On Monday pizza franchise Sbarro dipped into Chapter 11 bankruptcy. Following in its footsteps on Friday, sub shop Quiznos announced that it too would sink into bankruptcy as part of a �pre-packaged� deal to cut its debt by more than $400 million, ...
March 15 (Bloomberg) -- Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world's biggest banks sued by the U.S.
The yen rose against the euro and the dollar on Thursday after US Secretary of State John Kerry signalled a possible response from the West if a referendum in Ukraine's Crimea region goes ahead on Sunday.
Consumer confidence in the US 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.
A Senate bill would replace mortgage giants Fannie Mae and Freddie Mac with a new federal agency. * Banks, affordability advocates question measure to dismantle Fannie, Freddie.