U.S. debt showdown: 7 questions answered
The brinkmanship on Capitol Hill has been ratcheting higher as Washington’s fiscal deadlines loom, with the worst-case scenario a severe recession in Canada’s biggest trading partner. Here’s what you need…
FHA to Draw $1.7b From Treasury to Cover Losses – ABC News
Wall Street Journal FHA to Draw $ 1.7b From Treasury to Cover LossesABC NewsA federal housing agency said Friday it needs a $ 1.7 billion bailout from the Treasury to…
BlackBerry reports large second quarter loss – USA TODAY
AFP BlackBerry reports large second quarter lossUSA TODAYDownbeat financial results generally track preliminary results announced last week. AP RIM Blackberry Makeover. Thorsten Heins, CEO of BlackBerry, in New York in…
Harper won’t take no for an answer on Keystone XL
With the fate of the proposed Keystone XL pipeline still in the hands of U.S. President Barack Obama five years on, Prime Minister Stephen Harper told a crowd of business…
JPMorgan chief Dimon meets with Justice Department over probe of financial crisis – Washington Post
Washington Post JPMorgan chief Dimon meets with Justice Department over probe of financial crisisWashington PostThe sage of Wall Street journeyed to Washington on Thursday, but Jamie Dimon's visit was unlike…
Dimon arrives at DoJ for $11bn JPMorgan settlement talks over mortgage … – Financial Times
New York Times Dimon arrives at DoJ for $ 11bn JPMorgan settlement talks over mortgage …Financial TimesJPMorgan Chase Chairman, President and CEO Jamie Dimon presents his driver's license to Justice…
U.S. unemployment benefit claims at lowest level in 6 years
The number of Americans seeking unemployment benefits fell 5,000 last week to a seasonally adjusted 305,000, the second-lowest level in six years. Steady declines in applications show that very few…
EBay to pay $800M for payment firm Braintree – USA TODAY
New York Times EBay to pay $ 800M for payment firm BraintreeUSA TODAYSHARE 10 CONNECT 31 TWEET 1 COMMENTEMAILMORE. Global online commerce giant eBay, plans to buy payment firm Braintree…
BlackBerry stocks down amid doubts about Fairfax deal
The beaten down shares of BlackBerry dropped another six per cent on Wednesday as investors weighed the likelihood of a highly conditional takeover offer from Fairfax Financial, one of BlackBerry’s…
JPMorgan in talks to settle government cases for $11 billion, source says – Washington Post
Washington Post JPMorgan in talks to settle government cases for $ 11 billion, source saysWashington PostJPMorgan Chase is in talks to pay state and federal authorities $ 11 billion to…
