HSBC said on Wednesday that it would target additional cost savings of $2 billion to $3 billion in 2014-2016, as Europe’s biggest bank cuts jobs and sells noncore businesses to bolster profitability under …
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, according to a government study released Tuesday.
Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June, surprising some analysts …
Israel's cabinet expected to approve 2013-2014 budget after marathon talks and public outrage over austerity measures; treasury had been demanding NIS 4 billion cut from defense, while the defense establishment wants increase of NIS 2-3 billion. By …
A planned floatation of Doha Global Investment Co, a $12 billion Qatari investment firm backed by assets from the Gulf state’s sovereign wealth fund, has been postponed pending necessary approvals, a senior …
The Coalition to Stop $30 Billion to Israel is proud to announce yet another billboard has just gone up calling for an end to military aid to Israel–this time in Albany, New York.
This fact was not lost on the bipartisan consensus to help GM after its financial collapse in 2008-2009. Yet pickup trucks, despite their rural roots, have become less and less purely utilitarian and increasingly available with the …
Bank of America Corp will sell a commercial mortgage servicing rights portfolio valued at around $110 billion to a KeyCorp unit for an undisclosed amount, the latest offloading of servicing assets which …
Fannie Mae , the nation’s biggest mortgage finance company, on Thursday said it will pay $59.4 billion in dividends to the U.S. Treasury after a record profit in the first quarter that reflected a multibillion …
This would be Facebook's third acquisition in Israel. It bought Snaptu in 2011 for $70 million and Face.com in 2012 for $60 million. In the last year, Waze tripled its user base to 45 million and in March alone, 1.5 million users downloaded the free …
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