| MarketWatch First Take: Banks need to come clean on prop trading The black box of Wall Street proprietary trading is still in the dark, despite rumblings that big banks are planning to shutter units or keep them at arm’s-length, writes David Weidner. feeds.marketwatch.com |
Interior Dept. sets new offshore drilling rules By MATTHEW DALY 2010-09-30T16:42:15ZWASHINGTON (AP) -- The Obama administration on Thursday announced new rules requiring that offshore drilling rigs certify they have working blowout preventers and standards for cementing wells.... hosted.ap.org |
Everything Everywhere to cut 1,200 jobs Mobile phone company created by the UK merger of Orange and T-Mobile to cut jobs to achieve cost savings target of at least £3.5bn. telegraph.co.uk |
Sara Lee rebuffs KKR’s buyout offer: report Sara Lee reportedly has turned down a $12 billion buyout offer from KKR, with the company’s shares climbing as much as 13%. feeds.marketwatch.com |
Funds For Jittery Times The fund business is touting lots of products that claim to smooth out the market's bumps. Many are needlessly costly and complex. forbes.com |