return to stronger growth in 2011,” heads of the 27-nation EU said in a statement after a summit in Brussels today. “But uncertainties and […]

GateWay Early College High School received an award this week for transitioning students from high school to college.
The high school, a division of GateWay Community College and part of the Maricopa Community Colleges System in Phoenix, was awarded the Pathways to Higher Education Award from the Arizona Commission for Postsecondary Education, USA Funds, University of […]

India’s central bank may withdraw more stimulus measures by the end of the year after Asia’s third-biggest economy grew at the fastest pace in six quarters.
“The chances of a rate move before the end of December have risen,” said Robert Prior-Wandesforde, senior Asia economist at HSBC Holdings Plc in Singapore. Economic growth of […]