Tim Dobbyn
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Nvidia cuts revenue forecast, shares drop
Jan 24, 2012 18:48 EST
(Reuters) - Chipmaker Nvidia Corp unexpectedly cut its outlook for current-quarter sales, saying it has been hit by a shortage of hard drives in the personal computer supply chain and declining sales of a mobile chip.
Rule-smashing lawyer sees Volcker cracks
Jan 24, 2012 13:48 EST
WASHINGTON (Reuters) - The controversial ban on banks' proprietary trading known as the Volcker rule has big vulnerabilities and should be reproposed, or face possible legal challenges, a prominent Washington attorney said on Tuesday.
How to play it: A record year for political spending
Jan 24, 2012 11:58 EST
NEW YORK (Reuters) - The 2012 presidential election could be one of the most expensive in history - starting with what is expected to be a drawn-out primary season.
Starbucks expanding beer, wine sales this year
Jan 23, 2012 19:36 EST
(Reuters) - Starbucks Corp <SBUX.O>, which sells the coffee that helps many Americans get wound up for their day, is offering more of their customers a way to wind down.
Starbucks to sell beer, wine in Atlanta, Southern California
Jan 23, 2012 13:33 EST
(Reuters) - Starbucks Corp <SBUX.O>, which sells the coffee that helps many Americans get wound up for their day, is now offering some a way to wind down.
Diamondback to settle insider-trade charges: SEC
Jan 23, 2012 10:32 EST
WASHINGTON (Reuters) - Hedge fund Diamondback Capital Management will pay more than $9 million to settle civil insider-trading charges, and will also enter into a non-prosecution agreement with the U.S. Justice Department.
Diamondback to settle insider-trade charges
Jan 23, 2012 10:32 EST
WASHINGTON (Reuters) - Hedge fund Diamondback Capital Management will pay more than $9 million to settle civil insider-trading charges, and will also enter into a non-prosecution agreement with the Justice Department.
Diamondback to settle insider-trading charges
Jan 23, 2012 10:32 EST
WASHINGTON (Reuters) - Diamondback Capital Management will pay more than $9 million to settle allegations of insider trading at the Stamford, Connecticut-based hedge fund.
Broke, sick and lonely, Stanford heads to court
Jan 21, 2012 07:24 EST
HOUSTON (Reuters) - No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183.
Broke, sick and lonely, Allen Stanford heads to court
Jan 21, 2012 07:24 EST
HOUSTON (Reuters) - No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183.
Chamber's lobbying spend fell sharply in 2011
Jan 20, 2012 18:15 EST
WASHINGTON (Reuters) - Lobbying spending by the largest business group plunged in 2011 by more than half from a year earlier in a reflection of gridlock in Congress and the calm before a major campaign year, records show.
Courts push back on bribery prosecutions
Jan 20, 2012 15:54 EST
WASHINGTON (Reuters) - As the Justice Department has stepped up its enforcement of an anti-foreign bribery law, it has faced the expected stiff resistance from the business community.
Verizon Wireless, partners resist Sprint, DirecTV
Jan 19, 2012 18:36 EST
NEW YORK (Reuters) - Verizon Wireless and its cable partners are willing to give U.S. communication regulators confidential details of their agreement but objected to a request for information from Sprint Nextel <S.N>, DirecTV <DTV.O>, T-Mobile USA and others.
Intel names COO, a possible CEO successor
Jan 19, 2012 16:27 EST
SAN FRANCISCO (Reuters) - Intel Corp will promote 20-year company veteran and manufacturing expert Brian Krzanich to the post of chief operating officer, making him a frontrunner to one day replace Paul Otellini as chief executive.
Morgan Stanley beats expectations with cost cuts
Jan 19, 2012 07:31 EST
(Reuters) - A pricey settlement over bond insurance pushed Morgan Stanley <MS.N> into the red in the fourth quarter, but the Wall Street bank still posted better-than-expected results, due to a focus on cost cuts and relatively strong performance in equities trading.
Analysis: U.S. payday lenders point fingers to blunt crackdown
Jan 18, 2012 20:27 EST
WASHINGTON (Reuters) - Payday lenders facing oversight from the new consumer protection agency are warning that tough regulations may push customers into the arms of unscrupulous online lenders, in a pitch for lighter, or at least equal, new rules.
Payday lenders plead case to U.S. consumer agency
Jan 18, 2012 20:27 EST
BIRMINGHAM (Reuters) - Payday lenders gathered an array of supporters at a hearing hosted by the U.S. Consumer Financial Protection Bureau, trying to sell the new agency on the benefits of the controversial short-term, high-interest loans.
Analysis: U.S. payday lenders point fingers to blunt crackdown
Jan 18, 2012 20:27 EST
WASHINGTON (Reuters) - Payday lenders facing oversight from the new consumer protection agency are warning that tough regulations may push customers into the arms of unscrupulous online lenders, in a pitch for lighter, or at least equal, new rules.
U.S. charges man with stealing software from NY Fed
Jan 18, 2012 17:11 EST
NEW YORK (Reuters) - U.S. prosectors charged a computer programmer with stealing software code valued at nearly $10 million from the Federal Reserve Bank of New York.
U.S. charges Chinese man with NY Fed software theft
Jan 18, 2012 17:11 EST
NEW YORK (Reuters) - U.S. prosecutors arrested a Chinese computer programmer on charges he stole software code valued at nearly $10 million from the Federal Reserve Bank of New York.
