NEW YORK (Reuters) - U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains.
(Reuters) - Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis.
TOKYO (Reuters) - Asian stocks balked at the starting gate on Tuesday, as investors looked past solid gains on Wall Street overnight to Chinese economic growth figures due later in the session.
Photo. Virginia Rometty, IBM's chief, has followed a plan set by her predecessor, inflating IBM's earnings per share with stock buybacks and large dividends.
North Carolina's insurance commissioner is considering a request from companies seeking to increase homeowner's coverage costs by more than 25 percent statewide and even higher in some parts of the Wilmington area.