Gjeldskrisen i EU
The legendary former CEO of Bear Stearns, Alan "Ace" Greenberg, died today at 86 of complications from cancer. Greenberg led Bear Stearns during its decades of growth, expanding it from 1,000 to 6,300 employees, before its 2008 collapse which helped precipitate the financial crisis.
Settlement for damages and costs relates to investigation in to Icelandic bank Kaupthing, which collapsed in 2008 banking crisis The property developer Vincent Tchenguiz will receive at least £6m and an apology from the Serious Fraud Office (SFO) following the collapse of an investigation against him two years ago.
UK economy grows by 0.8% in second quarter, but Labour says standards of living still being squeezed Britain's economy has finally recovered the losses caused by the financial crisis, passing its pre-recession peak in the second quarter of the year by posting growth of 0.8%.
Live coverage of the latest GDP data, showing that the UK economy is, at long last, larger than in 2008 6.12pm BST And finally over to Greece where the battle to stop Sunday Shopping reached new heights as the case was taken to the countrys highest court. Our correspondent Helena Smith writes: The battle to stop what is taken for granted in most western economies Sunday shopping entered a new phase after federations representing thousands of shop owners, private employees and other tradesman resorted to the Council of State arguing that the [...]
PORTLAND, Ore. (TheStreet) -- A used car hasn't always been a great deal since the recession, but buyers in some U.S. town are finding them a much easier sale than in others. Depending on location, the price of a used car on a dealer's lot or even in a listing on Craigslist can be considerably more than what someone on the other side of the country is paying. Supply, demand and the general economy of the surrounding area mean there might be better deals just a few towns away or across the state border. The U.S. auto industry reached 15.6 million [...]