Investors offer about $38.8 billion in Greek buyback: source

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Ex-Kleiner partner wants day in court in discrimination lawsuitComments Off

A high profile sex discrimination lawsuit in Silicon Valley should be taken private via arbitration, lawyers for venture capital firm Kleiner Perkins Caufield & Byers argued on Wednesday, but the plaintiff, former partner Ellen Pao, wants the chance to tell her story before a judge.

New bookkeeping rule to priprizese open insurers’ ‘black box’ accountsComments Off

An international bookkeeping regime being unveiled on Thursday will iron out national variants in insurers’ “black box” balance sheets although the transition will take several years and the United States will keep its own, very different rules.

Ally deal draws limited objections from ResCap creditorsComments Off

Ally Financial Inc’s proposed $2.

US Airways chief warns lawmakers of potential service cutsComments Off

Forcing a combined American Airlines and US Airways Group to surrender slots at Reagan National Airport would risk fewer flights to small and medium-sized cities, US Airways CEO Doug Parker told lawmakers on Wednesday.

Cliffs could halt Bloom Lake expansion if iron price fallsComments Off

Cliffs Natural Resources Inc said on Wednesday that if iron ore prices fell further, it could scrap a key expansion at its Bloom Lake mine in Canada’s iron-rich Labrador Trough region.

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