Pharmaceutical major Pfizer Inc. (NYSE:PFE) has been reported to have agreed to pay $60 million to the federal government, in settlement of alleged charges that its employees were involved in... read more

  Microsoft Corporation (NASDAQ:MSFT) has reached a deal with Yammer to acquire the company for $1.2 billion. Yammer is an enterprise social network that boasts over 5 million users. 85... read more

Throughout this ten-part series, I’m looking at the life and times of Carl Icahn, how he started on Wall Street, his most famous and infamous trades, his transition from... read more

Markel Ventures Inc today announced its acquisition of Virginia-based Eagle Construction and its affiliate entities. Today’s announcement marks the extension of Markel’s earlier investment in Eagle’s platform. In 2010, the... read more

Last week was historic from a number of standpoint. Not only did the Dow Jones Industrial Average have a never before string of 300 point down moves, and the... read more

The British pound is now the “de facto official opposition to the government’s policies” according to HSBC currency strategist David Bloom. It’s been a rocky few days for sterling as... read more

Central Banks Should Stop Paying Interest on Reserves In 2008, the Federal Reserve began paying interest on reserve balances held on deposit at the Fed. It took more than seven... read more

In a rare case of a malware cyber attack being detected before it is launched, cyber-security firm warns major institutions of pending attack read more

Algeria’s gas output is largely dependant on the production from the field Hassi R’Mel, which has been seen to hastily decline to one-third of its previous value. The field has... read more

US Home Builders Increasingly Optimistic by Topdown Charts The US NAHB index (measure of home builders confidence) jumped to almost a 12 month high in September as home builders become increasingly... read more