Asian markets rose Wednesday on news that Japan’s economy may finally be bouncing back. Figures released yesterday show that machinery orders in Japan jumped 4.2% in January over December, sending the Nikkei up 0.6%. In Hong Ko…
In most respects, China is a world away from the oil-dominated autocracies in the Mideast now seething with anti-government unrest. But it faces similar issues: high inflation and a troubling wealth gap that could fuel social u…
The mortgage mess settlement proposal is a repudiation of the servicing industries’ standard business practices. The agreement also reads as an indictment — not just of the servicing industry, but also of law enforcement, regu…
Johnson & Johnson has issued another recall, and this time, it’s not over a typo. The company’s Animas unit recalled five lots of leaking insulin cartridges whose use could lead to serious health problems. The 2-milliliter cart…
After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…
Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…