In Goldman's case, a payout of $800 million or more could easily eclipse the $550 million settlement the firm reached in 2010 with the Securities and Exchange Commission over its handling of a complex mortgage-linked product known as Abacus.
Tyson Foods plans to close three factories, one in Iowa, one in New York, and one in New Mexico. Tyson Foods employs some 115,000 people worldwide.
It is about time. Poor domestic results demand a change of management at Walmart. I anticipate another disappointing quarter and I believe the responsible party is at the top.
The week for stocks looked so promising through Thursday, but Friday brought about a sour note leaving stocks lower for the Dow than where it began for the week, and erasing record highs the S&P 500 had been achieving during the week.
Alan �Ace� Greenberg, the executive who helped turn Bear Stearns Cos. into one of the world's biggest and most daring investment banks, died in New York on Friday at the age of 86 of complications from cancer.