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Reuters: Business News
  • Judge says Lehman examiner can make report public
    NEW YORK (Reuters) - The court-appointed examiner who investigated the collapse of investment bank Lehman Brothers Holding Co is set to make his report publicly available, after a judge ruled he could do so on Thursday.




  • BofA retirement business winning clients: CEO
    CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's push into the competitive realm of managing retirement assets is paying early dividends.




  • Exxon boosts 2010 capital spending to $28 billion
    NEW YORK (Reuters) - Exxon Mobil Corp will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.




  • Citigroup sees return to sustained profitability
    NEW YORK (Reuters) - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy does not deteriorate.




  • Wall Street dips on China concerns, but banks rise
    NEW YORK (Reuters) - Worries that China may move to cool its overheating economy weighed down U.S. stocks on Thursday, but rising bank shares kept the market near break even.




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