Finance Most Recent Stories http://finance.feedables.com All about the cabbage. en-us Special Coverage: CNBC's Executive Leadership Awards http://finance.feedables.com/go/82130/Special-Coverage-CNBCs-Executive-Leadership-Awards <div style="font:Arial 12px;width:100%;float:left;clear:both">CNBC Presents: The Executive Leadership Awards was launched in 2004 as an effort to recognize the nation’s top business leaders. This fourth annual event highlights the executives who out - perform the rest – as chosen by their peers. Esteemed business leaders will gather to celebrate 5 outstanding leaders, including this year’s Lifetime Achievement Award recipient, Bob Johnson.</div> [via http://www.cnbc.com/ @ September 30, 2007 @ 8:00pm] Sun, 30 Sep 2007 20:00:00 -0400 http://finance.feedables.com/story/82130/Special-Coverage-CNBCs-Executive-Leadership-Awards Slideshow: America's 10 Wealthiest Universities http://finance.feedables.com/go/70283/Slideshow-Americas-10-Wealthiest-Universities <div style="font:Arial 12px;width:100%;float:left;clear:both" /> [via http://www.cnbc.com/ @ December 6, 2007 @ 7:00pm] Thu, 06 Dec 2007 19:00:00 -0500 http://finance.feedables.com/story/70283/Slideshow-Americas-10-Wealthiest-Universities Banks Hope to Reach Deal Soon on Ambac Rescue http://finance.feedables.com/go/30874/Banks-Hope-to-Reach-Deal-Soon-on-Ambac-Rescue <div style="font:Arial 12px;width:100%;float:left;clear:both">Banks are close to working out a rescue plan for troubled bond insurer Ambac Financial Group, though no deal has been reached yet, according to people familiar with the matter.</div> [via http://www.cnbc.com/ @ March 3, 2008 @ 7:00pm] Mon, 03 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30874/Banks-Hope-to-Reach-Deal-Soon-on-Ambac-Rescue Some Bank Stocks Worth Buying Despite Bad News http://finance.feedables.com/go/30877/Some-Bank-Stocks-Worth-Buying-Despite-Bad-News <div style="font:Arial 12px;width:100%;float:left;clear:both">Financial stocks can't seem to find their way to a bottom. Yet investors keep searching for a way to jump back in, hoping for the inevitable turnaround.</div> [via http://www.cnbc.com/ @ March 3, 2008 @ 7:00pm] Mon, 03 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30877/Some-Bank-Stocks-Worth-Buying-Despite-Bad-News Credit Cards, Other Debt Are New Worry for Banks http://finance.feedables.com/go/30880/Credit-Cards-Other-Debt-Are-New-Worry-for-Banks <div style="font:Arial 12px;width:100%;float:left;clear:both">U.S. regulators said they are watching credit cards and commercial construction loans for signs they may be the next trouble spots for financial firms.</div> [via http://www.cnbc.com/ @ March 3, 2008 @ 7:00pm] Mon, 03 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30880/Credit-Cards-Other-Debt-Are-New-Worry-for-Banks Citigroup's Job Cuts Could Total More Than 30,000 http://finance.feedables.com/go/30881/Citigroups-Job-Cuts-Could-Total-More-Than-30000 <div style="font:Arial 12px;width:100%;float:left;clear:both">Citigroup's job cuts could reach 30,000 or more over the next year and a half because of increasing writedowns from subprime related debt, CNBC has learned</div> [via http://www.cnbc.com/ @ March 3, 2008 @ 7:00pm] Mon, 03 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30881/Citigroups-Job-Cuts-Could-Total-More-Than-30000 Apple CEO Jobs: No Dividend or Stock Buyback http://finance.feedables.com/go/30885/Apple-CEO-Jobs-No-Dividend-or-Stock-Buyback <div style="font:Arial 12px;width:100%;float:left;clear:both">Investors lined up 2 hours before the Apple shareholder meeting began here in Cupertino, California. It's a little unusual for them to be here so early, and I thought it might be related to the company's 40 percent plunge since the beginning of the year.</div> [via http://www.cnbc.com/ @ March 3, 2008 @ 7:00pm] Mon, 03 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30885/Apple-CEO-Jobs-No-Dividend-or-Stock-Buyback Clinton Stays Alive, McCain Wins Nomination http://finance.feedables.com/go/30873/Clinton-Stays-Alive-McCain-Wins-Nomination <div style="float:left;padding-right:10px;"><img border="0" vspace="0" hspace="0" src="http://media.cnbc.com/j/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/__POLITICS/clinton_hillary_1007_AP.ll_featured.jpg" alt="" /></div><div style="font:Arial 12px;width:100%;float:left;clear:both">Sen. Hillary Rodham Clinton defeated Sen. Barack Obama in the Ohio and Texas primaries Tuesday, ending a string of defeats and allowing her to soldier on in a Democratic presidential nomination race that seems unlikely to end soon.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30873/Clinton-Stays-Alive-McCain-Wins-Nomination OPEC Agrees to Keep Oil Output Steady http://finance.feedables.com/go/30875/OPEC-Agrees-to-Keep-Oil-Output-Steady <div style="font:Arial 12px;width:100%;float:left;clear:both">OPEC ministers on Wednesday kept output steady and said record high prices had been driven by a series of factors that were beyond their control.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30875/OPEC-Agrees-to-Keep-Oil-Output-Steady Yahoo, Time Warner Step Up Talks: WSJ http://finance.feedables.com/go/30876/Yahoo-Time-Warner-Step-Up-Talks-WSJ <div style="font:Arial 12px;width:100%;float:left;clear:both">Yahoo and media conglomerate Time Warner have stepped up talks to create an alternative to Microsoft's offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30876/Yahoo-Time-Warner-Step-Up-Talks-WSJ Is the Dollar Near the Bottom? http://finance.feedables.com/go/30878/Is-the-Dollar-Near-the-Bottom <div style="font:Arial 12px;width:100%;float:left;clear:both">The battered U.S. dollar may be near the bottom of its weakening cycle, but a recovery rally will take a while to materialize, because big uncertainties still hang over the U.S. economy, analysts told CNBC.com.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30878/Is-the-Dollar-Near-the-Bottom Costco Quarterly Profit, Sales Rise http://finance.feedables.com/go/30879/Costco-Quarterly-Profit-Sales-Rise <div style="font:Arial 12px;width:100%;float:left;clear:both">Costco Wholesale said on Wednesday its second quarter profit rose compared with a year earlier when it recorded charges for expensing stock options, with quarterly sales also up.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30879/Costco-Quarterly-Profit-Sales-Rise Brazil Beef Giant Starts Buying U.S. Businesses http://finance.feedables.com/go/30882/Brazil-Beef-Giant-Starts-Buying-US-Businesses <div style="font:Arial 12px;width:100%;float:left;clear:both" /> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30882/Brazil-Beef-Giant-Starts-Buying-US-Businesses Six Flags, Dubai Plan Arab World Theme Parks http://finance.feedables.com/go/30883/Six-Flags-Dubai-Plan-Arab-World-Theme-Parks <div style="font:Arial 12px;width:100%;float:left;clear:both" /> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30883/Six-Flags-Dubai-Plan-Arab-World-Theme-Parks Study: Traffic Crashes Cost Billions http://finance.feedables.com/go/30884/Study-Traffic-Crashes-Cost-Billions <div style="font:Arial 12px;width:100%;float:left;clear:both" /> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/30884/Study-Traffic-Crashes-Cost-Billions Fed's Rate Cuts May Do Long-Term Dollar Damage http://finance.feedables.com/go/33700/Feds-Rate-Cuts-May-Do-Long-Term-Dollar-Damage <div style="float:left;padding-right:10px;"><img border="0" vspace="0" hspace="0" src="http://media.cnbc.com/j/CNBC/Sections/News_And_Analysis/__Story_Inserts/graphics/_ECONOMIC_DATA/dollar_bill2.ll_featured.jpg" alt="" /></div><div style="font:Arial 12px;width:100%;float:left;clear:both">By many measures, confidence in the dollar has never been lower, and some fear more Federal Reserve interest rate cuts will make matters worse.</div><div style="float:left;clear:both"><related> <img src="http://media.cnbc.com/i/CNBC/CNBC_Images/flexi/assets/bullet_orange.gif" border="0" /> <a href="/id/23478486">Is the Dollar Near the Bottom? <img src="http://media.cnbc.com/i/CNBC/CNBC_Images/flexi/assets/icon_video_blue.gif" width="11" height="7" border="0" /></a><br /> <img src="http://media.cnbc.com/i/CNBC/CNBC_Images/flexi/assets/bullet_orange.gif" border="0" /> <a href="/id/15839178">Track Currency Markets</a><br /></related></div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33700/Feds-Rate-Cuts-May-Do-Long-Term-Dollar-Damage Warren Buffett Grabs Title of World's Richest Person http://finance.feedables.com/go/33701/Warren-Buffett-Grabs-Title-of-Worlds-Richest-Person <div style="font:Arial 12px;width:100%;float:left;clear:both">Warren Buffett is now the world's richest person, topping the just-released Forbes 2008 ranking of global billionaires, with an estimated wealth of $62 billion.  He bumps Microsoft's Bill Gates from the number one spot, a position Gates held for 13 consecutive years.  Mexico's Carlos Slim is number two.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33701/Warren-Buffett-Grabs-Title-of-Worlds-Richest-Person Thornburg Shares Nosedive on 'Material' Defaults http://finance.feedables.com/go/33703/Thornburg-Shares-Nosedive-on-Material-Defaults <div style="font:Arial 12px;width:100%;float:left;clear:both">Thornburg Mortgage, said on Wednesday, its failure to meet a margin call has triggered defaults under a variety of lending agreements and its obligations under those agreements are "material."</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33703/Thornburg-Shares-Nosedive-on-Material-Defaults Merrill Quits Subprime Lending, Cuts 650 Jobs http://finance.feedables.com/go/33704/Merrill-Quits-Subprime-Lending-Cuts-650-Jobs <div style="font:Arial 12px;width:100%;float:left;clear:both">Merrill Lynch said its First Franklin subprime lending unit will stop offering mortgages, resulting in a loss of 650 jobs, and it will try to sell the part of the operation that handles billing and collections.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33704/Merrill-Quits-Subprime-Lending-Cuts-650-Jobs Ambac to Raise $1.5 Billion To Keep Triple A Rating http://finance.feedables.com/go/33705/Ambac-to-Raise-15-Billion-To-Keep-Triple-A-Rating <div style="font:Arial 12px;width:100%;float:left;clear:both">Ambac's plan to raise up to $1.5 billion in capital is nearly complete, bankers say, which should help the troubled bond insurer keep its crucial triple A debt rating.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33705/Ambac-to-Raise-15-Billion-To-Keep-Triple-A-Rating Oil Surges, Closes at Record High on US Supply Drop http://finance.feedables.com/go/33706/Oil-Surges-Closes-at-Record-High-on-US-Supply-Drop <div style="font:Arial 12px;width:100%;float:left;clear:both">Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 after the government reported a surprise drop in crude oil stockpiles and OPEC held production levels steady.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33706/Oil-Surges-Closes-at-Record-High-on-US-Supply-Drop Venezuela-Colombia Tensions Help Drive Oil Higher http://finance.feedables.com/go/33707/Venezuela-Colombia-Tensions-Help-Drive-Oil-Higher <div style="font:Arial 12px;width:100%;float:left;clear:both">Discussing the crisis at Colombia's border, with CNBC's Michelle Caruso-Cabrera.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33707/Venezuela-Colombia-Tensions-Help-Drive-Oil-Higher Fast Money: Exxon Drops Extra $25 Billion; Who Wins? http://finance.feedables.com/go/33709/Fast-Money-Exxon-Drops-Extra-25-Billion-Who-Wins <div style="font:Arial 12px;width:100%;float:left;clear:both">Exxon Mobil intends to increase capital spending by 25% to a record $25 billion this year. Who wins as the oil giant gushes money?</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33709/Fast-Money-Exxon-Drops-Extra-25-Billion-Who-Wins Gastronomical Prices -- The Rising Cost of Food http://finance.feedables.com/go/33710/Gastronomical-Prices--The-Rising-Cost-of-Food <div style="font:Arial 12px;width:100%;float:left;clear:both">If the words 'recession' and 'stagflation' hadn't added enough to the lexicon of economic doom and gloom in these days of woe, financial markets -- and more importantly the general public -- now have to contend with a new term: 'agflation'. That's agricultural price inflation to you and me.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33710/Gastronomical-Prices--The-Rising-Cost-of-Food Services Economy Shrinks, But by Less Than Forecast http://finance.feedables.com/go/33711/Services-Economy-Shrinks-But-by-Less-Than-Forecast <div style="font:Arial 12px;width:100%;float:left;clear:both">The services sector contracted in February, though not as badly as economists had expected, while factory orders fell in line with forecasts.</div> [via http://www.cnbc.com/ @ March 4, 2008 @ 7:00pm] Tue, 04 Mar 2008 19:00:00 -0500 http://finance.feedables.com/story/33711/Services-Economy-Shrinks-But-by-Less-Than-Forecast