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Finance History 2011-05-12 (12 May 2011 ) |
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| Underwear maker HanesBrands Inc. said Thursday that its CFO is resigning, effective June 30. E. Lee Wyatt, 58, is leaving to pursue other opportunities, the company said. Dale W. Boyles, controller and chief accounting officer, will serve as interim CFO while the company searches for Wyatt's replacement. | |
| Euro zone finance ministers are likely to back a bailout for Portugal on Monday and tell Greece it must deliver on agreed fiscal and privatization targets if it wants new emergency financing next year. | |
| Just five years ago, many advisers were cautioning baby boomers to not count on home equity to finance their retirement. Today, some retirement savers are staring down the barrel of a risky obligation. Read this and more stories in Personal Finance Daily. | |
| Euro zone finance ministers are likely to back a bailout for Portugal on Monday and tell Greece it must deliver on agreed fiscal and privatization targets if it wants new emergency financing next year. | |
| Finance diary for May 15 to May 21 | |
| Beleaguered Finance Secretary Cesar V. Purisima will let a unit of his department to act on the order from the Office of the Ombudsman reinstating Jose Yuchongco as chief of customs police, but only after determining “if there is really such an order.” | |
| MIDDLEBORO — At its meeting on Monday, the Finance Committee voted to recommend the School Department's operating and transportation budgets as they were presented and approved by the School Committee last week. | |
| The students in Gregory Stone's Finance 430 class at the University of Nevada, Reno, brought home some profits from their $100,000 in portfolio investments the past semester, netting $850. | |
| International Lease Finance Corp., the jet leasing unit of American International Group Inc., said Wednesday that it has named Elias Habayeb as chief financial officer, effective immediately. | |
| A federal grand jury has handed down indictments against the former CEO and two board members of Xinhua Finance Limited, charging them in a $50 million scheme to defraud investors. |
Economic History|
| Britain's economic growth slowed at the start of the second quarter, with the three-month rate dropping to percent, a respected think tank said Thursday. | |
| The United States and China inked a broad economic framework, one the authors hope will guide often fractious relations between the world's two biggest economies. | |
| A look at economic developments and activity in major stock markets around the world Thursday: | |
| The economic toll of the Mississippi River flooding has yet to be calculated, as the crest pushes past Memphis towards New Orleans, but is expected to run in the billions. | |
| An economic crisis deepened in the former Soviet republic as the Central Bank lifted restrictions on the exchange rate, setting off a collapse of the ruble. | |
| Chinese economic data show consumer inflation moderating slightly in April, but industrial output declining at a sharper-than-expected pace, spurring concerns of a deepening slowdown. | |
| The US Special Economic Envoy Declan Kelly resigns from the role which he has held since 2009. | |
| The Hickenlooper administration's "bottom-up" economic-development initiative is nearing completion as the 14 regional plans are being filed this week with the state Office of Economic Development and International Trade. | |
| The economic slowdown has been identified as the top risk facing businesses, according to a new survey. | |
| By ANTHONY HALL United Press International With the conviction of . hedge fund manager Raj Rajaratnam, is it possible the list of the world's richest men has need of at least an asterisk or two? |
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