Citi Hit in Brazilian Hacker AttackA computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions.
With Role Lessened, Loan Chief Exits BofABarbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America, is leaving as the financial giant retreats from the home-loan business.
Upbeat Beam Sees Glass as Half-FullSpirits maker Beam, which posted better-than-expected earnings, expects established brands and new flavors to help it outperform the broader category's growth this year.
Facebook and the St. Petersburg ParadoxInvestors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily.
Oil Partnerships Keep RollingA quirky and complex investment class called master limited partnerships has been one of the market's best performers of late.
Despite Intervention, Brazil's Currency GainsBrazil's real climbed against the dollar after strong U.S. jobs figures outweighed the central bank's intervention in an attempt to weaken the currency.
Jobs Data Help Dollar GainA surprisingly strong jobs report boosted the dollar, as evidence of a rebounding labor market helped diminish expectations of more expansionary monetary policy by the Federal Reserve.
MTN Probes Bribery ClaimsShares of South African mobile-phone operator MTN fell after the company said it is investigating claims by Turkey's largest mobile-phone operator that it engaged in corruption to secure a deal in Iran.
Interest-Rate Probe WidensRegulators in Switzerland and the U.K. stepped up pressure on Swiss and foreign banks, extending a probe into alleged manipulation of interest rates and disclosing possible action against UBS in a trading scandal.
RBS 'Surprised' by Pay BacklashRBS's chairman acknowledged that the bank had miscalculated the public and political reaction to the $1.5 million bonus in shares awarded to CEO Stephen Hester, who subsequently turned down the payment.
Hutchison Whampoa Buys Orange AustriaHutchison Whampoa agreed to buy Austria's third-largest mobile operator for about $1.71 billion in a move that will enable the Hong Kong conglomerate to expand its market share in Austria.
Mexico Drought Chokes Cattle, CropsThe worst drought on record in various parts of Mexico has destroyed millions of acres of cropland and left millions of livestock without food.
Mild Winter Leaves Some ColdThe relatively mild U.S. winter is saving cities money on salt and snowplowing but hurting businesses that rely on cold to bring in cash.
FDA: No Ban on Orange-Juice ImportsOrange-juice futures settled lower as traders discounted the prospects for a ban on juice imports into the U.S. It appears they weren't off the mark.
Gold Shines Over PlatinumPlatinum is usually more expensive than gold, but worries about Europe and global growth have turned the historical norm on its head.
Copper Surges 3.2%Copper futures roared higher on better-than-expected U.S. employment data and as traders who bet on lower copper prices were forced to cover those positions with purchases.