Investment
  • FedEx Signals Global Economic Weakness

    By Ernest Scheyder, Reuters

    FedEx, the world's second-largest package delivery company, cut its profit outlook for the current quarter, saying weakness in the global economy was hurting demand for overnight international...

  • Attack on Private Equity — Politics or Probity?

    By Suzanne McGee, The Fiscal Times

    With only two months left before voters cast their ballots in this year’s presidential election, Republican nominee Mitt Romney’s former firm, Bain Capital, is back in the headlines along with about...

  • As Merkel Goes, So Goes the European Union

    The European Union is likely to take a step to finalize the Continent’s economic and financial recovery strategy. And make no mistake: We all have an interest in this phase of Europe’s protracted...

  • NY Subpoenas Private Equity Firms Over Tax Claims

    By GREG ROUMELIOTIS and KAREN FREIFELD, Reuters

    At least a dozen U.S. private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of...

  • Citigroup, J&J: Real Reasons for Strong Regulation

    By Suzanne McGee, The Fiscal Times

    Yesterday, two settlements were announced within hours of each other, both involving toxic products that have caused problems for Americans. In one case, Citigroup (C) announced it would pay $590...