Microsoft Corp. will sell more than $4.7 billion worth of bonds to fund share buybacks and dividend payments for shareholders of the world’s largest software maker.
Continue reading Microsoft Will Sell More Tha…
Struggling video rental chain Blockbuster has filed for bankruptcy as part of a plan to recapitalize the company and reduce its debt.
The company filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York,…
Obama’s decision to tap Elizabeth Warren as advisor for a new financial watchdog group has raised the ire of consumer and business advocates, who argue that her appointment undercut the goals of clarity and transparency.
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Regulators may outline new rules to target so-called window dressing, a practice that some banks use to temporarily reduce their debt levels before reporting their finances.
The SEC is scheduled to raise the matter at a meeting on Friday, then issue …
For a growing number of U.S. college graduates, a diploma marks the beginning of financial difficulties. The Education Department says those who were scheduled to begin paying back their student loans in 2007 were 52% more like…