Sandwich chain Quiznos filed for Chapter 11 bankruptcy protection Friday, after reaching a deal to cut its debt by more than $400 million, or about two-thirds.
NEW YORK (Reuters) - The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of colluding to suppress interest rates.
Consumer confidence in the U.S. unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year.
NEW YORK (Reuters) - Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.
A mild mannered accountant from Cincinnati, Ohio, is taking on Warren Buffett in a showdown over whether the veteran investor's company, Berkshire Hathaway, should finally start paying a dividend.