Has the ship sailed on big shipyard M

Day and night on this tiny island at the southern tip of the Korean peninsula, workers at Samsung Heavy Industries’ overcrowded shipyard assemble giant […]

Ospraie fund to close after August hit

Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and […]

FDIC announces 10th bank failure of the year

State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.
Integrity Bank, based in Alpharetta, Georgia, was closed by the […]

Analyst: Fifth Third, BB

Fifth Third Bancorp could be a possible suitor if management changes at BB&T Corp. led to a merger between it and a similar bank, according […]

Brown to Pledge 1 Billion Pounds to Spur U.K. Housing Market

Prime Minister Gordon Brown will today propose spending 1 billion pounds ($1.8 billion) sooner than planned to help reverse Britain's worst housing slump in […]

Gustav seen as less costly than Katrina for insurers

Hurricane Gustav, which came ashore southwest of New Orleans on Monday morning, is expected to trigger significant insurance claims but far less than record-setting […]