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Qantas Airways’ annual profit surged 50% to a record $587 million, despite a 19% hike in its annual fuel bill because of higher oil prices.
Qantas revenue for the fiscal year ending June 30, rose 11% to $12.4 billion, whereas its pretax profit...
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Insurance company Mutual of Omaha is suing Oprah Winfrey and her production company over use of the phrase “aha moment.”
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It’s not the sexiest investment around, but the money-market mutual fund has become a high-demand safe haven for those who can no longer stomach the stock...
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The Supreme Court is stepping into a case over large fees paid to the investment advisers who pick the stocks for mutual funds, a popular investment choice among...
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AP, Boston
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AP,
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As markets continue to founder, conventional wisdom suggests the place to be once a turnaround takes hold is in stocks of small companies.
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AP, Boston
When does “absolute” imply something that in reality is far less than certain?
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AP, Boston
Investors who sought refuge in health care have reason to feel less queasy than most in a sick economy where no industry has been recession-proof.
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AP, Wilmington
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AP, New York
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AP, Seattle
Washington Mutual says it will receive $7 billion in new capital from an investment group led by private equity firm TPG.The new investment will boost the Seattle-based...
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San Francisco:
A branch of Washington Mutual bank is shown at the Embarcadero Center in San Francisco in this July 17, 2006 file photo. Washington Mutual is close to landing a $5 billion cash infusion from private-equity firm TPG and other investors, according to a...
