Fidelity Magellan dials up on growth, bounces back

In the 1980s, when stocks mostly surged, a few mutual fund managers became the equivalent of rock stars.
Tops among them: Peter Lynch, who […]

Consumer sentiment improves, inventories drop

Improving U.S. consumer sentiment and a big drawdown in wholesale inventories on Friday built on recent evidence that an economic recovery was picking up […]

Generating opposition

Doug MacKenzie gets fired up when asked about the large natural gas plant being shoehorned into his neighbourhood.
The Oakville homeowner says he’s already paid his […]

Bank lobbyists winning battle against regulation

You would think after global financiers triggered the current, unprecedented worldwide recession and credit crisis, they might embrace inevitable reforms that their reckless conduct made […]

U.S. bank regulators dig in against Obama shake-up

Top U.S. bank regulators will speak out on Tuesday against some key elements of the Obama administration’s plan to reshape financial regulation, saying parts […]

Germany says Opel suitors must improve bids

The two suitors for GM’s German unit Opel must improve their bids to win government backing, German Economy Minister Karl-Theodor zu Guttenberg said on […]

Cash for Clunkers list confusion

Some car shoppers are finding that their trade-in vehicles, which qualified for a Cash for Clunkers rebate last week, don’t this week because of […]

Banks with bailout funds say loans rise: survey

More than 80 percent of the U.S. banks that received federal bailout funds said the money had helped them increase lending or avoid a […]

Gruebel: UBS cannot comply with U.S. request

UBS AG Chief Executive Oswald Gruebel sent a memorandum to the bank’s top executives on Thursday saying the bank could not comply with a […]

Lear Corp files for bankruptcy

U.S. auto parts maker Lear Corp, which has been weighed down by heavy debts and a sharp decline in automobile demand, filed for Chapter […]