DENVER (AP) - Denver-based Quiznos has filed for Chapter 11 bankruptcy protection to reduce its debt by more than $400 million after the chain lost ground to competitors.
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.
The value of U.S. government bonds held by foreign central banks at the Federal Reserve shrank by a record amount this week, causing a stir in the Treasury market.
The FDIC, acting as receiver for 38 failed institutions, claimed that banks sitting on the U.S. dollar Libor panel �fraudulently and collusively suppressed� the U.S.
NEW YORK (TheStreet) - Weibo, often referred to as the Chinese version of Twitter (TWTR), has filed for an initial public offering in the U.S with a placeholder amount of $500 million.