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NEW YORK and SAN FRANCISCO , Oct. 30 /PRNewswire-FirstCall/ -- Ketchum, one of the world's leading public relations agencies, today announced the acquisition of San Francisco -based Access Communications, a firm known for its high-technology and ...
Read moreKetchum Acquires Fifth Largest U.S. Technology PR Firm, Access ... - MSN MoneyCentral
LAS VEGAS (AP) - The federal government is switching the main contractor for the Yucca Mountain nuclear waste project. The Energy Department announced Thursday in Washington that a firm headed by USA Repository Services will take over April 1 from ...
Read moreFeds switches general contractor at Yucca Mountain - MSN MoneyCentral
NEW YORK (Associated Press) - Lazard Capital Markets and four former employees have agreed to pay more than $3 million to resolve a federal complaint over lavish gifts the brokerage firm showered on Fidelity Investments employees to win the mutual ...
Read moreSEC reaches $3M deal with Lazard, ex-employees - CNN Money
NEW YORK (CNNMoney.com) -- It's official. The economy shrunk in the third quarter. In terms of earth-shattering surprises, that should rank up there with the news that Madonna and Guy Ritchie were getting a divorce. We all knew before today that ...
Read moreStimulus, take 2: The right way - CNN Money
Oct. 30 (Bloomberg) -- Deephaven Capital Management LLC, the hedge-fund unit of stockbroker Knight Capital Group Inc. , froze a $1.6 billion fund after investors asked to get back 30 percent of their money. Withdrawals from the Deephaven Global ...
Read moreDeephaven Suspends Withdrawals From Multistrategy Hedge Fund - Bloomberg
Oct. 30 (Bloomberg) -- Legg Mason Inc. plans to cut about one-third of the jobs at Legg Mason Capital Management, the first layoffs at its investment unit run by Bill Miller , after assets fell by 53 percent this year. As many as 50 of 147 employees ...
Read moreMiller's Legg Mason Unit to Cut Jobs as Assets Fall (Update2) - Bloomberg
BOSTON, Oct 30 (Reuters) - Citadel Investment Group LLC said Thursday it plans to shut down a $1 billion portfolio that invests in other hedge funds and put the capital it invested in the fund into other businesses. Citadel, the Chicago-based hedge ...
Read moreCitadel shutting down its fund of funds portfolio - Reuters
Network Rail is under pressure to cut costs after the industry's financial regulator left it with a near £3bn spending gap. The Office of Rail Regulation said the owner of Britain's rail infrastructure should spend £28.5bn between next year and ...
Read moreRegulator leaves Network Rail with £2.6bn spending gap - Guardian Unlimited
NEW YORK : Wall Street is coming under mounting political pressure to cut bonuses for top executives, traders and bankers in what was already expected to be a down year for pay. Under pressure from members of Congress to curtail compensation, banks ...
Read moreGovernment presses Wall Street to cut bonuses - International Herald Tribune
Private investors have shown interest in General Motors Corp.'s proposed acquisition of Chrysler LLC and may help finance the deal if the U.S. government agrees to provide funds, sources close to the negotiations said Wednesday. GM and Cerberus ...
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