Latest Headlines in Finance

AIG settles fraud cases for $1 billion

Posted on July 16, 2010 by
Business news and Fortune 500 - FORTUNE Magazine

The Ohio Attorney General's office announced today that a class of three pension funds it represented in fraud complaints against AIG have settled with the federally-owned insurance giant for $725 million.

The snag in Greece’s salary solution

Posted on March 4, 2010 by
Business news and Fortune 500 - FORTUNE Magazine

Greek prime minister George Papandreou may have made a big mistake. As part of a plan to fix his nation's ruined economy, he announced Wednesday that he aims to cut 30% of civil servants' holiday bonuses which are part of Greece's "14th salary" payment schedule.

Paul Volcker is engaged!

Posted on December 24, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

News from the Paul Volcker front: No, he has not persuaded the Obama administration to toughen up its policies about the proprietary trading of the big U.S. banks, a move he's been vigorously campaigning for in his job as chairman of the Economic Recovery Advisory Board.

Small banks, big problems

Posted on December 23, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

The New Year is shaping up to be a rough one for community lenders.

Let us praise the venture capitalists

Posted on December 22, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

Poor VCs, drivers of our economy, saviors of civilization. All they want is to be left alone to serve their calling.

The yin and yang of cybersecurity

Posted on December 21, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

The defenders and cyber criminals are inextricably connected. But what happens when one side gets the upper hand?

Dumbest moments in 2009

Posted on December 17, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

Loudmouth CEOs and dead celebrities. Our annual list of business's bonehead plays marches on.

Let’s hear it for hipster beer

Posted on December 16, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

At Lutz Tavern in Portland, Ore., the beer-drinking crowd goes through about 20 to 25 cases of Pabst Blue Ribbon beer on a Friday night. "It's our No. 1 seller, no questions asked, hands down," says Lilias Barisich, whose family has owned the bar since 1954.

Stock picks from 5 pros

Posted on December 14, 2009 by
Business news and Fortune 500 - FORTUNE Magazine

With uncertainty at a high, we sought the advice of some of the smartest market watchers we know.

5 gifts for the gearhead

Posted on November 30, 2009 by
Business news and Fortune 500 - FORTUNE Magazine