Bank reform talks fail, Dodd to go solo
WASHINGTON (Reuters) – Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.
Toyota discounts boost sales, U.S. mulls "black box"
DETROIT/WASHINGTON (Reuters) – Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp’s U.S. sales in early March, as U.S. regulators weighed new auto safety measures.
Citigroup sees return to sustained profitability
NEW YORK (Reuters) – Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday the bank is on track to return to sustained profitability and losses from some of its worst assets should be manageable if the economy does not deteriorate.
Fed seen keeping "extended period" low rate vow
WASHINGTON (Reuters) – Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
Movie "Avatar" has few fans among mining execs
NEW YORK (Reuters) – It’s enough to make a mining executive grit his teeth or his kids to give him the silent treatment.
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