DealBook
Profit at Goldman Less Easy to Find
By NATHANIEL POPPER
Recent regulations hit hardest on the very businesses, like trading, where Goldman Sachs makes the most money.
With new signs of economic trouble emerging, what has been a guiding European economic principle for several years is facing open revolt.
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track.
The former lobbyist and British Conservative faced more skepticism in a rare second hearing, declining to name banks he had worked for.
Recent regulations hit hardest on the very businesses, like trading, where Goldman Sachs makes the most money.
Libya’s sovereign wealth fund is suing Goldman over $1.2 billion worth of derivative transactions the bank designed and executed in 2008. The bank sought to dismiss the lawsuit but later reversed course.
The online retailer is just the latest multinational company with a tax structure under scrutiny, and the move could pose trouble for tiny Luxembourg.
After the company drew negative publicity in March for denying a drug to a child, its stock jumped as that drug has shown promise in treating Ebola.
The merger would have created the world’s biggest mining company, but Rio Tinto said it was committed to remaining independent.
The bump in the offer price, to more than $191 a share, or nearly $60 billion in cash and stock, is yet another twist in the year’s longest and most contentious takeover battle.
The former senior banker was the first person in Britain to admit guilt in a criminal case linked to manipulation of the London interbank offered rate.
Timothy F. Geithner, the former Treasury secretary, was a witness in the trial of a lawsuit over the department’s role in the bailout of A.I.G. His book was under scrutiny, too.
The Brazilian businessman Eike Batista is accused of profiting from insider information when he sold shares in the oil company OGX, and with manipulating its stock price.
The foreign exchange traders were suspended by Rabobank after an internal inquiry determined that they had breached bank rules on information sharing.
Two directors may leave HSBC over stricter rules that hold senior bankers in Britain more accountable for misconduct, according to a person with direct knowledge of the matter.
Wall Street firms’ profit declined 13 percent from results in the period a year earlier, according to a report on Tuesday by the New York State comptroller.
Vivienne Harr opened a lemonade stand to end child slavery and became an Internet sensation. Her story is a reminder of the power of social media.
Maurice R. Greenberg, A.I.G.’s former chief and a large shareholder, has spun a ludicrous tale in court that the bailout of the insurer was unfair to its investors.
A new O.E.C.D. report illuminates the vast differences in living standards among “rich” countries, and within them.
As production innovations produce a glut, America moves to the once-unthinkable; exporting petroleum.
Airbnb, which lets travelers rent space for short periods, has set up a portal to attract business travelers looking for alternatives to hotels.
A trip across the country after a fire at an air-traffic control center illustrated, once again, the inflexibility and inefficiencies of flying in the United States.
Alyson Hogg, chief executive and founder of the self-tanning product line Vita Liberata, on unexpected seatmates.